Agriwatch: Agri commodities index down 0.2% today

The Agri Commodities Index fringe down 0.20% to 115.90 during the week ended Oct 1, 2016 from 116.13 during the previous week. The basis for the Index and all sub-Indices is 2014 (= 100). Declines in cereals and vegetables prices offset the gains in pulses and edible oils. 

Six of the nine commodity groups and 19 of the 29 commodities that constitute the Index declined during the week. The commodity group sub-Index values and their weekly changes are as follows: Cereals: 101.83 (-1.34%), Pulses: 216.70 (+4.40%), Vegetables: 62.30 (-4.85%), Edible Oils: 116.0 (+0.68%), Oilseeds: 107.67 (-1.83%), Sweeteners (Sugar, Gur & Khandsari): 121.96 (-0.48%), Spices: 135.90 (-0.83%), Fibres: 98.82 (-3.23%) and Other Non-Food Articles: 77.57 (+2.25%).

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MCX Commodity Market Updates Today 04 April 2013

Silver prices fell by 1.10 per cent to Rs 51,984 per kg in futures trade today as speculators trimmed their positions largely in tune with a weakening trend overseas after a stronger dollar reduced demand for safe haven. At the Multi Commodity Exchange, Silver for delivery in far-month July traded lower by Rs 577, or 1.10 per cent, to Rs 51,984 per kg in business turnover of 190 lots. Similarly, the white metal for delivery in May declined by Rs 553, or 1.07 per cent, to Rs 50,920 per kg in business volume of 2,844 lots.

Taking cues from global markets and subdued demand from domestic consuming industries, lead prices eased by 0.31 per cent to Rs 112.50 per kg in futures trade today as speculators reduced their exposures. At the Multi Commodity Exchange, lead for delivery in May fell 35 paise, or 0.31 per cent, to Rs 112.50 per kg in business turnover of 91 lots. On similar lines, the metal for delivery in April shed 30 paise, or 0.27 per cent, to Rs 111.85 per kg in 1,862 lots. 

Amid a weak trend in the global markets and subdued domestic demand, nickel prices dropped 0.67 per cent to Rs 889.90 per kg in futures trade today as speculators reduced their positions. At the Multi Commodity Exchange, nickel for delivery in April dropped by Rs 4, or 0.67 per cent, to Rs 889.90 per kg in a business turnover of 716 lots. The metal for delivery in May also fell by Rs 6.10, or 0.67 per cent, to Rs 898.20 per kg in a turnover of 102 lots.

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NCDEX Agri Commodity Updates Today, NCDEX Live Tips 14 Feb 2012

Turmeric futures may trade higher, holding previous gains. Pepper futures to trade lower for the day. Pepper futures (March) breaking 29,500 levels may trade further downside. Outlook for Jeera is down for the day. Jeera futures may trade sideways & manage to maintain support above 14,400 levels. Cardamom futures may trade with a positive bias. Outlook for Chana is up for the day. Chana futures (March) may remain below 3400 levels owing to profit booking from higher levels. Outlook for Soybean is seen down for the day. Soybean futures may trade sideways with a bearish bias. The counter is expected to remain below 2,560 levels. Guar Complex is expected to trade lower for the day.

Cardamom prices:
Resistances: 793/810/835
Supports: 775/750/730/710

Pepper prices:
Resistances: 30000/30600/30900
Supports: 29000/28800/28500

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NCDEX Agri Commodity Updates Today, NCDEX Live Tips

Cardamom futures may continue to post gains and trade higher supported by its bullish fundamentals. Cardamom contracts ended higher for the fourth consecutive trading session on strong export demand. Turmeric futures may trade sideways. Turmeric futures traded mixed by taking cues from the price movement in the spot market. Pepper futures may remain in bearish zone. Most pepper futures erased early gains and ended down due to probable rise in fresh crop arrivals in the upcoming days. Jeera futures may continue to hold above 14,000 levels. Soybean futures may trade with a positive bias & hold the upside tracking firmness in international prices.

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