Financial Daily from THE HINDU group of publications
Sunday, December 22, 2002
Agri Prices (Dec 21)
Sugar S-301168 (1170)
Palm oil386 (386)
Ground ready482 (484)
Coconut oil ready5575 (5500)
Pepper garbled ready8400 (8600)

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AGRI-BIZ & COMMODITIES

TECHNICAL ANALYSIS


Bully rally in palm oil may end
MALAYSIAN crude palm oil futures on MDEX closed lower but off lows. Bullish data from Private forecaster Mr Ivan Wong still continues to hold the market off lows. He put Malaysia's palm oil output for December at 945,000-950,000 tonnes versus ... More

LEATHER


Outlook gloomy for leather
THE overall market situation is gloomy and not good. Before Christmas and the start of New Year, usually, there is a good domestic demand for different types of finished leather for making products mainly footwear and leather goods. But that is ... More

SILK


Central Silk Board hails move
THE directive by the Designated Authority of the Directorate-General of Anti-Dumping (DGAD) to levy an additional duty on Chinese raw silk is expected to lift the domestic silk prices. Industry sources said the latest move is expected to have a ... More

Dumping duty on raw silk imports recommended
THE Designated Authority in the Commerce Ministry has recommended imposition of provisional anti-dumping duty on imported mulberry raw silk (not thrown) from China, even as import of raw silk has been liberalised, increasing the availability of ... More

AGRICULTURAL POLICY


India to gain from EU's agri proposals
THE European Union's (EU) agricultural proposals for the WTO negotiations would benefit developing countries like India as it addresses New Delhi's key concerns in the Doha Development Agenda relating to "implementation issues" including ... More
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Dec. 15-Dec. 21
Gold poised higher

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