Financial Daily
from THE HINDU group of publications

Monday, November 13, 2000





Karnataka tobacco sales fetch better prices -- Average rates up 30 per cent
TOBACCO auctions in the Karnataka Light Soil (KLS) region have began on a positive note, following the declaration of a crop holiday in Andhra Pradesh and restriction in the crop size in Karnataka. Not only are the prices better this year as compared to last year, achieving the Government's objective, but the response, both in terms of buying and arrivals at the auction platform, is also much better.

Edible oil import duty hike likely before month-end
THE Centre may hike the import duty on edible oil later this month, according to Union Secretary for Petroleum and Natural Gas, Mr P. Shankar.

Trade estimates kharif oilseeds at 110.9 lakh t
THE output of nine major oilseeds for the kharif 2000-1 season has been estimated at 110.9 lakh tonnes compared to 106.3 lakh tonnes during 1999-2000, according to the Central Organisation for Oil Industry and Trade (COOIT).

AP, corporates to gain from loose oil sale ban
THE consumer has caught the attention of those engaged in the regulation and sale of edible oils in Andhra Pradesh, thanks to the State Government's decision to ban the sale of loose oil.

Mixed trend at Kochi tea auctions
A MIXED trend persisted for almost all varieties of tea at the Kochi tea auction. Though the dust varieties witnessed a good general demand, it was comparatively low for the leaf varieties.

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