Faced with extremely depressed
demand amidst a sea of gold, the London-based World Gold Council
is currently in the midst of giving the yellow metal the pristine
glory it enjoyed in the yesteryears.
Indian soyameal exporters have
kicked off a new export campaign by striking deals for shipments
to South Korea, as the country is expected to reap a record
soya crop.
Cotton production for the
2000-’01 season is likely to fall short of the Cotton Advisory
Board projection of 146 lakh bales. If one goes by the arrivals
till the end of the first week of August, crop could be around
140 lakh bales as estimated by East India Cotton Association.