NCDEX Agri Tips for March 20, 2014

DAILY BUZZ

JEERA

• Jeera prices rose by 0.30 per cent to Rs 9,940 per quintal in futures trade today as speculators created fresh positions after pick up in demand in spot market.

• Howevever, expectations of higher output this year capped the rise.

• At the National Commodity and Derivatives Exchange, jeera for delivery in March rose by Rs 30, or 0.30 per cent to Rs 9,940 per quintal with an open interest of 345 lots.

• Similarly, the spice for delivery in April traded higher by the same margin to Rs 10015 per quintal in 9864 lots.

• Analysts attributed the rise in jeera futures to pick up in demand in the spot market but expectations of higher output limited the gains.

Research Via provides stock cash tips, Free equity tips, free share tips, stock futures tips, Free Stock Future tips , MCX commodity tips, NCDEX tips, commodity updates ,mcx silver tips, i Forex tips, Forex tips , Bullions tips, bullion tips, Comex gold trading tips, nifty updates, Nifty futures tips, Nifty Future tips, equity trading tips