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Sunday, September 01, 2002

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AGRI-BIZ & COMMODITIES

TEA


Tea: The overflowing cup of woes
TEA is best had, not written about. Or so the saying goes. But its cup has been so full of woes, that there is hardly any cheer left. A surfeit of supplies and sliding prices have left the tea industry at the bottom of the cup, in dregs. ... More

New logo for Russian tea shipments
THE Tea Board has decided to launch a new logo for the shipment of teas to Russia. The intensive promotion of the new slogan, `World's gold standard', will begin in October. "We did extensive testing and finally found this as the best logo in ... More

Futures & auctions
FUTURES is essentially a mechanism to protect tea growers — that is, the plantations owners — from the risk of fluctuating prices. In a falling market, as now, depending upon the future outlook and sentiment, a ripple effect ... More

Costly cuppa?
RETAIL prices of most branded teas have marginally risen or remained stagnant. An analysis of the maximum retail prices of various tea brands in Chennai shows that between January 2001 and now, prices have increased 2-13 per cent. The ... More

Branding hitches
IN THE end, tea is all about getting it to the masses. And companies that have the retail muscle, such as Hindustan Lever, do this best. HLL is without doubt the largest retailer of teas in India. Its portfolio of teas commands a market share of ... More

TECHNICAL ANALYSIS


Downward tweak likely in palm oil
CRUDE palm oil futures on the Malaysian derivatives exchange or MDEX closed lower on Friday on expectations of not so good exports for the month of August to be released next week. SGS and another surveyor, ITS, are scheduled to release export ... More

OILSEEDS & EDIBLE OIL


Aug vegoil imports put at 4.34 lakh t
VEGETABLE oil imports into the country during August were 4.34 lakh tonnes (lt), according to quick estimate released by Oilmandi.com, an industry portal. Arrivals comprised 2.09 lt of degummed soyabean oil, 1.28 lt of crude palm oil and the rest ... More

COFFEE


Global coffee crisis threat to sustainable growth: ICO
THE goal of achieving the poverty reduction target adopted at the UN Millennium Summit in September 2000 is proving elusive because of the threat to sustainable development caused by the exodus from rural areas and increased poverty in coffee ... More

INTERVIEW


`Industry should warm up by end-Sept' — Mr Homi R. Khusrokhan, Managing Director, Tata Tea
TATA Tea, the largest integrated tea company in India, is present both at the commodity and retail levels. The glut in the tea industry and the recent erosion in the market capitalisation have made these tough times for Tata Tea. ... More

TRENDS


Monsoon `catches up' in August — But deficit likely to remain
THE monsoon has staged a revival of sorts during August, thereby partially mitigating the impact of a disastrous first half performance. While the total area-weighted rainfall received by the country during June-July stood almost 30 per cent ... More
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