The Hindu Business Line : Monday, September 22, 2008

AGRI-BIZ & COMMODITIES

EXPORTS & IMPORTS: Slowdown in sugar exports likely in 2008-09
Record 50 lt exported in 2007-08. New Delhi, Sept 21 India’s sugar exports are set to register a marked slowdown in the coming 2008-09 crushing season (October-September), notwithstanding the weakening rupee and a tight global ...

TECHNICAL ANALYSIS: Gold to consolidate, rise higher
Gold futures, ended higher on Friday on weekend short-covering and a recovery in the energy markets. The euro gained ground against the dollar and crude prices rallied as investors digested the implications of a mooted US government plan to ...

COMMODITY MARKETS: Uncertainty, volatility mark metals market
Gold, base metals witness huge sell-offs. Mumbai, Sept 21 By any reckoning, last week was extraordinary for the global financial circles. Commodity markets were buffeted by broader financial market developments that sent everyone scurrying for ...

CLIMATE & WEATHER: Northwest pelted as Bay heaves again
Rains intensifying over central India, East UP and adjoining Bihar. Thiruvananthapuram, Sept 21 The buzz is seen returning to the Bay of Bengal even as a predecessor depression, having wound its way into land and since weakened, brought ...

PLANTATIONS: Campco to procure cocoa from AP
Plans to diversify into rubber biz. Mangalore, Sept. 21 After Karnataka and Kerala, now the Central Arecanut and Cocoa Marketing and Processing Cooperative Ltd (Campco) is planning to enter the Andhra Pradesh market for procuring ...

TECHNICAL ANALYSIS: Bullish trend in NY cotton
Cotton futures ended higher Friday in line with other commodities. Confidence in trading returned to cotton on the backs of other markets and indications of financial stabilisation following recent volatility. Cotton will take cues from ...

SPICES & CONDIMENTS: Uptrend likely in pepper prices
Kochi, Sept 21 Pepper futures market witnessed high volatility during the week and the prices were marginally up at close on Saturday. But because of the weak rupee the parity was around $3,100 a tonne (c&f) for Europe and $3,200 a ...

SPICES & CONDIMENTS: Bearish trend seen in jeera, chilli, turmeric
Mumbai, Sept 21 Despite recent spikes, jeera, chilli and turmeric futures on NCDEX are expected to remain bearish in the ...

CASHEW: Cashew exports continue to show uptrend
Kochi, Sept 21 Cashew exports from the country continued to show an upward trend, despite the rise in prices on short supply from ...

SUGAR: Maharashtra millers seek extension of FSQ validity
New Delhi, Sept. 21 Sugar mills in Maharashtra have sought an extension of the validity period of the current month’s free sale quota (FSQ) till October 15, even while alleging collusion among traders in bringing down ...

TEA: High prices at Coonoor tea sales
Coonoor, Sept. 21 Market turned feverishly high when demand was strong enough to absorb the 24-week low offer of 10.15 lakh kg at Sale No. 38 of the auctions of Coonoor Tea Trade Association (CTTA) on ...

TEA: Strong demand for CTC teas at N Indian auctions
Kolkata, Sept 21 Last week, the CTC teas at North Indian auction centres of Kolkata, Siliguri and Guwahati met with strong demand at irregularly dearer rates, particularly for fannings and dust, according to leading tea ...

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Markets (Sept 20)

Nifty (at close)	4245.25(+207.10)
US Dollar (Buy/Sell)	46.34/35
Brent crude (a bbl) Rs	4,499
Gold (a gram) Rs	1,161
Silver (a kg) Rs	19,850

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