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AGRI-BIZ & COMMODITIES

COMMODITY MARKETS: Speculative push to gold will create downside risk, if $ gains
Divergent trend in prices of commodities. Mumbai, Sept 19 There is a perceptible improvement in the global macroeconomic environment. Leading indicators are turning ...

TECHNICAL ANALYSIS: Comex gold may rise again
Comex gold futures ended lower on Friday due to profit-taking in a volatile week when prices had risen toward a high of $1,025.80 an ounce as a steadily falling dollar boosted investment demand. On the face of it, the case for investing in ...

FERTILISERS: Morocco’s OCP open to Indian cos setting up 100% phosphoric acid units
Tata Chem, Chambal Fertilisers have joint ventures there. Morocco’s OCP Group, supplier of phosphate fertiliser raw materials, says it is open to Indian companies setting up 100 per cent-owned phosphoric acid manufacturing facilities in ...

SPICES & CONDIMENTS: Pepper prices rule firm on winter demand
The pepper prices in all the origins continued to rule firm during the week signalling the tight supply position and the potential demand in the coming weeks, especially in view of the winter season and the Christmas and New Year, and all ...

CLIMATE & WEATHER: Late-season ‘low’ seen driving rains into October
Thiruvananthapuram, Sept 20 Latest forecasts from the US National Centres for Environmental Prediction (NCEP) seem to suggest that the ongoing rains over the southern peninsula may spill over into the first week of October, if not ...

CASHEW: Cashew exports in Aug continue to drop
Domestic demand picks up. Even though the shipments of cashew kernels in August have shown a marginal increase, the overall exports in April-August have dropped by over 5,000 tonnes from that of the same period ...

TEA: Quality teas fetch good prices at Kochi auction
Arrivals continued to be good at the Kochi dust tea auction at 10,18,500 kg, although prices gravitated ...

FERTILISERS: Joint venture plan has not worked for India
New Delhi, Sept. 20In 2008, world prices of rock phosphate and phosphoric acid scaled $460 and $2,310 a tonne (cost and freight, India) respectively, after having averaged around $60 and $566.25 a tonne the ...

CULTIVATION: Experimental sowing
...

RAILWAYS: Restricted entry
...

TEA: Coonoor tea prices rise on demand
Prices rose by Rs 2 a kg at Sale No: 37 of the auctions of Coonoor Tea Trade Association (CTTA) despite the offer of 14.17 lakh kg being the second highest of the past six weeks, thanks to increased domestic and export ...

NATURAL CALAMITIES: AP seeks Rs 10,000-cr drought relief
Hyderabad Sept 20 The Andhra Pradesh Government has sought Rs 10,000 crore from the Centre to execute the drought relief measures in ...

PULSES: AP spl counters for red gram
...

Columnists: G Chandrashekhar Sharad Joshi




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Markets (Sept 18)
Nifty (at close)4,976.05(+10.50)
US Dollar (Buy/Sell)48.13/14
Brent crude (a bbl) Rs3,476
Gold (a gram) Rs1,476
Silver (a kg) Rs28,750


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Looking back
Sep. 13-Sep. 19
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