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AGRI-BIZ & COMMODITIES

TECHNICAL ANALYSIS: Comex gold futures to rise again
Gold futures ended marginally lower on Friday due to a strengthening dollar. However, firm physical demand and geopolitical tensions are expected to underpin gold futures. The other main external influence on gold was crude oil, which ...

GOLD & SILVER: Commodity outlook may turn positive in H2
Gold likely to become vulnerable at higher price levels. In 2008, commodity markets witnessed extraordinary volatility between the two extremes of the price spectrum. First, a huge bull run took prices of a wide range of commodities - energy ...

FERTILISERS: Fertiliser cos, phosphoric acid suppliers in pricing row
Global vendors want $1,200/t, Indian firms ready to pay only $650. New Delhi, Jan. 4 Indian fertiliser companies are engaged in a battle of nerves with overseas suppliers of phosphoric acid over pricing of this crucial ingredient used to ...

HORTICULTURE/FRUITS & VEGETABLES: Ruling high
...

CLIMATE & WEATHER: Fog cover persists in N-W but mercury up
Thiruvananthapuram, Jan. 4 There has been no respite from persisting fog conditions for Punjab, Haryana, Delhi, Uttar Pradesh, Bihar, parts of sub-Himalayan West Bengal and Assam for the past day or ...

SPICES & CONDIMENTS: Turmeric exports surge on higher demand
Good demand for Indian turmeric in the world market has pushed up exports of the spice during the first eight months of the current fiscal despite substantial increase in its price to Rs 46.43 a kg from Rs 30.36 a kg in the same period a ...

FERTILISERS: Joint ventures fail to stop price rise sting
Establishing overseas joint ventures to manufacture phosphoric acid has seemingly not helped insulate Indian companies from volatile international prices of this key ...

TECHNICAL ANALYSIS: Cotton futures to test support levels
Cotton futures ended lower on Friday as the market pulled back after surging to a two-month high. Weekly export sales data from the US Agriculture Department was disappointing, but they also served to confirm the poor level of demand for ...

EXPORTS & IMPORTS: Plea to lift grain export controls
Mumbai, Jan. 4 The country’s grain export trade is upset with the Government that despite favourable conditions both at home and abroad, rice and wheat exports have not been opened up fully. While basmati is allowed for export with a ...

TEA: Good liquoring dust teas see demand at Kolkata sale
Kolkata, Jan. 4 Last week, CTC teas in North India auction centres at Kolkata, Guwahati and Siliguri were irregularly lower with quality, according to tea ...

Columnists: G Chandrashekhar Sharad Joshi




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Markets (Jan 03)
Nifty (on Jan 02)3046.75(+13.30)
US Dollar (Buy/Sell)48.55/60
Brent crude (a bbl) Rs2,336
Gold (a gram) Rs1,245
Silver (a kg) Rs19,745


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