Thursday, 23 January 2014

REVIA ~ NCDEX TIPS FOR TODAY 23/JAN/2014

Agro Outlook
D A I L Y
B U Z Z


CORIANDER
Amid rising domestic demand and restricted arrivals from producing regions, coriander prices rose by 1.87 per cent to Rs 9,468 per quintal in futures trade today as speculators enlarged positions.

At the National Commodity and Derivative Exchange, coriander for delivery in April rose by Rs 174, or 1.87 per cent, to Rs 9,468 per quintal with an open interest of 21,560 lots. Similarly, spice for delivery in February moved up by Rs 111, or 1.32 per cent, to Rs 8,547 per quintal in 34,310 lots.


JEERA
Jeera prices slipped by 0.53 per cent to Rs 12,680 per quintal in futures market today as speculators trimmed positions on sluggish demand in the spot market against adequate supplies.

At the National Commodity and Derivatives Exchange, jeera for delivery in March slipped by Rs 67.50, or 0.53 per cent, to Rs 12,680 per quintal with an open interest of 7,284 lots. Likewise, spice for delivery in April traded lower by Rs 62.50, or 0.49 per cent, to Rs 12,757.50 per quintal in 2,301 lots.


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