Financial Daily from THE HINDU group of publications
Monday, April 24, 2006
Agri Prices (Apr 22)
Sugar S-301967 (1980)
Ground ready476 (473)
Coconut oil ready4775 (4775)
Pepper garbled ready7150 (7150)


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AGRI-BIZ & COMMODITIES

COMMODITY EXCHANGES


Gold volatility: Caution required
Any move from fundamentals likely to witness correction More

CONTRACT FARMING


Agro Tech mulls corn contract farming
Agro Tech Foods Ltd, the Rs 1,260-crore edible oil and branded foods sector, is planning to go for contract farming to produce sweet corn. According to Mr Atul Sinha, Vice-President (Marketing and Sales), the company would like to experiment in ... More

HORTICULTURE/FRUITS & VEGETABLES


Protocol pacts with China to export mango, grapes
Efforts on to get market access for basmati rice More

RUBBER


Rubber prices track global trends
Output forecast may lend stability, strength in near term More

1,300 t rubber delivered on NMCE
Physical delivery of rubber was 1,300 tonnes at the National Multi-Commodity Exchange of India for the April 2006 series, as against a traded volume of 71,874 tonnes. Physical delivery in pepper was 251 tonnes as against a traded volume of 9,780 ... More

TEA


Prices fall at Kochi tea sale
The Kochi tea auction, which started on a firm note lost ground, as the auction progressed and quality teas registered declines. Internal buyers were active at the prevailing levels and exporters operated on the bolder and finer varieties within ... More

TECHNICAL ANALYSIS


Gold could correct lower
Gold futures saw an eventful week, initially reaching a 25-year peak, then plunging lower on profit-taking and subsequently recovering to almost where it fell from. Record-high oil prices and news that core US inflation rose at its fastest rate ... More

Palm oil likely to increase
Malaysian crude palm oil futures ended lower Friday in thin volumes as market participants awaited export estimates next week. The estimates of April 1-25 exports are due to be issued next Tuesday by cargo surveyors Societe Generale de ... More

GOLD & SILVER


Gold rally may continue in domestic market
According to Mr Suresh Nair, Vice-President, Kotak Commodity Services Ltd, gold prices could breach the Rs 10,000-mark for 10 gm. During the weekend, standard gold closed at Rs 9,490 for 10 gm recovering by Rs 270 from Friday's ... More

SPICES & CONDIMENTS


Pepper futures could gain
Stable spot prices in the absence of selling pressure coupled with some visible buying interest in the pepper market, might result in some upward swing the futures prices in the coming days. The market witnessed some corrections on Saturday ... More

AGRICULTURAL POLICY


FCO amendment notified in Gazette
Taking a cue from a legislation made by the Andhra Pradesh Government on bio and organic fertilisers last year, the Union Government has brought in an amendment to the Fertiliser Control Order (FCO). The Union Government has ... More
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In Depth

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Looking back
Apr. 16-Apr. 22
Govt mulls allocating surplus foodgrains to poultry industry

Cashew exports slip 7% in 2005-06

Castorseed futures could continue to be bearish

Farmers hold back wheat as buyers queue up

Sops removed for EOUs, SEZs under job scheme

Sharp rise in precious metals

Growers may increase DCH-32 acreage

Rubber output may top 8.30 lakh t this fiscal

IOB sells 36 kg gold on launch day

Wheat Dec futures price tops Rs 1,000 a quintal

Pak team indicates doubling of Indian tea imports

`Caution needed for small investors to enter market'

NCDEX slaps special margin on wheat contracts



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