Agro Outlook
Chana prices dropped 1.50 per cent to Rs 2,895 per quintal in futures trade today as speculators trimmed positions amid weak domestic demand against higher supplies from producing regions.
At the National Commodity and Derivative Exchange, chana for delivery in July fell Rs 44, or 1.50 per cent, to Rs 2,895 per quintal with an open interest of 1,08,940 lots.
The commodity for delivery in June lost Rs 42, or 1.46 per cent, to Rs 2,826 per quintal in 88,400 lots.
REFINED SOYA OIL
Refined soya oil prices fell by 0.84 per cent to Rs 651.50 per 10 kg in futures trade today as speculators booked profits at prevailing higher levels, driven by subdued demand in the spot market.
Adequate stocks position in spot market further fuelled the downtrend.
At the National Commodity and Derivatives Exchange, refined soya oil for delivery in July declined by Rs 5.50, or 0.84 per cent, to Rs 651.50 per 10 kg with an open interest of 1,79,440 lots. Similarly, the oil for delivery in June shed Rs 4.60, or 0.68 per cent, to Rs 672 per 10 kg in 83,500 lots.
DAILY BUZZ
CHANAChana prices dropped 1.50 per cent to Rs 2,895 per quintal in futures trade today as speculators trimmed positions amid weak domestic demand against higher supplies from producing regions.
At the National Commodity and Derivative Exchange, chana for delivery in July fell Rs 44, or 1.50 per cent, to Rs 2,895 per quintal with an open interest of 1,08,940 lots.
The commodity for delivery in June lost Rs 42, or 1.46 per cent, to Rs 2,826 per quintal in 88,400 lots.
REFINED SOYA OIL
Refined soya oil prices fell by 0.84 per cent to Rs 651.50 per 10 kg in futures trade today as speculators booked profits at prevailing higher levels, driven by subdued demand in the spot market.
Adequate stocks position in spot market further fuelled the downtrend.
At the National Commodity and Derivatives Exchange, refined soya oil for delivery in July declined by Rs 5.50, or 0.84 per cent, to Rs 651.50 per 10 kg with an open interest of 1,79,440 lots. Similarly, the oil for delivery in June shed Rs 4.60, or 0.68 per cent, to Rs 672 per 10 kg in 83,500 lots.
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