Monday, 27 May 2013

NCDEX Coriander,Turmeric & Soybean News

NCDEX Coriander-Coriander prices fell by more than 0.75% in the domestic market
Coriander prices fell by more than 0.75 percent in the domestic market as traders booked profits at the higher levels due to decline in the demand in the spot market. Moreover, excess supplies also affected the prices of the commodity in the domestic market. At the NCDEX, Coriander future for June contract was trading at Rs.6730, down by 0.76 per cent after opening at Rs. 6785 against the previous close of Rs. 6782. It touched the intra-day low of Rs. 6640 till the trading
NCDEX Turmeric-Turmeric prices fall around 0.75% on profit booking at higher level
The prices of Turmeric future fell in the domestic market as demand declined in the spot market. Profit booking by the traders at higher levels also affected the prices of the commodity in the domestic market. At the NCDEX, Turmeric future for June contract was trading at Rs.5890, down by 0.74 per cent after opening at Rs. 5924 against the previous close of Rs. 5924. It touched the intra-day low of Rs. 5824 till the trading. 
NCDEX Soybean-Soybean futures slip amid concerns over rising supplies
Soybean futures fell in the domestic market on Today as investors and speculators exited positions in the agri-commodity amid concerns that a normal arrival of monsoons over the soybean growing regions of Central India may boost crop production, leading to higher supplies of soybean. Weak physical demand for soybean in the domestic spot market also exerted downward pressure on prices. At the National Commodity and Derivatives Exchange (NCDEX), Soybean for the June 2013 delivery contract is trading at 3,814 per quintal, down by 0.50 per cent, after opening at Rs 3,818, against a previous close of Rs 3,833. It touched an intraday- low of 3,800.

No comments:

Post a Comment