The Hindu Business Line : Friday, February 22, 2008

Spot rubber improves
Kottayam, Feb. 21 Spot rubber was almost steady despite a smart recovery in Japanese futures on Thursday. RSS 4 improved by 25 paise to Rs 101 a kg at Kottayam on scattered trading while the grade was static at the same level in Kochi. Traders ... More

‘Export target will be realised’
Kottayam, Feb. 21 The target to export 50,000 tonnes of rubber this year will materialise said Mr Sajen Peter, Chairman, Rubber Board. Addressing a meeting of the exporters convened at the Rubber Board, he hoped — as the exporters had ... More

TEA
Record price for Glendale tea
Kochi Feb. 21 An invoice of handmade specialty tea offered from Glenworth Estate Ltd from its Glendale estate in Coonoor fetched a record price of Rs 625 per kg at the Cochin Leaf Auction Sale No 8 on Thursday. The tea was auctioned by M/s J ... More

Dust tea prices steady at Kochi sales
Kochi, Feb. 21 Most dust tea varieties were steady at the Kochi tea auction. High priced CTC were barely steady to easier, medium CTC was steady to dearer while orthodox dust remained steady at last week’s levels. Exporters continued to ... More

OILSEEDS & EDIBLE OIL
‘Scrap import duty on olive oil’
Chennai, Feb. 21 The Indian Olive Association has urged the Centre to abolish the 45 per cent Customs duty on olive oil. “The import duty makes olive oil prohibitively expensive in India,” said a press release from Mr V.N. Dalmi, ... More

TOBACCO
Tobacco auctions begin on 11 more floors in AP
Guntur, Feb. 21 Virginia tobacco auctions began on 11 more floors on Thursday in Andhra Pradesh in the second phase. In the first, auctions had begun on six floors in the State and so far 7 million kg of tobacco has been sold.The ... More

SPICES & CONDIMENTS
Pepper futures rebound on buying support
Kochi, Feb. 21 Pepper futures market on Thursday bounced back on good buying support.As the February was trading below spot prices exporters having commitments were covering. National level Cooperatives also tendered for delivery. Thus ... More

Jeera, pepper hit upper circuit
Mumbai, Feb. 21 Trading interest in agriculture commodities futures improved with the upward revision of open position limits coming into force on Thursday. Jeera and pepper futures in NCDEX hit the upper circuit on good volumes.Jeera ... More

COMMODITY MARKETS
Gold zooms; silver at 27-year high
Mumbai, Feb. 21 Gold prices hit fresh high in international and the local market. In the London spot market gold hit an all time high of $949.60 an ounce tracking which in the local market, standard gold was quoted at Rs 12,200 per 10 gm, ... More

EVENTS
Evincing interest
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Vidarbha cotton farmers on a learning mission
Coimbatore, Feb. 21 For Ms Ujjwala Petkar from Kurzadi village in the arid cotton tract of the Vidarbha region, cultivating cotton for over two decades may not have enriched her family. But it has also not robbed her of enthusiasm on picking ... More

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People's car

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Looking back
Feb. 10-Feb. 16
States allowed to supply flour through ration shops

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Tea exports drop 30%; output dips marginally

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