Monday, 26 May 2014

NCDEX TIPS FOR THE WEEK AS ON MAY 26, 2014

AGRO OUTLOOK
                                                                  DAILY BUZZ
MENTHA OIL

Mentha oil prices fell by 1.08 per cent to Rs 835 per kg in futures trading today as speculators trimmed positions, triggered by higher supplies in the spot markets from producing regions.
 

At the Multi Commodity Exchange, mentha oil for delivery in May declined by Rs 9.10, or 1.08 per cent to Rs 835 per kg in business turnover of 324 lots.
 

Similarly, the oil for delivery in June traded lower by Rs 8.60, or 1.01 per cent to Rs 847 per kg in 220 lots.

CHANA
Chana prices fell by 0.51 per cent to Rs 2,928 per quintal in futures trade today as speculators reduced positions, driven by sluggish demand in the spot market.
 

At the National Commodity and Derivative Exchange, chana for delivery in June declined by Rs15, or 0.51 per cent, to Rs 2,928 per quintal with an open interest of 1,38,710 lots.
 

Similarly, the commodity for delivery in July traded lower by Rs 13, or 0.43 per cent, to Rs 2,995
per quintal in 66,510 lots.






No comments:

Post a Comment