Business Daily from THE HINDU group of publications
Monday, June 02, 2008
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Agri Prices (May 31)
Sugar S301478 (1478)
Ground ready705 (710)
Coconut oil ready6000 (6000)


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AGRI-BIZ & COMMODITIES

COMMODITY EXCHANGES
Power Exchange gets in-principle nod from CERC
Mumbai, June 1 Power Exchange India Ltd (PXI), a joint venture of National Stock Exchange of India (NSE) and National Commodity & Derivatives Exchange (NCDEX), has obtained the in-principle approval of the Central Electricity Regulatory ... More

CLIMATE & WEATHER
Skies clear up over Kerala, next ‘pulse’ awaited
Thiruvananthapuram, June 1 The opening pulse of the southwest monsoon seemed to have petered out over Kerala, with the skies clearing up over most parts of the State after the onset was declared. On Sunday, dry westerlies and ... More

HORTICULTURE/FRUITS & VEGETABLES
Tokens for ‘vegetables in van’
More

RUBBER
Campaign to focus on diseases of rubber trees
Kottayam, June 1 The ‘Intensive campaign 2008’ organised this year by the Rubber Board in association with Rubber Producers’ Societies (RPS) would concentrate on eradicating diseases affecting the rubber trees, including ... More

TEA
Coonoor tea prices rise on demand
Prices rose on an average Rs 3 a kg at Sale No: 22 of the auctions of Coonoor Tea Trade Association (CTTA) as demand was competitive to absorb the huge offer of 12.48 lakh kg. Both upcountry and export demand was strong. CTC ... More

TECHNICAL ANALYSIS
Gold to test resistance and fall
Comex gold futures ended higher for the week, as a rebound in energy costs and the dollar’s drop against the euro revived demand for an inflation hedge. The dollar headed for a second straight monthly gain against the euro, on ... More

Cotton to test support levels
Cotton futures ended lower on Friday in thin range-bound trade on speculative trading, moving in a volatile range ignoring direction from other commodities, which it has done so in the recent past.Market has been mostly directionless with ... More

COMMODITY MARKETS
Out of reach
More

HUMAN RESOURCES
Kerala taps labour from North
RUBBER PLANTATIONS More

E-COMMERCE & E-BUSINESS
E-trading in Ooty vegetables takes off
Coimbatore, June 1 Nilgiris Horti-Tech Company Pvt Ltd (NIHTCO), a corporate member of SAFAL National Exchange of India , commenced e-trading of Ooty vegetables on Saturday.According to Mr H.N. Sivan, Director and Chief Executive ... More

OUTLOOK
Negative signals for gold in the short term
Long-term indicators too are not encouraging More

Coffee output next crop year may be hit by weather woes
Current season production pegged at 2.62 lt; exports continue to do well More






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