Pepper futures extended its bullish trend, hit the 4 percent maximum upper circuit and record highs. The spot price for garbled pepper traded higher at Rs.41600 per 100kg. Jeera prices are expected to fall for short term on probable increase in daily arrivals amid estimated rise in production. Turmeric futures closed higher despite higher production estimates. Turmeric prices are expected to fall next week due to probable rise in daily arrivals and on reports of higher stocks. Cardamom futures may gain on the back of fall in daily arrivals due to end of harvest season.
Refined soy oil prices traded higher after it making a low of 711.10, closed the day at 717.35.
Resistances: 720/723/726
Supports: 717/715/712
Refined soy oil prices traded higher after it making a low of 711.10, closed the day at 717.35.
Resistances: 720/723/726
Supports: 717/715/712
