Monday, 1 December 2014

NCDEX TIPS FOR THE WEEK AS ON 01 DECEMBER 2014

Agro Outlook
D A I L Y B U Z Z
CASTOR SEED
Castorseed prices fell by 1 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 December 2014 contract was trading at Rs. 4,556 per quintal tonnes, down by 1 per cent, after opening at Rs. 4,590 against the previous closing price of Rs. 4,602. It touched the intra-day low of Rs. 4,525 till the trading. (At 12.36 PM today).
 

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CORIANDER
Coriander prices fell by 0.69 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 December 2014 contract were trading at Rs. 12,889 per quintal, down by 0.69 per cent, after opening at Rs. 12,956 against the previous closing price of Rs. 12,979. It touched the intra-day low of Rs. 12,838 till the trading. (At 12.05 PM today).


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