AGRI-BIZ & COMMODITIES
TEA
Coonoor tea prices up by Rs 2
Coonoor tea opened 2007 on a happy note as the first auctions of the Coonoor Tea Trade Association (CTTA) held here posted an increase of Rs 2 a kg over the last auctions of 2006. For the fortnight gap in sale, the volume offered was low — ...
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TECHNICAL ANALYSIS
COMEX gold could test support
Gold futures tanked lower on Friday, after the dollar surged on a surprisingly strong US jobs data. Weekend profit-taking, weakening oil prices and a strong US data pushed the dollar higher. The beginning of the year saw a sell-off on all ...
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Cotton futures may correct lower, rise
New York cotton futures ended sharply lower on Friday on trade and option related selling. The sell-off in commodities and in the oil markets put some pressure on cotton. The market will be focusing on the annual meeting of the US cotton industry ...
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COFFEE
Maoists blast coffee pulping units
Maoists blasted two coffee pulping units in the agency (tribal) area of Visakhapatnam district on Saturday night in protest against the killing of two of their leaders in alleged fake encounters, according to the police sources ...
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POULTRY
TN poultry prices firm on festive demand
Steady rise in winter consumption has put the Tamil Nadu's poultry sector in a safe zone as the broiler chicken and shell egg off-take has moved up in recent weeks, imparting stability to their selling prices in the past one ...
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COMMODITY MARKETS
Commodities market positioning leans towards agri sector
Supply-side constraints to be a key factor in metals, energy
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