AGRI-BIZ & COMMODITIES
RICE
Cooperative rice shops mooted
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TEA
Coonoor tea prices up on low offer
Prices rose Rs 1-2 a kg at Sale No: 49 of the auctions of the Coonoor Tea Trade Association (CTTA) here when the demand was adequate to absorb the low volume on offer. For the third consecutive week, the volume was less than 10 lakh ...
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Steady trend at Kochi tea auction
Good general demand propped up the price of high quality CTC dust varieties by Rs 1-2 at the Kochi tea auction. Medium CTC varieties were firm to dearer while price of plainer varieties eased. High grown orthodox dust varieties quoted higher ...
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Firm to dearer trend at Kolkata tea sale
Kolkata, Dec 9 Last week, CTC teas at the three North Indian auction centres at Kolkata, Siliguri and Guwahati met with strong demand with better Assams and Dooars appreciating in value, according to J. Thomas & Company Private Ltd, the ...
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TECHNICAL ANALYSIS
Gold may consolidate, rise higher
Comex gold futures ended lower on Friday, as crude oil prices tumbled and after a robust US jobs report lowered the chance of a large cut in key interest rates by the Federal Reserve next week. Falling energy prices dent gold’s appeal as a ...
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Cotton expected to rise higher
Cotton futures surged higher on speculative buying ahead of a crucial Government report on demand/supply. The US Agriculture Department will release its monthly supply/demand data on Tuesday. The USDA is expected to raise its estimate of the US ...
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WATER
Rs 20 cr for river protection
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FOODGRAINS
Maize prices remain firm despite good arrivals
Coimbatore, Dec 9 Maize prices in domestic market moved up marginally this week and they were quoted at Rs 6,800 per tonne, up by about 1.5 per cent over last week.Pushed by strong demand from poultry sector whose maize consumption ...
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COIR
TN offers good scope for coir industry: Minister
Kochi, Dec. 9 More than 100 foreign delegates and 100 domestic delegates attended the third day of the India International Coir Fair 2007 held at the Jawaharlal Nehru International Stadium in Kochi. Inaugurating the seminar, Mr Pongalur ...
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COCONUT & COPRA
Coconut Board plans farmer rallies
The Coconut Development Board is conducting farmer rallies in selected districts to reinforce the message regarding the goodness of coconut and encourage consumption of tender coconut and coconut oil. The first rally will be held on Tuesday in ...
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SPICES & CONDIMENTS
Turmeric futures set for downward correction
Mumbai, Dec. 9 After hitting an all-time high of Rs 2,733 per quintal, turmeric futures on NCDEX is set for a downward correction in the short term. Prices have firmed from Rs 2,278 per quintal to Rs 2,700 in October. However, turmeric ...
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OUTLOOK
Uniform price for single super phosphate on cards
Likely to be Rs 4,000/tonne; move expected to help industry
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Wheat output likely to dip below 70 mt
Significant fall is in irrigated, high-yielding districts that also grow cane
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Key factors may drive gold to fresh 28-year highs
Uncertainties remain; investors support yellow metal
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