The Hindu Business Line : Monday, March 17, 2008

CLIMATE & WEATHER
Wet weather may last through this week
Thiruvananthapuram, March 16 The wet session in Tamil Nadu and Kerala is set to spill over and get stretched through the week ending Sunday next (March 23), according to forecasts by international models. The proceedings are set to peak ... More

INSIGHT
COMMODITY COMMENTARY
Contradictions in foreign trade policy need to be explained
Even within the framework of a liberalised foreign trade environment, one is left wondering whether there is any broad but definite logic to changes in the export/import policy. It is becoming increasingly difficult to fathom the rationale ... More

TEA
No sale in N. Indian tea auction centres
Last week, there were no sales in any of the three major tea auction centres of North India, according to J. Thomas and Company Pvt Ltd, the tea auctioneers. While small volumes of new season teas began to arrive, the leaf intake was still ... More

Hittakkal tea posts record at Coonoor auctions
Hittakkal Estate Tea Factory has created record at the auctions of the Coonoor Tea Trade Association (CTTA) when its invoice of speciality PD grade teas fetched Rs 107 a kg. The tea auctioned by Global Tea Brokers was bought by Tea Services ... More

Firm trend at Kochi sale
Good general demand propped up the price of dust tea at the Kochi tea auction where high priced dust was irregularly dearer and medium and plainer CTC teas were fully firm to dearer by Rs 2-3. High grown orthodox quoted higher while medium ... More

TECHNICAL ANALYSIS
Cotton to test support levels
Cotton futures ended sharply lower on Friday along with other commodities, when the news about the investment bank Bear Stearns tapping the Federal Reserve for emergency cash slammed many commodity markets. Overall, fundamentals support cotton ... More

Gold may test resistance, correct lower
Comex gold futures rallied to an historic peak towards the $1,000-mark after the dollar sank to new low against major currencies and crude oil powered to a record $111 a barrel. Bullion has been made more attractive by the decline in the US ... More

REAL ESTATE & CONSTRUCTION
Road blockade
More

SPICES & CONDIMENTS
Indian pepper comparatively better
Kochi, March 16 The Indian pepper is placed at an advantageous position as, at present, the prices of the Indian produce are the lowest, when compared with other origins.Indian parity is at around $4,000 a tonne (c&f) whereas, Asta ... More

OUTLOOK
Gold likely to make further gains in the short-term
$1,100 seen as next target; silver could top $24 More

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