The Hindu Business Line : Monday, November 07, 2005

Huge fund flow in commodity futures dangerous
Given the fragmented and fragile nature of Indian agriculture, allowing FIs, FIIs and MFs as well as commercial banks can potentially distort the market. More

RUBBER

Rubber prices seen rising further
NATURAL rubber prices are likely to move up further in the future, as the gap between production and consumption will widen, according to Dr Hidde P. Smit, Secretary-General of the International Rubber Study Group (IRSG). Delivering a keynote ... More

SUGAR

AP Govt working on modernisation package for co-op sugar factories
THE Andhra Pradesh Government is working on an Rs 358-crore package for modernisation and expansion of ten co-operative sugar factories in the State. The package will be implemented with the financial assistance from the Union ... More

TEA

Tea exports likely to be hit as EU sets new residual limits
THE country's falling tea exports are likely to be hit further as the European Union is scheduled to implement a new set of MRL (minimum residual limit) norms from January 1, 2006. According to Mr T.C. Chaudhuri, Director (Research), Tea Board, ... More

Fair demand at Kochi tea sale
A FAIR general demand persisted for almost all varieties of tea at the Kochi tea auction. Of the 12,08,000 kg on offer in the dust category, market for CTC's were barely steady to easier by Rs 2-3. Orthodox grade highgrowns remained steady, ... More

Industry to help Tea Board to map consumption pattern
MAJOR tea industry organisations are trying to help the Tea Board to appoint an agency for mapping tea consumption pattern across the country. According to Mr P.T. Siganporia, Chairman of the Indian Tea Association (ITA), the Union Commerce ... More

TECHNICAL ANALYSIS

Cotton may turn bearish
NEW York cotton futures ended marginally lower on Friday as the nearby December month came under pressure due to switch activity. Fundamentally, the market is monitoring the pace of the cotton harvest in the US and how demand is shaping up in the ... More

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