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AGRI-BIZ & COMMODITIES

TECHNICAL ANALYSIS: Comex gold to consolidate, rise
Gold futures, ended marginally lower on Friday in a volatile trading. Fresh economic data from the US pointed at more weakness as it shed more jobs than expected in January. This is expected to result in new stimulus packages thus reducing the ...

OUTLOOK: Gold prices gain traction despite strong dollar
Weakening of dollar, inflation can take prices beyond $1,000/oz. Commodity markets continue to be buffeted by worsening global macro-economic environment. Economic data that come out from time to time bring little ...

OUTLOOK: Sugar defies general commodity trend, on the rise
India’s low output seen driving up world prices. New Delhi, Feb. 8 Sugar appears to be a real oddball among all commodities, defying the general direction of movement ...

CASHEW: Mangalore port benefits from cashew imports
The year 2009 seems to have begun well for New Mangalore Port Trust (NMPT) with more mainline container vessels coming calling. These vessels have found potential in catering to the needs of the Karnataka cashew ...

TECHNICAL ANALYSIS: NY cotton futures may rise
Cotton futures ended marginally higher on Friday on speculative buying ahead of the monthly supply/demand data to be released next week. In its January monthly report, the USDA cut its forecast for 2008/09 world cotton consumption to 109.84 ...

METALS: Stimulus package may boost copper prices
Mumbai, Feb 8 The economic stimulus package announced in various countries may boost copper prices in the short term. However, substantial inventory in the London Metal Exchange (LME) will exert ...

SPICES & CONDIMENTS: Pepper futures down despite tight supply
The pepper futures market continued to fall during the week on bearish sentiments created by bear operators who have been spreading rumours of cheap availability in other origins and that no overseas demand is forthcoming. Given this ...

SPICES & CONDIMENTS: Global pepper output on the decline
Kochi, Feb. 8 The world’s total pepper production continued to decline from a high of over 3,60,000 tonnes in 2003 to below 3,00,000 tonnes from 2007 onwards and the estimates for 2008 have put it at 2,94,400 tonnes at a time when there ...

CLIMATE & WEATHER: Mercury up ahead of fresh westerly system
Thiruvananthapuram, Feb. 8 Northwest India is expecting a fresh western disturbance to impact regional weather for three days from Monday over the hilly region and two days from Tuesday over the ...

TEA: Supplyco targets 25% share for Sabari tea in Kerala
Supplyco, which has introduced the Sabari brand of tea, aims to capture 25 per cent of the Kerala ...

AQUACULTURE: Slowdown effect
...

TEA: Demand for quality teas at Kolkata sale
Kolkata, Feb. 8 Last week, the selected CTC liquoring teas maintaining quality sold around last levels, while those showing a decline in quality were lower, according to tea auctioneers. Hindustan Unilever was active while there was ...

TEA: Low arrivals boost leaf tea prices at Kochi
Kochi, Feb. 8 Two orthodox leaf tea grades of Glendale estates – Clonal BOP and Clonal OP fetched the highest prices at Rs 192 and Rs 182 respectively – the highest prices realised for such grades at the auction during the ...

TEA: Tea prices drop on low demand at Coonoor sale
Coonoor, Feb. 8 Prices generally declined by Rs 2 a kg at sale No: 6 of the Coonoor Tea Trade Association (CTTA) auctions on Friday despite a 10.25 lakh kg offer as demand ...


Columnists: G Chandrashekhar Sharad Joshi




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Markets (Feb 07)
Nifty (as on Feb 6)2,843.10(+63.05)
US Dollar (Buy/Sell)48.68/69
Brent crude (a bbl) Rs2,230
Gold (a gram) Rs1,316
Silver (a kg) Rs22,210


Related Topics
Agricultural Institutions
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Looking back
Feb. 1-Feb. 7
Poppy seed prices may decline on higher output

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Demand for metals likely to revive after June

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