Saturday, 15 February 2014

NCDEX Tips for February 17, 2014

D A I L Y B U Z Z


CARDAMOM

  • Cardamom prices rose 0.89 per cent to Rs 700 per kg in futures trading today as speculators enlarged positions on a firm trend at spot market.
  • At the Multi Commodity Exchange, cardamom for delivery in February rose Rs 6.20, or 0.89 per cent, to Rs 700 per kg in a business turnover of just one lot.
  • Likewise, spice for delivery in March edged higher by Rs 2, or 0.25 per cent, to Rs 801 per kg in 231 lots.

CRUDE PALM OIL

  • Crude palm oil extended gains for the second straight day with prices rising 1.40 per cent to Rs 563.80 per 10 kg in futures trade today after speculators created positions amid strong demand in the spot markets.
  • At the Multi Commodity Exchange, crude palm oil for delivery in March shot up by Rs 7.80, or 1.40 per cent, to Rs 563.80 per 10 kg in a business turnover of 428 lots. Similarly, oil for delivery in February moved up by Rs 7.50, or 1.35 per cent, to Rs 562 per 10 kg in 248 lots.

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