Business Daily from THE HINDU group of publications
Friday, June 19, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Friday, June 19, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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COMMODITIES: Inflation turns negative on base effect First time in over 3 decades. New Delhi, June 18 The annual Wholesale Price Index-based inflation rate fell in the first week of June, the first time in well over three decades, mainly on account of a statistical base effect. Responding to the ... COFFEE: Cup of plenty forecast for coffee crop Board sees record output of 3.06 lakh tonnes next season. Bangalore June 18 India’s coffee output for 2009-10 is forecast to be a record high of 3.06 lakh tonnes on the back of timely pre-monsoon showers in key growing areas of Karnataka ... OILSEEDS & EDIBLE OIL: Are vegoil prices headed lower? Palm oil futures fall below crucial support level. Chennai, June 18 On Thursday, crude palm oil futures on the Malaysian Derivatives Exchange (MDEX) slid to a 10-week low of 2,299 Malaysian ringgit (MYR) or $646.8/tonne. Analysts see a pattern ... CLIMATE & WEATHER: Cyclonic whirl hovers over Bay as prelude to ‘low’ The US Naval Research Lab-Monterey has put under ‘investigation’ a growing churn in the northeast Bay of Bengal and given it the moniker ‘92B ... SPICES & CONDIMENTS: Pepper futures steady Kochi, June 18 The pepper futures market on Thursday ruled by and large steady with a marginal decline in the June contract which ... RUBBER: Spot rubber rules steady Kottayam, June 18 Spot rubber closed steady on Thursday. The market lost its direction as there were no active participants in the main marketing centres to set the trend. Sheet rubber finished flat at Rs 98 a kg amidst comparatively ... COFFEE: Weak rupee boosts coffee exports' unit value Weakening of the rupee against the dollar has led to high export earnings from coffee exports, though there has been a decline in shipments this ... TEA: Arrivals decline at Kochi tea auction Kochi, June 18 With tea auctions in Kochi continuing into the third week in a row without interruptions, the arrivals have fallen. The strengthening of the monsoons over the ghats has hindered plucking in the tea estates which have ... Columnists: • G Chandrashekhar • Sharad Joshi Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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