NCDEX Agri Tips for April 29, 2014

DAILY BUZZ

JEERA 

• Jeera prices declined 0.84 per cent to Rs 10,630 per quintal in futures market today as speculators reduced holdings, tracking a weak trend at spot market due to sluggish demand. 

• At the National Commodity and Derivatives Exchange, jeera for delivery in May declined by Rs 90, or 0.84 per cent, to Rs 10,630 per quintal with an open interest of 8,124 lots. 

• Likewise, the spice for delivery in June traded lower by Rs 70, or 0.65 per cent, to Rs 10,765 per quintal in 4,302 lots. 

TURMERIC 

• Turmeric prices rose 0.62 per cent to Rs 7,190 per quintal in futures market today as speculators enlarged positions on pick-up in export demand in the spot market. 

• At the National Commodity and Derivatives Exchange, turmeric for delivery in June rose by Rs 44, or 0.62 per cent, to Rs 7,190 per quintal with an open interest of 5,140 lots. 

• Similarly, the spice for delivery in May traded higher by Rs 40, or 0.57 per cent, to Rs 7,044 per quintal in 9,815 lots. 

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