The Hindu Business Line : Sunday, October 10, 2004

COMMODITY EXCHANGES
Seeking safe haven in US commodity futures
THREE weeks ago, when Hurricane Ivan hit Florida in the US, a top executive of a bank in Chennai earned a little over Rs 20,000 by trading in commodity futures market there. He made the money by buying December wheat contract at $3.21 a bushel ... More

TECHNICAL ANALYSIS
Palm oil may head lower
MALAYSIAN crude palm oil futures on MDEX closed sharply lower as weaker fundamentals erased most of the gains made during the week. Worries over falling exports and rising stocks are seen pressuring the market. Exports are not expected to pick up ... More

METALS
Nickel cathode moves up on demand
DOMESTIC nickel cathode prices have moved up again in the last one month on continued domestic demand from the stainless steel industry against restricted supply and firm global trend. Prices fell 6 per cent during August and early-September ... More

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Top Stories
Bank credit up Rs 21,418 crore

Global oil price rise may add to drug industry input costs

Forex reserves rise by $515 m

No respite from crude price rise: ONGC chief

India may gain from declining US textile sector fortunes

Labour remittances not eligible for new benefits

Looking back
Oct. 3-Oct. 9
Import norms eased for vanaspati from Nepal — STC allowed to appoint associates

Gujarat groundnut output may touch 15 lakh t

Agrarian crisis in Andhra Pradesh

Bankers do field work, literally!

Edible oil imports likely to rise; record soya crop forecast