Business Daily from THE HINDU group of publications
Monday, July 10, 2006
Agri Prices (July 08)
S-301847/1887
Ground ready500 (500)
Coconut oil ready4535 (4575)
Pepper garbled ready7600 (7600)


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AGRI-BIZ & COMMODITIES

INSIGHT
Fundamentals loaded in favour of higher crude prices
Demand-supply balances tighten; uncertainties galore on geo-political concerns More

HORTICULTURE/FRUITS & VEGETABLES
Mahyco offers Bt brinjal knowhow to varsities
First case of pvt-to-public sector transfer of seed technology More

TEA
Division of lots must go, says tea trade
The tea trade has demanded that the current division of lots be done away with, as it is not conducive to competitive bidding and therefore not rendering correct price discovery, under a given supply and demand situation. Under the existing ... More

Kochi tea prices up on good demand
Good general demand firmed up tea prices at the Kochi tea auction, that had 8.7 lakh kg of dust tea on offer. The prices opened at last week's levels for CTC dust tea, while medium and below medium varieties appreciated by a rupee as the sale ... More

Global tea production, exports down
Global tea production and exports in the current year are trailing behind last year causing concern to the players in most producing countries. According to the information from various producing countries as also the Tea Board, the global ... More

Prices decline at Coonoor sale
20 pc of the offer withdrawn for want of expected bids More

TECHNICAL ANALYSIS
Palm oil to test resistance, dip
Malaysian crude palm oil futures ended sharply higher on Friday helped by strong gains in rival soya oil. Robust demand from China and Europe are seen as key drivers for palm after several months of decline in exports. Drought weather conditions ... More

COMEX gold may correct lower
Gold futures ended marginally lower on Friday coming off its highs on profit-taking in thin-volumes and choppy conditions. Gold fell sharply in early trading in a bout of profit taking, shortly after it hit a one-month high when the dollar ... More

SPICES & CONDIMENTS
Pepper set to turn hot on tight supply
The prevailing tight supply position in the world pepper market and anticipation of possible demand for July/August from overseas has placed Indian pepper at an advantageous position, provided the prices remain competitive. Bullish sentiment is ... More

CREDIT CARDS & DEBIT CARDS
SBI's ATM cards for KCC holders
State Bank of India (SBI) launched the distribution of free ATM cards to eligible Kisan Credit Card (KCC) holders in Tamil Nadu and Pondichery, at a function organised at Melur, near here, on Saturday. "The initiative is not only to enable ... More

OUTLOOK
Optimism over rise in gold, palladium prices
Latest US economic data likely to boost metals market More






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Top Stories
Shippers pitch for better liner regulation

Mobile entertainment set to hit $5-b mark

Bonds continue to slide

Division of lots must go, says tea trade

Fundamentals loaded in favour of higher crude prices

Sical Logistics combine gets LI for iron ore terminal project

Investment panel moots automatic route

Sensex may test support levels

Check cost of funds too

Looking back
Jul. 2-Jul. 8
Copper may spurt on China factor

MetalJunction-NCDEX may launch coal futures

World wheat prices unlikely to ease

AP tobacco auctions fetch better prices this year

`Iron ore advantage will help Indian steel firms'

Farm Ministry says no shortage of cereals

Doubts over market access in farm sector stall WTO talks

Concor move to transport vegetable oil to Nepal stalled

Big opportunity coming India's way in cotton

Rlys reworking norms for commercial jatropha

`Invest in commodities instead of their stocks'

Declining trend in tea output likely to continue

Govt confirms resumption of wheat imports from Australia

Address issues, don't play the blame game

Govt reluctant to clear AICIL expansion move


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