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Monday, September 26, 2005


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AGRI-BIZ & COMMODITIES

COMMODITY EXCHANGES


BPCL in talks with NCDEX for futures trading in furnace oil
BPCL is working on an agreement about physical delivery of the product, which will be crucial for participation in such contracts. More

INSIGHT


Why agro-trade is the key to agriculture
LATELY, there has been a lot of discussion on agro-trade. The next round of the Agreement on Agriculture (AoA) is scheduled for December, in Hong Kong. What are the implications of agro-trade for the Indian economy? Agro-trade can benefit ... More

HORTICULTURE/FRUITS & VEGETABLES


Farm fresh
A farmer busy sorting out cucumbers at Ghatakpukur market in South 24 Parganas in West Bengal. It is currently sold at Rs 160-200 a quintal at the wholesale markets, but the retail prices are close to double. ... More

TEA


Tea industry calls for aggressive promotion
TEA industry representatives from seven countries have called for aggressive promotion, focusing on the health benefits and its cost effectiveness as the key factors to survive in the post-WTO era. The delegates were here to attend a ... More

Good demand drives prices at Kochi tea sale
A GOOD general demand resulted in the spurting of prices of almost all varieties of tea at the Kochi tea auction. Of the quantity of 10,83,000 kg on offer in the dust category, high priced CTC's were lower by Rs 10 to Rs 15. Medium CTC's were ... More

TECHNICAL ANALYSIS


Cotton prices may drift lower
NEW York cotton futures ended lower Friday on profit-taking combined with trade-selling on news of the recent hurricane Rita being lowered to category 3 from category 4. Earlier in the week, prices hit a two-week high on fears that hurricane ... More

PRECIOUS METALS


AP gold festival to begin on Oct 10
THE Art of Jewellery, in association with World Gold Council, is set to host Andhra Pradesh Gold Festival 2005, an exclusive 50-day jewellery shopping festival. The festival is organised on the lines of the Dubai Shopping Festival wherein five ... More

OILSEEDS & EDIBLE OIL


Higher groundnut crop may boost kharif oilseed output
A HIGHER groundnut crop is likely to help prop up kharif oilseed production to 119 lakh tonnes in the next season (2005-06) against 115.60 lakh tonnes in 2004-05. According to an estimate by Mr G.G. Patel, a leading Rajkot-based oilseeds ... More

Vegoil prices likely to turn bullish on bio-diesel demand — Imports seen at over 50 lakh tonnes
WITH bio-diesel fuelling demand, vegetable oil prices are seen heading higher during the next 12 months, according to trade experts. The experts, who came up with their view on various aspects of vegoil trade at Globoil India, also projected ... More

CASHEW


Cashew exporters seek benefits under farm scheme
THE Cashew Export Promotion Council of India (CEPC) has appealed to the Union Government to allow Vishesh Krishi Upaj Yojana (VKUY) benefits for cashew exports from April 4, 2004, without imposing any restriction. Addressing the 50th annual ... More

COFFEE


Global coffee supply projected to dip
COFFEE growers confused over the current fluid situation in the world coffee prices are said to be holding back their produce anticipating an increase in the prices during the winter season, when the demand peaks in the US, Europe and Japan. ... More

CO-OPERATIVES


Madhusudhan Rao is Campco MD
MANGALORE: Mr P. Madhusudhan Rao has assumed charge as Managing Director of the Central Arecanut and Cocoa Marketing and Processing Cooperative (Campco) Ltd. A Campco release said here that Mr Rao has three decades of experience in ... More



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Sep. 18-Sep. 24
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Inflation up 3.53 pc due to higher fuel, food prices

Edible oils turn bearish on imports, better crop


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