The Hindu Business Line : Monday, May 07, 2007

HORTICULTURE/FRUITS & VEGETABLES
Smell of money
FANCY FLOWERS grown on the outskirts of Kochi are fetching good returns for local entrepreneurs. These varieties, mostly used for decorating stages for ceremonies, are in demand in metros such as Bangalore, Mumbai and New Delhi. ... More

TEA
Good demand for CTC, dust varieties
All three auction centres at Guwahati, Siliguri and Kolkata experienced all-round good demand for CTC and dust varieties with prices following quality. The domestic market operated with strength, according to the tea auctioneers, J. Thomas & ... More

Marginal rise in Coonoor tea prices
The marginal increase of 50 p a kg on the average witnessed at the auctions of the Coonoor Tea Trade Association (CTTA) last week continued on Saturday as the demand was not high enough to push up the bids despite the volume remaining low. ... More

TECHNICAL ANALYSIS
Gold futures could rise
Gold futures rallied higher on Friday boosted by a weaker dollar and fund buying, again giving rise to hopes for a test of the psychological resistance at $700. The dollar fell against the euro after a report showed that US payrolls growth for ... More

Downward tweak likely in palm oil
Malaysian crude palm oil futures ended lower on Friday on profit booking after reaching fresh eight-year highs earlier in the week in response to a bullish price outlook at the Indonesian price outlook conference. Market awaits key exports and ... More

GOLD & SILVER
Gold faces resistance on profit-booking
Further upside likely in copper; aluminium bullish More

JUTE
Jute crop may be lower this year
More

OILSEEDS & EDIBLE OIL
Meet considers `organic mulching' as dry crop management tool
Managing drought conditions More

COCONUT & COPRA
VAT on coconut oil, tender water to go
The Kerala Government has decided to withdraw Value-Added Tax applicable to coconut oil as well as processed tender coconut water. Announcing this, the State Finance Minister, Dr Thomas Isaac, said here that the decision on withdrawal of the 4 ... More

COFFEE
Coffee Board, ITDA plan to boost Araku brand
In line with `Darjeeling tea', `Araku Valley' Coffee, grown in the tribal areas of Visakhapatnam, is all set to be put on the priority list to be promoted as a brand. A Rs 140-crore project is being taken up by the Coffee Board to expand the ... More

SPICES & CONDIMENTS
Tight situation continues in pepper market
Pepper futures witnessed high fluctuations last week on highly speculative activities based on the trend in Vietnam. Reluctance on the part of Vietnamese sellers seems to have compelled the buyers, world over to cover from where ever the ... More

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Apr. 29-May. 5
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Plan panel favours viable strategy for farm growth