Agriculture
Cotton trade annual meet on July 28 -- Traders plan interface with textile mills
THE All-India Cotton Trade Associations' 29th annual conference, to be held in this textile city on July 28, has for the first time sought to stage an interface between cotton traders and members of the cotton textile mill managements as an adjunct to th
e conference.
Rain gods smile on kharif crops -- Area under rice, cotton, pulses, oilseeds soars
AN agriculture-led economic recovery seems well round the corner, with acreages under most kharif crops registering massive increases over last year's drought-restrained levels.
Aquaculture
Cusat to evolve TQM system for seafood trade
A PROJECT on the development of a total quality management (TQM) system for sustainable growth of seafood trade from India has been sanctioned by the Indian Council of Agricultural Research to the Cochin University of Science and Technology (Cusat).
Tea
70 pc sales growth at Coimbatore tea auctions
COIMBATORE is emerging as a `tea hub' due to its geographical location and its proximity to tea plantations, according to the President of the Tea Trade Association of Coimbatore, Mr Hemant J. Shah.
CTCs firm at Kochi sale
A GOOD general demand resulted the spurting of prices of almost all varieties of tea at the Kochi tea auction.
Technical Analysis
Down correction likely in Malaysia palm oil
Malaysia's palm oil futures opened the previous week with a bang on renewed speculative buying despite weak export figures. Gains in CBOT electronic trading inspired more buying. CBOT is looking very strong and that has added to the bullish momentum. Ind
onesias plan to raise palm oil export tax is also positive for the markets. There was also speculative buying on rumors that private forecaster Ivan Wong, would come up with market friendly July crop data.
Upward correction due in NY cotton
New York Cotton Exchange cotton futures continued its range-bound move throughout the week, moving in a narrow range. Cotton is expected to move in this range for quite a while before any significant move could take place. While there is a growing sense
that the lows were in for cotton, upside potential was limited with the bulk of the US crop doing so well and no serious weather threat for cotton worldwide.
Technology
In Vitro to open new biotech facility at AP
EVEN the Karnataka Government and consultants project Bangalore as the best place for starting bio-technology ventures, a biotech major from the Garden city is close to finalising its expansion project in neighbouring Andhra Pradesh (AP).
