Author: Ncdex Live Updates

NCDEX Live News

In futures trading, speculators increased their holdings in reaction to a high demand in the spot market, which caused the price of guar gum to rise by Rs 22, reaching Rs 8,518 per quintal. Guar gum contracts for December delivery on the NCDEX saw a rise of 0.26%, which is equivalent to an increase of Read More

NCDEX Live Updates

In futures trading, the price of guar seeds has gone up by Rs 10, coming to Rs 4,702 a quintal. This increase is the result of speculators enlarging their holdings in response to a powerful trend that has been witnessed in the spot market. Guar seed contracts for December delivery on the National Commodity and Read More

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Turmeric prices experienced a significant decline, closing 2.88% lower at Rs 13,970, influenced by an expansion in acreage bolstered by favorable rainfall during the ongoing sowing season. Stocks involving farmers in Warangal are nearly depleted, with no new arrivals recorded over the past two days. However, the downside appears constrained due to significant rainfall affecting Read More

NCDEX Live News

Jeera prices experienced an upward movement, concluding at Rs 21,710, reflecting a 1.24% increase, driven by unfavorable weather conditions and postponed sowing in key agricultural areas. Inconsistent precipitation has hindered agricultural preparations, resulting in Gujarat facing one of its most sluggish sowing seasons in recent years. Arrivals at Unjha are notably low, while premium-quality cumin Read More

NCDEX Live Updates

An gain of Rs 116 occurred in the price of coriander, which ultimately reached Rs 8,844 per quintal in the context of futures trading. One possible explanation for this increase is that speculators have increased their holdings, which was driven by a strong trend that was noticed in the spot market. Coriander contracts for December Read More

NCDEX Live News

Turmeric prices experienced a decline of 1.07%, settling at Rs 14,384 per quintal. This decrease is attributed to an expansion in acreage, spurred by favorable rainfall during the current sowing season, which may impact future supply levels. Nonetheless, the downside was constrained as yields in key producing states such as Maharashtra, Andhra Pradesh, and Karnataka Read More

NCDEX Live Updates

Jeera prices experienced a minor decrease of 0.16%, settling at Rs 21,445 per quintal. This decline can be attributed to ample supplies and subdued export demand, alongside sufficient existing stocks. Nonetheless, the adverse effects were constrained owing to climatic disturbances and postponed planting in crucial agricultural regions. Uneven rainfall has hindered sowing activities in Gujarat, Read More

NCDEX Updates

Turmeric prices exhibited an increase, closing 1.99% higher at Rs 14,540, as unfavorable weather conditions persisted in affecting major producing areas. Prolonged and substantial rainfall in Maharashtra, Andhra Pradesh, Karnataka, and Erode has adversely impacted agricultural yields and incited disease outbreaks, while elevated humidity has further complicated the preservation of crops. In Nanded, it is Read More

NCDEX Live Updates

Jeera prices experienced an uptick, concluding at Rs 21,480, reflecting a 1.42% increase. This rise can be attributed to constrained supplies and postponed sowing, which have bolstered market sentiment, even in the face of subdued export demand. Inconsistent and inadequate precipitation in critical agricultural areas, especially Gujarat, has hindered field preparation, leading to one of Read More

NCDEX Live Updates

Turmeric prices experienced a decrease of 0.89%, concluding at Rs 14,256, attributed to an increase in sowing acreage bolstered by favorable rainfall this season. Notwithstanding this drawback, market sentiment persists with a cautious firmness, as crop damage resulting from excessive rainfall in Maharashtra, Andhra Pradesh, and Karnataka has curtailed more pronounced declines. The persistent rainfall Read More

NCDEX Live Updates

Jeera futures experienced a decline of 0.89%, closing at Rs 21,180, influenced by a comfortable supply situation and lackluster export demand, given the ample old stock present in the domestic market. Notwithstanding the drawbacks, the decline was contained, as irregular precipitation and postponed planting persisted in providing fundamental support. Gujarat is experiencing one of the Read More

NCDEX Live

Turmeric futures experienced an increase of 0.59% to Rs 14,384, buoyed by crop damage in significant agricultural areas including Maharashtra, Andhra Pradesh, Karnataka, and certain regions of Tamil Nadu. Prolonged and substantial rainfall in Erode has led to complications regarding quality and the emergence of disease outbreaks, while elevated humidity levels are complicating storage, thereby Read More

NCDEX Updates

Jeera futures experienced a notable increase of 3.26%, reaching Rs 21,370, driven by unfavorable weather patterns, postponed sowing activities, and significantly reduced arrivals in major markets such as Unjha. The irregular and inadequate precipitation in Gujarat has led to one of the most sluggish sowing seasons observed in recent years, thereby maintaining heightened supply concerns. Read More

NCDEX Live Updates

Turmeric concluded yesterday’s trading session with a decline of 4.3%, settling at Rs 14,300. This downturn was influenced by anticipations of increased acreage this season, attributed to favorable rainfall conditions. Nonetheless, the downside remained constrained as apprehensions regarding crop damage lingered in crucial agricultural states like Maharashtra, Andhra Pradesh, and Karnataka, where excessive rainfall has Read More

NCDEX Live Updates

Jeera yesterday concluded 0.41% higher at 20,695, bolstered by short covering in the wake of recent declines attributed to weak export demand following the conclusion of the retail season. Market participants observed that international purchasers are predominantly dormant, as the available domestic inventories are adequate to fulfill the present export demands. Abundant supplies and lackluster Read More

NCDEX Live News

According to futures trading, the price of guar gum reached Rs 8,477 per quintal on Friday, indicating a Rs 33 gain from the previous day. It is possible that speculators have increased their holdings in reaction to the substantial demand that is present in the spot market, which has led to this increase. Guar gum Read More

NCDEX Live News

When futures trading was taking place, the price of guar seeds increased by Rs 17, reaching Rs 4,701 per quintal. This increase occurred as a result of speculators increasing their holdings in reaction to a powerful trend that was witnessed in the spot market. The price of guar seed contracts for December delivery on the Read More

NCDEX Live Updates

Turmeric prices experienced a decline of 0.6%, concluding at Rs 14,942, attributed to a rise in acreage resulting from beneficial rainfall during the sowing period. Nevertheless, the downside was constrained, as crop yields in significant agricultural states such as Maharashtra, Andhra Pradesh, and Karnataka experienced adverse effects due to excessive rainfall. Persistent rainfall in Erode Read More

NCDEX Live Updates

Jeera yesterday settled marginally higher by 0.05% at Rs 20160, buoyed by short covering in the wake of recent declines attributed to weak export demand following the conclusion of the retail season. Market participants observed a lack of robust engagement from international purchasers, as ample supplies and adequate inventory levels persisted in applying downward pressure Read More

NCDEX Live News

In the context of futures trading, the prices of cottonseed oil cake witnessed a decline of Rs 17, ultimately reaching a level of Rs 2,941 per quintal. In response to unfavorable patterns that have been noticed in the spot market, participants have reduced their positions, which can be linked to this fall. There was a Read More