Turmeric concluded with an increase of 0.81% at Rs 20,750, bolstered by a tight supply scenario, diminished carry-forward inventories, and apprehensions that arid conditions and El Nino may impact the recently planted crop. Lower-than-expected sowing expansion in key growing regions has raised concerns over upcoming production, while continued dryness during early crop development could adversely Read More
Guar seed prices experienced a decline of Rs 45, settling at Rs 6,805 per quintal in futures trade on Friday, attributed to abundant supplies in the market. On the National Commodity and Derivatives Exchange, guar seed contracts for October delivery decreased by Rs 45, or 0.66 percent, settling at Rs 6,805 per quintal, accompanied by Read More
On Friday, guar gum prices experienced a slight decline of Rs 25, settling at Rs 13,113 per quintal in futures trade. This movement was attributed to market participants liquidating their positions in response to a subdued trend observed in the spot market. On the National Commodity and Derivatives Exchange, guar gum contracts for October delivery Read More
Turmeric concluded the trading session with an increase of 1.11%, reaching Rs 20,584. This rise is attributed to a tight supply scenario, apprehensions regarding inadequate rainfall, and worries that El Nino conditions may impact the ongoing crop sowing. Subpar growth in sowing activities within critical agricultural zones has heightened apprehensions regarding forthcoming production levels, particularly Read More
Coriander prices fell by over 1 percent to Rs 13,788 per quintal in futures trade on Tuesday, as participants reduced their positions in response to weak demand in the spot market. On the National Commodity and Derivatives Exchange, coriander contracts for October delivery decreased by Rs 164, or 1.18 percent, to Rs 13,788 per quintal, Read More
Cottonseed oil cake price increased by Rs 62 to reach Rs 3,360 per quintal in futures trade on Tuesday, driven by speculators establishing new positions in response to heightened demand. On the National Commodity and Derivatives Exchange, cottonseed oil cake for December delivery rose by Rs 62, or nearly 2 percent, to Rs 3,360 per Read More
Guar gum prices increased by Rs 262 to Rs 13,461 per quintal in futures trade on Friday, driven by speculators augmenting their holdings in response to robust spot demand. On the National Commodity and Derivatives Exchange, guar gum contracts for October delivery experienced an increase of Rs 262, or 1.98 percent, reaching Rs 13,461 per Read More
Guar seed prices increased by Rs 110 to Rs 6,956 per quintal in futures trade on Friday, driven by heightened investor speculation. On the National Commodity and Derivatives Exchange, guar seed contracts for October delivery increased by Rs 110, or 1.61 percent, reaching Rs 6,956 per quintal, accompanied by an open interest of 67,260 lots. Read More
Cottonseed oil cake prices experienced an increase of Rs 90, reaching Rs 2,630 per quintal in futures trade on Thursday. This uptick can be attributed to speculators establishing new positions in response to heightened demand. On the National Commodity and Derivatives Exchange, cottonseed oil cake for September delivery experienced an increase of Rs 90, or Read More
Coriander prices on Thursday declined by Rs 292 to Rs 14,312 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 292, or 2 percent, settling at Rs 14,312 per quintal, Read More
On Wednesday, guar gum prices experienced a slight decline of Rs 4, settling at Rs 12,769 per quintal in futures trading. This movement was attributed to market participants liquidating their positions in response to a subdued trend observed in the spot market. On the National Commodity and Derivatives Exchange, guar gum contracts for October delivery Read More
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 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
