Agro Outlook
D A I L Y B U Z Z
Marketmen said rise in price in international markets, supported by low supply and rising domestic demand mainly improved the sentiment here in futures trade.
At the National Commodity and Derivatives Exchange, soybean for October gained Rs 72, or 2.20 per cent, to Rs 3,350 per quintal, with an open interest of 84,850 lots.
Prices for November contract also spurted by Rs 66.50, or 2.02 per cent, to Rs 3,360 per quintal, clocking an open interest of 86,060 lots.
Mentha oil prices were up Rs 6.50 to Rs 859 per kg in futures trade today as speculators enlarged positions, driven by a rising demand in the spot market against restricted arrivals from producing belts.
At the Multi Commodity Exchange, mentha oil for delivery in August month rose by Rs 6.50, or 0.76 percent, to Rs 859 per kg in business turnover of 244 lots.
Similarly, the oil for delivery in September moved up by Rs 6.50, or 0.75 per cent, to Rs 874.80 per kg in 214 lots.
In a similar fashion, the spice for delivery in October traded higher by Rs 2.70, or 0.34 per cent, to Rs 791 per kg in 30 lots.
No comments:
Post a Comment