NCDEX Agri Tips for March 31, 2014

DAILY BUZZ

CHANA

• Chana prices moved down by 0.46 per cent to Rs 3,276 per quintal in futures trading today as speculators booked profits at prevailing higher levels driven by subdued demand in the spot market.

• At the National Commodity and Derivative Exchange, chana for delivery in April declined by Rs 15, or 0.46 per cent to Rs 3,276 per quintal with an open interest of 60,930 lots.

• Likewise, the commodity for delivery in May contract traded lower by Rs 15, or 0.45 per cent to Rs 3,333 per quintal in 49,720 lots.

TURMERIC

• Turmeric prices fell by 1.80 per cent to Rs 6,220 per quintal in futures market today as speculators trimmed positions, tracking sluggish demand in spot market.

• At the National Commodity and Derivatives Exchange, turmeric for delivery in April fell by Rs 114, or 1.80 per cent to Rs 6,220 per quintal with an open interest of 14,295 lots.

• Similarly, the spice for delivery in May lost Rs 100, or 1.56 per cent to Rs 6,310 per quintal in 7165 lots.

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