Business Daily from THE HINDU group of publications
Monday, March 24, 2008
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Agri Prices (March 19)
Sugar S301502 (1502)
Groundnut ready715 (720)
Coconut oil ready5800 (5800)


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AGRI-BIZ & COMMODITIES

CLIMATE & WEATHER
Well marked ‘low’ weakens, productive still
Saturday’s well-marked ‘low’ in the southeast Arabian Sea weakened into a conventional ‘low’ on Sunday, but not before dumping some very heavy to heavy rainfall over north Kerala and adjoining south and interior ... More

RUBBER
‘30,000 acres in E. Godavari for rubber cultivation’
Will greatly benefit Girijans in the area: Jairam Ramesh More

TEA
Homedale teas set up new record at Coonoor auctions
Homedale Tea Factory set up a new record at the auctions of the Coonoor Tea Trade Association (CTTA) here when its RD grade teas auctioned by Global Tea Brokers fetched Rs 102 a kg. Joshua Enterprises bought these teas. This was the highest ... More

TECHNICAL ANALYSIS
Gold to test resistance, correct lower
Comex gold futures fell over $25 as it continued to correct lower from recent record highs, with a stronger dollar and weaker oil prices pushing prices down ahead of a long weekend. Demand from jewellers has been hit hard by the recent ... More

COTTON
COMMODITY COMMENTARY
Individual speculators push cotton prices up
Mumbai, March 23 World cotton prices have continued to exhibit a rising trend in recent months. The market is currently ruling significantly higher than price forecasts made by several analysts and trade experts. That the price ... More

CASHEW
3,000 tonnes raw cashew damaged due to rains
‘If wet spell continues, nearly 10,000 t will be affected in Karnataka, Kerala’ More

POULTRY
Farm-loan waiver: Pawar’s assurance to poultry farmers
Pune, March 23 The poultry industry has a reason to cheer as the Union Minister of Agriculture, Mr Sharad Pawar, has assured a delegation of poultry farmers that he would look into their problems and explore the possibility of extending the ... More

SPICES & CONDIMENTS
Good scope for MG 1 pepper exports
Kochi, March 23 The Indian pepper prices continued to remain below that of other origins during the week, placing the Indian commodity at an advantageous position among its counterparts.Non-availability of spot pepper has forced the ... More

Summer rains to boost cardamom output
Inflicting heavy losses to paddy, vegetables and other crops More

OUTLOOK
Crash in commodities market may be temporary
Analysts feel prices could see a fall now, consolidate, and then rebound More

Gold likely to trade in ranges after crash
Volatility may be high; dips present buying opportunity More






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People's car

P-Note blues

Union Budget 2008-09

Railway Budget 2008-2009

Economic Survey 2007-2008

Other Top Stories
BIA-RGIA may tilt at cash counter

Infotech Enterprises set for next phase of growth

Insurers begin to look beyond bancassurance channels

3,000 tonnes raw cashew damaged due to rains

Yields continue to tread north on inflation, global financial woes

This Monday could be different!

SBI hopes to post 25% growth in biz in Sikkim

Corporates optimistic on retail boom; line up huge investments

Well marked ‘low’ weakens, productive still

Looking back
Mar. 16-Mar. 22
Scheme soon to get farmers out of moneylenders’ grip

Wet weather may last through this week

‘Gold price trend hinges on Fed rate cut’

Export ban unlikely to deliver results

‘Low’ forms, to drift along southwest coast

Rains in torrent wallop Kerala, TN


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