Business Daily from THE HINDU group of publications
Sunday, January 27, 2008
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Agri Prices (Jan. 25)
Sugar S301420 (1420)
Groundnut oil ready670 (665)
Coconut oil ready5300 (5300)


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AGRI-BIZ & COMMODITIES

TEA
‘Tea in bottles, cans key to win over US markets’
Coonoor, Jan. 26 The secret for Indian tea industry to gain stronger foothold in the US market is to increase its supplies in the form of packets and bottles, says US industry leader. “Some 20 per cent of the tea sales in the US ... More

TECHNICAL ANALYSIS
Gold to test resistance
Comex gold futures ended marginally higher after a volatile week. The President of US, Mr George W. Bush’s plan to give the US economy temporary tax cuts and other measures totalling about $150 billion failed to boost the gold market. ... More

Palm oil may test resistance, dip
Malaysian palm oil futures ended higher on Friday with strong gains in soya oil and the energy complex. Exports were lower, offsetting falling production. Moreover, Chinese buying in the coming weeks are expected to be lower due to Lunar New Year ... More

PERFORMANCE
Commodity exchanges turnover up 65%
Mumbai, Jan. 26 After minor hiccups, commodity exchanges seem to have hit the bull phase again. Total turnover of 20 regional and three national commodity exchanges in the fortnight ended January 15 zoomed 65 per cent to Rs 2.10 lakh crore ... More






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