Friday, August 1, 2014

DAILY COMMODITY REPORT FOR 1 AUG 2014

Agro Outlook
CARDAMOM
Cardamom prices were down by 0.15 per cent to Rs 916.70 per kg in futures trade today as speculators booked profits at prevailing levels amid sluggish demand in the spot markets.

At the Multi Commodity Exchange, cardamom for delivery in August declined by Rs 1.80, or 0.20 per cent to Rs 916.70 per kg in business turnover of 73 lots.

Likewise, the spice for delivery in September contracts shed Rs 1.30, or 0.15 per cent to Rs 884.00 per kg in 15 lots.

CHANA
Chana prices declined 0.66 per cent to Rs 2,855 per quintal in futures trade today as speculators reduced exposures amidst increased supplies from producing regions in the spot market.

At the National Commodity and Derivative Exchange, chana for delivery in August moved down by 0.19, or 0.66 per cent to Rs 2,855 per quintal with an open interest of 1,18,540 lots.

Similarly, the commodity for delivery in September declined by Rs 17, or 0.57 per cent to Rs 2,943 per quintal in 93,370 lots. 

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