At NCDEX, 487 members (2,166 Users) participated in trading on March 14, 2012 up to 5:00 pm and volumes were Rs 125,261 crore (one-way). There were more than 7,493 trades put through by them. Active trades were high in among others Soya Oil, Rape Mustard Seed, Chana, Soyabean and Pepper. Indian oilseeds and soyoil futures [...]
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 [...]
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 [...]
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 [...]
Castor Seed shows mixed sentiments in today’s trading session as Castor Seed prices at NCDEX, May contract has given an opening at 4995 per quintal and after making intraday high of 5015 it started trading down side and made an intraday low at 4970 and still expected to trade down side. Slackness in demand and [...]
NCDEX May soybean futures ended higher on Tuesday due to short covering after continuous fall in the last 4-5 trading sessions. There is market talk that the India can get soy meal export order from China and firm soybean futures of soybean at CBOT provided support to the bulls. Weekly export inspections report released on [...]
MUMBAI (Commodity Online): Chana futures added some modest gains in the early trading on the NCDEX counter due to the fresh buying activity driven by short supply in the spot market Wednesday. NCDEX chana August contract advanced Rs six at Rs 2,318 a quintal and so far fluctuated between Rs 2,322- 2,309 a quintal. September [...]
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 [...]
