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Tuesday, September 02, 2014

AGRI COMMODITY NEWS UPDATE MUSTARD SEED 02 - SEP - 2014



Mustard Seed prices closed lower by 0.9 per cent on Monday 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 September 2014 contract closed at Rs. 3,535 per quintal, down by 0.9 per cent, after opening at Rs. 3,545 against the previous closing price of Rs. 3,567. Visit Here

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AGRI COMMODITY NEWS UPDATE MAIZE 02 - SEP - 2014



Maize prices ended lower by 0.7 per cent on Monday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of heavy selling activity by the traders on account of higher global supplies and weak offtakes from the local buyers. At the NCDEX, maize futures for September 2014 contract closed at Rs. 1,131 per quintal, down by 0.7 per cent, after opening at Rs. 1,139 against the previous closing price of Rs. 1,139.Visit Here

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Monday, September 01, 2014

EQUITY TIPS FREE TRIAL




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AGRI COMMODITY NEWS UPDATE MENTHA OIL 01 - SEP - 2014


Menthaoil trading range for the day is 232.2-232.2.
Menthaoil spot is at 760/-. Spot market is down by Rs.5/-.
Mentha oil gained amid tight stocks position in the physical market due to restricted arrivals from producing belts.
Further, rising demand from consuming industries in the spot market too supported prices.
The production of mentha oil is estimated at about 50,000 to 60,000 tons, whereas last year this figure was 38,000 to 42,000 tons.


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AGRI COMMODITY NEWS UPDATE SOYABEAN 01 - SEP - 2014


Soyabean trading range for the day is 3281-3407.
Soyabean ended with gains on improved demand in global market despite of favorable weather conditions in growing areas of central India.
However, the prices will remain under pressure as there has been some good sowing progress coupled with bearish US markets.
India's soymeal exports slumped to 93,000 ton in Apr-Jul from 518,000 ton a year ago as US, Brazil, and Argentina are offering meal at cheaper rates


At the Indore spot market in top producer MP, soybean gained 5 rupee to 3762 rupee per 100 kgs.Visit Here

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AGRI COMMODITY NEWS UPDATECHANA 01 - SEP - 2014


Chana trading range for the day is 2866-2970.
Chana prices gains due to short covering amid pickup in spot market demand ahead of festivals and limited supplies from the major producing belts.
However upside seen limited due to production prospects improved with the monsoon rains.
NCDEX accredited warehouses chana stocks dropped by 1139 tonnes to 114899 tonnes.


In Delhi spot market, chana gained by 7.8 rupee to end at 2923.1 rupee per 100 kgs.Visit Here

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AGRI COMMODITY NEWS UPDATE HALDI 01 - SEP - 2014


Turmeric trading range for the day is 6594-6906.
Turmeric prices ended with gains as a delay in sowing due to late monsoon rains have raised concerns about lower production.
Besides, limited inventories in the physical market on account of restricted supplies from producing regions too supported turmeric prices.
Sowing of Turmeric in AP for the 2014-15 season is reported at 0.075 lakh ha, as against 0.08 lakh ha last year and a normal sowing of 0.09 lakh ha.


In Nizamabad, a major spot market in AP, the price ended at 6376.25 rupees gained 73.65 rupees.Visit Here

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AGRI COMMODITY NEWS UPDATE JEERA 01 - SEP - 2014


Jeera trading range for the day is 11155-11375.
Jeera settled flat as prices seen under pressure as demand was weak in the spot market and buying interest was low.
Area under jeera in Gujarat was reported at 455,000 ha while about 390,000 ha were sown in Rajasthan.
NCDEX accredited warehouses jeera stocks gained by 18 tonnes to 291 tonnes.


In Unjha, a key spot market in Gujarat, jeera edged down by -83 rupees to end at 11150 rupee per 100 kg.Visit Here

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