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 [...]
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 [...]
Palm oil futures advanced for the second day after rival soybean oil climbed and demand climbed from Asian nations including India and China as the countries celebrate festivals. The November-delivery contract added 0.5 percent to end at 2,542 ringgit ($806) a metric ton on the Malaysia Derivatives Exchange. Futures lost 6.4 percent last week, the [...]
Sept. 9 (Bloomberg) — Sugar mills in India, facing a shortage for a second year, may resume imports after global prices plunged 14 percent in the past week, the country’s second-biggest producer said. Raw-sugar futures for October delivery declined 3.4 percent yesterday to 20.87 cents a pound on ICE Futures U.S. in New York, the [...]
