Friday, September 5, 2014

REPORT OF COMMODITY FOR 05 SEP 2014

Agro Outlook
D A I L Y B U Z Z
CHANA
Chana prices fell 0.85 per cent to Rs 2,803 per quintal in futures trade today as speculators booked profits at prevailing levels amid sluggish demand in the physical market. 

At the National Commodity and Derivative Exchange, chana for September declined by Rs 24, or 0.85 per cent, to Rs 2,803 per quintal with an open interest for 80,350 lots. 

Similarly, chana for October delivery fell by Rs 22, or 0.76 per cent to Rs 2,860 per quintal with open interest of 1,11,740 lots. 

MENTHA OIL
Mentha oil prices rose 0.62 per cent to Rs 685.60 per kg in futures trade today as speculators enlarged positions driven by rising demand from consuming industries in the spot market. 

At the Multi Commodity Exchange, mentha oil for delivery in October moved up by Rs 4.20, or 0.62 per cent, to Rs 685.60 per kg in business turnover of 47 lots. 

Likewise, the oil for delivery in September gained Rs 4.10, or 0.61 per cent, to Rs 674.30 per kg in 323 lots. 

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