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
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
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
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
Turmeric prices concluded with an increase of 0.70%, reaching attributed to a tight supply scenario, less-than-anticipated growth in sowing within major cultivation areas, and apprehensions that El Nino and insufficient rainfall may impact the maturing crop. Declining carry-forward stocks accumulated over the past three to four years have further tightened availability, with industry estimates placing Read More
Due to a hand-to-mouth supply crisis, worries about El Nino, and lower-than-expected seeding expansion in important growing regions, turmeric settled considerably higher by 2.19% at Rs 20,600, prompting concerns about decreased output in the upcoming crop. Deficient rainfall during the early crop development phase has heightened yield concerns, while carry-forward stocks accumulated over the past Read More
