Thursday, 19 June 2014

AGRO OUTLOOK FOR 19 JUNE 2014

Agro Outlook
DAILY BUZZ
SUGAR 
Sugar prices rose by 0.23 per cent to Rs 3,028 per quintal in futures trade today as speculators created fresh positions, driven by pick up in demand in the spot market.
 

At the National Commodity and Derivatives Exchange, sugar for delivery in July rose by Rs 7, or 0.23 per cent, to Rs 3,028 per quintal with an open interest of 36,690 lots.
 

The sweetener for delivery in June contract also traded marginally up by Rs 2, or 0.07 per cent, to Rs 3,061 per quintal in 8,990 lots.
 

CORIANDER
Coriander prices fell by 0.71 per cent on Wednesday at the National Commodity & Derivatives
Exchange Limited (NCDEX) as the adequate stocks availability in the physical market put
pressure on coriander prices. At the NCDEX, coriander futures for June 2014 contract were
trading at Rs. 9,972 per quintal, down by 0.71 per cent, after opening at Rs. 9,870 against the
previous closing price of Rs. 10,043. It touched the intra-day low of Rs. 9,870 till the trading



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