NCDEX Agri Tips for March 25, 2014

DAILY BUZZ

REFINED SOYA OIL

• Supported by rising spot demand against lower arrivals from producing regions, refined soya oil prices rose by 0.44 per cent to Rs 705.85 per 10 kg in futures trading today as speculators created fresh positions.

• At the National Commodity and Derivatives Exchange, refined soya oil for delivery in May rose by Rs 3.10, or 0.44 per cent, to Rs 705.85 per 10 kg with an open interest of 1,13,220 lots.

• Likewise, the oil for delivery in April edged up by Rs 2.40, or 0.34 per cent, to Rs 714 per 10 kg in 84,620 lots.

CARDAMOM

• Cardamom prices rose 1.23 per cent to Rs 896 per kg in futures trade today as speculators created fresh positions, driven by pick-up in demand in the spot market.

• At the Multi Commodity Exchange, cardamom for delivery in May rose by Rs 10.90, or 1.123 per cent, to Rs 896 per kg in business turnover of 204 lots.

• Likewise, the spice for delivery in April gained Rs 10.10, or 1.17 per cent, to Rs 874.80 per kg in 585 lots.

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