Business Daily from THE HINDU group of publications
Sunday, September 09, 2007
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Agri Prices (Sept. 10)
Sugar S301321 (1321)
Ground ready710 (710)
Coconut oil ready4645 (4645)


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AGRI-BIZ & COMMODITIES

AQUACULTURE
US cuts dumping duty on Indian shrimp imports
Kochi, Sept. 8 With the US Department of Commerce slashing the anti-dumping duty on shrimp imports from India from 10.54 to 7.22 per cent, crores of rupees will flow back to the 47 exporters who were party to the case. Duties for their future ... More

INSIGHT
COMMODITY CONCEPTS
Inadequate inputs
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TECHNICAL ANALYSIS
Palm oil still looks bearish
CPO active month contract moved in line with our expectations in the 2500 Malaysian ringgit (MYR) tonne zone. Strong resistance will be seen at 2550-60 MYR/tonne levels, where it is expected to find strong resistance. Supports are at 2450 ... More

GOLD & SILVER
ZEST A MOMENT
Fool’s gold
When the curtain rises, we see this clown sitting sadly at one end of a see-saw, while its other end, empty, is on top of the world. Even as we watch a tonne of gold descends from the skies on the empty end, pulls it down to the depths – ... More

OILSEEDS & EDIBLE OIL
Russia lifts ban on Indian sesame seeds, groundnuts
Mumbai, Sept. 8 Indian traders can once again start exporting sesame seeds and groundnuts to Russia. The ban implemented by Russia on imports of Indian sesame seeds and groundnuts has been temporarily lifted with effect from September ... More

STOCK EXCHANGES
Spot rubber rules weak
Kottayam, Sept. 8 Rubber prices ended weak on Saturday. Traders lacked the confidence to buy in the absence of international guidance and promising domestic fundamentals. In the spot market, sheet rubber moved down to Rs 87.50 a kg from ... More






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