Business Daily from THE HINDU group of publications
Monday, November 17, 2008
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Monday, November 17, 2008 ePaper | Mobile/PDA Version | Audio | Blogs |
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AGRI-BIZ & COMMODITIES COMMODITY MARKETS: Metals may probe further lows New projects put on hold or even cancelled; producers cut output. Commodity markets continue to plunge to lower and lower levels. Central to the market performance is demand-side concerns that have continued to receive focussed attention. ... TECHNICAL ANALYSIS: Positive divergences in gold Gold futures, rebounded on Friday as retail sales in the US dropped in October by the most ever, pushing the economy toward the worst slump in decades and potentially boosting bullion’s appeal as a haven. The weekend G20 meeting has not ... EXPORTS & IMPORTS: Hatsun, Schreiber Dynamix plan milk holidays on low exports Falling SMP prices force the cos to scale down procurement. New Delhi, Nov. 16 With export orders drying up and global prices crashing, leading private dairies are planning to sharply cut back their milk procurement operations. The move may ... TECHNICAL ANALYSIS: Cotton futures may rise Cotton futures ended mixed on Friday mostly due to switch trades as confidences remains shaky as cotton prices tanked lower sparked by speculative and investment fund liquidation. The sharp fall in cotton prices would inevitably shrink the US ... CLIMATE & WEATHER: Bay cyclone revs up northeast monsoon Thiruvananthapuram, Nov. 16 The Bay of Bengal saw a tropical cyclone, named Khai-Muk, spring up on Friday midnight but weaken into a deep depression prior to crossing the south Andhra Pradesh coast on ... SPICES & CONDIMENTS: Domestic demand continues to push up pepper prices The credit squeeze consequent to the financial turmoil world over continued to keep the overseas buyers away from the pepper ... TEA: Quality teas get high bids at Coonoor sale Coonoor, Nov. 16 Market was generally steady at Sale No: 46 of the Coonoor Tea Trade Association (CTTA) auctions on Friday despite the offer of year’s highest volume of 16.51 lakh kg as demand picked up for quality ... Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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