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Friday, October 31, 2014

AGRI COMMODITY NEWS UPDATE MENTHA OIL 31 - OCT - 2014


Menthaoil trading range for the day is 678.4-701.4.
Menthaoil spot is at 773/-. Spot market is up by Rs.3/-.
Menthaoil settled up amid tight stocks position in the physical market following restricted arrivals from the major producing belts.
Besides, good demand from consuming industries too supported mentha oil prices uptrend.


At Bareilly market estimated market supply was at 12 Drums(1-drum-180kg), up by 4 Drums(1-drum-180kg) as compared to previous day.Visit Here

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AGRI COMMODITY NEWS UPDATE SOYABEAN 31 - OCT - 2014


Soyabean trading range for the day is 3183-3411.
Soyabean settled flat on profit booking after prices gained in anticipation of lower supplies of the crop in the global market
Indian government cut its estimates for soybean 2014-15 output to 11.82 million tons compared to forecast of 11.99 million tons.
Indian soybean acreage fell by 10% to 11 million hectare due to late and weak monsoon in major bean producing states.


At the Indore spot market in top producer MP, soybean gained 110 rupee to 3258 rupee per 100 kgs.Visit Here

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AGRI COMMODITY NEWS UPDATE HALDI 31 - OCT - 2014


Turmeric trading range for the day is 6050-6434.
Turmeric prices gained as falling stocks amidst pick up in export and domestic demand supported the prices.
Improved sowing and higher productivity prospects for the crop sown a few months back had limited any strong recovery.
NCDEX accredited warehouses turmeric stocks gained by 20 tonnes to 1981 tonnes.


In Nizamabad, a major spot market in AP, the price ended at 6119.45 rupees gained 33.35 rupees.Visit Here

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AGRI COMMODITY NEWS UPDATE REF SOYA OIL 31 - OCT - 2014


Ref.Soya oil trading range for the day is 590-614.
Ref soyoil ended with losses tracking weakness in spot demand amid profit booking after prices gained in last few sessions.
Indian government's plans to hike import duty on both crude and refined vegetable oils by more than 5%.
India's soyoil imports are expected to drop in 2014/15, as the world's top importer is set to harvest a bumper soybean crop.
At the Indore spot market in Madhya Pradesh, soyoil was steady at 608.8 rupees per 10 kgs.Visit Here
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AGRI COMMODITY NEWS UPDATE MUSTARD SEED 31 - OCT - 2014



Mustard Seed prices closed lower by 0.11 per cent on Thursday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the profit booking by the traders on account of the weak crushing and export demand of mustard meal. At the NCDEX, Mustard Seed futures for November 2014 contract closed at Rs. 3,733 per quintal, down by 0.11 per cent, after opening at Rs. 3,754 against the previous closing price of Rs. 3,737.Visit Here
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AGRI COMMODITY NEWS UPDATE BARLEY 31 - OCT - 2014



Barley prices closed lower by 0.35 per cent on Thursday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the investors booked profits at the higher on account of the weak physical markets and also due to the fall in the demand from beer and cattle-feed makers. At the NCDEX, barley futures for November 2014 contract closed at Rs. 1,585 per quintal, down by 0.35 per cent, after opening at Rs. 1,591.5 against the previous closing price of Rs. 1,590.5.Visit Here

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AGRI COMMODITY NEWS UPDATE JEERA 31 - OCT - 2014



Jeera prices closed higher by 0.66 per cent on Thursday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the investors increased their holdings in the commodity in the midst limited arrivals from growing regions. At the NCDEX, jeera futures for November 2014 contract closed at Rs. 11,450 per quintal, up by 0.66 per cent, after opening at Rs. 11,340 against the previous closing price of Rs. 11,375. Visit Here

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AGRI COMMODITY NEWS UPDATE MAIZE 31 - OCT - 2014



Maize prices closed higher by 0.45 per cent on Thursday 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 November 2014 contract closed at Rs. 1,123 per quintal, up by 0.45 per cent, after opening at Rs. 1,118 against the previous closing price of Rs. 1,118. Visit Here

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