Mcx Ncdex Tips & Updates For 7 July, 2015

CASTOR SEED

Castor-seed prices increased by 0.15 per cent on Monday 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.July 2015 National Commodities And Derivatives Exchange(NCDEX) contract of Castor seed futures were trading at Rs. 3,990 per quintal tonnes, up by 0.15 %, after starting at Rs. 3,994 as compared to the last closing price of Rs. 3,984. It reached the intra-day high of Rs. 3,999 at the time of trading. (At 12.10 PM).

CORIANDER

On Monday, Coriander prices increased by 0.33% at the NCDEX as a result of the limited stocks on account of controlled arrivals from the major growing belts. At the NCDEX, Futures contract of coriander for July 2015 was trading at Rs. 11,885/quintal, 0.33 per cent up after opening at Rs. 11,818 against the previous closing price of Rs. 11,846. It reached the intra-day high of Rs. 11,900 up to the trading.(At 11.30 AM).