The prices of cottonseed oil cake have undergone a modest reduction, now positioned at Rs 2,901 per quintal within the realm of futures trading. This adjustment can be attributed to market participants recalibrating their positions in light of the subdued trends noted in the spot market. The cottonseed oil cake futures for December delivery on Read More
Turmeric prices concluded the trading session with a modest increase of 0.2%, reaching Rs 12100. This uptick can be attributed to recent substantial rainfall in key agricultural areas, notably Nanded, which has adversely affected approximately 15% of the existing crop, thereby providing upward pressure on prices. Weather developments continue to be a significant factor, as Read More
Jeera prices held steady at Rs 19,480, as lackluster domestic and export demand following the retail season contributed to a subdued market environment. Market participants noted that the conclusion of the retail season, coupled with restricted engagement from international buyers, persists in exerting downward pressure on prices. Abundant supplies and subdued export activity exerted additional Read More
The market for coriander experienced a decline, with prices diminishing by Rs 74, settling at Rs 8,334 per quintal in futures trading. This downward movement can be attributed to speculators scaling back their positions in response to subdued demand observed in the spot market. On the NCDEX, the contracts for coriander scheduled for delivery in Read More
The prices of cottonseed oil cake experienced a decline of Rs 9, settling at Rs 2,914 per quintal in the futures market, as market participants adjusted their positions in response to the prevailing bearish trends observed in the spot market. On the National Commodity and Derivatives Exchange, the futures contract for cottonseed oil cake scheduled Read More
Turmeric experienced a slight decline of -0.25% yesterday, settling at Rs 12,076. This movement can be attributed to an expansion in cultivated area, bolstered by the advantageous precipitation observed throughout the ongoing sowing season. Nonetheless, the potential negative impact was somewhat mitigated as recent substantial precipitation, especially in Nanded, detrimentally influenced the existing turmeric cultivation, Read More
Jeera experienced a decline of -0.54% yesterday, settling at Rs 19,480. This downturn can be attributed to subdued domestic and export demand, a consequence of the retail season’s conclusion. Nonetheless, the potential drawbacks were mitigated, as the GST council’s resolution to reduce the GST rate to 5% serves as a catalyst for enhancing FMCG exports Read More
Jeera and coriander futures inched up, while turmeric futures ended marginally down on Thursday. Festival demand lifted jeera and coriander futures. Concerns over unfavourable weather in Rajasthan too lend support to coriander futures. India’s export of spices during Apr-Nov declined 14% on year to 898,007 tn, according to data from the Spices Board India. In Read More
Rising arrivals in the spot market continued weighing on NCDEX spices complex. Jeera futures fell more than four per cent. Tepid demand weighed on as well. Turmeric futures declined as well, shedding over one per cent. India’s export of spices during Apr-Nov declined 14% on year to 898,007 tn, according to data from the Spices Read More
Spices complex on NCDEX was in red on Wednesday, with dhaniya futures shedding more than three per cent and jeera falling over two per cent. Rising arrivals in the spot market weighed on. India’s export of spices during Apr-Nov declined 14% on year to 898,007 tn, according to data from the Spices Board India. In Read More
Except for turmeric, other spices were up on NCDEX on Monday. Jeera and coriander futures gained on rise in festival demand. Turmeric continued to be under pressure from higher arrivals and higher carry over stocks. India’s export of spices during Apr-Nov declined 14% on year to 898,007 tn, according to data from the Spices Board Read More
Mixed moves were witnessed in NCDEX spices complex on Wednesday. Jeera futures inched higher on festival demand though rising in arrivals in the spot market weighed on, keeping gains under check. In the meantime, turmeric and coriander futures ended down. India’s export of spices during Apr-Nov declined 14% on year to 898,007 tn, according to Read More
Weakness was witnessed in NCDEX spices complex on Friday, with coriander futures hitting over one year low. Rising arrival of new crop in the spot market put downwards pressure on jeera, turmeric as well as coriander futures. Tepid demand weighed on as well. India’s export of spices during Apr-Nov declined 14% on year to 898,007 Read More
Weakness was witnessed in NCDEX spices complex on Friday, with coriander futures hitting over one year low. Rising arrival of new crop in the spot market put downwards pressure on jeera, turmeric as well as coriander futures. Tepid demand weighed on as well. India’s export of spices during Apr-Nov declined 14% on year to 898,007 Read More
Sentiments were steady to positive in the spices complex on NCDEX on Wednesday. Jeera futures bounced up from the seven week lows on bargain buying. Turmeric futures too inched higher, gaining more than two per cent, after recent declines. In the meantime, dhaniya futures were seen steadying and ended the session in green. India’s export Read More
Mixed moves were witnessed in NCDEX spices complex on Tuesday. Jeera futures stretched losses on weak demand. Turmeric futures were under pressure as well on tepid demand and rise in arrivals in the spot market. In the meantime, dhaniya futures ended in green though the underlying sentiments stayed feeble. India’s export of spices during Apr-Nov Read More
Jeera futures tumbled on NCDEX on Monday, shedding over four percent. Weak demand and rising arrivals in the spot market weighed on. In the meantime, coriander and turmeric futures traded steady to weak on the bourse weighed down by tepid demand. India’s export of spices during Apr-Nov declined 14% on year to 898,007 tn, according Read More
Mixed moves were seen in NCDEX spices complex on Thursday. Jeera and coriander futures ended on a positive note, while turmeric continued declining on the bourse. Firm demand lifted jeera futures, while turmeric futures came under pressure from expectation of rise in arrivals in coming days. India’s export of spices during Apr-Nov declined 14% on Read More
Mixed moves were seen in NCDEX spices complex on Thursday. Jeera and coriander futures ended on a positive note, while turmeric continued declining on the bourse. Firm demand lifted jeera futures, while turmeric futures came under pressure from expectation of rise in arrivals in coming days. India’s export of spices during Apr-Nov declined 14% on Read More
Spices complex was under pressure on NCDEX on Wednesday. Turmeric futures hit two month low on weak demand. Dhaniya futures too inched lower on tepid demand amidst arrival of new crop. Jeera futures, in the meantime, pared initial gains to end the session down. India’s export of spices during Apr-Nov declined 14% on year to Read More
