The Hindu Business Line : Saturday, June 03, 2006

COMMODITY EXCHANGES
Castorseed futures close higher
RBD palmolein and imported crude soya oil moved in the opposite direction, while groundnut oil moved up on the local edible oil market on Friday. Castorseed August contracts ended higher on continued buying support from operators on reports of ... More

RICE
Resentment in Pak over `Super basmati' order
Indian exporters fear their variety image may be bruised More

RUBBER
Mixed trend in rubber
Physical rubber prices showed a mixed trend on Friday. The market declined almost 17 per cent from an all time high of Rs 120 a kg to hit an intraday low of Rs 100 in a couple of sessions on panic selling from dealers and growers. Sheet rubber ... More

SUGAR
`Sugar prices to remain high'
Simbhaoli Sugar has come out with its results, posting a 10 per cent increase in its net sales for FY06. The company is also having some capex plans, which will get completed by March 2007. On sugar prices, the Director Finance of Simbhaoli ... More

TEA
Dust tea prices fall at Kochi sales
Despite good general demand, the price of most dust tea varieties fell or remained steady at the Kochi tea auction, which had 11,23,000 kg of dust tea on offer. Medium and below medium CTC varieties were quoted at last week's levels. ... More

GOLD & SILVER
Gold, silver decline further
Standard gold prices were down Rs 95 at Rs 9,430 per 10 gm from Rs 9,525 per kg. Pure gold (99.99 fineness) was down Rs 80 to close at Rs 9,480 per 10 gm from Rs 9,560. Silver (.999 fineness) price was down Rs 225 to close at Rs 18,535 from ... More

SPICES & CONDIMENTS
Pepper futures move up
Pepper futures market moved up after a decline on Thursday following lack of selling pressure in the spot market. Besides, some business, which had taken place with the US and European Union at $1,600-1,625 a tonne (c&f), has also contributed . More

AGRICULTURAL POLICY
`Concessional wheat import for private users only after Govt needs are met'
Pawar: Response for wheat tender much lower, additional tender to be floated More

No announcement on minimum support price yet
RAINS ARE HERE More

INTERVIEW
Copper to remain volatile: Sterlite Ind
Co looking to produce 1 m tonnes of copper, aluminium, zinc More