The Hindu Business Line : Monday, January 12, 2009

AGRI-BIZ & COMMODITIES

COMMODITY MARKETS: Yellow metal likely to witness volatile trend
Crude may rise; base metals to slide. Mumbai, Jan. 11The big question facing every commodity trader and investor around the world is whether the surprise rallies that greeted the New Year would sustain. But the flow of economic data strongly ...

TECHNICAL ANALYSIS: Comex gold futures may rise higher
Gold futures, ended higher Friday on expectations that the dollar will slide as the recession deepens, boosting the appeal of the precious metal as an alternative investment. US job losses last year were the most since 1945, Labour Department ...

AQUACULTURE: ‘Oceanic tuna resources under utilised’
There is no systematic or targeted fishery, says MPEDA. Kochi, Jan. 11 Oceanic tuna resources are grossly under utilised and there exists no systematic or targeted fishery for it in the country, the Marine Products Export Development Authority ...

CLIMATE & WEATHER: La Nina rears head, may hit winter rains in North
Thiruvananthapuram, Jan. 11 Leading climate models have seemingly reached a consensus that late-in-the-season La Nina conditions have developed over the equatorial ...

SPICES & CONDIMENTS: Upward run continues in pepper futures
Kochi, Jan. 11 Pepper futures market continued its upward trend for the past two ...

TEA: Continuation of tax waiver sought for Bengal tea industry
Kolkata, Jan. 11 The Tea Association of India (TAI) has appealed to the West Bengal Government not to do away with the exemption granted by it to the State’s tea industry in regard to payment of Education and Rural Employment Cess. ...

TEA: Tea factories seek restoration of subsidy
The private small-scale tea factories (called bought-leaf factories) have appealed to the Union Commerce Ministry to restore the 50 per cent subsidy to enable them to procure the latest ...

TEA: Good demand for quality teas at Kolkata sale
Last week, limited weight of the grainy better liquoring Assam CTCs sold irregularly around the last levels, according to tea auctioneers. Remainder tended easier following ...

OILSEEDS & EDIBLE OIL: Guarseed to trade firm in short term
After sharp fall, guarseed seems to be on a recovery path on NCDEX. Despite a drop in production, guarseed prices was bogged down due lack of demand from the ...

Columnists: • G Chandrashekhar • Sharad Joshi

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Markets (Jan 10)

Nifty (on Jan 9)	2,873.00(-47.40)
US Dollar (Buy/Sell)	48.30/31
Brent crude (a bbl) Rs	2,168
Gold (a gram) Rs	1,234
Silver (a kg) Rs	19,120

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