Tag Archives: NCDEX

Guar Seed Spurts, NCDEX Rally Expected to Continue

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 … Continue reading

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Castor Seed Looking Bearish in the Short Term

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 … Continue reading

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India copper and gold futures seen higher

Reuters reported that India’s copper futures are likely to extend last week’s gains due to a rise in the overseas markets and as the Indian rupee was trading weak. Copper prices firmed slightly in both London and Shanghai markets while … Continue reading

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NCDEX Turmeric Futures Ends Higher

India’s turmeric futures extended the gains for the third consecutive sessions lead by short covering amid firm spot market demand. Some bargain buying emerged in the spot turmeric and arrivals continued to be lower. This supported turmeric futures to move … Continue reading

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India bans Electricity Futures

India has scrapped the futures trading in the electricity derivatives on account of dismal performance from the traders for the contract, which was traded on the only exchange, Multi-Commodity Exchange (MCX). Read More

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Palm Oil Futures Gain on Soybean Oil

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) … Continue reading

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Maize rise on strong demand

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 … Continue reading

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Sugar Prices Decline

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 … Continue reading

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NCDEX trade volume stands at Rs 35.44 bn

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 … Continue reading

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NCDEX chana expected to rally till 2445

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, … Continue reading

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