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Sunday, September 05, 2004

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AGRI-BIZ & COMMODITIES

TECHNICAL ANALYSIS
Palm oil may move higher
MALAYSIAN crude palm oil futures on MDEX closed lower on Friday due to a lack of follow-through interest, weekend profit-taking and losses in overnight CBOT soya oil values. CPO futures should now follow CBOT soya oil prices closely for further ... More

METALS
Lead may rule firm on demand, low stocks
DOMESTIC lead metal prices are expected to rule firm for the rest of theyear following robust demand from the domestic automotive batteries sector, depleting LME warehouse stocks and firm global market trend. Lead prices have increased by 15 ... More

BME seeks removal of octroi duty on non-ferrous metals
THE Bombay Metals Exchange (BME) has requested the Bombay Municipal Corporation (BMC) to remove octroi duty completely on non-ferrous metals such as copper and nickel. Earlier, octroi duty was on weight basis but now it has been changed to ... More

OILSEEDS & EDIBLE OIL
Customs says cash, no DEPB licence
ALMOST all customs houses have stopped accepting DEPB (duty entitlement passbook) licences for clearance of imported vegetable oils and are insisting on cash payment of customs duty. However, there is no evidence of written instructions from ... More

TRENDS
`Failure of public system mars farm sector'
"Systems built over the decades have crumbled in the 1990s, the extension system is defunct, credit system is under stress, the cooperative system is non-operative," said Prof Abhijit Sen, Planning Commission Member and Professor, Jawaharlal ... More




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Top Stories
Lead may rule firm on demand, low stocks


Democrat Kerry raises outsourcing issue again — Bush leads rivals in poll survey

Prasar Bharati hopes to rope in BBC, CNN on to DTH platform

US job market brightens in Aug

Looking back
Aug. 29-Sep. 4
Illegal copper scrap import hitting domestic producers

Seafood industry looks for lifeline

Coffee exports taper off on low stocks

Increase subsidy or we will close down, DAP units tell Govt

Fertiliser subsidy demystified

Row over palm oil carotenoid norms intensifies

Gold may decline after US presidential polls

Tea output dips 9 pc; exports increase 22%


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