Agro Outlook
Coriander prices fell by 0.26 per cent on Monday 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 April 2015 contract were trading at Rs. 7,552 per quintal, down by 0.26 per cent, after opening at Rs. 7,600 against the previous closing price of Rs. 7,572. It touched the intra-day low of Rs. 7,511 till the trading. (At 11.30 AM today). Sentiment weakened further as speculators reduced their positions on the back of sluggish demand in the market.
CASTORSEED
Castorseed prices fell by 1.81 per cent on Monday 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 February 2015 contract was trading at Rs. 3,969 per quintal tonnes, down by 1.81 per cent, after opening at Rs. 4,032 against the previous closing price of Rs. 4,042. It touched the intra-day low of Rs. 3,940 till the trading. (At 12.00 PM)
D A I L Y B U Z Z
CORIANDERCoriander prices fell by 0.26 per cent on Monday 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 April 2015 contract were trading at Rs. 7,552 per quintal, down by 0.26 per cent, after opening at Rs. 7,600 against the previous closing price of Rs. 7,572. It touched the intra-day low of Rs. 7,511 till the trading. (At 11.30 AM today). Sentiment weakened further as speculators reduced their positions on the back of sluggish demand in the market.
Castorseed prices fell by 1.81 per cent on Monday 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 February 2015 contract was trading at Rs. 3,969 per quintal tonnes, down by 1.81 per cent, after opening at Rs. 4,032 against the previous closing price of Rs. 4,042. It touched the intra-day low of Rs. 3,940 till the trading. (At 12.00 PM)
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