RESEARCHVIA ~ TODAY'S COMMODITY UPDATES - NCDEX TIPS FOR TODAY 24.Oct.2013

Agro Outlook

D A I L Y

B U Z Z

Jeera prices gained 0.73 per cent to Rs 12,727.50 per quintal in futures trading today as speculators enlarged their positions, driven by rising demand in the spot market amid lower arrivals from producing regions.

At the National Commodity and Derivatives Exchange, jeera for delivery in November month gained Rs 92.50, or 0.73 per cent, to Rs 12,727.50 per quintal with an open interest of 10,173 lots.

Similarly, the spice for delivery in December traded up by Rs 82.50, or 0.64 per cent, to Rs 12,930 per quintal in 3,042 lots.

Turmeric prices rose 1.52 per cent to Rs 4,954 per quintal in futures market today as speculators enlarged positions on the back of export demand.

At the National Commodity and Derivatives Exchange, turmeric for delivery in December rose by Rs 74, or 1.52 per cent, to Rs 4,954 per quintal with open interest of 7,935 lots.

Likewise, the spice for delivery in November went up by Rs 56, or 1.17 per cent, to Rs 4,848 per quintal in 14,690 lots.

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