Agriculture
Decline in area, output under sorghum
THE area under sorghum in the country has declined from 18.4 million hectares in 1961 to 10.52 million hectares in 1999-2000.
Commodities
SEA suggests tech upgrade norms for vegoil sector
THE national seminar on technology upgradation of in vegetable oil industry organised by the Solvent Extractors' Association of India here last week has come out with a set of recommendations.
Plantations
Arabica prices up at ICTA auction
THE international coffee market moved up last week, because of the ``weather premium'' with winter just ahead, according to analysts. While nobody wants to guess how long the rally will last, some volatile sessions are being predicted.
Tea
CTCs, orthodox decline 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.
Technical Analysis
Palm oil futures trend may be reversed
MALAYSIA'S palm oil futures was steady last week and have bounced off from recent lows, in anticipation of good news during a visit by the Indian Prime Minister, Mr Atal Bihari Vajpayee, later this month to Malaysia.
NY cotton futures likely to rise
THE New York cotton futures ended mixed on Friday but slightly higher for the week. Trading was very quiet, with traders apparently waiting for actual precipitation reports for rain forecast in the Delta and South-East next week. Variable rains in West T
exas at week's end put many fields in near-perfect condition as the time frame for optimal planting begins in that key swing producing region. A recovery in the US stock markets and other agricultural commodities gave the right momentum to a cotton marke
t waiting for some bullish news. As expected there was a upward correction last week, due to the speculation/Hedge report which showed the funds were net short 30.3 per cent.
