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Friday, January 30, 2015

NCDEX AGRI COMMODITY NEWS UPDATE BARLEY 30 - JAN - 2015



Barley prices closed lower by 0.08 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 April 2015 contract closed at Rs. 1,230.5 per quintal, down by 0.08 per cent, after opening at Rs. 1,235 against the previous closing price of Rs. 1,231.5. Visit Here

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NCDEX AGRI COMMODITY NEWS UPDATE RM SEED 30 - JAN - 2015


Rmseed trading range for the day is 3265-3361.
Mustard seed dropped on easing fear of lower supply following favourable weather condition for the crop in domestic market.
Once the rains recede, markets are likely to pick up as demand for Mustard Oil remains strong in Indian markets.
NCDEX accredited warehouses mustard seed stocks dropped by 1373 tonnes to 6694 tonnes.


In the Alwar spot market in Rajasthan the price dropped -51.5 rupee to 3919 rupees per 100kgs.Visit Here

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NCDEX AGRI COMMODITY NEWS UPDATE MAIZE 30 - JAN - 2015


Maize trading range for the day is 1154-1194.
Maize prices ended with gains tracking firmness in spot demand amid short covering.
South African maize farmers are estimated to have planted 2.656 million hectares for the 2015 season, down 1.2 percent.
NCDEX accredited warehouses maize stocks gained by 53 tonnes to 16709 tonnes.


In Nizamabad maize prices gained 1.25 rupee to end at 1249.25 rupees per 100 kg.Visit Here

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NCDEX AGRI COMMODITY NEWS UPDATE CRUDE PALM OIL 30 - JAN - 2015


CPO trading range for the day is 414.8-434.6.
Crude palm oil prices dropped tracking weakness in spot demand and weak demand in global market.
Price of the oil were also under pressure on higher supply after India CPO imports rose 12.58% to 778,815 tons in December.
Malaysia palm oil exports fell to 886,189 in Jan 1-25 compared to 1.07 million tons for the same period a month ago.


Crude palm oil prices in spot market dropped by 3.70 and settled at 424.20 rupees.Visit Here

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NCDEX AGRI COMMODITY NEWS UPDATE REF SOYA OIL 30 - JAN - 2015


Ref.Soya oil trading range for the day is 603-619.
Ref soyoil ended with losses as pressure seen after Oil World trimmed estimates for Indian meal crushing demand.
In its report Oil World estimated India soybean crushing at 680,000‐730,000 tons in the current season as against 2012-13 record level of 920,000 tons
To safeguard the interest of consumers, the SEA has urged the Centre and various state governments, to discourage the sale of loose edible oil.


At the Indore spot market in Madhya Pradesh, soyoil was steady at 637.5 rupees per 10 kgs.Visit Here

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NCDEX AGRI COMMODITY NEWS UPDATE JEERA 30 - JAN - 2015



Jeera trading range for the day is 14130-15080.
Jeera prices ended with losses due to lower demand in the spot market.
Further, increased arrivals from producing regions and expectations of higher production reports also weighed on prices.
NCDEX accredited warehouses jeera stocks gained by 864 tonnes to 8487 tonnes.
In Unjha, a key spot market in Gujarat, jeera edged down by -54.05 rupees to end at 15435 rupee per 100 kg.

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NCDEX AGRI COMMODITY NEWS UPDATE TURMERIC 30 - JAN - 2015


Turmeric trading range for the day is 8058-8418.
Turmeric prices gained tracking a firm trend at spot market on rising demand in the spot market.
The new crop has now hit the markets in Maharashtra, Andhra Pradesh and Karnataka.
NCDEX accredited warehouses turmeric stocks gained by 242 tonnes to 530 tonnes.


In Nizamabad, a major spot market in AP, the price ended at 7655.6 rupees remains unchanged at0 rupees.Visit Here

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NCDEX AGRI COMMODITY NEWS UPDATE CHANA 30 - JAN - 2015



Chana trading range for the day is 3321-3473.
Chana prices gained as support seen due to lower sowing reports from the major producing belts.
Domestic demand for chana is weak in local mandis as the quality available is of inferior variety.
NCDEX accredited warehouses chana stocks gained by 122 tonnes to 36276 tonnes.
In Delhi spot market, chana gained by 37.5 rupee to end at 3445.6 rupee per 100 kgs.

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