Financial Daily
from THE HINDU group of publications

Friday, October 19, 2001





SICA allows NTSD contract trading
COIMBATORE: The South India Cotton Association (SICA) has allowed trading in non-transferable specific delivery contracts of cotton for the following varieties with effect from October 12.

Food & Dairy Products
KSE palns foray into value-added milk products
KSE Ltd, one of the leading manufacturers of cattle feeds and dairy products in Kerala, plans to enter into value-added milk products and special feeds in the next six months.

Maharashtra Chamber to open food-testing laboratory soon
THE Maharashtra Chamber of Commerce Industries and Agriculture (MCCIA) is gearing up for the launch of the region's first food-testing laboratory with comprehensive facilities for the agro-processing industries.

California grapes in markets soon
THREE of about 18 major varieties of table grapes from California are expected to make inroads into the local markets as part of the California Table Grapes Commission's mission to promote counter-seasonal sale of grapes in the country.

Rubber market weakens
THE rubber market weakened on Thursday owing to trading suspension by the Rubber Dealers' Federation. However, grower to dealer purchases continued in villages. There was no transaction in RSS 4, though ungraded rubber continued to be traded by the villa ge-level dealers.

Tea trade joins forces to stabilise prices
ALL sections of the tea industry have come together to formulate a strategy to stabilise falling tea prices amidst rumours of planters planning to stop production from November 1.

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