AGRI-BIZ & COMMODITIES
PULSES
Urad prices gain on crop damage in Andhra, TN
Untimely rains, diversion to maize cited as reasons
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PLANTATIONS
Andhra Pradesh to take up biodiesel plantations in 8,800 hectares
The Government of Andhra Pradesh is yet to grant administrative approval for the project, according to a release.
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TEA
Vigneshwar teas post double record in Coonoor sale
Vigneshwar Estate Tea Factory created a double-record at Sale No: 13 of the auctions of the Coonoor Tea Trade Association (CTTA) when two different leaf grades of its speciality teas – BOPS and BPSM – each fetched Rs 92 a kg. Both ...
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TECHNICAL ANALYSIS
Gold may test support levels
Comex gold futures fell sharply lower on Friday, due to softer oil prices and a rise in the dollar. The dollar edged higher, but hovered not far from record lows against the euro, after the US data showed that the inflation pressures were tamed ...
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METALS
Copper prices may rule weak, notwithstanding recent rally
On reduced demand from the US, China
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FOODGRAINS
Sharp price rise in coarse grains this year
Coarse grains have recorded sharp price increase this year with the hike ranging between 15 to 28 per cent. Sorghum (jowar) touched a peak of Rs 10,500 per tonne this week as compared to its peak rate of Rs 7,700 the same time last year, a ...
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Maize prices may remain volatile in short term
Coimbatore, March 30 Maize prices are expected to remain high in medium and long term, though they may be volatile in the short term, thanks to all round higher consumption demand, according to two delegates from the US associated with the US ...
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SPICES & CONDIMENTS
Pepper futures decline despite bullish sentiment
Due to unseasonal rains combined with thin arrivals at terminal market
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OUTLOOK
Volatile trend likely to continue in gold market
However, long-term prospects are good
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