THE HINDU BUSINESS LINE
Financial Daily
from THE HINDU group of publications

Monday, September 10, 2001

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Agri-Business

Agriculture
Karnataka plans 5 new agri-export zones
KARNATAKA is planning to set up five special agri-export zones to exploit the potential of exports of gherkins, onions and pomegranates. And for this purpose, the State Government proposes to provide about 1,00,000 acres of land to farmers.

`Agriculture to be thrust area in 10th Plan'
THE Centre's agricultural policy aims at making agriculture more profitable and ensuring that the production system becomes demand-driven and market-oriented, according to the Union Minister of State for Agriculture, Mr. Sreepad Yesso Naik.

3 agri-export zones to come up in West Bengal
THE West Bengal Government has decided to set up an agricultural export zone for pineapple in north Bengal with private sector participation as also co-operation from the National Horticulture Board and Agriculture and Processed Food Products Export Deve lopment Authority (APEDA).

Inter-cropping may profit coconut growers
INTER-CROPPING is the best alternative to boost the income of the coconut growers from a unit holding by using horizontal and vertical space more efficiently, according to Dr P. Rethinam, Chairman, Coconut Development Board.



From bamboo poles to mats
The scene at a busy area in Chennai where bamboo poles are converted into mats on the road side. Skilled labourers hailing from Andhra Pradesh work for low daily wages to make the mats.

Plantations
Planters in a pincer!
`TO be or not to be' is the Shakespearean Hamlet dilemma faced by the South Indian planters who are set to meet here for their annual meeting on September 11.

Technical Analysis
Palm oil in consolidation phase
Malaysia's palm oil futures eased on heavy liquidation due to weak fundamentals. The markets current support of 1,030 ringgits could easily be broken due to absence of fresh leads. A slow down in demand from India also contributed to the decline in price s.

NY cotton may test 36-cent level
New York Cotton futures started the month of September with a bang. Heavy weekend rainfall across the heart of the cotton belt left traders wondering how much damage was done to the US cotton crop. While a few thousand rotten cotton bolls will not dent t he negative impact of an anticipated 20.0-million-bale crop, the wet weather pattern is a concern for traders with prices hovering near 15-year lows.


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