Thursday, October 16, 2014

DAILY COMMODITY NCDEX REPORT 16 OCT 2014

Agro Outlook
D A I L Y B U Z Z
CARDAMOM
Cardamom prices declined by 1.07 per cent to Rs 841 per kg in futures trade today as speculators indulged in reducing positions, tracking a weak trend in the spot market on sluggish demand at 
prevailing higher levels. 

At the Multi Commodity Exchange, cardamom for delivery in far-month December fell by Rs 9.10, or 1.07 per cent, to Rs 841 per kg in business turnover of 24 lots.

Likewise, the spice for delivery in November contract traded lower by Rs 6.70, or 0.79 per cent, to Rs 839.10 per kg in 134 lots.

REFINED SOYA OIL
Refined soya oil prices went up by 0.38 per cent to Rs 583.85 per 10 kg in futures trade today as speculators enlarged positions, taking positive cues from spot market on firm demand. 

At the National Commodity and Derivatives Exchange, refined soya oil for delivery in November rose by Rs 2.20, or 0.38 per cent to Rs 583.85 per 10 kg with an open interest of 1,17,600 lots. 

Similarly, the oil for delivery in October traded higher by Rs 1.80, or 0.31 per cent to Rs 590.60 per 10 kg in 19,620 lots. 

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