Turmeric settled up 3.62% at Rs 20,158, bolstered by a tight supply situation, apprehensions regarding the El Nino effect on the newly sown crop, and a lower-than-anticipated increase in sowing across major growing regions, which has heightened concerns about diminished production in the forthcoming harvest. Persistent dry conditions during the early crop development phase could Read More
Jeera settled up 0.27% at Rs 20,800, bolstered by a swift contraction in the availability of premium-quality bold seeds, despite total physical crop supplies remaining relatively stable. Daily arrivals at major trading centers, including Unjha in Gujarat and regions of Rajasthan, have begun to show a notable decline. Concurrently, the presence of blight disease in Read More
Turmeric prices experienced a significant decline of 5.07%, closing at Rs 19,454. This drop can be attributed to intensified profit booking following enhanced monsoon activity in Maharashtra, Telangana, and North Karnataka, which alleviated previous worries regarding dry weather and the risk of crop losses. Reservoir levels in Telangana and Andhra Pradesh have shown improvement, which Read More
Jeera prices concluded at Rs 20,745, reflecting a decline of 0.84%. This downturn can be attributed to farmers actively liquidating their stocks to enhance cash flow in preparation for the Kharif sowing season. Additionally, favourable weather conditions in Northwest India have facilitated quicker harvesting and drying processes, thereby increasing market arrivals. Increasing NCDEX warehouse stocks Read More
Turmeric experienced a significant decline of 5.73%, closing at Rs 20,494, as profit-taking surged following the resurgence of monsoon conditions in Maharashtra, Telangana, and North Karnataka, which alleviated worries regarding dry weather and possible crop damage. Enhanced rainfall and the replenishment of critical reservoirs in Telangana and Andhra Pradesh have secured improved water availability during Read More
Jeera concluded the trading session with an increase of 0.41%, reaching Rs 20,920. This rise is attributed to the diminishing supply of premium-quality bold seeds, as arrivals in key markets like Unjha and Rajasthan have begun to decline. While the general physical availability holds steady, the supply of export-grade, high-purity bold seeds is diminishing more Read More
On Tuesday, guar gum prices decreased by Rs 20, settling at Rs 12,150 per quintal in futures trade, as market participants liquidated their positions in response to a declining trend in the spot market. On the National Commodity and Derivatives Exchange, guar gum contracts for September delivery experienced a decrease of Rs 20, or 0.16 Read More
On Tuesday, guar seed prices decreased by Rs 11, settling at Rs 6,281 per quintal in futures trade, attributed to ample supplies in the market. On the National Commodity and Derivatives Exchange, guar seed contracts for September delivery decreased by Rs 11, or 0.17 per cent, settling at Rs 6,281 per quintal, accompanied by an Read More
Turmeric concluded the session at Rs 21,740, reflecting a decline of 1.35% as traders engaged in profit-taking following recent increases. Concurrently, enhanced monsoon conditions in Maharashtra, Telangana, and North Karnataka alleviated worries regarding crop stress. Enhanced reservoir levels in Telangana and Andhra Pradesh have secured improved water availability during the vegetative phase, alleviating concerns regarding Read More
Jeera settled 0.48% higher at Rs 20,835, bolstered by a reduction in the availability of premium-quality bold seeds, as arrivals in key markets such as Unjha and Rajasthan started to decline. While the general physical availability remains consistent, the supplies of export-grade high-purity seeds are diminishing more rapidly than anticipated. Concurrently, blight outbreaks in significant Read More
Jeera settled 0.38% lower at Rs.20,735, influenced by aggressive farmer selling as growers liquidated stocks to generate cash for Kharif sowing. Favourable weather conditions in northwest India facilitated the swift progression of harvesting and drying processes, leading to an increase in arrivals. Concurrently, the rise in NCDEX warehouse stocks diminished the urgency for immediate spot Read More
Turmeric concluded with a gain of 1.63%, reaching Rs.22,038, bolstered by a tight supply scenario, diminishing carry-forward inventories, and apprehensions that arid conditions and a possible El Nino may impact the recently planted crop. Lower-than-expected expansion in key growing regions initially heightened concerns regarding reduced production, while carry-forward stocks have decreased to approximately 15 lakh Read More
On Friday, the prices of cottonseed oil cake decreased by Rs 18, settling at Rs 3,481 per quintal in futures trade, as market participants scaled back their positions in response to a declining trend in the spot market. On the National Commodity and Derivatives Exchange, cottonseed oil cake for September delivery experienced a decline of Read More
Coriander prices on Friday declined by Rs 78 to Rs 16,202 per quintal in futures trade as participants reduced positions in response to subdued demand in the spot market. On the National Commodity and Derivatives Exchange, coriander contracts for October delivery decreased by Rs 78, or 0.48 per cent, settling at Rs 16,202 per quintal, Read More
Turmeric concluded at Rs 21,684, reflecting a 1.99% increase, bolstered by a tight supply scenario, diminishing carry-forward inventories, and apprehensions regarding the potential impact of El Nino on the ongoing sowing season. Lower-than-anticipated sowing expansion in several crucial agricultural regions, coupled with insufficient rainfall, has heightened apprehensions regarding total production. Furthermore, persistent dry conditions during Read More
Jeera settled 0.22% higher at Rs 20,815, bolstered by a swift contraction in the availability of premium-quality bold seeds, as arrivals in key markets like Unjha and Rajasthan started to decline. While total physical availability remains largely consistent, the decline in export-grade high-purity seed supplies is occurring at a quicker pace than anticipated. Additionally, blight Read More
Turmeric concluded the trading session with a 0.60% increase, reaching Rs 21,260, influenced by a tight supply scenario, diminishing carry-forward stocks, and apprehensions regarding the potential impact of El Niño on the ongoing crop sowing. Insufficient rainfall and a slower-than-anticipated increase in sowing across critical agricultural areas have heightened apprehensions regarding future output. Additionally, persistent Read More
While favourable weather in Northwest India sped up harvesting, drying, and deliveries, Jeera settled slightly higher by 0.02% at Rs 20,770 as farmers quickly liquidated stockpiles to generate cash flow for Kharif sowing. NCDEX warehouse stocks have continued to accumulate, diminishing the urgency for spot procurement. Meanwhile, large industrial spice grinders are exercising caution, opting Read More
Guar gum prices experienced an increase of Rs 21, reaching Rs 12,266 per quintal in futures trading on Wednesday, driven by speculators augmenting their positions in response to robust spot demand. On the National Commodity and Derivatives Exchange, guar gum contracts for September delivery experienced an increase of Rs 21, or 0.17 per cent, reaching Read More
On Wednesday, guar seed prices declined by Rs 15, settling at Rs 6,337 per quintal in futures trading, influenced by abundant supplies. On the National Commodity and Derivatives Exchange, guar seed contracts for September delivery decreased by Rs 15, or 0.24 per cent, settling at Rs 6,337 per quintal, accompanied by an open interest of Read More
