Business Daily from THE HINDU group of publications
Monday, September 10, 2007
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Agri Prices (Sept. 8)
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AGRI-BIZ & COMMODITIES

CLIMATE & WEATHER
Monsoon harks back to early June settings
Thiruvananthapuram, Sept. 9 The southwest monsoon seems to have catapulted itself back to the early-June onset settings with both extreme southwest peninsula and the northeast coming under active spells of rainfall from spatially different ... More

TEA
Coonoor tea prices decline
Coonoor, Sept. 9 Prices for brighter liquoring teas managed to rise in a market which generally declined by Rs 2-3 a kg with the demand being confined to quality offers at Sale No: 36 of the Coonoor Tea Trade Association held here on Friday. ... More

Leaf tea spurts at Kochi sale
Kochi Sept. 9 CTC dust met good demand but at lower prices at the Kochi tea auction. Demand for loose tea was evident from AVT, Tata Tea and exporters to CIS countries. Export demand was also evident for medium and below medium grainy as well ... More

Good demand at Kolkata tea sale
Kolkata, Sept. 9 Last week, the CTC teas in the North Indian auction centres met with good demand, according to J. Thomas & Company Private Ltd, the tea auctioneers. Good Assams and larger CTC brokens sold at firm to dearer levels while ... More

TECHNICAL ANALYSIS
Gold may correct lower
Gold futures ended sharply higher on Friday as the dollar weakened, which boosted the appeal of precious metals as an alternative investment for it. Investment demand for exchange traded funds for bullion also reached a record. Possibility of ... More

Bearishness intact in cotton
NY Cotton futures ended fell lower on speculative selling on Friday amid low volumes despite a good rally in the grains complex. Weather in the growing area of Texas has been keeping market participants on their toes. Markets are now looking ... More

GOLD & SILVER
Gold could make further headway
Jewellery demand, weak dollar seen as supporting factors More

COTTON
‘Develop new ELS cotton genotypes’
SIMA’s research body undertakes performance trials of h X b hybrids More

Steady trend in lint prices
Coimbatore, Sept. 9 Cotton lint prices during the current fortnight remained steady, despite an all round projection of a higher new crop. The Bengal Deshi variety was quoted at Rs 1,600-Rs 1,700 per maund (of 37.3242 kg) in the spot market in ... More

COIR
Pattukottai declared a ‘coir cluster’
Madurai, Sept. 9 Pattukottai in Thanjavur district has been declared a ‘coir cluster’ under a Central scheme called Scheme Fund for Regeneration of Traditional Industries (SFURT). A proposal to the tune of Rs 1.17 crore has ... More

OILSEEDS & EDIBLE OIL
Soyabean meal exports likely to rise 10-15%
On rising freight cost, lower soyabean output seen in US, China More

SPICES & CONDIMENTS
Buying pepper futures at dips may help
Prices in other regions remain steady to firm More

Good demand, short supply push up cardamom prices
Cardamom prices continued its upward swing at the auctions held in Kerala and Tamil Nadu during the week on short supply and good demand. Reduced arrivals due to the late harvesting by almost half from that of the corresponding period last ... More

AGRICULTURAL POLICY
Scheme to strengthen farm produce market
Thiruvananthapuram, Sept. 9 The Kerala Government is launching a scheme aimed at strengthening and modernising markets for agricultural products in the current year.Financial assistance under the scheme is available to individuals, ... More

EXPORTS & IMPORTS
Milk prices drop Rs 4/litre in 2 months
On talk skimmed milk powder export ban may continue More






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