Monday, February 27, 2012

NCDEX ~ Agri commodity market updates

Pepper futures to trade higher for the day. Pepper futures (Mar) seems to be surpassing 36,500 levels amid good domestic demand and tight supply scenario. Outlook for Jeera is up for the day. Jeera futures may trade with a bearish bias & remain below 14,000 levels. Turmeric futures may continue to consolidate above 4,700 levels. Cardamom futures surpassing 1,000 levels may trade higher as the exporters are buying keeping in mind that arrival of the next crop will be in July. Outlook for Chana is up for the day. Guar Complex is expected to trade higher for the day. Outlook for Soybean is seen up for the day.