Monday, 14 July 2014

DAILY NCDEX TIPS FOR 14 JULY 2014

Agro Outlook
D A I L Y B U Z Z
MENTHA OIL
Mentha oil rose 0.49 per cent to Rs 753 per kg in futures trade today as speculators enlarged positions amid increased domestic demand and restricted arrivals from producing belts.
 

At the Multi Commodity Exchange, mentha oil for delivery in August moved up by Rs 3.70, or 0.49 per cent, to Rs 753 per kg in a business turnover of 90 lots.
 

In a similar fashion, the oil for delivery in July traded higher by Rs 2.80, or 0.38 per cent, to Rs 735.80 per kg in 385 lots.

CARDAMOM
Cardamom prices edged up by 0.20 per cent to Rs 729.40 per kg in futures trading today as speculators created fresh positions amid a firm trend at spot markets.
 

Besides, tight stocks position in the physical market due to restricted arrivals from producing regions also supported the uptrend.

At the Multi Commodity Exchange, cardamom for delivery in August rose by Rs 1.90, or 0.20 per cent, to Rs 929.40 per kg in a business turnover of 222 lots.
 

Likewise, the spice for delivery in September edged up by 40 paise, or 0.04 per cent, to Rs 913.90 per kg in 30 lots.


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