AGRI-BIZ & COMMODITIES
COMMODITY EXCHANGES
Well-regulated system must for enhancing investor confidence
Orderly development of any financial markets requires investor interest to be protected against all kinds of manipulation and wrongdoings. The market needs a regulator and the regulator needs sufficient powers derived from statutes in order to ...
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WHEAT
First wheat ship reaches Kakinada
Diversion of cargo draws protest
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TEA
New tea fund scheme to improve age profile of plantations
The decision by the Cabinet Committee on Economic Affairs (CCEA) on December 29 to set up the Special Purpose Tea Fund (SPTF) under the Tea Board for funding replantation and rejuvenation (R&R) programmes is primarily designed to improve the age
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TECHNICAL ANALYSIS
Gold likely to lose ground
Gold futures ended higher Friday, on a weaker dollar finishing the year with good gains. Ging into 2007, the dollar is mostly expected to mostly dictate direction for gold. Rising demand, falling production, dollar weakness, inflation worries ...
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Palm oil futures may test resistance
Malaysian crude palm oil futures ended lower Friday on weekend and year-end profit-taking. Producing areas of Malaysia and the second largest palm oil producer, Indonesia have been hit by heavy rains which spurred a strong rally that sent prices ...
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GOLD & SILVER
Gold forecast to average $670 an ounce in 2007
Demand seen as hedge against possible depreciation of dollar: Abare
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SILK
Silk board Act changes: Ministry plans public hearing
Amendments to Central Silk Board Act
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SPICES & CONDIMENTS
Cardamom growers seek floor price
Spice parks, retail outlets for marketing spices urged
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