Agro Outlook
Chana futures traded 0.36 per cent lower at Rs 2,794 per quintal in futures market today as speculators reduced positions amid a weak trend at spot market on sluggish demand.
Further, expectations of higher output put pressure on chana prices.
At the National Commodity and Derivative Exchange, chana for delivery in October declined by Rs 10, or 0.36 per cent, to Rs 2,794 per quintal with an open interest of 1,34,790 lots.
Similarly, the commodity for delivery in September eased by Rs 5, or 0.18 per cent, to Rs 2,755 per quintal in 3,320 lots.
CASTOR SEED
Castorseed prices firmed up by Rs 60 to Rs 4,237 per quintal in futures trading today on the back of rising demand from consuming industries in the physical markets.
At the National Commodity and Derivatives Exchange, castorseed for delivery in January spurted by Rs 60, or 1.44 per cent, to Rs 4,237 per quintal, in an open interest of 13,230 lots.
On similar lines, the most-active October contracts also rose by Rs 34, or 0.85 per cent, at Rs 4,052 per quintal, having an open interest of 1,77,470 lots. September contracts too followed suit, gaining Rs 29, or 0.73 per cent, at Rs 3,999 per quintal with an open interest of 6,140 lots.
D A I L Y B U Z Z
CHANA Chana futures traded 0.36 per cent lower at Rs 2,794 per quintal in futures market today as speculators reduced positions amid a weak trend at spot market on sluggish demand.
Further, expectations of higher output put pressure on chana prices.
At the National Commodity and Derivative Exchange, chana for delivery in October declined by Rs 10, or 0.36 per cent, to Rs 2,794 per quintal with an open interest of 1,34,790 lots.
Similarly, the commodity for delivery in September eased by Rs 5, or 0.18 per cent, to Rs 2,755 per quintal in 3,320 lots.
CASTOR SEED
Castorseed prices firmed up by Rs 60 to Rs 4,237 per quintal in futures trading today on the back of rising demand from consuming industries in the physical markets.
At the National Commodity and Derivatives Exchange, castorseed for delivery in January spurted by Rs 60, or 1.44 per cent, to Rs 4,237 per quintal, in an open interest of 13,230 lots.
On similar lines, the most-active October contracts also rose by Rs 34, or 0.85 per cent, at Rs 4,052 per quintal, having an open interest of 1,77,470 lots. September contracts too followed suit, gaining Rs 29, or 0.73 per cent, at Rs 3,999 per quintal with an open interest of 6,140 lots.
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