The Hindu Business Line : Monday, April 13, 2009

AGRI-BIZ & COMMODITIES

TECHNICAL ANALYSIS: Bearish reversal seen for gold
Gold futures, ended slightly lower, ahead of a long weekend. Gold stays trapped in a range between market participants pursuing more risk and those who still seek the safety of a tangible asset such as gold. This will encourage more ...

COMMODITY MARKETS: Gold prices may ease; crude to stay above $50
Producers are responding with output cuts. Mumbai, April 12 After hitting multi-year record highs in the previous 3-4 years largely unconnected with market fundamentals, the alarmingly rapid collapse of commodity prices in a few short months in ...

RUBBER: ‘Speculation’ stretches rubber to Rs 100/kg
Growers hold back stocks; tyre companies to import 25,000 tonnes. Chennai, April 12 As prices for RSS-4 (ribbed smoked sheet grade 4) rubber hit Rs 100 a kg during the weekend, there was a unanimous opinion about the current run in the ...

AQUACULTURE: EU alert on Indian shrimp exports
India erects safeguards; six new testing labs established. Kochi, April 12 The Standing Committee on Food Chain and Animal Health of the European Commission which met last week exchanged views over a decision to impose emergency measures on ...

RICE: Indigenous method
...

TEA: Tea prices rule high at Coonoor auction
Coonoor, April 12 Vigneshwar Estate Tea Factory at Aravenu created another price-record at the auctions of Coonoor Tea Trade Association (CTTA) at Sale 15 this week when its BP speciality grade fetched Rs 166 per kg. This grade had bagged ...

TEA: Tea loading made easier and faster
The job of loading paper tea sacks into containers for shipment has been rendered easier at Amingaon ICD with modification of pallets to permit use of slip sheet allowing forklift entry. The modified procedure is known as inverted pallets. The ...

AQUACULTURE: Net loss
...

Columnists: • G Chandrashekhar • Sharad Joshi

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Markets (April 11)

Nifty (at close on Apr 9)	3342.05(-0.90)
US Dollar (Buy/Sell)	50.00/01
Brent crude (a bbl) Rs	2,609
Gold (a gram) Rs	1,344
Silver (a kg) Rs	21,500

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Looking back
Apr. 5-Apr. 11
Cumin exports surpass target

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FMC not to reconsider NCDEX plea on transaction fee

Truck rentals rise on agri commodity arrivals

New ETFs to push platinum, palladium higher