Business Daily from THE HINDU group of publications
Monday, May 04, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Monday, May 04, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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COMMODITY MARKETS: Speculative buying pushes sugar prices to 3-year high Funds bet on supply shortfalls in India, Pakistan. New Delhi, May 3 World sugar prices have surged to a near-three year high, on the back of speculative buying by funds betting on supply shortfalls in India ... TECHNICAL ANALYSIS: Gold futures to test support levels Gold futures, ended marginally higher on Friday ahead of a bank stress test next week. Safe-haven demand in gold diminished further after the US equities, in April posted its best month in nine years. Gold was pressured after consumers ... FOODGRAINS: Food for thought India’s bumper wheat crop and the consequential issues of procurement, storage, logistics and food subsidy have underscored the weaknesses in India’s foodgrain management system. Despite an impressive wheat procurement effort so ... COMMODITY MARKETS: Industrial metals, agri commodities post gains Concerns about financial system easing, gold falls back. Incoming economic data - after Eurozone, now Japanese, Korean and Chinese - continue to raise hopes. Industrial metals and select agricultural commodities have registered handsome gains. ... SPICES & CONDIMENTS: Pepper futures close higher on volatility The pepper futures market after witnessing high volatility during the week closed marginally higher at the ... TECHNICAL ANALYSIS: Cotton futures to test resistance levels Cotton futures ended sharply higher on Friday at a fresh six-month high on investment fund buying on the back of strength in the soya complex. High soyabean prices could well push farmers to plant beans more than cotton. With funds ... TEA: Darmona gets record price in Coonoor tea sale New price-record was established in the 46-year old history of the auctions of Coonoor Tea Trade Association (CTTA) with Darmona Estate fetching Rs 188 a kg in Sale No: ... SUGAR: Economics of raw sugar imports New Delhi, May 3 What are the economics of raw sugar imports at today’s ... COTTON: Andhra Pradesh revises Bt-II cotton seed price to Rs 750 Hyderabad, May 3 Andhra Pradesh has put the price of Bt-II cottonseed at Rs 750 (for a packet of 450 gm) and that of Bt-I at ... CLIMATE & WEATHER: Westerlies blow off the heat in Northwest India Thiruvananthapuram, May 3 Cooler winds from a passing western disturbance helped rein in the runaway mercury in Northwest India but no such relief was there for the asking in Central East-Central India during the past 24 hours ending ... TEA: Strong demand for better liquoring teas in N. India auction Last week, the new season teas in north India once again met with strong demand, according to tea auctioneers. Clean, well made better liquoring teas sold at firm to dearer rates, while the remainder were around last. Levels were ... Columnists: • G Chandrashekhar • Sharad Joshi Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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