AGRI-BIZ & COMMODITIES
COMMODITY EXCHANGES
Spot exchange to be launched
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TEA
Tata Tea refutes Munnar land grab charge
‘We do not wish to wilfully occupy land that does not belong to us’
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Low price continues for Coonoor teas
Coonoor, July 15 Prices continued to rule low at the auctions of the Coonoor Tea Trade Association (CTTA) here with the demand being inadequate to absorb the huge volume on offer. About 30 per cent of the 12.49 lakh kg offered went ...
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Good demand at Kolkata tea auction
Last week (i.e. the week ended July 14), CTC offerings at the three North Indian auction centres at Kolkata, Siliguri and Guwahati met with a good general demand at irregular rates following quality, according to J. Thomas & Company Pvt ...
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TECHNICAL ANALYSIS
Indications of bearishness in gold
Gold futures ended marginally lower on Friday but a weakening dollar and firmer oil prices limited losses helped by dollar weakening. Gold is expected to be firm as long as the dollar continues to weaken and oil prices remains strong. Meanwhile, ...
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COTTON
Spinners want ban on raw cotton exports
Coimbatore, July 15 The South India Small Spinners Association (Sisspa) has asked the Centre to ban any further export of raw cotton to help contain spiralling cotton prices.The Sisspa President, Mr R. Kuppusamy, said in a statement ...
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SPICES & CONDIMENTS
Tight supply in pepper holds promise
Kochi, July 15 Pepper futures market during the week declined on bearish activities, while spot prices on Saturday remained at previous weekend closing.Compared to last Saturday, all the contracts on NCDEX dropped from Rs 98 to Rs 273 a ...
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OUTLOOK
Centre raises wheat output estimate to 74.89 mt
Likely to provide further fodder against high cost imports
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Gold prices may remain choppy
Uncertainty prevails over jewellery demand
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