THE HINDU BUSINESS LINE
Financial Daily
from THE HINDU group of publications
Saturday, July 14, 2001
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Commodities

Commodities
Global cotton prices under pressure on supply glut
PROSPECTS for a bumper global cotton crop that will exceed projected world consumption have pushed prices down to the second lowest world's cotton A-index price in the past three years, averaging 58.1 cents per pound through June of 2000-01 season.

Plantations
Huge withdrawals at ICTA auction
THERE hasn't been much to cheer about in the coffee markets and this week saw larger withdrawals at the local Indian Coffee Traders Association (ICTA) auctions, as exporters remained inactive and the domestic trade covered small quantities for immediate use. Prices fell by Re 1 on all varieties.

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