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Sunday, April 04, 2004

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AGRI-BIZ & COMMODITIES

TECHNICAL ANALYSIS
Palm oil may head higher
MALAYSIAN crude palm oil futures on MDEX ended slightly higher on Friday mainly on soya oil strength. Future prices in the Dalian soyabean contracts hit the three per cent limit on Friday adding more bullish strength to the market. Crop report ... More

COTTON
World cotton prices may fall next year
HIGH cotton prices are expected to stimulate world production in 2004-05 to a new high, but restrain consumption. Currently world cotton prices are at their highest level since 1997. Boosted by tightening world supply and record imports by ... More




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