Turmeric concluded at Rs 20,500, reflecting a 0.98% increase, driven by a tight supply scenario, limited sowing growth, and apprehensions regarding insufficient rainfall and El Nino conditions potentially impacting the growing crop. Prolonged dry conditions in the early growth phase could lead to diminished yields, coupled with a notable decrease in carry-forward stocks over recent Read More
Jeera settled 0.5% lower at Rs 20,995 as aggressive farmer liquidation heightened selling pressure, with favourable weather in Northwest India facilitating quicker harvesting and drying, thereby accelerating market arrivals. Increasing NCDEX warehouse stocks have diminished the necessity for immediate spot procurement, as major industrial spice grinders exercise caution regarding bulk purchases, opting instead to await Read More
Turmeric settled 1.13% lower at Rs 20,302 as enhanced monsoon activity in Maharashtra, Telangana, and North Karnataka alleviated worries regarding dry weather and the risk of crop damage. Reservoir levels in Telangana and Andhra Pradesh have shown improvement, which ensures enhanced water availability during the vegetative phase. Additionally, rainfall has facilitated the completion of re-sowing Read More
Jeera settled 1.26% lower at Rs 21,100 as farmers aggressively liquidated stocks to generate cash flow for the upcoming season. Favourable weather in Northwest India facilitated faster harvesting and drying, thereby accelerating market arrivals. Increasing NCDEX warehouse stocks have diminished the necessity for immediate spot procurement, as major industrial spice grinders are refraining from bulk Read More
Cottonseed oil cake prices on Tuesday experienced a slight increase, reaching Rs 3,283 per quintal in futures trade, driven by speculators establishing new positions in response to heightened demand. On the National Commodity and Derivatives Exchange, cottonseed oil cake for December delivery experienced an increase of Rs 1, or 0.03 percent, reaching Rs 3,283 per Read More
Futures trading for coriander rose Rs 60 to Rs 15,760 a quintal on Tuesday, driven by increased demand in the spot market. Contracts for the delivery of coriander in October on the National Commodity and Derivatives Exchange reached 20,185 lots at Rs 15,760 a quintal, a rise of Rs 60 (0.38%). Spot market demand has Read More
Turmeric concluded at Rs 20,534, reflecting a 0.65% increase, bolstered by a tight supply scenario, less-than-anticipated sowing growth, and apprehensions regarding insufficient rainfall and the potential impact of El Nino on the growing crop. Carry-forward stocks have experienced a notable decline in recent years, with industry estimates indicating current stocks at approximately 15 lakh bags, Read More
As active farmer liquidation ahead of the forthcoming season increased market arrivals and put pressure on prices, Jeera finished 0.4% lower at Rs 21,370. Favourable weather conditions in Northwest India facilitated a more rapid harvesting and drying process than anticipated, thereby expediting deliveries. Concurrently, the increase in NCDEX warehouse stocks diminished the immediate need for Read More
Turmeric concluded the trading session with an increase of 0.78%, reaching a level of Rs 20,402. This rise was underpinned by apprehensions regarding hand-to-mouth availability, insufficient rainfall, and the possible repercussions of El Nino on the recently sown crop. Lower-than-expected expansion in sowing across key growing regions has raised concerns over upcoming production, while carry-forward Read More
Even if overall physical supplies are still pretty stable, Jeera closed slightly higher by 0.07% at Rs 21,455 thanks to a quick tightening of the supply of premium-quality bold and export-grade high-purity seeds. Daily arrivals at major markets, including Unjha in Gujarat and those in Rajasthan, have begun to decrease. Concurrently, outbreaks of blight in Read More
Turmeric settled 0.57% higher at Rs 20244, bolstered by a hand-to-mouth supply situation, lower-than-anticipated sowing expansion in key growing regions, and apprehensions that inadequate rainfall and a potential El Nino could impact the forthcoming crop. Carry-forward stocks have experienced a notable decline in recent years, with industry estimates indicating that current stocks stand at approximately Read More
Jeera settled 0.61% higher at Rs 21440, bolstered by a swift reduction in the availability of premium-quality bold seeds, despite the overall physical crop supplies remaining relatively stable. Daily arrivals at major markets, including Unjha and Rajasthan, have begun to decrease, while blight disease in certain regions of Gujarat has adversely affected both crop quality Read More
Turmeric settled 0.56% higher at Rs 20,130, driven by concerns regarding a hand-to-mouth supply situation, lower-than-anticipated sowing expansion in crucial growing regions, and potential weather risks associated with El Nino affecting the newly sown crop. Insufficient rainfall in the initial growth stage has heightened worries regarding crop development and yield potential, while a decrease in Read More
With daily deliveries in important markets like Unjha and Rajasthan beginning to drastically fall, Jeera settled 1.31% higher at Rs 21,310 despite rapid constriction in the supply of premium-quality bold seeds. While the general availability of physical crops remains stable, the supplies of export-grade high-purity bold seeds are diminishing more rapidly than anticipated. Additionally, blight Read More
Guar gum prices experienced an increase of Rs 59, reaching Rs 13,064 per quintal in futures trade on Wednesday. This rise can be attributed to 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 59, or Read More
Guar seed prices increased by Rs 32 to Rs 6,702 per quintal in futures trade on Wednesday, driven by heightened investor speculation. On the National Commodity and Derivatives Exchange, guar seed contracts for September delivery increased by Rs 32, or 0.48 per cent, reaching Rs 6,702 per quintal, accompanied by an open interest of 49,505 Read More
Turmeric settled sharply lower by 3.50% at Rs 20,018 as profit booking intensified after improved monsoon activity across Maharashtra, Telangana and North Karnataka eased concerns over crop damage and water availability. Key reservoirs in Telangana and Andhra Pradesh have also improved, ensuring reliable water supply during the vegetative stage and reducing immediate crop failure fears. Read More
Jeera settled lower by 0.71% at Rs 21,035 as aggressive farmer liquidation increased ahead of the upcoming season, with favourable weather in Northwest India facilitating faster harvesting and drying, thereby accelerating deliveries. Increasing NCDEX warehouse stocks have diminished the immediacy for spot procurement, as major industrial spice grinders and domestic processors exercise caution, opting to Read More
On Tuesday, the prices of cottonseed oil cake declined by Rs 4, settling at Rs 3,322 per quintal in futures trade, as market participants scaled back their positions in response to a lacklustre trend observed in the spot market. On the National Commodity and Derivatives Exchange, cottonseed oil cake for December delivery experienced a decline Read More
Coriander prices on Tuesday declined by Rs 336 to Rs 16,020 per quintal in futures trade as participants reduced their 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 336, or 2.05 per cent, settling at Rs 16,020 per Read More
