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Monday, January 8, 2001

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BOOE greets new year by boycotting trading activity
What better way to celebrate the New Year's first week than by staying away from trading? Boycott, or otherwise the 400-plus members of the Bombay Oilseeds and Oils Exchange stayed away from trading on the floor of the exchange, during the whole of the first week of 2001.

Consumption of RBD palmolein rises further
Malaysian RBD palmolein oil has shown a remarkable rise in consumption. This is in keeping with the general trend of rising demand for palmoil, especially in the last few years, as they are the cheapest amid all edible oils available internationally.

Implement recommendations of committees, says Sicci
Tax reforms since 1991 have made trade easier and increased revenue collection, which has gone up from Rs 28,110 crore to Rs 61,000 crore in 1999. However, several excise and customs-related issues are to be sorted out.


  Kerala coconut farmers see bleak future
  Plea to reduce import duty for plastic raw materials by 15%
  Despite rise in prices, cotton buying in Andhra Pradesh comes to grinding halt
  Spinning industry suffers from excise duty evasion
  Briefing

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