NCDEX Agri Commodity Market Updates Today

Pepper futures may remain sideways. Black pepper un-garbled is sold at Rs 30,400 per quintal and MG-1 at Rs 31,400 a quintal. Cardamom futures may trade sideways. Turmeric futures may remain sideways taking support above 5,600 levels. Domestic oilseeds may trade with bearish sentiments. Bearish crude oil prices may keep the refined soy oil futures in a range.

Guar Seed futures have made a bounce back on Tuesday after witnessing a sharp fall in previous session. Expected pick up in exports at the lower levels is supporting the prices and traders expect medium term bullishness for the commodity rates in coming weeks.

Chana futures are trading lower extending their losses for another day on profit booking. Though, festive demands are likely to support the rates in coming week. Also reports of lower global production for pulses are likely to keep trend firm for the Indian markets.

Continue reading →

MCX & NCDEX Commodity Market Updates

GOLD FALLS $200 FROM RECORD HIGH.
OIL TRADES NEAR ONE-WEEK HIGH IN LONDON ON FED SPECULATION, U.S. SUPPLIES.
COPPER UNDERPINNED BY CHINA, FED MEETING EYED.
DOMESTIC OIL AND OILSEED TRADE BEARISH.

Support and Resistance levels of MCX Commodity Market:

MCX SILVER (SEP)
TREND: Bullish   
R2: 65200
R1: 63800
S1: 59900
S2: 58400
STRATEGY: Buy on dips

MCX COPPER (AUG)
TREND: Bearish
R2: 428
R1: 422
S1: 410
S2: 405
STRATEGY: Sell on Higher levels

MCX CRUDE OIL (SEP)
TREND: Bearish
R2: 4075
R1: 4020
S1: 3890
S2: 3810
STRATEGY: Sell on Higher levels

NCDEX Agri Commodity Market Updates:

Pepper futures may hold gains on buying support and bullish sentiments.
Turmeric futures may show some volatile movements.
Jeera futures may remain sideways.
Chana futures may continue to face resistance at 3,250 levels.

Continue reading →

Commodity Market Updates Today

MCX Commodity Market Updates:

Gold may trade with positive bias but caution is advised at current levels because some profit booking at current levels cannot be denied. Silver may also open on flat note and can trade in range of 59,000-60,500 in MCX. Base metals may also trade choppy on mixed sentiments. Copper edged up in early trading on Wednesday. Copper may trade in range of 390-410 in near term. Range bound movement can be seen in Crude oil counter as investors should eye the EIA weekly inventory report today. Crude oil has stiff resistance at 4,000 levels in MCX.

NCDEX Agri Commodity Market Updates:
Pepper futures may trade higher owing to tight supply on global market. Turmeric futures may remain sideways. Jeera futures may remain sideways taking support above 15,380 levels. Cardamom futures (Sept) may continue to face resistance at 830 levels owing to on-going harvesting season.

Other commodities: Chana futures may remain sideways owing to sluggishness prevailing at the spot markets. Sugar futures may remain sideways. Guar complex may remain downside due to diversion of area under production. Crude palm oil (CPO) futures on Bursa Malaysia Derivatives (BMD) shaved off initial gains made during the day. Soybean futures may face resistance at 2480 levels.

FREE COMMODITY TRADING TIPS ON MOBILE

Continue reading →

NCDEX Agri Commodity Market Updates | NCDEX Trading Tips

Turmeric futures may remain sideways. Pepper futures may fell some resistance near 30,500 levels. Jeera futures may remain sideways. Mentha oil futures may hold gains taking support above 1050 levels. Chana futures may remain sideways. Sugar futures may remain firm taking support above 2600 levels. Domestic oilseeds may remain sideways.

Pepper futures have declined on Thursday as the traders opted to book profit at higher levels, cashing profit from the recent surge in the prices. Guar seed futures are trading higher recovering from its decline in last couple of days on pickup in demand at the lower levels. Demand for Guargum picked up again at the lower levels supporting the market sentiments.

FREE NCDEX commodity trading tips on mobile by SMS, ncdex agri commodity trading tips, ncdex agri commodity market report & news

Continue reading →

NCDEX Agri Commodity Market Updates Today

Pepper futures have plunged further on the NCDEX, as demand fell moderately at the higher levels. Weak trend in the International markets too kept the sentiments weak as traders waited for the demand to pick up this week for some recovery. Guar seed futures have extended their fall on Tuesday as the turmoil in the US markets has raised concern about the export demand getting affected for Guargum. Traders are expecting some more corrections in the short term before the exports to pick up at the lower levels.

Turmeric futures may trade with bearish sentiments. 

Pepper futures may trade sideways. 

Cardamom futures may remain volatile. 

Chana futures may remain sideways. 

Guar futures may remain downside due to selling pressure from higher levels.

FREE NCDEX commodity trading tips on mobile by SMS, ncdex agri commodity trading tips, ncdex agri commodity market report & news

Continue reading →

NCDEX Agri Commodity Market Updates

Pepper futures may remain sideways. Jeera futures may trade with bearish bias. Cardamom futures may remain downside owing to ongoing harvesting season. Guar complex may continue to travel in bearish zone on account of profit booking from higher levels. Bearish crude oil prices may also bring the counter downside. Chana futures expected to remain sideways.

Domestic oilseeds may remain downside owing to weak global cues and heavy downfall in crude oil prices. Soybean futures trading down by nearly 1%, may add bearish sentiments to the domestic prices. CPO futures trading half a percent downside may pull down prices on the national bourse. Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives are expected to continue the bearish momentum into this week amid a gloomy global economic scenario.

FREE NCDEX Agri commodity market news, ncdex commodity trading tips, free ncdex tips on mobile by SMS.............

Continue reading →

MCX Commodity Market Updates

MCX Commodity Updates:-

MCX Gold prices once again went down due to the rise in dollar on Thursday, as investors chose to take some profits off the table after the bullion's sharp run up in the recent past. Crude oil prices closed slightly higher on Thursday after the crude oil prices are heading towards their weekly decline.

NCDEX Commodity Updates:-

In NCDEX Agri commodity Pepper futures have made a good bounce back on Friday after being pounded in last couple of sessions. Reports of strong export demand and tight supply in the domestic market has supported the prices today.
Guar Seed futures have declined sharply on NCDEX.

Today’s Picks :-
SELL GUARGUM 
BUY CPO ON DIPS 
SELL GUARSEED

Free mcx tips, mcx gold & silver tips, commodity trading tips,  ncdex trading tips, ncdex agri commodity updates

Continue reading →

Pepper and Guar Seed Report | NCDEX Agri Commodity Tips

In NCDEX Agri Commodity Market Pepper futures are trading at higher levels. It is the time to booking some profit in Pepper futures. Due to the strong fundamentals for the commodity and increase in the export demand too is expected to rise the Pepper Prices in the coming time. 

               

                 In other Agri Commodity Guar Seed futures have made a good bounce on Tuesday after profit booking in last session. Rise in export demand from US and EU, Guar Seed prices also increase. However, traders are not ruling out some profit booking at the high levels again in short term.

Continue reading →

Pepper and Guar Seed NCDEX Agri Commodity News

Due to the strong domestic and export demand Pepper Futures strengthened on Friday. This year world Pepper output will fall by 6,500 tones as compare to previous year by the report of International Pepper Community. The reasons of decline Pepper output due to unfavourable weather conditions and pests. That's why the price of Pepper high in domestic front. 

                     If we talk about the other Agri Commodity Guar Seed Futures have extended their gains due to the still rising in export demand and the weather conditions in Rajasthan. Other reasons of Guar Seed prices high due to rise in export demand from US and EU.

The contract of Pepper for August delivery was trading at Rs 28,740.00, up by 0.62% or Rs 176.00 from its previous closing of Rs 28,564.00. The open interest of the contract stood at 9053 lots and The contract of Pepper for September delivery was trading at Rs 29,279.00, up by 0.62% or Rs 179.00 from its previous closing of Rs 29,100.00. The open interest of the contract stood at 1905 lots on NCDEX.

The contract of Guar Seed for August delivery was trading at Rs 4425.00, up by 2.05% or Rs 86.00 from its previous closing of Rs 4336.00. The open interest of the contract stood at 195670 lots and The contract of Guar Seed for September delivery was trading at Rs 4496.00, up by 2.27% or Rs 100.00 from its previous closing of Rs 4396.00. The open interest of the contract stood at 66200 lots on NCDEX.

Continue reading →

NCDEX Agri Commodity Market news for Today

Pepper futures are trading higher on improvement in domestic demand. Pepper futures may remain sideways facing resistance at 29,000 levels, owing to profit booking on every upside. Jeera futures may remain firm. Turmeric futures may remain downside due to increased arrivals and reports of higher sowing. Cardamom futures may remain sideways due to strong stock levels and anticipation of better crop in the next crop season. Guar Seed futures have surged on Monday, extending their previous gains, good export demand and low level of Monsoon activities. Chana futures may trade sideways on account of profit booking & sluggish demand prevailing at higher levels. Refined soy oil futures may remain sideways facing resistance at higher levels. Soybean futures may remain sideways as area under soybean is witnessing a rise.


The contract of Pepper for July delivery was trading at Rs 27,581.00, up by 0.29% or Rs 81.00 from its previous closing of Rs 27,500.00. The open interest of the contract stood at 3146 lots.

The contract of Pepper for August delivery was trading at Rs 28,330.00, up by 0.03% or Rs 9.00 from its previous closing of Rs 28,321.00. The open interest of the contract stood at 7640 lots on NCDEX.

The contract of Guar Seed for July delivery was trading at Rs 4098.00, up by 1.74% or Rs 80.00 from its previous closing of Rs 4028.00. The open interest of the contract stood at 19700 lots.

The contract of Guar Seed for August delivery was trading at Rs 4163.00, up by 1.71% or Rs 70.00 from its previous closing of Rs 4093.00. The open interest of the contract stood at 213000 lots on NCDEX.

Continue reading →

NCDEX Agri Commodity Market Report

Pepper futures are witnessing slight recovery after decline in last few sessions.  Pepper futures may remain sideways & trade with bearish sentiments.
Chana futures may witness some profit booking at higher levels.
Soybean futures may remain sideways taking support at 2,280 levels. 

Guar Seed futures have declined further on Wednesday. 

The contract for Pepper July delivery was trading at Rs 27199.00, up by 0.21% or Rs 57.00 from its previous closing of Rs 27142.00. The open interest of the contract stood at 7625 lots. The contract for Pepper August delivery was trading flat at Rs 27625.00, up by 0.12% or Rs 34.00 from its previous closing of Rs 27591.00. The open interest of the contract stood at 4230 lots on NCDEX.

The contract for Guar Seed July delivery was trading at Rs 3752.00, down by 0.53% or Rs 20.00 from its previous closing of Rs 3772.00. The open interest of the contract stood at 182470 lots. The contract for Guar Seed August delivery was trading flat at Rs 3801.00, down by 0.65% or Rs 25.00 from its previous closing of Rs 3826.00. The open interest of the contract stood at 84360 lots on NCDEX.

Continue reading →

NCDEX AGRI COMMODITY REPORT TODAY

Pepper futures may remain sideways taking support at 27,000 levels. Spot prices remained steady on limited activities in the spot at Rs 26,300 and Rs 27,300 a quintal. Turmeric futures may remain downside facing resistance at 8000 levels. Cardamom futures may trade with some bearish sentiments. Because of the favourable weather conditions prevailing. Pepper futures are trading lower due to some profit booking after some recovery in prices in last session. Guar Seed futures are suffering profit booking after showing good up move in last two weeks.

The contract for Pepper July delivery was trading at Rs 27145.00, down by 0.35% or Rs 96.00 from its previous closing of Rs 27211.00. The open interest of the contract stood at 7640 lots. The contract for Pepper August delivery was trading flat at Rs 27520.00, up by 0.60% or Rs 167.00 from its previous closing of Rs 27630.00. The open interest of the contract stood at 3927 lots on NCDEX. 

The contract for Guar Seed July delivery was trading at Rs 3790.00, down by 0.24% or Rs 9.00 from its previous closing of Rs 3801.00. The open interest of the contract stood at 183400 lots. The contract for Guar Seed August delivery was trading at Rs 3837.00, down by 0.13% or Rs 5.00 from its previous closing of Rs 3848.00. The open interest of the contract stood at 76510 lots on NCDEX.

Continue reading →

NCDEX Agri Commodity Market Report | NCDEX Tips

Pepper futures are trading marginally higher on Friday. Guar Seed futures have continued their uptrend for yet another day as good export demand kept supporting the rates.

The contract for Pepper July delivery was trading at Rs 27205.00, up by 0.05% or Rs 14.00 from its previous closing of Rs 27191.00. The open interest of the contract stood at 7602 lots. The contract for Pepper August delivery was trading flat at Rs 27533.00, with the open interest at 3229 lots on NCDEX.

The contract for Guar Seed July delivery was trading at Rs 3643.00, up by 0.33% or Rs 12.00 from its previous closing of Rs 3631.00. The open interest of the contract stood at 193190 lots. The contract for Guar Seed August delivery was trading flat at Rs 3689.00, up by 0.38% or Rs 14.00 from its previous closing of Rs 3675.00, with the open interest at 65620 lots on NCDEX.

Continue reading →

NCDEX Agri Commodity (Pepper, Guar Seed) news & Trading Tips

Pepper futures have succumbed to profit booking extending their fall on Thursday. Traders have been reportedly waiting for some corrections in market rates for new demand as overall trend remains firm and there are expectations that rates have corrected a lot and further down trend possibility could be limited.

The contract for Pepper July delivery was trading at Rs 29950.00, down by 1.56% or Rs 475.00 from its previous closing of Rs 30,425.00. The open interest of the contract stood at 7278 lots. The contract for Pepper August delivery was trading at Rs 30039.00, down by 1.49% or Rs 455.00 from its previous closing of Rs 30,494.00. The open interest of the contract stood at 1955 lots on NCDEX.

Guar Seed futures are suffering profit booking after prices moved higher on reports of weak Monsoon, on apprehensions that it would affect the sowing prospects adversely. Traders are also not ruling out an increase in sowing area this year after the prices surged to record levels.

The contract for Guar Seed July delivery was trading at Rs 3460.00, down by 0.32% or Rs 11.00 from its previous closing of Rs 3471.00. The open interest of the contract stood at 213640 lots. The contract for Guar Seed August delivery was trading at Rs 3509.00, down by 0.54% or Rs 19.00 from its previous closing of Rs 3528.00. The open interest of the contract stood at 44270 lots on NCDEX.

Continue reading →

MCX NCDEX Agri Commodity (Pepper, Cardamom) news & Tips

Pepper futures have surged on Tuesday on the back of some short covering. Technical cues at strong support levels too have helped the prices. Cardamom futures increased by sharply even further on the back of strong spot market demand up against restricted arrivals right from producing belts. MCX cardamom ended the very last session much higher by 4% on the very last trading session.

The contract for Pepper July delivery was trading at Rs 29473.00, up by 1.29% or Rs 376.00 from its previous closing of Rs 29097.00. The open interest of the contract stood at 7370 lots. 

The contract for Pepper August delivery was trading at Rs 29440.00, up by 1.28% or Rs 373.00 from its previous closing of Rs 29067.00. The open interest of the contract stood at 1338 lots on NCDEX.

MCX Cardamom with regard to the July contract increased further in present-day trading session with the contract soaring by Rs 21.20 to the session raised of Rs 868.50 a kg. The contract is now trading much higher at Rs 868.50 and also the open interest added by 1.07% to 2,079 lots. Volume traded nowadays remained at 814 lots.

Continue reading →

NCDEX Agri Commodity (Guar, Chana) news | NCDEX Tips

Guar Seed futures are trading mixed with the front month contract expiry slated today and traders shifting to other contracts. The commodity prices have been witnessing some arrival pressure, while satisfactory monsoon progress reports too have weighed on the prices.

The contract for Guar Seed  June delivery was trading at Rs 3254.00, down by 0.28% or Rs 9.00 from its previous closing of Rs 3263.00. The open interest of the contract stood at 9700 lots.

The contract for Guar Seed July delivery was trading at Rs 3315.00, up by 0.06% or Rs 2.00 from its previous closing of Rs 3313.00. The open interest of the contract stood at 204110 lots on NCDEX.

Chana futures are trading marginally lower and some profit booking is being witnessed with rates recovering fully after showing a weak trend during the early half of last week. The good monsoon progress report has turned the sentiments weak for most agri commodities.

The contract for Chana futures June delivery was trading at Rs 2570.00, down by 0.19% or Rs 5.00 from its previous closing of Rs 2575.00. The open interest of the contract stood at 15910 lots.

The contract for Chana futures July delivery was trading at Rs 2632.00, down by 0.38% or Rs 10.00 from its previous closing of Rs 2642.00. The open interest of the contract stood at 247870 lots on NCDEX.

Continue reading →

NCDEX Agri Commodity Market Report | NCDEX Tips

Pepper futures have plunged on Thursday, erasing all its previous session gains on the back of weak export demand, stable spot market and concerns of strong supplies from Vietnam. Recently, Vietnam Pepper Association reported reaching total production output of 100,000-110,000 tonnes of pepper in 2010-2011 crops, equivalent to that of 2010.

The contract for Pepper June delivery was trading at Rs 29220.00, down by 1.41% or Rs 417.00 from its previous closing of Rs 29637.00. The open interest of the contract stood at 4695 lots. The contract for Pepper July delivery was trading at Rs 28930.00, down by 1.17% or Rs 343.00 from its previous closing of Rs 29273.00. The open interest of the contract stood at 5404 lots on NCDEX.

CARDAMOM (JULY)
R1: 815
R2: 830
S1: 785
S2: 770
Trend: Consolidate
Strategy: Sell on High

GUARSEED (JULY)
R1: 3340
R2: 3370
S1: 3285
S2: 3260
Trend: Consolidate
Strategy: Buy on Dips

Continue reading →

NCDEX Agri Commodity (Pepper, Guar Seed) news & Trading Tips

Pepper futures have bounced back after witnessing a sharp fall in previous session on profit booking at the higher levels. Traders were waiting for some correction and that has led to buying in the commodity for the day. Guar Seed futures are trading marginally higher on the back of some buying interest at the lower levels. The commodity prices have been under pressure due to weakness in other agri commodities on favorable monsoon progress reports.

The contract for Pepper June delivery was trading at Rs 29655.00, up by 0.66% or Rs 195.00 from its previous closing of Rs 29460.00. The open interest of the contract stood at 5161 lots. The contract for Pepper July delivery was trading at Rs 29268.00, up by 0.16% or Rs 46.00 from its previous closing of Rs 29222.00. The open interest of the contract stood at 4913 lots on NCDEX.

The contract for Guar Seed June delivery was trading at Rs 3255.00, up by 0.06% or Rs 2.00 from its previous closing of Rs 3253.00. The open interest of the contract stood at 35480 lots. The contract for Guar Seed July delivery was trading at Rs 3323.00, up by 0.15% or Rs 5.00 from its previous closing of Rs 3318.00. The open interest of the contract stood at 187130 lots on NCDEX.

Continue reading →

MCX & NCDEX Agri Commodity Market news today | NCDEX Tips

Pepper futures are suffering heavy profit booking on Tuesday. Vietnam Pepper Association has reported reaching total production output of 100,000-110,000 tonnes of pepper in 2010-2011 crops, equivalent to that of 2010.
The contract for Pepper June delivery was trading at Rs 29900.00, down by 1.30% or Rs 394.00 from its previous closing of Rs 30294.00. The open interest of the contract stood at 6074 lots. The contract for Pepper July delivery was trading at Rs 29715.00, down by 1.35% or Rs 406.00 from its previous closing of Rs 30121.00. The open interest of the contract stood at 5395 lots on NCDEX.

Cardamom futures surge on the back of few more buying on account of confined selling by the cultivators at reduced levels on Tuesday. The MCX  Cardamon July futures are presently trading at Rs.816.50 per Kg, increased by 1.23 % while combating the preceding close up. In the sooner session the contract traded at a number of Rs.796-819.40 per Kg.

GUARSEED (JUNE)
R1: 3315
R2: 3345
S1: 3250
S2: 3200
Trend: Consolidate
Strategy: Buy on Dips

Continue reading →

NCDEX Agri Commodity Market news | NCDEX Tips

Pepper futures are trading mixed with near month contract lower suffering some profit booking after the recovery in last session. The contract for June delivery was trading at Rs 29450.00, down by 0.13% or Rs 39.00 from its previous closing of Rs 29,502.00. The open interest of the contract stood at 8174 lots. The contract for July delivery was trading at Rs 29315.00, up by 0.09% or Rs 25.00 from its previous closing of Rs 29,299.00. The open interest of the contract stood at 3133 lots on NCDEX.

CARDAMOM (JUNE)
R1: 782

R2: 795
S1: 755
S2: 735
Trend: Consolidate
Strategy: Sell on Highs

GUARSEED (JUNE)
R1: 3280
R2: 3350
S1: 3240
S2: 3190
Trend: Consolidate
Strategy: Buy on Dips


PEPPER, MENTHA OIL, SOY OIL

Continue reading →