Spices complex on NCDEX ended Wednesday’s session in green. Jeera futures rose on lower production in the 2021-22 rabi season, while bargain buying moves were seen coriander futures after it had hit 8-week lows. Short covering moves were witnessed in Turmeric futures. Production of spices in India is likely to have declined 1.5% on year Read More
A mixed trend was seen in NCDEX spices complex on Tuesday. Jeera futured inch up on expectation of lower supply, while coriander and turmeric futures were down on tepid demand. Production of spices in India is likely to have declined 1.5% on year to 10.9 mln tn in 2021-22 (Jul-Jun), according to data from Spices Read More
Mixed moves were witnessed in NCDEX spices complex on Thursday. Jeera futures continued rising, hitting fresh record highs, while coriander and turmeric futures swung between positive and negative territory, culminating the session in red. Production of spices in India is likely to have declined 1.5% on year to 10.9 mln tn in 2021-22 (Jul-Jun), according Read More
Jeera futures hit fresh record high on fall in production in 2021-22 rabi season. Coriander and turmeric futures were up on short-covering, however gains were limited on tepid demand. Production of spices in India is likely to have declined 1.5% on year to 10.9 mln tn in 2021-22 (Jul-Jun), according to data from Spices Board Read More
Jeera September futures on NCDEX was shy of hitting all time high on Friday on lower production estimates, while short covering moves were witnessed in coriander and turmeric futures. Production of spices in India is likely to have declined 1.5% on year to 10.9 mln tn in 2021-22 (Jul-Jun), according to data from Spices Board Read More
Sentiments were weak in the spices complex on NCDEX on Monday. Jeera futures hit its lowest level in two weeks on spot cues, while tepid demand weighed on coriander and turmeric futures. As per Andhra Pradesh agricultural department, as on 27th July Turmeric sowing activity completed around 7,958 hectares as compared to last year same Read More
Steady to weak sentiments were witnessed in NCDEX spices complex on Friday as well. Jeera and coriander futured ended down, while turmeric futures posted gains. Short covering moves were witnessed in turmeric, while subdued demand weighed on coriander futures. As per Andhra Pradesh agricultural department, as on 27th July Turmeric sowing activity completed around 7,958 Read More
Profit booking continued in NCDEX Jeera futures on Wednesday, it shed more than one percent. Coriander futures slipped more than two per cent on tepid demand and so was turmeric futures, which lost more than one per cent on subdued domestic and overseas demand. As per Andhra Pradesh agricultural department, as on 27th July Turmeric Read More
Spices complex traded steady to weak on Tuesday. Turmeric futures slipped more than two per cent on subdued demand, while jeera ended down on profit booking after rallying to record high the other day. Coriander futures ended rather flat on steady demand. As per Andhra Pradesh agricultural department, as on 27th July Turmeric sowing activity Read More
Sentiments were sanguine in the NCDEX spices complex on Monday. Jeera futures climbed to fresh record high on concerns over fall in production. Turmeric futures inched higher to end about one per cent up, while coriander trimmed initial gains to end session in green. Steady demand lend support. According to fourth advanced estimates by Gujarat Read More
Choppy moves were witnessed in NCDEX spices complex and ended Thursday’s session in green. Forecast of lower production lifted jeera futures, while steady demand supported coriander and turmeric futures. According to fourth advanced estimates by Gujarat government, jeera production is seen fall by 44.5 per cent to 221500 tonnes in 2021-22 on yoy basis, while Read More
Spices pared initial losses to end Tuesday’s session in green on NCDEX. Jeera futures reversed losses and rose after rains affected supplies to the spot market. Coriander futures were up on short covering after the recent fall, while in the spot market it traded steady. Turmeric futures gained the most, by more than one per Read More
Turmeric futures stretched losses on lackluster demand and progress in sowing. According to fourth advanced estimates by Gujarat government, jeera production is seen fall by 44.5 per cent to 221500 tonnes in 2021-22 on yoy basis, while that of coriander is seen at 208090 tonnes, down by 5.9 per cent during the same time period. Read More
Mixed trend was seen in NCDEX spices complex on Friday. Jeera futures hit fresh record highs before trimming gains to end the session flat, while coriander and turmeric futures ended down by more than more per cent respectively. According to fourth advanced estimates by Gujarat government, jeera production is seen fall by 44.5 per cent Read More
Mixed moves continued in spices complex on NCDEX. On Wednesday, jeera and coriander futures inched down while turmeric futures gained more than one per cent on firm demand. Jeera futures came under profit booking after hitting record highs, while coriander futures came under pressure from rise in arrivals and tepid demand. The National Commodity & Read More
Red Chilli prices have crashed in Andhra Pradesh and Telangana. Good domestic production along with a good crop in Pakistan is the main reason behind this sharp fall. Premium Verities (Byadgi and Devam) are being quoted at Rs. 7,000-8,000 per quintal, lower than last year’s Rs. 12,000 per quintal
Spices complex was in red on Friday. Profit booking was seen in jeera futures after rising to three month highs, while tepid demand dragged down coriander and turmeric futures. The National Commodity & Derivatives Exchange has received approval from the Securities and Exchange Board of India to launch options in goods contracts on turmeric, jeera Read More
The National Agricultural Cooperative Marketing Federation of India is likely to miss its tur procurement target for the year ending in September, under the price stabilisation fund scheme, an official with the agency said. India received 4.7 mm rainfall, 33% below the normal weighted average of 7.0 mm, according to data released by the India Read More
The National Agricultural Cooperative Marketing Federation of India is likely to miss its tur procurement target for the year ending in September, under the price stabilisation fund scheme, an official with the agency said. India received 4.7 mm rainfall, 33% below the normal weighted average of 7.0 mm, according to data released by the India Read More
The National Agricultural Cooperative Marketing Federation of India is likely to miss its tur procurement target for the year ending in September, under the price stabilisation fund scheme, an official with the agency said. India received 4.7 mm rainfall, 33% below the normal weighted average of 7.0 mm, according to data released by the India Read More
