Monday, July 13, 2015

Commodity Tips and Updates for 13 July 2015

Commodity Tips : Jeera prices closed higher by 0.22 per cent on Friday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the investors increased their holdings in the commodity in the midst limited arrivals from growing regions. At NCDEX, jeera futures for July 2015 contract closed at Rs. 16,205 per quintal, up by 0.22 per cent, after opening at Rs. 16,210 against the previous closing price of Rs. 16,170. It touched the intra-day high of Rs. 16,380.

Maize prices ended lower by 0.49 per cent on Friday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of heavy selling activity by the traders on account of higher global supplies and weak offtakes from the local buyers. At NCDEX, maize futures for July 2015 contract closed at Rs. 1,218 per quintal, down by 0.49 per cent, after opening at Rs. 1,225 against the previous closing price of Rs. 1,224. It touched the intra-day low of Rs. 1,210.

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