Agro Outlook
Castorseed prices rose by 1.38 per cent on Tuesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the rise in demand from consuming industries against restricted arrivals in domestic markets which in turn encouraged the investors to enlarge their holdings. At the NCDEX, castor seed futures for November 2014 contract were trading at Rs. 4,712 per quintal tonnes, up by 1.38 per cent, after opening at Rs. 4,650 against the previous closing price of Rs. 4,648. It touched the intra-day high of Rs. 4,743 till the trading. (At 12.20 PM today)
MENTHA OIL
Mentha oil prices fell by 1.01 per cent on Tuesday at the Multi Commodity Exchange (MCX) as a result of the increased arrivals of the commodity in the physical market from the major producing belts in Uttar Pradesh. At MCX, Mentha oil futures for October 2014 contract, at MCX, were trading at Rs. 669.60 per kg, down by 1.01 per cent after opening at Rs. 676.50 against the previous closing price of Rs. 676.40. It touched the intra-day low of Rs. 665.40 till the trading. (At 2.45 PM today).
D A I L Y B U Z Z
CASTOR SEEDCastorseed prices rose by 1.38 per cent on Tuesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the rise in demand from consuming industries against restricted arrivals in domestic markets which in turn encouraged the investors to enlarge their holdings. At the NCDEX, castor seed futures for November 2014 contract were trading at Rs. 4,712 per quintal tonnes, up by 1.38 per cent, after opening at Rs. 4,650 against the previous closing price of Rs. 4,648. It touched the intra-day high of Rs. 4,743 till the trading. (At 12.20 PM today)
MENTHA OIL
Mentha oil prices fell by 1.01 per cent on Tuesday at the Multi Commodity Exchange (MCX) as a result of the increased arrivals of the commodity in the physical market from the major producing belts in Uttar Pradesh. At MCX, Mentha oil futures for October 2014 contract, at MCX, were trading at Rs. 669.60 per kg, down by 1.01 per cent after opening at Rs. 676.50 against the previous closing price of Rs. 676.40. It touched the intra-day low of Rs. 665.40 till the trading. (At 2.45 PM today).
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