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Monday, December 23, 2002

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AGRI-BIZ & COMMODITIES

FARM CREDIT


Debt relief for co-ops raises farmers' hopes in Kerala
The credit-deposit (C-D) ratio of commercial banks in the State is a poor 41 per cent, which can be attributed to the large amount of NRE deposits garnered by banks for which suitable deployment avenues are not available. More

TEA


Mixed trend at Kochi tea sale
TEA prices at the auctions here witnessed a mixed trend with the dust CTCs irregular and lower and othodox highgrowns steady while the leaf orthodox medium brokens and fannings steady to tending lower. There was, however, fair general demand ... More

TECHNICAL ANALYSIS


Cotton prices seen moving up
NYCE cotton futures closed higher on Friday as aggressive speculative buying powered the market to its highest for the month. The weekly USDA export sales report provided little inspiration for futures even though the figures came in at the ... More

PRECIOUS METALS


Gold surges to 6-year high
On Friday, as speculators took profits after the previous few day's strong gains, prices pulled back to $341.60/oz (London PM fix), showing 2.8 per cent gain week-on-week. More

DAIRY & DAIRY PRODUCTS


Paras scouts for dairies to expand national presence
FROM scouting around for suitable dairies to acquire, to intensifying efforts to deliver Paras products at your door-step — the Paras group has lined up a slew of activities in the forthcoming year towards increasing its presence in the ... More

FOODGRAINS


Sharp drop seen in global cereal output
LATEST information confirms a sharp drop in global cereal production in 2002 to 1,833 million tonnes. Combined with a marginal rise expected in total cereal utilisation in 2002-03, world cereal stocks for crop year ending 2003 are forecast to ... More

COTTON


ICMF action plan to vitalise cotton sector
THE country's cotton economy can potentially undergo changes for the better if the spirit of discussions at the meeting of key representatives of government, textiles industry, cotton trade and seed companies held here on Friday is translated ... More
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