Business Daily from THE HINDU group of publications
Sunday, July 20, 2008
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Agri Prices (July 19)
Sugar S301600 (1600)
Groundnut ready710 (715)
Coconut oil ready6440 (6415)
Pepper garbled ready14800 (14600)


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AGRI-BIZ & COMMODITIES

OUTLOOK: WGC bullish on gold outlook, despite fall in global demand
‘Credit crisis provides strong case for investment in yellow metal’. Chennai, July 19 Global demand for gold fell 16 per cent year-on-year in the first quarter of this year, as bullion rallied past $1,000 an ounce. Demand in India ...

TECHNICAL ANALYSIS: Palm oil may test support level
Malaysian palm oil futures ended lower on Friday mostly on lower crude oil prices. A likely increase in supplies from Argentina weighed on prices. Expectations of Malaysia’s palm oil output reaching a record in 2008 also weighed on prices. ...

AQUACULTURE: 7 fishermen to get training in Vietnam
The tsunami relief committee of Rotary District 3230 is sending seven fishermen from the coastal district of Tamil Nadu to Vietnam for a three-week programme on different facets of fishing. Addressing the media, the committee’s Chairman, Mr ...

RUBBER: Spot rubber gains on covering buys
Kottayam, July 19 The rubber prices finished higher at the weekend session. Covering groups remained aggressive procuring sheet rubber at the quoted levels as the domestic buyers were under pressure during the past few sessions due to supply ...

WHEAT: Plea to hike wheat allotment for PDS
Kolkata, July 19The All India Fair Price Shop Dealers’ Federation (AIFPSDF) has requested Mr Sharad Pawar, Union Minister for Agriculture, Consumer Affairs, Food and Public Distribution, to raise allotments of wheat for Public ...

FOLLOW THE MONEY
COMMODITIES: ‘Commodities could weaken as world growth slows’
Moody’s Investors Service has recently said inflation has raised the risk of an adverse global economic scenario. ...





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