Author: Ncdex Live Updates

NCDEX Live Updates

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 Futures

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

NCDEX Live Updates

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

NCDEX Live Updates

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

NCDEX Updates

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

NCDEX Live Updates

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

NCDEX Live News

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

NCDEX Live News

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

NCDEX Live Updates

Turmeric concluded the trading session with a 0.57% increase, reaching Rs 21,134, driven by constrained supplies, diminishing carry-forward stocks, and apprehensions regarding inadequate rainfall and the possible impact of El Niño conditions on the growing crop. Sowing acreage is projected to rise by 16.05% year-on-year starting in 2025, maintaining levels above the five-year average of Read More

NCDEX Live Updates

Jeera concluded the trading session with a 0.53% increase, reaching Rs 20,765, driven by a reduction in the availability of premium-quality bold seeds, even as the overall physical crop supply remains stable. Daily arrivals at major markets, including Unjha in Gujarat and Rajasthan, have begun to decline, while outbreaks of blight in critical growing regions Read More

NCDEX Live News

Cottonseed oil cake prices on Tuesday increased by Re 1 to Rs 4,282 per quintal in futures trade, as speculators established new positions in response to heightened demand. On the National Commodity and Derivatives Exchange, cottonseed oil cake for August delivery experienced an increase of Re 1, or 0.02 per cent, reaching Rs 4,282 per Read More

Coriander Futures

Coriander prices on Tuesday increased by Rs 304 to Rs 15,702 per quintal in futures trade, influenced by heightened demand in the spot market. On the National Commodity and Derivatives Exchange, coriander contracts for August delivery increased by Rs 304, or 1.97 per cent, reaching Rs 15,702 per quintal in 7,605 lots. Market analysts indicated Read More

NCDEX Updates

Turmeric concluded the trading session with a 1.6% increase, reaching Rs 21,014. This rise was bolstered by a reduction in supply, a decrease in carryforward stocks, and apprehensions regarding the impact of El Nino on the newly sown crop. Deficient rainfall during early crop development has raised concerns regarding yields, while lower-than-anticipated sowing expansion in Read More

NCDEX Live Updates

Jeera settled 0.34% lower at Rs 20,655 as aggressive farmer selling ahead of Kharif sowing increased near-term availability and pressured prices. Favourable weather conditions in Northwest India facilitated quicker harvesting and drying processes, leading to an increase in arrivals. Concurrently, the rise in NCDEX warehouse stocks diminished the necessity for immediate spot procurement. Large industrial Read More

NCDEX Live Updates

Guar seed prices increased by Rs 53 to reach Rs 6,188 per quintal in futures trading on Monday, driven by heightened investor speculation. On the National Commodity and Derivatives Exchange, guar seed contracts for September delivery increased by Rs 53, or 0.86 per cent, reaching Rs 6,188 per quintal, accompanied by an open interest of Read More

NCDEX Live News

Guar gum prices experienced an increase of Rs 64, reaching Rs 11,792 per quintal in futures trade on Monday, driven by speculators augmenting their holdings in response to robust spot demand. On the National Commodity and Derivatives Exchange, guar gum contracts for September delivery experienced an increase of Rs 64, or 0.55 per cent, reaching Read More

NCDEX Live Updates

Turmeric concluded the trading session with a 3.59% increase, reaching a level of Rs 20,684. This upward movement was bolstered by a combination of factors including tightening supplies, a reduction in carry-forward stocks, concerns over insufficient rainfall, and apprehensions regarding the potential impact of El Nino on the newly sown crop. The market remains sensitive Read More

NCDEX Live News

Jeera concluded with a slight increase of 0.07% at Rs 20,725, bolstered by the swiftly diminishing availability of high-quality bold seeds, even as the overall physical crop supplies remained stable. Daily arrivals at major markets like Unjha and Rajasthan have begun to decline, while blight disease in crucial Gujarat producing regions has diminished both the Read More

NCDEX Live

Turmeric prices experienced a significant decline of 4.29%, settling at Rs 19,968. This drop can be attributed to the resurgence of monsoon activity in Maharashtra, Telangana, and North Karnataka, which alleviated previous worries regarding dry weather and the risk of crop losses. Enhanced rainfall and the replenishment of essential reservoirs in Telangana and Andhra Pradesh Read More

NCDEX Live Updates

Jeera prices concluded at Rs 20,710, reflecting a decline of 0.89%. This decrease can be attributed to farmers actively liquidating their stocks to enhance cash flow for Kharif sowing. Additionally, favourable weather conditions in Northwest India facilitated quicker harvesting and drying processes, leading to an uptick in arrivals. Increasing NCDEX warehouse stocks have diminished the Read More

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