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Wednesday, April 08, 2009
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AGRI-BIZ & COMMODITIES

OUTLOOK: Sugar output seen dropping to 4-year low; prices surge
Lower availability of cane, diversion to gur, khandsari. Chennai, April 7 With crushing of cane by sugar mills almost coming to an end, sugar production is now estimated about 45 per cent lower at 14.2 million tonnes during the current season ...

EXPORTS & IMPORTS: Oilmeal exports drop 60% in March on economic woes
Demand lower as livestock products consumption drops. Mumbai, April 7 Hit by the global economic recession, oilmeals exports dipped 45 per cent to 13.52 lakh tonnes in the fourth quarter of the 2008-09 financial year, against 24.56 lakh tonnes ...

RUBBER: Slow output growth, demand buoy rubber prices
Rubber growers are happy over the current development as the rubber price is on the ...

CLIMATE & WEATHER: Vigil for south Bay ‘low’ around Saturday
Thiruvananthapuram, April 7 India Meteorological Department (IMD) is now keeping a watch for a low-pressure area over south Bay of Bengal around Saturday but models differed in their updated outlook in relation to the evolving weather in ...

RUBBER: Spot rubber gains on short supply
Kottayam, April 7 The physical rubber prices continued to explore further highs on Tuesday. Another sharp increase in TOCOM rubber futures kept the domestic sentiments on fire. The news on enough stocks failed to make any impact in the market ...

TEA: Lower volume hits tea exports
The Tea Board has not yet announced the target for tea exports in calendar 2009 or fiscal ...

Columnists: G Chandrashekhar Sharad Joshi




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Markets (April 06)
Nifty (at close)3,256.60 (+45.55)
US Dollar (Buy/Sell)50.04/05
Brent crude (a bbl) Rs2,371
Gold (a gram) Rs1,339
Silver (a kg) Rs21,695


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