The Hindu Business Line : Monday, June 05, 2006

WHEAT
Kerala protests cut in Central wheat quota
The State Government will soon send a high level delegation to New Delhi to persuade the Centre to revoke the order slashing wheat quota for the state. The State Food and Civil Supplies Minister, Mr C. Divakaran, told reporters here today that ... More

ANIMALS & LIVESTOCK
Animal health players make hay as drug cos exit segment
More

PULSES
Guarseed futures could turn weak
Early setting in monsoon may force sales More

FERTILISERS
High copper sulphate price irks arecanut growers
High excise duty, VAT blamed for 100 per cent increase More

TEA
Pak mulls removing import duty on Indian tea
Bid to tackle growing menace of illegal imports costing Islamabad dearly More

Coonoor tea prices drop
Most grades of the teas offered for sale at Sale No: 22 of the Coonoor Tea Trade Association (CTTA) here yesterday fetched a lower price compared to the previous week as the demand was inadequate to push the bids higher. In general, prices ... More

TECHNICAL ANALYSIS
Gold may test resistance level
Gold futures bounced from a six-week low to finish higher boosted by a softer dollar after a weaker-than-expected May US employment report and a firmer crude oil. COMEX gold futures moved perfectly in line with our expectations. As expected ... More

GOLD & SILVER
Current situation doesn't bode well for gold
Price strength over the past few months based on sentiment, momentum More

SPICES & CONDIMENTS
Pepper futures fluctuate
The pepper futures market fluctuated during the week and ruled steady at the weekend. There was some buying interest and some business has taken place during the week at $1,600 - Rs1,625 a tonne (c&f). Meanwhile the rupee gained against ... More

AGRICULTURAL POLICY
Plan for direct fertiliser subsidy to farmers dropped
Problem in implementation cited as the main reason More

OUTLOOK
Outlook positive for commodity sector
Barclays Capital: Copper, zinc to continue rising More