Commodities
Veg oil demand seen rising 5 pc annually
INDIA will, in the foreseeable future, continue to impact global vegetable oil market because of its burgeoning import requirement and perceived inability to raise indigenous production in the short-run.
Commodity bourses witness low trading volumes
DESPITE futures/forward trading being conducted in as many as 20 commodities, most commodity exchanges in the country continue to record very low trading volumes in relation to the production of the concerned commodities.
`Place vanaspati imports under negative list'
VANASPATI makers have demanded that import of vanaspati and edible oils from Nepal must be placed in the `negative list' similar to products such as alcoholic beverages.
Food & Dairy Products
Poultry sector seeks duty-free maize import
THE Poultry Federation of India has urged the Government to allow maize (corn) imports under actual user condition without the mandatory 15 per cent customs duty. The commodity is under a tariff rate quota and 4 lakh tonnes have been notified for import
for the current year.
`Milma should streamline marketing'
THIRUVANANTHAPURAM: The Kerala Co-operative Milk Marketing Federation (Milma) should focus on maintaining its production and procurement records if only to ensure sustained marketing opportunities and reasonable returns to dairy farmers in Kerala, accord
ing to Dr Verghese Kurien of Amul.
Horticulture
Paulownia micro-propagated successfully
THE Hosur-based Growmore Bio-Tech Private Limited -- producers of quality tissue culture plants -- has successfully micropropagated the Chinese Empress Tree - Paulownia.
Technology
ISRO, Plan panel tie up for agri-infotech project -- Karnataka identifies 3 districts
BRINGING infotech and agriculture together, the Indian Space Research Organisation (ISRO) and the Planning Commission, have held the first workshop on their unique joint project -- setting up an Agro-climatic Planning and Information Bank (APIB).
Textiles
Open-end spinners to stop buying cotton wastes
OPEN-end spinners in Tamil Nadu, who produce coarse yarn using cotton wastes, have decided to suspend procurement of the wastes to arrest spiralling prices of their raw material.
