Wednesday, 6 August 2014

AGRO OUTLOOK FOR 06 AUGUST 2014

Agro Outlook
D A I L Y B U Z Z
CARDAMOM
Cardamom prices rose 1.14 per cent to Rs 911 per kg in futures trading today as speculators enlarged positions amid a firm trend at spot market on rising domestic and export demand.
 

Besides, tight supplies from producing regions in the physical market, further fuelled the uptrend.
 

Cardamom for delivery in September rose by Rs 10.30, or 1.14 per cent, to Rs 911 per kg in a business turnover of 153 lots.
 

Likewise, the spice for delivery in August gained Rs 3.60, or 0.39 per cent, to Rs 930.50 per kg in
51 lots.


TURMERIC
Continuing its rising streak for the third day, mentha oil prices rose 0.33 per cent to Rs 728.20 per kg in futures trade today as speculators engaged in enlarging positions amid rising demand in the spot market.

At the Multi Commodity Exchange, mentha oil for delivery in September gained Rs 2.40, or 0.33 per cent, to Rs 728.20 per kg in a business turnover of 77 lots. In a similar fashion, the oil for delivery in August edged up by Rs 2.10, or 0.29 per cent, to Rs 716 per kg in 337 lots.


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