Business Daily from THE HINDU group of publications
Monday, February 26, 2007
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AGRI-BIZ & COMMODITIES

TEA
Coonoor tea buyers seek status quo in auctions
As auctions were not held in Coonoor this week, small growers suffered More

Kil Kotagiri Tea into rejuvenation, replanting
The Kil Kotagiri Tea and Coffee Estates Company has taken up the initiative of replanting and rejuvenation of bushes aggressively. "We started the re-plantation exercise three years back. Initially, because of tight financial position and ... More

Good demand for CTC leaf, dust
In all the three auction centres of North India, CTC leaf and dust teas continued to receive good demand. As the bulk of the offerings were of the end season varieties, prices followed quality. There was a nominal weight of orthodox teas on ... More

TECHNICAL ANALYSIS
Gold may consolidate, rise
Gold futures ended higher on Friday on investment buying ahead of a weekend, mainly on geo-political concerns. Oil climbed above $61 to its highest level this year on the Iran situation and after the United States, the top fuel consumer, reported ... More

Palm oil futures could rise
Malaysian crude palm oil futures ended higher tracking gains in other commodities. Support was seen mainly from crude oil futures, which rose higher on geo-political tensions. Markets are expected to be more active next week when Chinese ... More

ALUMINIUM
Aluminium auditor
With Hindalco in the news for the Novelis acquisition, it may be apt to read Technical Guide on Internal Audit in Aluminium Industry, from the ICAI's Committee on Internal Audit. The book, based on a draft prepared by Rajendra K. Kasliwal, ... More

METALS
Positive streak in gold, metals may continue
Prices underpinned by inflation concerns, global growth prospects More

COFFEE
Café Coffee Day, Barista to expand overseas operations
Also plan to increase domestic outlets More

`Coffee in moderate quantities good for health'
Coffee, like wine, is excellent for health if taken in moderate quantities; in excess, both coffee and wine are not so good for health," said Ernesto Illy, Honorary President, illycaffe S.p.A, at the India International Coffee Festival 2007 here ... More

Scope to reach more
Coffee occupies the third slot after tea and milk in the domestic market. Non-drinkers and occasional coffee drinkers, who account for 78 per cent of the country's populace, are the prime target for the Coffee Board and retail chains for ... More

SPICES & CONDIMENTS
High volatility in pepper futures
High volatility in the pepper futures market coupled with uncertainty has put the market players in a dilemma. Added to this is the non-availability of space in the warehouses of national exchanges as people who sold March positions are said to ... More

DERIVATIVES MARKETS
Sugar mills begin hedging risks in futures market
More

EXPORTS & IMPORTS
Cut flowers may spell fortune for investors
Floriculture exports likely to rise 15% More






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Looking back
Feb. 18-Feb. 24
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