Monday, 8 September 2014

NCDEX TIPS FOR THE WEEK AS SEPTEMBER 08, 2014

Agro Outlook
D A I L Y B U Z Z
CORIANDER
Coriander prices fell by 0.97 per cent on Friday 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 September 2014 contract were trading at Rs. 11,633 per quintal, down by 0.97 per cent, after opening at Rs. 11,729 against the previous closing price of Rs. 11,747. It touched the intra-day low of Rs. 11,615 till the trading. (At 11.40 AM on Friday).


CASTORSEED
Castorseed prices fell by 0.3 per cent on Friday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of fresh supply of the commodity in the major mandies as well as strong production estimates. At the NCDEX, castor seed futures for September 2014 contract was trading at Rs. 4,039 per quintal tonnes, down by 0.3 per cent, after opening at Rs. 4,048 against the previous closing price of Rs. 4,051. It touched the intra-day low of Rs. 4,030 till the trading. (At 12.20 PM on Friday).
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