Chilli futures rose on Friday on fresh buying by the traders due to limited stocks in the spot market. Demand from overseas buyers also increasing for the upcoming festive seasons. At NCDEX Chilli August contract is now trading at Rs.9158 per quintal, higher by 2.60% or Rs.232 against the previous close. The contract traded at high [...]
Do not fall prey to market rumors. Go through all Rules, Bye Laws, Regulations Circulars and directives issued by NCDEX. Do not trade on any product without knowing the risk and rewards associated with it. Study historical and seasonal price movements of the commodity that you wish to deal in the futures market. Do not [...]
AHMEDABAD: The government move to lift the fouryear-old ban on wheat export is unlikely to make a major impact on domestic prices as Indian prices are not at parity with global prices. Traders feel that the best parity in export of wheat will come for Rajkot traders where the prices are ruling at Rs 1,100 [...]
MUMBAI (Commodity Online): Jeera futures gained for the third consecutive trading session Lead by strong demand against the reduced arrivals. Arrivals in the domestic market have started to decline gradually due to ending season. As per market sources, the total production of jeera in the current season is likely to be around 21 lakh bags (1 [...]
Prices of sugar free potato were down in Delhi on steady to weak demand these days. “Potato is expected to remain weak in short run as selling activity is running on less than regular demand in spot market. Technically selling is expected to continue in potato in futures also,” said Anil Patadia, commodity analyst with Commodity [...]
In an effort to boost trade volumes in non-agricultural commodities, the NCDEX has lowered transaction fee’s for members. The NCDEX said that the new fee’s will take effect May 6, 2011, members would have to pay a transaction charge of Rs 2 per Rs 1,00,000 of turnover if their average daily business is within Rs [...]
Fresh buying support has buoyed Maize futures today, making the commodity extend its gains after a smart up move in the last week. The NCDEX Maize Industrial futures prospered today. The Jun 11 contract trades at1270.5 Rs./Quintal, after hitting a high of 1273 Rs./Quintal. The contract edged up by Rs 35 or 2.83% during the [...]
Guar seed June contract opened higher by Rs 8 on NCDEX today. Guar seed traded strong following Guar gum during trading session. Prices are expected to remain strong on positive sentiments for short run. June contract is expected to take support near 3240. “Guar is expected to remain bullish technically,” said Anil Patadia, commodity analyst [...]
On the NCDEX, major May contract agri commodities exhibited a mixed trend Tuesday. Pepper gained weight while turmeric dropped. Palm oil on MCX traded on a negative node. Pepper settled at Rs 29358/quintal due to a squeeze in local supplies and lower stocks. It touched a high of Rs.29492 and a low of Rs.28495. Unseasonal [...]
NCDEX Maize Aug contract opened up at 1081 per quintal vs. previous close of 1079.6 made an intraday low at 1081 and rose because of. Maize prices went up in spot market because of good demand from poultry feed and starch manufacturers. Stockists also release their stocks in lower quantities hoping further price rise. The [...]
