The Hindu Business Line : Monday, February 11, 2008

CLIMATE & WEATHER
Locally heavy rain lashes peninsula
Cold wave conditions prevailed in northwest India and parts of west and central India even as the southeast coast saw sporadic heavy rain break out during the 48 hours that ended Sunday morning. A weather-making western disturbance has ... More

HORTICULTURE/FRUITS & VEGETABLES
Cold weather pushes up MCX potato futures prices
After a steep rally last month, potato futures on MCX are expected to consolidate at the current level with a possibility of a minor upside in the near to medium term.Cold weather in the Northern states has pushed up potato futures on ... More

TEA
Quality teas turn dearer at N. Indian auctions
Kolkata, Feb. 10 Last week, the CTC leaf and dust markets in the North Indian auction centres of Kolkata, Guwahati and Siliguri saw selected better sorts selling at firm to dearer rates, while the remainder continued to ease in value following ... More

TECHNICAL ANALYSIS
Gold may test resistance levels
Comex gold futures ended higher supported by rising crude oil prices. Gold has recently been a beneficiary of safe-haven buying due to on going uncertainty about other financial markets. Gold rallied even when the dollar was strengthening - a ... More

COIR
Coir Board to open sales outlets
Kochi, Feb. 10 Coir Board has evolved a scheme for promotion and marketing of coir products through authorised retail outlets. This scheme is one among the domestic market development initiatives of the Board. Under the scheme, quality ... More

OILSEEDS & EDIBLE OIL
Solvent extractors want curbs on palm oil imports reviewed
More

SPICES & CONDIMENTS
Slow demand, improved arrivals bring down pepper prices
Kochi, Feb 10 Improvement in arrivals of the new crop coupled with slow demand pushed down the pepper prices in the futures and spot markets last week. All the contracts on NCDEX dropped by Rs 184-245 a quintal while on NMCE, the fall ... More

COMMODITY MARKETS
Firm trend in gold likely to continue
Market may absorb the gold IMF plans to sell More

EXPORTS & IMPORTS
Minimum export price of non-basmati may be hiked
Move aimed at discouraging shipments More

OUTLOOK
Sugarcane output estimate revisions cost industry, growers dear
New Delhi, Feb 10 Official statistical data being subjected to upward or downward revisions is considered an ‘acceptable’ practice, so long as it does not lead to any marked divergence between the original and final numbers. ... More

Wheat output: Govt, trade keep fingers crossed
February weather holds key to better production More

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