AGRI-BIZ & COMMODITIES
RUBBER
Spot rubber slips further
Buyer resistance kept spot rubber under bear grip on Saturday. RSS 4 lost further to Rs 92 a kg against Rs 92.50 and 93 respectively at Kottayam and Kochi. Spot prices (Rs a kg) were: RSS-4: Rs 92.00 (Rs 92.50); RSS-5: Rs 89.00 (Rs 90.00); ...
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TECHNICAL ANALYSIS
Cotton futures may rise
New York cotton futures ended lower on Friday as the market was trapped in a range and waiting for further clues on the damage to the US crop due to the drought. The active December contract is clearly trapped in a range and preparing itself ...
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INTERVIEW
Downside seen limited for fall in sugar price
Sugar stocks have been in focus after prices fell from $430 to $390 last week. Mr Narendra Murkumbi, Managing Director of Shree Renuka Sugars, says much of the bad news is already in the market and the current sugar prices reflect that. Mr ...
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