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Monday, February 28, 2005

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AGRI-BIZ & COMMODITIES

HORTICULTURE/FRUITS & VEGETABLES


Onion heading for record production
ONION is heading for a record production this crop year (July 2004-June 2005), while that of potato is likely to be higher by one million tonnes (mt) than last year. According to an Agriculture Ministry statement, onion production could hit 6 ... More

RUBBER


Rubber dealers seek clarification on VAT
THE Indian Rubber Dealers Federation has asked the Government to clarify that all grades of rubber appearing under the Code 4001 and in the sub classification of the Value Added Tax (VAT) tax would qualify to be taxed at four per cent. The ... More

TEA


Dusts in demand at Kochi tea sale
A GOOD general demand resulted in the spurting of prices of almost all varieties of tea at the Kochi tea auction. Of the quantity of 9,99,000 kg on offer in the dust category, good liquoring and popular CTCs steady to dearer by Rs 1-2. Poor ... More

TECHNICAL ANALYSIS


Upward tweak likely in cotton
NYCE cotton futures settled near a 19-week high on fund and option related buying coupled with spill over effect from soyabeans and wheat complex. There was a big rally in copper, crude oil and precious metals in 2004 and row commodities such as ... More

FOODGRAINS


Speculative buying seen lifting global grain prices
Wheat and soya price movements have to a limited extent helped support the corn market too. Rice prices in Asia continue to remain firm. More

SPICES & CONDIMENTS


Contaminated chilli powder entered UK in 2002: FSA
THE UK Food Standard Authority (FSA) has confirmed that the chilli powder said to have been used in the Worcester sauce and has been identified as the cause of the Sudan 1 contamination, was imported into the Kingdom in 2002 from the exporter, ... More


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Speculative buying seen lifting global grain prices

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In Focus

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Dabhol power regenerated
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In Depth

Gender Justice
Simple Economics
Tax Talk
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Looking back
Feb. 20-Feb. 26
Unanimity over oilseeds import still eluding industry

Labour shortage haunts rubber sector in Kerala

A case for Govt to hike Customs duty on gold

Unseasonal rainfall, hailstorm may impact rabi crops

Chilli leads spices export surge

Desi crude futures flare up

Indian food sector looks West to tickle taste buds

Indian teas post highest rise in 2004


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