Guar seed prices increased by Rs 5 to Rs 6,678 per quintal in futures trade on Wednesday, driven by heightened investor speculation. On the National Commodity and Derivatives Exchange, guar seed contracts for October delivery increased by Rs 5, or 0.07 percent, to Rs 6,678 per quintal, accompanied by an open interest of 63,810 lots. Read More
Turmeric concluded the trading session at Rs 20,892, reflecting a decline of 1.08%. This drop can be attributed to the resurgence of monsoon conditions in Maharashtra, Telangana, and North Karnataka, which alleviated worries regarding arid weather and enhanced expectations for the forthcoming harvest. Reservoir levels in Telangana and Andhra Pradesh have shown improvement, which enhances Read More
Jeera concluded the trading session with a 0.19% increase, reaching Rs 21,605, as the supply of premium-quality bold seeds diminished swiftly. This scarcity is particularly evident in export-grade, high-purity varieties, even as the overall physical availability remains stable. Daily arrivals in significant markets like Unjha in Gujarat and Rajasthan have begun to decline, which is Read More
Coriander prices on Tuesday declined by Rs 286 to Rs 14,670 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 286, or 1.91 percent, settling at Rs 14,670 per quintal, Read More
On Tuesday, the prices of cottonseed oil cake declined by Rs 42, settling at Rs 3,380 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
Turmeric prices concluded at Rs 21,120, reflecting a 2.73% increase, driven by a hand-to-mouth supply scenario, apprehensions regarding insufficient rainfall, and worries about the potential impact of El Nino on the currently sown crop. Additionally, the lower-than-anticipated growth in acreage in crucial cultivation areas has heightened concerns regarding future production levels. Prolonged dry conditions in Read More
Jeera prices concluded at Rs 21,565, reflecting a 0.33% increase, bolstered by the swiftly diminishing supply of premium-quality bold seeds. This trend is attributed to a more rapid decline in the availability of export-grade high-purity varieties compared to the overall physical supply. Daily arrivals at major markets such as Unjha and Rajasthan have begun to Read More
Turmeric concluded the trading session with an increase of 0.28%, reaching Rs 20,558. This uptick comes in the context of apprehensions regarding inadequate rainfall, the possible effects of El Nino, and a slower-than-anticipated expansion in sowing across crucial agricultural areas, which collectively heighten concerns about diminished production in the forthcoming harvest. Declining carry-forward stocks have Read More
Jeera dropped 0.45% to Rs 20,900 as Northwest India’s favourable weather sped up harvesting, drying, and delivery while farmers aggressively sold stocks to generate cash flow ahead of the upcoming season. Increasing NCDEX warehouse stocks have diminished the immediacy for spot procurement, leading large industrial spice grinders to exercise caution and postpone bulk purchases in Read More
Guar seed prices experienced a slight decline, settling at Rs 6,687 per quintal in futures trading on Thursday, attributed to sufficient supply levels. On the National Commodity and Derivatives Exchange, guar seed contracts for October delivery decreased by Rs 1, or 0.01 percent, settling at Rs 6,687 per quintal, accompanied by an open interest of Read More
Guar gum prices experienced an increase of Rs 9, reaching Rs 12,850 per quintal in futures trading on Thursday. This rise can be attributed to speculators augmenting their positions in response to robust demand in the spot market. On the National Commodity and Derivatives Exchange, guar gum contracts for October delivery experienced an increase of Read More
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
