D A I L Y B U Z Z
round selling by traders in line with weak physical market sentiment.
Marketmen said increased supply and reduced offtake in physical markets mainly led the fall
here in futures markets.
At the National Commodity and Derivatives Exchange, chilli prices for far October month slided
by Rs 102, or 1.69 per cent, to Rs 5,928 per quintal, clocking an open interest of 955 lots.
Most active July month contract prices also tumbled by Rs 72, or 1.28 per cent, to Rs 5,536 per
quintal, having an open interest of 13,715 lots.
Chana futures were trading higher on Monday on hopes of an improvement in demand from
millers at lower prices, though plentiful of rains in the kharif pulses-cultivating regions and
higher-than-expected spot supplies restricted the upside.
The July chana contract was up 0.22 percent at 3,257 rupees per 100 kg on the National
Commodity and Derivatives Exchange (NCDEX) at 0920 GMT.
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