The Hindu Business Line : Friday, April 23, 2004

COMMODITY EXCHANGES
Castorseed futures fall on poor buying
CASTORSEED futures have declined sharply by Rs 230 per 100 kg or 12 per cent during the past fortnight after a continued rally last month. The decline has been attributed to lack of fresh buying support from exporters, coupled with increased ... More

CLIMATE & WEATHER
Kerala: Week-long lull in summer rains
The prevailing summer shower season receded to a week-long lull phase with most parts of Kerala going without rain during the week ending April 21. The Agromet Advisory dated April 22 issued by the Met Office, ... More

HORTICULTURE/FRUITS & VEGETABLES
Poll panel `no' to ginger processing plant opening
THE Election Commission has intervened to force postponement of the inauguration of the fresh ginger processing plant that the Regional Research Laboratory, Thiruvananthapuram (RRL-T) had offered to hand over to the North Eastern Regional ... More

RUBBER
Low arrivals lift rubber prices
THE rubber market improved on Thursday. Buying from the covering groups and purchase agents boosted the market sentiments, while arrivals were on a low key. Certain tyre companies were reported to be buying sheet rubber at current rates. ... More

TEA
Massive fall in tea imports
THERE has been a massive reduction in the import of tea into India in 2003 compared to 2002, according to the latest information available with the Tea Board. Only 6.77 million kg were imported in 2003 against 22.01 million kg in 2002. Imports ... More

TECHNICAL ANALYSIS
Spot gold may move lower
GOLD prices fell sharply lower to one and half month lows on speculative selling prompted by a rise in the dollar. The dollar rose to a five-month high against the euro on Thursday as market participants interpreted comments by the US Federal ... More

SPICES & CONDIMENTS
Cardamom prices mixed
CARDAMOM prices remained mixed at auctions held in Kerala and Tamil Nadu during the week with the prices of general bulk dropping, while that of bold varieties moving up. At the auction held by Cardamom Marketing and Processing Company (CPMC) ... More

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