As a result of the abundant supply of guar seeds in the market, the prices of guar seeds dropped by 24 rupees on Friday, reaching a final price of Rs 5,768 per quintal in futures trading. Guar seed contracts for delivery in June settled at Rs 5,768 a quintal on the National Commodity and Derivatives Read More
As a result of market players adjusting their positions in reaction to unfavorable patterns observed in the spot market, the prices of cottonseed oil cake dropped by Rs 3, reaching a total of three thousand five hundred fifty rupees per quintal in futures trading on Friday. On the National Commodity and Derivatives Exchange, cottonseed oil Read More
Turmeric prices experienced a decline of -0.52%, concluding at Rs 16,016, influenced by a significant increase in arrivals at major mandis including Nizamabad, Erode, and Hingoli. The swift liquidation of agricultural produce by farmers, driven by liquidity requirements ahead of the Kharif sowing season, has resulted in a short-term oversupply in the market. Furthermore, the Read More
The price of guar seed reached Rs 5,724 a quintal in futures trading on Friday, an increase of 46 rupees as a result of increased investor activity. This was the highest price ever recorded for guar seed. The existence of the possibility of a greater price was the impetus for this increase. On the National Read More
Jeera prices experienced a modest increase, rising by 0.23% to close at Rs 22,065, bolstered by apprehensions regarding weather conditions in major production areas. The India Meteorological Department has issued a warning regarding increasing temperatures in North Gujarat, which may adversely affect seed development in late-sown crops and consequently lead to a decline in yields. Read More
There is a substantial obstacle that the price faces at Rs 3,394, which indicates that a powerful correction is now taking place. The support levels that have been identified as Rs 3,288 and Rs 3,266 provide prospects for acquisition that may be considered realistic. An indication of a likely downturn in the market is provided Read More
