Monday, 15 September 2014

NCDEX TIPS FOR THE WEEK AS SEPTEMBER 15, 2014

Agro Outlook
D A I L Y B U Z Z
CORIANDER
Coriander prices rose by 0.25 per cent on Friday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the limited stocks on account of restricted arrivals from the major growing belts. At the NCDEX, coriander futures for September 2014 contract was trading at Rs. 11,240 per quintal, up by 0.25 per cent after opening at Rs. 11,168 against the previous closing price of Rs. 11,212. It touched the intra-day high of Rs. 11,253 till the trading. (At 11.35 AM today). Sentiment improved further as the investors enlarged their holdings tracking the surge in the demand for the commodity


MUSTARDSEED
Mustard seed prices closed higher by 0.26 per cent on Thursday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the decline in the supply for the commodity in the major markets. At the NCDEX, mustard seed futures for September 2014 contract closed at Rs. 3,536 per quintal, up by 0.26 per cent, after opening at Rs. 3,526 against the previous closing price of Rs. 3,527.
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