Financial Daily from THE HINDU group of publications
Sunday, November 03, 2002
Agri Prices (Nov. 2)
Sugar S301201 (1211)
Palm oil368 (364)
Ground oil ready455 (447)
Coconut oil ready5175 (5075)
Pepper garbled ready10100 (10200)

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AGRI-BIZ & COMMODITIES

TECHNICAL ANALYSIS


Indications positive for palm oil
MALAYSIAN crude palm oil futures on MDEX closed higher on Friday mainly due to overnight rises in Chicago soya oil markets and short covering ahead of the Diwali holiday next week. Soya oil seems to be leading the rally and that has ... More

LEATHER


Festivals fail to light up leather trade
BRISK trading by manufacter-exporters of leather and leather products, normally witnessed during the festival season starting with Diwali, is totally lacking this year. Though demand for all kinds of leather continues, not much business is ... More

PRECIOUS METALS


Banks allowed to take up forward trading in gold
IN what is seen as a possible first step in opening up the Indian bullion market, all scheduled commercial banks authorised to deal in gold have been permitted to enter into forward contracts with their constituents (exporters of gold products, ... More
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Oct. 27-Nov. 2
Riga Sugar expansion plan put on freeze

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