The Hindu Business Line : Monday, June 11, 2007

CLIMATE & WEATHER
Monsoon active but cools heels on west coast
The southwest monsoon continues to be active along the west coast and in the northeast of the country but what sets the Arabian Sea and Bay of Bengal arms apart is the relative lateral movement achieved. The Bay arm is now busy making up for ... More

HORTICULTURE/FRUITS & VEGETABLES
Avesthagen plants Kodagu orange in Hassan orchard
The famed Kodagu orange is set for a new lease of life. Avestha Gengraine Technologies has said it has acquired 87 acres of fallow land in Hassan to start orchards of the native variety. It has already planted 10,000 saplings. As the curtains ... More

SUGAR
35,000 tonnes tied-up cane lying in AP fields
Prices panel meet likely to discuss sugarcane SMP issue More

TEA
Darmona tea gets record price at Coonoor sale
The Aravenu-based Darmona Estate created a new record at the auctions of the Coonoor Tea Trade Association (CTTA) when its RD grade of the CTC teas, auctioned by J. Thomas and Co, fetched Rs 110 a kg. "This is the highest price fetched by any CTC ... More

CTC leaf, dust varieties witness good demand
The orthodox market continued to be buoyant with prices ruling firm to dearer. More

TECHNICAL ANALYSIS
Gold futures could test support
Gold futures ended lower on Friday on the back of a fall in stocks and bond markets. Gold futures fell nearly 3 per cent to a one-month bottom as the firmer dollar weakened the precious metal's standing as an inflation hedge. Markets, took their ... More

Cotton to test support, rise
New York cotton futures ended lower on Friday on speculative selling and switch trade once again getting active with most market participants waiting on the sidelines ahead of the important demand/supply data expected next week. Last month, the ... More

METALS
Zinc prices may turn bullish
Nickel likely to remain at lower levels More

OILSEEDS & EDIBLE OIL
Oil complex in correction mode
Though the long-term bullish trend for soyabean, refined soya oil and mustardseed futures remains intact, trading pattern remained mixed during the week. Refined soya oil futures on NCDEX, which tracks palm oil futures prices in Bursa Malaysian ... More

SPICES & CONDIMENTS
Spices export rises 44% in April
Chilli contributed the highest in earnings at 38% More

Pepper futures decline during the week
No selling pressure on the spot More

Bodi auction: Cardamom arrivals at 47 tonnes
With the auction conducted by STCL in Bodinayakannur on Thursday, probably the season's auctions have come to an end. Another auctioneer MAS Enterprises, which has not yet announced suspension, might also pull its shutters down, as the ... More

COMMODITY MARKETS
Crash in gold prices provides buying opportunity
Vegoil market's rally has not come to an end More

OUTLOOK
Mentha oil prices may fall
As production could be higher More

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Jun. 3-Jun. 9
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