The Hindu Business Line : Monday, November 19, 2007

RICE
AP Govt urged to pay incentive for paddy
Visakhapatnam, Nov. 18 The Andhra Pradesh Government, which has worked to secure a price of Rs 1,000 per quintal of paddy on a par with wheat, has failed in its attempt and the Union Government has only agreed to pay an additional bonus of Rs ... More

CULTIVATION
Sattur Chamber welcomes subsidy for jatropha cultivation
Madurai, Nov. 18 Sattur Chamber of Commerce and Industry has welcomed the support extended to jatropha cultivation and extraction of bio-diesel from it in the new industrial policy announced by the Tamil Nadu Government recently.India ... More

TEA
Coonoor tea prices rise on low offer
Prices rose on an average Rs 3 a kg at Sale No: 46 of the auctions of the Coonoor Tea Trade Association (CTTA) here as the demand was adequate to absorb the low volume on offer. The bottom line rose to Rs 32 a kg from Rs 30.The volume ... More

Improved demand at Kolkata tea sale
Last week, CTC and dust teas at all the North Indian tea auction centres at Kolkata, Siliguri and Guwahati saw improved demand at fully firm to dearer rates for all categories, according to J. Thomas and Company Ltd, the tea auctioneers. ... More

TECHNICAL ANALYSIS
Gold could test support, increase
Comex gold futures ended sharply lower on Friday, after the dollar rebounded reducing the appeal of precious metals as an alternative investment. Gold has rallied 23 per cent this year as the US currency fell to a record low against the ... More

Cotton may consolidate, rise
New York cotton futures ended lower Friday on speculative selling and lack of trade buying. Rollover and switching into March has been dominating the previous week. Markets are expecting availability of cotton to be lower on the back of ... More

WATER
Lake placid
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CASHEW
Cashew apple a potential source for bio-fuel
Cashew is grown in 8.37 lakh hectares producing 5.73 lt of raw nut More

SPICES & CONDIMENTS
Jeera futures demand rising
Chennai, Nov. 18 Jeera (cumin) futures are likely to witness buying at every dip with demand seen picking up for the festive season and on export enquiry. “We expect Rs 10,700 (a quintal) as a good support for November contract. ... More

High volatility in pepper futures market
Pepper futures during the week witnessed high volatility as the bulls and bears were pushing the prices up and down. The prices showed an increase from Rs 163 to Rs 253 a quintal at the weekend close on the exchanges.The total turn over ... More

COMMODITY MARKETS
Strategic buying of gold likely at every dip
Sentiment towards metals complex continues to be uncertain More

Guarseed may gain on increasing demand
Mumbai, Nov 18 Despite higher production estimates, guarseed futures are expected move up in medium to short term on the back of 30 per cent increase in demand.According to trade sources, production is likely to rise by a lakh tonne to ... More

EVENTS
In nobel company
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P-Note blues

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Other Top Stories
SatNav develops GPS software for small mobiles

Powerloom sector lists out export woes

Yields up on tight liquidity; may remain ranged till year-end

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Cashew apple a potential source for bio-fuel

US, Iraq and oil: Now and later

Sensex well poised but…

Looking back
Nov. 11-Nov. 17
New vistas: ITC bullish on store-in-stores

Major suppliers shy away from exporting tea to Iraq

Turmeric may witness selling pressure

‘No plans to cut edible oil duty’

Gold prices likely to drop below Rs 10,000

Imports of edible oil up; non-edible oil down

Additional Rs 50/quintal bonus for paddy