The Hindu Business Line : Friday, October 07, 2005

FAPCCI call to back R&D in agriculture
THE Federation of Andhra Pradesh Chambers of Commerce and Industry (FAPCCI) has called for support to research and development in agriculture and allied sectors, keeping in mind the unfolding food processing opportunities. "Research in ... More

COMMODITY EXCHANGES

Twincity Tradecom in pact with UK co
TWINCITY Tradecom Pvt Ltd (TTPL), the Hyderabad-based commodities broking and advisory services company, has announced an alliance with the UK-based broking major - Stockcom Tradez Inc, to offer online trading services in the global ... More

INFRASTRUCTURE

AP Govt to expedite pending irrigation projects
Dr Reddy said the Government was not in a position to take up any irrigation projects beyond the listed 26 pending projects due to resource crunch. More

RUBBER

Spot prices rule steady
RUBBER prices were steady on Thursday. Though the buyers preferred to keep off, market continued to remain firm as sellers were confident to get better quotes in the days ahead. RSS 4 closed steady at Rs 64 a kg at Kottayam but improved by 25 ... More

High global prices buoy rubber market
RIDING on high international prices, natural rubber prices in the domestic market are currently ruling at their highest level compared with prices in the corresponding period of the previous years. The benchmark ribbed, smoked sheet (RSS) 4 ... More

SUGAR

TN no to price cut; support for sugar mills to be considered
THE private sector sugar mill managements in Tamil Nadu have sought the State Government's support in paying the sugarcane price fixed by it for the 2005-06 season. According to sources in the know, at the meeting between the Government ... More

Sept sugar FSQ validity extended in 3 States
THE Centre on Thursday decided to extend the validity of September month's free sale quota (FSQ) of sugar mills in Maharashtra, Gujarat and Karnataka till October 15. The extension has been granted to those mills which could not lift and ... More

Shree Renuka Sugars keen to expand into coastal States
KARNATAKA-based Shree Renuka Sugars Ltd is open to expanding into any of the coastal States - with a a mix of own and leased sugar milling capacities, with flexibility in operations, said the Managing Director, Mr Narendra ... More

TECHNICAL ANALYSIS

Spot gold may test support level
SPOT gold prices edged lower on Wednesday mainly due to fall in crude oil prices amid thin volumes owing to a weeklong holiday in China and Ramadan, the Muslim festival. US crude shed 2.6 per cent this week after the federal Government said it ... More

JUTE

Raw jute output seen up; concern over quality
FOLLOWING a sharp rise in raw jute prices during the last one month, there has been speculation on the total production and its quality. Mr K.K. Dhandhania, President of the Jute Brokers Association, in a press statement, sought to clarify ... More

OILSEEDS & EDIBLE OIL

Vegetable oil imports up at 45.5 lt; soya oil shipments double
Soya oil imports have increased to 17.6 lakh tonnes from 7.3 lakh tonnes. More

CASHEW

`Ensure quality of raw cashew nut imports'
ISSUES related to the quality of imported raw cashew nut and the Karnataka Government's encouragement to the cashew industry dominated the proceedings of the 50th annual general meeting of the Karnataka Cashew Manufacturers' Association (KCMA) in ... More

SPICES & CONDIMENTS

Ginger exports to Pak, Bangladesh on the rise
LIFTING of quantity restrictions coupled with reduction in import duty by Pakistan and Bangladesh on imports of spices from India has pushed up exports of ginger in 2004-05 and the trend is expected to continue. Out of the total exports of ... More

Diwali lends flavour to cardamom sales
DIWALI demand activated the cardamom market during the week with prices ruling steady at auctions held in Kerala and Tamil Nadu. Arrivals continued to be heavy but almost all the quantity was sold out. At the Cardamom Marketing and ... More

COMMODITY MARKETS

Post-Katrina, speculators push up commodity prices
SPECULATORS love uncertain conditions. In the wake of the US hurricane damage, speculators in the commodity markets appear to be positioning primarily for heightened inflation risk via heavy long exposure to gold. Funds have also been buyers of ... More

EXPORTS & IMPORTS

Import of sensitive items down 5.4 pc in April-July
THE total import of sensitive items in the first four months of the current fiscal has declined by 5.4 per cent to Rs 4,864 crore as against a level of Rs 5,143 crore in the same period last year. Gross imports of all commodities during ... More

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