Friday, 18 April 2014

NCDEX Agri Tips for April 21, 2014

DAILY BUZZ
CORIANDER 
  • Coriander prices rose by 0.67 per cent to Rs 9,635 per quintal in futures trade today as speculators created fresh positions on rising demand in the spot market against restricted arrivals from producing belts. 
  • At the National Commodity and Derivative Exchange, coriander for delivery in May rose by Rs 64, or 0.67 per cent, to Rs 9,635 per quintal with an open interest of 42,020 lots. 
  • Similarly, the spice for delivery in June gained Rs 59, or 0.60 per cent, to Rs 9,836 per quintal in 27,030 lots. 
TURMERIC 
  • Turmeric prices moved down by 1.35 per cent to Rs 6,556 per quintal in futures market as speculators booked profits after fall in demand at prevailing levels in the spot market. 
  • However, reports of rain damaging the crop in growing areas of South India restricted the fall. 
  • At the National Commodity and Derivatives Exchange, turmeric for delivery in May fell by Rs 90, or 1.35 per cent, to Rs 6,556 per quintal with an open interest of 12,565 lots. 
  • Likewise, the spice for delivery in April lost Rs 78, or 1.18 per cent, to Rs 6,525 per quintal in 12,565 lots. 

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