The Hindu Business Line : Monday, September 15, 2008

AGRI-BIZ & COMMODITIES

SUGAR: Ethanol-blended petrol plan likely to be deferred
Petroleum Ministry yet to issue formal notification. New Delhi, Sept 14 With prices of molasses and rectified spirit going through the roof, the proposed 10 per cent ethanol-blended petrol programme, supposed to be effective from next month, has ...

OUTLOOK: Gold prices may remain at the mercy of $ movements, oil prices
Mumbai, Sept 14Pessimism over global economic growth prospects, expectation of fall incommodity demand (mainly energy and metals) and further strengthening of the US dollar continue to affect the commodity markets. The sentiment is ...

PLANTATIONS: Higher input costs dog plantation sector
Chennai, Sept. 14 This week, prices for CTC (crush, tear, curl) tea dusts touched Rs 100 a kg. It is only a continuation of an uptrend that has been witnessed since the beginning of this year for the tea industry. It is after 10 years that ...

TECHNICAL ANALYSIS: Comex gold may rise higher
Gold futures, rose higher on short-covering and bargain interest helped by a falling dollar. The bargain-hunting and short-covering that halted massive fund-selling could mark the beginning of a near-term price base in the metal. The dollar ...

TECHNICAL ANALYSIS: Bullish trend seen in NY cotton
Cotton futures ended higher on Friday as spill over and weather concerns boosted prices, though bearish sentiments minimised gains. Futures rose in early trade amid support from commodities strength and the weaker US dollar before prices jumped ...

COMMODITIES: Pause likely in commodity prices uptrend: Report
Mumbai, Sept. 14 Painting a gloomy economic outlook for 2009, New York-based CPM Group in its latest report has said the recent long-term upward move in commodities prices is not ...

OILSEEDS & EDIBLE OIL: Castor seed futures may trade higher on low arrivals
Prices to slide in December on new arrivals. Mumbai, Sept. 14 Castor seed futures on the NCDEX may trade higher in the short term (two months) due to shrinking arrivals and low carry-forward ...

TEA: Global tea output falls by 9.8 mkg
Coonoor, Sept. 14 Global tea production has fallen by 9.8 million kg in the first half of 2008 compared to the same months of 2007, an analysis of the latest information available from Tea Board and producing nations ...

CLIMATE & WEATHER: Fresh ‘low’ expected to spin up over Bay today
Thiruvananthapuram, Sept. 14 India Meteorological Department is expecting a fresh ‘low’ to break out over the west-central Bay of Bengal on Monday to set off another round of rains over Andhra Pradesh and Orissa and later into ...

TEA: CTC teas see good demand at N. Indian auctions
Kolkata, Sept. 14 Last week, the CTC teas once again met with strong demand with larger brokens and dusts tending dearer at ...

TEA: Demand for quality tea at Coonoor sales
Coonoor, Sept. 14 As many as 20 marks of bought-leaf tea factories fetched more than Rs 100 a kg for their CTC teas at Sale No: ...

INSIGHT: Water harvesting
Year 1999: The villagers of Kothapally in Andhra Pradesh were becoming worried. The monsoon as usual has played truant. With fast depleting water tables and acute water shortage, many of the farmers were losing sleep.“I have decided ...

TEA: Speeding the tea-leaves
At a meeting of small tea growers recently, a section of growers from Assam sought the Tea Board Chairman’s help in acquiring some mechanised boats for ferrying green leaf across the Brahmaputra River. These growers are from Sadiya, on ...

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Markets (Sep 13)

Nifty (at close)	4228.45(-61.85)
US Dollar (Buy/Sell)	45.65/66
Brent crude (a bbl) Rs	4,357
Gold (a gram) Rs	1,069
Silver (a kg) Rs	18,070

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