Agro Outlook
Mustard Seed prices closed lower by 0.52 per cent on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the profit booking by the traders on account of the weak crushing and export demand of mustard meal. At the NCDEX, Mustard Seed futures for January 2015 contract closed at Rs. 4,054 per quintal, down by 0.52 per cent, after opening at Rs. 4,082 against the previous closing price of Rs. 4,075. It touched the intra- day low of Rs. 4,034 Sentiment weakened further due to the sluggish export demand as a result of the weak demand for the commodity.
DHANIYA
Coriander prices rose by 2.71 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. At the NCDEX, coriander futures for January 2015 contract was trading at Rs. 11,899 per quintal, up by 2.71 per cent after opening at Rs. 11,740 against the previous closing price of Rs. 11,585. It touched the intra-day high of Rs. 11,900 till the trading. (At 11.30 AM today). Sentiment improved further as the investors enlarged their holdings tracking the surge in the demand for the commodity.
D A I L Y B U Z Z
MUSTARDSEEDMustard Seed prices closed lower by 0.52 per cent on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the profit booking by the traders on account of the weak crushing and export demand of mustard meal. At the NCDEX, Mustard Seed futures for January 2015 contract closed at Rs. 4,054 per quintal, down by 0.52 per cent, after opening at Rs. 4,082 against the previous closing price of Rs. 4,075. It touched the intra- day low of Rs. 4,034 Sentiment weakened further due to the sluggish export demand as a result of the weak demand for the commodity.
Coriander prices rose by 2.71 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. At the NCDEX, coriander futures for January 2015 contract was trading at Rs. 11,899 per quintal, up by 2.71 per cent after opening at Rs. 11,740 against the previous closing price of Rs. 11,585. It touched the intra-day high of Rs. 11,900 till the trading. (At 11.30 AM today). Sentiment improved further as the investors enlarged their holdings tracking the surge in the demand for the commodity.
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