Friday, 5 December 2014

Ncdex tips updates for 05 December 2014

Agro Outlook
D A I L Y B U Z Z
CASTOR SEED
Castorseed prices fell by 1.44 per cent on Thursday 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. 4,527 per quintal tonnes, down by 1.44 per cent, after opening at Rs. 4,598 against the previous closing price of Rs. 4,593. It touched the intra-day low of Rs. 4,511 till the trading. (At 12.53 PM )
 
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CORIANDER
Coriander prices rose by 0.47 per cent on Thursday 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. Sentiment improved further as the investors enlarged their holdings tracking the surge in the demand for the commodity.
 

At the NCDEX, coriander futures for December 2014 contract was trading at Rs. 12,905 per quintal, up by 0.47 per cent after opening at Rs. 12,824 against the previous closing price of Rs. 12,845. It touched the intra-day high of Rs. 12,910 till the trading. (At 01.17 PM)

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