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Thursday, March 05, 2015

NCDEX AGRI COMMODITY NEWS UPDATE CRUDE PALM OIL 05- MARCH - 2015

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CPO trading range for the day is 456.8-470.4.
Crude palm oil prices ended with losses tracking weakness in spot demand and overseas prices.
Prices seen supported on improvement in demand from Malaysia after the government announced that Malaysia will consume 1.2 million tons.
India's palm oil imports in January dropped more than a fifth from a month earlier to 658,670 tonnes.


Crude palm oil prices in spot market dropped by 0.70 and settled at 458.00 rupees.Visit Here

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NCDEX AGRI COMMODITY NEWS UPDATE REF SOYA OIL 05- MARCH - 2015

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Ref.Soya oil trading range for the day is 582-598.
Ref soyoil ended with losses tracking weakness in spot demand and overseas prices.
India's soyoil imports jumped to 224,430 tons in January compared to 174,236 tons for the same period a year ago.
India soybean oil imports jumped 28.80% in January after local demand of edible oils rose due to lack of domestic crushing.


At the Indore spot market in Madhya Pradesh, soyoil was steady at 602.1 rupees per 10 kgs.Visit Here

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NCDEX AGRI COMMODITY NEWS UPDATE HALDI 05- MARCH - 2015

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Turmeric trading range for the day is 8266-8542.
Turmeric prices ended with gains on some buying support after prices dropped on lower exports and higher carry-forward stocks.
The productivity stands low despite an increase in acreage due to a continuous dry spell in the region.
NCDEX accredited warehouses turmeric stocks gained by 88 tonnes to 2154 tonnes.


In Nizamabad, a major spot market in AP, the price ended at 8034.8 rupees remains unchanged at0 rupees.Visit Here

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NCDEX AGRI COMMODITY NEWS UPDATE SOYABEAN 05- MARCH - 2015

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Soyabean trading range for the day is 3350-3394.
Soyabean prices dropped on profit booking after seen supported on improvement in demand for the bean from oil crusher in domestic market.
World soybean supplies in 2014-2015 at 312 mln tons Vs 284 mln tons the previous year.
Farmers are not bringing their produce to the market as they are not getting desired prices.


At the Indore spot market in top producer MP, soybean remains unchanged at 0 rupee to 3388 rupee per 100 kgs.Visit Here

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NCDEX AGRI COMMODITY NEWS UPDATE MENTHA OIL 05- MARCH - 2015

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Menthaoil trading range for the day is 788.3-820.1.
Menthaoil spot is at 892/-. Spot market is up by Rs.9/-.
Mentha oil prices ended with gains due to fresh demand by traders also supported by lower arrival in the domestic market.
Mentha oil arrival in various markets was 965 drums which were down by 379 drums from last week.


Farmers are preparing field for new crop in major regions of Uttar Pradesh, Bihar and Haryana.Visit Here

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NCDEX AGRI COMMODITY NEWS UPDATE BARLEY 05 - MARCH - 2015

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Barley prices closed higher by 0.91 per cent on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of strong demand from beer and cattle-feed making industries against restricted supply in physical markets. At the NCDEX, barley futures for April 2015 contract closed at Rs. 1,166 per quintal, up by 0.91 per cent, after opening at Rs. 1,153 against the previous closing price of Rs. 1,155.5.Visit Here

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NCDEX AGRI COMMODITY NEWS UPDATE JEERA 05 - MARCH - 2015

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Jeera prices closed lower by 2.95 per cent on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) on account of a surge in the supply from the producing regions in the midst of a decline in the export demand. At the NCDEX, jeera futures for March 2015 contract closed at Rs. 14,485 per quintal, down by 2.95 per cent, after opening at Rs. 14,900 against the previous closing price of Rs. 14,925. Visit Here

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NCDEX AGRI COMMODITY NEWS UPDATE MAIZE 05 - MARCH - 2015

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Maize prices closed higher by 1.03 per cent on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of a rise in the demand from exporters and poultry industries. At the NCDEX, maize futures for April 2015 contract closed at Rs. 1,272 per quintal, up by 1.03 per cent, after opening at Rs. 1,260 against the previous closing price of Rs. 1,259.Visit Here

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