The Hindu Business Line : Sunday, May 03, 2009

AGRI-BIZ & COMMODITIES

OUTLOOK: ‘Market ready to absorb gold price of Rs 1,300-1,400/gm’
Bangalore, May 2 The price of gold, which has been on a volatile rally for quite some time, is no longer a worrying factor for consumers, say jewellery retailers who believe the market is ready to absorb the Rs 1,300-1,400 (per gm) ...

TECHNICAL ANALYSIS: Palm oil may test resistance
Malaysian palm oil futures ended sharply higher on Friday on resilient exports and tightness in global vegetable oil supplies. Exports of Malaysian palm oil products for April fell 4.5 per cent to 11,68,628 tonnes from 12,23,716 tonnes shipped ...

RUBBER: Spot rubber stays weak
Kottayam, May 2 The domestic rubber prices finished weak on Saturday. In spot, the market remained under pressure on profit booking at higher levels during the weekend session. Sheet rubber declined to Rs 102.25 from Rs 104 a kg on Thursday ...

COMMODITY EXCHANGES: NCDEX's new delivery system
...

Columnists: • G Chandrashekhar • Sharad Joshi

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Markets (April 30)

Nifty (at close on Apr 29)	3,474(+111.65)
US Dollar (Buy/Sell)	50.04/05
Brent crude (a bbl) Rs	2,540
Gold (a gram) Rs	1,350
Silver (a kg) Rs	21,980

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Apr. 26-May. 2
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