The Hindu Business Line : Monday, June 09, 2003

Gherkin agri-export zone in AP soon
THE Horticulture Department of Andhra Pradesh has signed a memorandum of understanding with the Agriculture and Processed Food Products Export Development Authority (APEDA) for establishing an agri-export zone (AEZ) for gherkins in the State ... More

RUBBER

Monsoon may perk up supply
THE rubber market was rather inactive throughout the last week. Tyre sector, the major consumers, did not show interest in the market, banking upon imported rubber for consumption. Obviously they wanted to bring down the price, but the price did ... More

TEA

Fair demand for dusts at Kochi auction
A MIXED trend persisted for almost all varieties of tea at the Kochi tea auction. The dust sale witnessed only a fair general demand whereas there was only a less general demand for leaf varieties. Of the quantity of 1148,000 kg on offer in the ... More

PRECIOUS METALS

Dollar helps gold to hold high at $360/oz
A GENERALLY steady week for gold in which it traded between $368 an ounce and $360/oz, with movements in the currency markets continuing to be the main driver of intra-day direction. Although early in the week, the US dollar found support from ... More

COTTON

No gains from Bt cotton, say farmers
THE cotton farmers of Vanjara village in Warangal district of Andhra Pradesh used to keenly observe the cotton crop of E. Raghavulu. They even patted him for taking the right decision of cultivating Bt cotton. But not so any more. Mr Raghavulu ... More

Downward tweak likely in NY cotton
NYCE cotton futures closed higher on Friday on trade and fund buying that further strengthened prices after this week's drop to a near 10-week low. Very aggressive fund selling early drove the market into sell stops. Poor growing weather in ... More

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