Archive for August, 2009

NCDEX trade volume stands at Rs 35.44 bn

Wednesday, August 26th, 2009

The daily turnover volume at the National Commodity and Derivative Exchange (NCDEX) stood at Rs 35.44 billion (one-way). There were 438 members (1,978 users) participated in trading on Aug 26, 2009 up to 5:00 p.m. There were more than 87,802 trades put through by them. Active trades were witnessed in Guar Seed, Chana, Soya Oil, [...]

Pepper Futures Rise

Wednesday, August 26th, 2009

Aug 26 Pepper futures prices rose by 1.56 per cent on the National Commodity and Derivatives Exchange today as traders indulged in increasing their positions to meet the coming marriage season demand.Pepper for November contract rose by 1.56 per cent to Rs 15,495 per quintal, clocking an open interest in 260 lots.    Read More

NCDEX chana expected to rally till 2445

Tuesday, August 25th, 2009

Chana settled lower on Saturday after protest from the trade section the Rajasthan state government has raised the stock limit on pulses to 1,000 quintal against the earlier set 200 quintal. The leading pulses growing states such as Maharashtra, Rajasthan, Andhra Pradesh and Gujarat have imposed stock limits to check hoarding. Chana gained Rs 9.00 [...]

India May Ban Corn Exports on Drought

Tuesday, August 25th, 2009

India may have to ban corn exports for a second season to boost local supplies as the crop wilts under the driest monsoon in seven years, a lobby group for U.S. producers said. “A ban is a real possibility if prices rise further,” Amit Sachdev, India representative of the U.S. Grains Council. Read More

India Sugar Prices, Trading – Production Boost

Tuesday, August 18th, 2009

India Sugar Mills Agree to Boost Supplies India, importing sugar for the first time in three years, said mills agreed to boost the availability to cool record prices, Farm Minister Sharad Pawar said. The mills are “ready to find some solution where we will be able to improve availability in the open market and in [...]

Shree Renuka Buys stake in NCDEX

Tuesday, August 18th, 2009

Shree Renuka Sugars said on Tuesday it has received an approval from the commodity market regulator, Forward Market Commission, for buying 5 percent in National Commodity & Derivatives Exchange Ltd. NCDEX

India Copper Futures

Tuesday, August 18th, 2009

Copper futures