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Monday, September 30, 2002

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AGRI-BIZ & COMMODITIES

SUGAR


Sugar coops want monthly release system to continue
THE National Federation of Cooperative Sugar Factories Ltd (NFCSFL) has urged the Centre not to dismantle the monthly release mechanism regulating open market sales of sugar till futures trading has fully established itself and the current excess ... More

TEA


Orthodox tea firm at Kochi sale
A MIXED trend was witnessed in the tea auction prices here during the week with the CTC market irregular and lower while orthodox firm and occasionally dearer. A total quantity of 7,30,000 kg were on offer in the dust sales. General demand was ... More

Tea prices up at Coonoor auction
TEA prices at the Coonoor auction during the week moved up sharply on reduction in arrivals and improvement in quality. Orthodox teas from Kilkotagiri and Kirabetta estates were sold for Rs 122 a kg, Havukkal Rs 111, Corsely and Kodanaad for ... More

WATER MANAGEMENT


TN for SC route to end Cauvery row
TAMIL Nadu prefers to get justice from the Supreme Court, which alone can ensure release of Cauvery water to end the crisis situation prevailing in the delta, the Chief Minister, Ms Jayalalithaa, said in a statement released to the press. Ms ... More

PRECIOUS METALS


Gold's upward momentum stalled
FOLLOWING on from previous week's firm close, gold began the week rather strongly. After a rally above $325 an ounce, prices stalled below $328/oz. The yellow metal drew strength from a combination of factors including possible US military ... More

DAIRY & DAIRY PRODUCTS


Carabeef exports seen up 10 pc
GROWING preference for rearing buffaloes for their higher fat content in milk is likely to result in increased carabeef (buffalo meat) exports from the country in the next couple of years. Buffalo numbers are expected to increase in the ... More

COTTON


Cotton prices may head north
NYCE cotton futures closed stronger across the board on Friday in the aftermath of Tropical Storm Isidore's torrential downpours, which caused persistent flooding and crop damage in prime cotton growing areas. The entire week was dominated ... More
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