AGRO OUTLOOK FOR 26 MAY 2014

Agro Outlook
                                                        D A I L Y B U Z Z
CARDAMOM
Amid domestic as well as export demand, cardamom prices rose further 0.30 per cent to Rs 974.50 per kg in futures trading today as speculators enlarged positions.
 
At the Multi Commodity Exchange, cardamom for delivery in June rose by Rs 2.90, or 0.30 per cent, to Rs 974.50 per kg in business turnover of 73 lots.
 
Similarly, the spice for delivery in July contract moved up by Rs 2.20, or 0.23 per cent to Rs 942.90 per kg in 5 lots.

REFINED SOYA OIL
Refined soya oil traded marginally lower by 0.19 per cent to Rs 678.40 per 10 kg in futures market today as demand dropped in the spot market against adequate stocks position.
 
At the National Commodity and Derivatives Exchange, refined soya oil for delivery in July weakened by Rs 1.30, or 0.19 per cent, to Rs 678.40 per 10 kg with an open interest of 1,36,550 lots.

Likewise, the oil for delivery in June shed 75 paise, or 0.11 per cent, to Rs 692.20 per 10 kg in 1,33,770 lots.

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