The Hindu Business Line : Monday, January 21, 2008

CLIMATE & WEATHER
Models show good build-up to monsoon
Seasonal forecasts made available by two reputed international weather models for the February-July period indicate ‘good build-up’ right from pre-monsoon period to onset of the southwest monsoon later this year. This will ... More

SUGAR
Sugar futures expected to trade higher
Mumbai, Jan. 20 After a lull, sugar futures on NCDEX are expected to trade on the higher side in the short to medium term due to delay in cane crushing in Uttar Pradesh and Maharashtra.Caught between a bearish market and high cane ... More

TEA
Coonoor tea prices drop on inadequate demand
Prices dropped on the average Rs 2 a kg at the third auctions of 2008 conducted by the Coonoor Tea Trade Association (CTTA) as the demand was inadequate to absorb at high bids the volume of 9.37 lakh kg on offer.But, plainer sorts were ... More

Good demand for CTCs at N. Indian sales
Last week, the CTC offerings at the three north Indian tea auction centres at Kolkata, Siliguri and Guwahati met with good demand, according to the tea auctioneer, J. Thomas & Company Private Ltd. Selected better varieties held levels, ... 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

Cotton likely to move higher
Cotton futures ended lower on Friday on speculative liquidation and worries over a slowdown undermined the market before a holiday break. Concern that a recession could dent cotton demand and fears of an agricultural bubble given the recent surge ... More

GOLD & SILVER
Gold: Investment demand to pick up
Medium-term outlook appears positive More

FOODGRAINS
Maize price remains volatile despite bird flu
Coimbatore, Jan 20 Maize price remained volatile this week with the rates for the commodities quoted at mandis touching Rs 7,200-7,220 per tonne, some three per cent higher than last week, market reports said. The volatility is due to bird flu ... More

POULTRY
Bird flu: AP poultry farmers mull cutting down egg output
To reduce losses and stabilise the market More

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