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Monday, June 19, 2000

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Textile exporters fear Rs 150cr hit due to delay in EFQ release
With the government delaying the procurement of the release of 3,500 tonnes of the pending exceptional flexibility quota (EFQ) from the European Union (EU), apparel and textile exporters have voiced a strong concern over an estimated loss of Rs 150 crore.

Malaysia exploring possibility of hedging palm oil deals on BOOE
A 15-member team from the Malaysia's Commodity Exchange is currently in the country to explore possibilities of hedging their members' palm oil export contracts on the Bombay Oilseeds and Oilseeds Exchange (BOOE), Vashi, Navi Mumbai.

Maharashtra flour millers boycott FCI wheat despite lower prices
Maharashtra roller mill owners have abstained from buying wheat offered by the FCI. This was despite the FCI lowering the price for its C&D category of wheat to around Rs 750 per quintal from Rs 900 per quintal last week.


  Tn asks NFCSF to draw up blueprint for mills revival
  TN to host mega agriculture show from August 29
  Nestle may form JV in south for two new milk units
  Monsoon to enter Gujarat, Rajasthan this week
  Fall in cargo hits freight rates
  Inflation for urban non-manual employees touches 5.8%
  Stiff rivals abroad to hit cotton fabric exports
  Global cotton production to rise to 20 million tonnes
  Over 33 textile mills shut down due to government apathy
  Orissa Government likely to unveil sops for textile sector
  Cotton crop for 1999-00 put at 154.6 lakh bales
  Modified cotton scheme may run into rough weather
  BJP flays AP Government for insufficient seed stock
  Crude oil prices cross Opec-imposed limit to touch $30 a barrel
  Government may impose anti-dumping duty on PTA imports from South Korea
  Traders flay Government move to bring solvents under Essential Commodities Act
  Oil prices drop on hopes of Opec hiking output
  Executive briefing
  Fertiliser output stands at 9.3 lakh tonnes in April
  Better networking key to kicking up fertiliser demand
  Duty on corn imports play foul with chicken feed
  Indian steel firms kick off online trade with 14 nations
  Domestic dairy units feel the heat of imports from Europe
  Tatas to venture into ferro chrome production
  Egg prices set to go up with onset of monsoon
  Hong Kong metal company hopes to double online trading in 2 years
  AP's sona glut in TN pulls down prices of local varieties
  Law on recycled battery to be effective from July 25
  Anti-dumping probe -- India retracts plea for Japan help
  Global steel firms upbeat on better price realisation this year
  High stocks, low offtake nullify edible oil import duty hike
  Bumper coriander crop in Rajasthan this year too
  Synthetic rubber prices to go up on the back of rise in oil demand
  Falling coffee prices to hit Kerala farmers
  TNAU kicks off R&D to develop healthy sugarcane
  Oilmeal exporters eyeing south-east Asia again
  Call to develop professionals to deal with intellectual property regime
  Centre likely to restore Sugar export promotion Act
  Research findings show GM seeds don't deliver
  Heavy midwest rain showers dampen CBOT corn futures

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