AGRI-BIZ & COMMODITIES
CLIMATE & WEATHER
Launch window ready for northeast monsoon
Thiruvananthapuram, Oct 21 The easterly wind regime is expected to settle into place over the Bay of Bengal Monday onwards, throwing up a window of opportunity for the north-east monsoon to launch itself. The resident anticyclone over ...
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PULSES
Festive demand may boost chana prices
Chana (gram) prices are likely to gain momentum ahead of Diwali with demand seen for besan (gram flour) during the festival.“Demand (for chana) is gathering pace in the physical market ahead of the festivals. ...
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SUGAR
Move to release more sugar may pressure prices
Chennai, Oct. 21 The Centre’s move to release additional quota of sugar for sale in the open market this month is likely to put further pressure on sugar prices, sagging already under a production glut, especially in November. “The ...
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TECHNICAL ANALYSIS
Comex gold may correct lower
Comex gold futures fell from the highest in 27 years after crude oil futures declined from a record and the dollar rebounded, reducing the appeal of the precious metal as a hedge against inflation. However, expectations that the Federal ...
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METALS
Gold: Relentless march towards $800/oz-mark seen
As for copper, the focus of analysts is lower. There could be slow drift lower, rather than a sharp descent, they said. Another interesting aspect of the commodities market is the booming prices of raw material for steel. Indian sport iron ore ...
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CASHEW
Cashew exporters’ plea against cut in duty
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TRENDS
Bajaj Hindusthan to pay only Rs 60/quintal for cane
Lower than Centre’s statutory minimum price
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