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AGRI-BIZ & COMMODITIES

AGRICULTURAL POLICY: Govt plans to sell 5 lt wheat in open market
Fixes price at Rs 1,379-1,728/quintal. Chennai, Oct. 18 The Centre has fixed wheat prices between Rs 1,379.7 and Rs 1,728.23 a quintal for sale from the stocks it is holding in the open ...

COMMODITY MARKETS: Further profit taking in gold possible; crude looks firm
The price performance of commodity markets continues to remain attractive for investors. Last week saw gains, especially on the crude front. The macro-economic environment presents a positive picture. There are indications of the beginning of ...

TECHNICAL ANALYSIS: Gold futures may correct lower
Comex gold futures ended lower due to profit-taking amid a strengthening dollar. The dollar rose on the back of safe-haven buying as equities resulted in ...

PLANTATIONS: Kerala tops cocoa output
Kerala, which is in the process of reviving cocoa cultivation in the state, has become the top producer of the tree nut in the country by systematic and scientific implementation of various schemes of the National Horticulture Mission ...

SPICES & CONDIMENTS: Divergent trend in pepper
Kochi, Oct 18 The world pepper market is seemingly passing through some uncertainty over the availability of the commodity at different origins and consequently, the parity was ruling, by and large, steady at all the origins except for ...

PEOPLE: Aditya Khaitan, ITA chairman
Kolkata, Oct. 18 At its first meeting held here, the Indian Tea Association’s National Committee re-elected Mr Aditya Khaitan, Managing Director of McLeod Russel India Ltd, as its Chairman for 2009-10, according to an ITA ...

TEA: Prices remain subdued at Kochi tea auction
The arrivals at both dust and leaf auctions continued to be high at the Kochi Tea Auction while prices remained subdued for most dust varieties. There was 17.01 lakh kg on offer at the dust tea auction while arrivals at the leaf auction ...

SUGAR: Price arrears, long crop cycle bane of sugarcane
With dim prospect of sugar prices turning decisively consumer-friendly for at least 12 more months from now, the key to planning for future output expansion simply lies in ensuring that acreage under cane bounces back to over five ...

Columnists: G Chandrashekhar Sharad Joshi




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Markets (Oct 16)
Nifty (at close)5,142.15(+33.30)
US Dollar (Buy/Sell)46.29/30
Brent crude (a bbl) Rs3,452
Gold (a gram) Rs1,474
Silver (a kg) Rs27,935


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Looking back
Oct. 11-Oct. 17
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