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Monday, August 27, 2007
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AGRI-BIZ & COMMODITIES

COMMODITY EXCHANGES
Aluminium futures may continue to dip
Output likely to top demand More

CLIMATE & WEATHER
Rains splatter around despite weak monsoon
Thiruvananthapuram, Aug 26 The monsoon trough as a whole may be shifting to the Himalayan foothills to signal weak/break monsoon conditions, but disparate atmospheric features are spearheading non-contiguous spells of moderate to heavy falls ... More

TEA
Good demand for orthodox, CTCs in Kolkata sale
Last week, CTC teas at the North Indian auction centres met with good demand, according to J. Thomas & Company Private Ltd. Prices followed quality for good Assam and Dooars varieties, with plainer sorts holding firm. Western Indian ... More

Darmona tea posts new record at Coonoor auctions
Darmona Estate has created a new record at the auctions of the Coonoor Tea Trade Association (CTTA) when its RD grade sold by J. Thomas and Co P Ltd, was bought by Sree Abirami Enterprises for Rs 114 a kg.This was the highest price ... More

Kanan Devan to pay 10%
Kochi, Aug. 26 The net profit of Kanan Devan Hills Plantations Company grew by 13 per cent to Rs 2.68 crore (Rs 2.37 crore) for the year 2006-07. The AGM approved a dividend of 10 per cent to the shareholders. The profitability of the ... More

Weak trend at Kochi tea auction
As the sale proceeded, prices of most tea varieties eased at the Kochi tea auction which had 12.2 lakh kg of dust tea on offer. Best CTC varieties ended weak, good liquoring varieties were barely steady and poorer CTC witnessed less demand. ... More

TECHNICAL ANALYSIS
Cotton may bounce higher
New York Cotton futures ended marginally lower on Friday on thin volumes and range trade. The summer slowdown took over for much of the session and cotton market participants ignored activity in grain markets that have been competing with cotton ... More

Gold looks bullish still
Gold futures ended higher on Friday helped by a fall in the dollar against the major currencies. Investor sentiment has improved with a growing sense of calm and confidence returning to global financial markets, reflected by gains in the stock ... More

TOBACCO
Tobacco industry told to ensure stable market
‘Take up bulk-shed initiatives through subsidies, loans to Karnataka farmers’ More

SPICES & CONDIMENTS
Pepper market down on bearish activities
Brazil, Indonesia sell aggressively at lower rates More

STANDARDS & BENCHMARKS
Guar gum exports to Europe come to a standstill
Officials in the dark on source of contamination More

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Union Budget 2007-08

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