Wednesday, July 6, 2011

NCDEX Agri Commodity Market Report

Pepper futures are witnessing slight recovery after decline in last few sessions.  Pepper futures may remain sideways & trade with bearish sentiments.
Chana futures may witness some profit booking at higher levels.
Soybean futures may remain sideways taking support at 2,280 levels. 
Guar Seed futures have declined further on Wednesday. 

The contract for Pepper July delivery was trading at Rs 27199.00, up by 0.21% or Rs 57.00 from its previous closing of Rs 27142.00. The open interest of the contract stood at 7625 lots. The contract for Pepper August delivery was trading flat at Rs 27625.00, up by 0.12% or Rs 34.00 from its previous closing of Rs 27591.00. The open interest of the contract stood at 4230 lots on NCDEX.

The contract for Guar Seed July delivery was trading at Rs 3752.00, down by 0.53% or Rs 20.00 from its previous closing of Rs 3772.00. The open interest of the contract stood at 182470 lots. The contract for Guar Seed August delivery was trading flat at Rs 3801.00, down by 0.65% or Rs 25.00 from its previous closing of Rs 3826.00. The open interest of the contract stood at 84360 lots on NCDEX.

Followers