The Hindu Business Line : Saturday, October 04, 2003

ACE achieves record trading volume in castorseed futures
"We are seeking FMC permission for futures trading in groundnut oil, raw cotton and mustard." More

Bullion futures trading launched
THE Union Minister of Consumer Affairs, Food and Public Distribution, Mr Sharad Yadav, on Friday launched futures trading in gold and silver by the National Multi-Commodity Exchange of India Ltd (NMCE). Speaking on the occasion, the Minister ... More

STORAGE

Save Grain Campaign in Kerala

RUBBER

Mixed trend in rubber market
THE rubber market witnessed a mixed trend on Friday. Sheet rubber RSS 4 declined to Rs 49.25 from Rs 49.50 on Wednesday. All other grades except ISNR 20 were steady on buyer resistance. The market movers continued to sideline the market ... More

SUGAR

Centre levies additional cess on sugar
THE Centre has clamped an additional cess of Rs 6 per quintal on sugar, taking the total duty incidence on the commodity to Rs 91 per quintal. Currently, the total duty on sugar sold in the open market is a flat Rs 85 per quintal, which ... More

TEA

Tea export earnings seen slipping to 8-year lows
EXCESS stock is feared to reduce the tea industry's export returns to eight-year lows if serious steps are not taken to augment earnings in the last quarter of 2003. The Accenture study initiated by the Tea Board has warned: "In the absence of ... More

Tea exports to Pak likely to rise
A sudden increase in the import of teas from India may not be possible as the Pakistani consumers are almost addicted to the African tea, mainly from Kenya. More

Japanese firm keen to buy Indian green tea
JAPAN'S food industry major, Taiyo Kagaku, has shown interest to buy green tea from India. ``We shall be happy to deal with any one promising to supply us a good volume of clean green tea," Dr Lekh Raj Juneja, Executive Vice-President, told ... More

OILSEEDS & EDIBLE OIL

Oilseed exports decline 41 pc
TOTAL export of oilseeds during the 2002-03 fiscal declined 41 per cent to 2,22,711 tonnes valued at Rs 617.70 crore as against the previous year's figure of 3,80,151 tonnes valued at Rs 875.45 crore. Downfall in exports was due to lower ... More

CASHEW

Cashew exports dip
THE Vice-Chairman of the Cashew Export Promotion Council of India (CEPCI), Mr Walter D'Souza, has said cashew export has declined in the first four months of this financial year to 29,302 tonnes (valued at Rs 538.17 crore) compared with 33,230 ... More

CO-OPERATIVES

Kerala Serifed draws up growth strategy
THE State Sericulture Co-operative Federation Ltd (Serifed) has drawn up a three-pronged development strategy for the Tenth Plan. The strategy involves cluster-based development, active participation of local body institutions and emphasis on ... More

APCO launches marketing drive
APCO, the apex weavers' co-operative in the State, plans to undertake an aggressive marketing campaign and also initiate steps for restructuring some of the primary co-operatives not functioning well, Mr B.C. Nageswara Rao, the Chairman, has ... More

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