Cottonseed oil cake prices on Friday increased by Rs 11 to Rs 3,714 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 11, or 0.30 percent, reaching Rs 3,714 per Read More
Turmeric concluded with a slight increase of 0.14% at Rs. 26,316, buoyed by constrained pipeline supplies, reduced acreage forecasts for the forthcoming season, and apprehensions regarding unfavourable weather patterns in key production areas.However, prices encountered profit booking following the recent rally, while international enquiries from Bangladesh, the Middle East, and Southeast Asia experienced a temporary Read More
Turmeric experienced a decline of 1.22%, closing at Rs 26,984, attributed to profit booking following recent gains. This downturn comes in the context of renewed demand, diminished stockist selling, and constrained spot availability. Declining carry-forward stocks and apprehensions regarding weather-related crop damage persisted in offering foundational support. In Karnataka, drought conditions have impacted turmeric cultivation Read More
Guar seed prices experienced a decline of Rs 205, settling at Rs 8,100 per quintal in futures trade on Monday, attributed to ample supplies in the market. On the National Commodity and Derivatives Exchange, guar seed contracts for November delivery decreased by Rs 205, or 2.47 percent, to 8,100 per quintal, accompanied by an open Read More
Turmeric concluded with a 0.08% increase at Rs. 26,616, bolstered by a resurgence in demand, diminished selling from stockists, and constrained spot availability as holders limited sales due to apprehensions regarding future supplies. Drought-related crop losses in Karnataka have bolstered bullish sentiment, as an official joint survey estimates turmeric damage across 13,446 hectares, valued at Read More
Jeera concluded at Rs 27,145, reflecting a 1.25% increase, bolstered by the constriction of premium quality bold seed supplies, anticipations of diminished domestic production, and sustained strength in adjacent futures contracts. Farmers are strategically withholding stocks, expecting improved prices as the October sowing period approaches. Concurrently, diminishing arrivals at key trading hubs like Unjha and Read More
Turmeric concluded at Rs 21,490, reflecting a 1.18% increase, bolstered by a tight supply scenario, apprehensions regarding inadequate rainfall, and worries about El Nino’s impact on the currently sown crop. Additionally, the lower-than-anticipated expansion of acreage in crucial growing areas has heightened concerns about future production. Declining carry-forward stocks from previous years have further tightened Read More
On Tuesday, guar seed prices decreased by Rs 11, settling at Rs 6,281 per quintal in futures trade, attributed to ample supplies in the market. On the National Commodity and Derivatives Exchange, guar seed contracts for September delivery decreased by Rs 11, or 0.17 per cent, settling at Rs 6,281 per quintal, accompanied by an Read More
