AGRI-BIZ & COMMODITIES
RUBBER
Spot rubber gains on covering purchases
The last day of the financial year witnessed a firm closing in physical rubber prices. The covering groups and purchase agents kept the prices slightly higher hoping a better opening on Monday. RSS 4 moved up to Rs 94 from Rs 93.50 a kg at ...
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TECHNICAL ANALYSIS
Cotton may test support, rise
New York cotton futures ended marginally lower after an initial boost provided by a bullish plantings report faded later. The active May contract is consolidating moved in a volatile range. A drop below 53.10 cents will be a bearish sign leading ...
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Palm oil could correct lower
Malaysian crude palm oil futures ended sharply higher on Friday to fresh eight-year highs on the back of rallying crude oil and soya oil future prices. Crude oil market often lends support to vegetable oils, including palm and soyabean, ...
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SPICES & CONDIMENTS
Pepper market moves hinge on Vietnam situation
The current trend in the international market shows changes for an upward swing given the short supply position. Not much buying is taking place in the international market. Any change in the scenario is expected to happen only when there is a ...
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