Wednesday, March 14, 2012

NCDEX Agri Commodity Market Updates Today 14 march 2012

Cardamom futures may trade with a bullish bias created by unfavourable weather conditions and declining arrivals amid good persistent demand. Turmeric futures may fall further due to heavy production and expectations that even more bags are expected to arrive. Jeera futures may shed further downside due to mounting supplies in the spot market on the back of a good crop. Pepper futures may trade sideways with a bearish bias amid continue profit booking from higher levels. Guar complex may rally further.

Outlook for Soybean is up for the day. Guar Complex is expected to trade higher for the day. Outlook for Chana is up for the day. Outlook for Jeera is down for the day. Pepper futures to trade up for the day.

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