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Monday, September 22, 2014

AGRI COMMODITY NEWS UPDATE DHANIYA 22 - SEP - 2014




Coriander prices fell by 0.66 per cent on Monday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the adequate stocks availability in the physical market put pressure on coriander prices. At the NCDEX, coriander futures for October 2014 contract were trading at Rs. 11,516 per quintal, down by 0.66 per cent, after opening at Rs. 11,575 against the previous closing price of Rs. 11,593.Visit Here

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AGRI COMMODITY NEWS UPDATE CARDAMOM 22 - SEP - 2014




Cardamom prices fell by 0.01 per cent on Monday at the Multi Commodity Exchange (MCX) due to the adequate stocks availability in the physical market on account of higher supply from the producing belts of Chandausi in Uttar Pradesh. At MCX, Cardamom futures for October 2014 contract were trading at Rs. 888 per kg, down by 0.01 per cent, after opening at Rs. 889 against the previous closing price of Rs. 888.10. Visit Here

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AGRI COMMODITY NEWS UPDATE MENTHA OIL 22 - SEP - 2014


Menthaoil trading range for the day is 668.7-688.9.
Menthaoil spot is at 768/-. Spot market is up by Rs. 3/-.
Mentha oil prices ended with gains tracking a firm trend at spot market on rising demand from consuming industries.
Higher stocks too prevented any strong upsurge in prices even as sources point to some improved demand in coming days.


At Sambhal market total arrivals are at 50 Drums(1-drum=180kg), steady as against previous day’s arrival.Visit Here

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AGRI COMMODITY NEWS UPDATE SOYABEAN 22 - SEP - 2014


Soyabean trading range for the day is 3046-3246.
Soyabean ended with losses as pressure seen due to improved Indian crop expectations and weakness in International markets.
The sharp fall in prices has been attributed to a record output during 2013-14 in the US, Brazil and Argentina.
Arrivals of soyabean in Madhya Pradesh state gained by 20000 bags of 100kg each to 30000 bags of 100kg each.


At the Indore spot market in top producer MP, soybean dropped -65 rupee to 3483 rupee per 100 kgs.Visit Here

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AGRI COMMODITY NEWS UPDATE HALDI 22 - SEP - 2014


Turmeric trading range for the day is 5774-6018.
Turmeric ended with losses weighed by large carry-forward stocks and weak exports.
However downside seen limited on concerns about the quality of the crop due to delayed rains.
NCDEX accredited warehouses turmeric stocks dropped by 195 tonnes to 1433 tonnes.


In Nizamabad, a major spot market in AP, the price ended at 5966.65 rupees dropped -50 rupees.Visit Here

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AGRI COMMODITY NEWS UPDATE JEERA 22 - SEP - 2014


Jeera trading range for the day is 10540-10840.
Jeera prices dropped on prospects of higher sowing in the upcoming season due to good rainfall in top producing Gujarat state.
Area under jeera in Gujarat was reported at 455,000 ha as against 335,200 ha last year while about 390,000 ha were sown in Rajasthan.
NCDEX accredited warehouses jeera stocks gained by 21 tonnes to 264 tonnes.


In Unjha, a key spot market in Gujarat, jeera edged down by -43.75 rupees to end at 10781.25 rupee per 100 kg.Visit Here

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AGRI COMMODITY NEWS UPDATE REF SOYA OIL 22 - SEP - 2014


Ref.Soya oil trading range for the day is 593-603.
Ref soyoil ended with losses due to weak export demand for soymeal.
India's vegetable oil imports in August, including non-edible oils, hit a record at 1.3 million tonnes, data showed.
India imported 12,135 tonnes of non-edible oils in August, the Solvent Extractors' Association of India data showed.


At the Indore spot market in Madhya Pradesh, soyoil was steady at 643.7 rupees per 10 kgs.Visit Here

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AGRI COMMODITY NEWS UPDATE CRUDE PALM OIL 22 - SEP - 2014


CPO trading range for the day is 453.3-465.7.
Crude palm oil dropped following losses in vegetable oil markets overseas with investors bracing for forecasts of bigger global oilseed supplies.
Imports of CPO has surged 69.30% in August, boosting supplies, data from Solvent Extractors Association.
India's crude palm oil imports jumped to 640,072 tons in August compared to 378,662 tons for the same period a year ago, data showed.
Crude palm oil prices in spot market dropped by 1.80 and settled at 468.90 rupees.


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