Turmeric experienced a significant decline of 5.73%, closing at Rs 20,494, as profit-taking surged following the resurgence of monsoon conditions in Maharashtra, Telangana, and North Karnataka, which alleviated worries regarding dry weather and possible crop damage. Enhanced rainfall and the replenishment of critical reservoirs in Telangana and Andhra Pradesh have secured improved water availability during Read More
Jeera concluded the trading session with an increase of 0.41%, reaching Rs 20,920. This rise is attributed to the diminishing supply of premium-quality bold seeds, as arrivals in key markets like Unjha and Rajasthan have begun to decline. While the general physical availability holds steady, the supply of export-grade, high-purity bold seeds is diminishing more Read More
On Tuesday, guar gum prices decreased by Rs 20, settling at Rs 12,150 per quintal in futures trade, as market participants liquidated their positions in response to a declining trend in the spot market. On the National Commodity and Derivatives Exchange, guar gum contracts for September delivery experienced a decrease of Rs 20, or 0.16 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
On Friday, the prices of cottonseed oil cake decreased by Rs 18, settling at Rs 3,481 per quintal in futures trade, as market participants scaled back their positions in response to a declining trend in the spot market. On the National Commodity and Derivatives Exchange, cottonseed oil cake for September delivery experienced a decline of Read More
Turmeric concluded the trading session with a 0.60% increase, reaching Rs 21,260, influenced by a tight supply scenario, diminishing carry-forward stocks, and apprehensions regarding the potential impact of El Niño on the ongoing crop sowing. Insufficient rainfall and a slower-than-anticipated increase in sowing across critical agricultural areas have heightened apprehensions regarding future output. Additionally, persistent Read More
Cottonseed oil cake prices on Tuesday increased by Re 1 to Rs 4,282 per quintal in futures trade, as speculators established new positions in response to heightened demand. On the National Commodity and Derivatives Exchange, cottonseed oil cake for August delivery experienced an increase of Re 1, or 0.02 per cent, reaching Rs 4,282 per Read More
Coriander prices on Tuesday increased by Rs 304 to Rs 15,702 per quintal in futures trade, influenced by heightened demand in the spot market. On the National Commodity and Derivatives Exchange, coriander contracts for August delivery increased by Rs 304, or 1.97 per cent, reaching Rs 15,702 per quintal in 7,605 lots. Market analysts indicated Read More
Turmeric concluded the trading session with a 1.6% increase, reaching Rs 21,014. This rise was bolstered by a reduction in supply, a decrease in carryforward stocks, and apprehensions regarding the impact of El Nino on the newly sown crop. Deficient rainfall during early crop development has raised concerns regarding yields, while lower-than-anticipated sowing expansion in Read More
Jeera settled 0.34% lower at Rs 20,655 as aggressive farmer selling ahead of Kharif sowing increased near-term availability and pressured prices. Favourable weather conditions in Northwest India facilitated quicker harvesting and drying processes, leading to an increase in arrivals. Concurrently, the rise in NCDEX warehouse stocks diminished the necessity for immediate spot procurement. Large industrial Read More
Guar seed prices increased by Rs 53 to reach Rs 6,188 per quintal in futures trading on Monday, driven by heightened investor speculation. On the National Commodity and Derivatives Exchange, guar seed contracts for September delivery increased by Rs 53, or 0.86 per cent, reaching Rs 6,188 per quintal, accompanied by an open interest of Read More
Guar gum prices experienced an increase of Rs 64, reaching Rs 11,792 per quintal in futures trade on Monday, driven by 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 64, or 0.55 per cent, reaching Read More
Jeera settled 0.21% lower at Rs 20,895, influenced by significant selling from farmers who liquidated stocks to secure cash flow for Kharif sowing. Favourable weather conditions in Northwest India facilitated quicker harvesting and drying processes, leading to an increase in arrivals. Concurrently, the rise in NCDEX warehouse stocks diminished the necessity for immediate spot procurement. Read More
Cottonseed oil cake prices declined by Rs 11 to Rs 4,113 per quintal in futures trade on Friday, as market participants scaled back their positions in response to unfavourable trends observed in the spot market. On the National Commodity and Derivatives Exchange, cottonseed oil cake for August delivery experienced a decline of Rs 11, or Read More
Coriander prices on Friday decreased by Rs 254 to Rs 15,280 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 August delivery decreased by Rs 254, or 1.69 per cent, settling at Rs 15,280 per Read More
Turmeric prices experienced a notable decline of 5%, settling at Rs 21,546, as profit booking took place following the recent rally. Market sentiment deteriorated as monsoon activity resumed in Maharashtra, Telangana, and North Karnataka, alleviating worries regarding dry conditions and enhancing crop outlooks. Adequate rainfall has replenished key reservoirs in Telangana and Andhra Pradesh, ensuring Read More
Jeera prices concluded at Rs 20,905, reflecting a decline of 0.5% due to heightened selling by farmers and enhanced arrivals, which negatively impacted market sentiment. Farmers persisted in liquidating stocks to generate liquidity for Kharif sowing activities, while conducive weather conditions throughout Northwest India facilitated swifter harvesting and drying, thereby expediting market arrivals. Increasing stock Read More
On Thursday, guar gum prices experienced an increase of Rs 246, reaching Rs 11,840 per quintal in futures trading. This rise can be attributed to speculators augmenting their holdings in response to robust demand in the spot market. On the National Commodity and Derivatives Exchange, guar gum contracts for August delivery experienced an increase of Read More
Turmeric prices increased by 0.57% to close at Rs 22,680, bolstered by constrained spot supplies and persistent worries regarding the effects of El Niño on the current sowing season. The market exhibited resilience as diminished carry-forward stocks and inadequate rainfall during the initial crop development phase heightened concerns regarding possible yield reductions. Market participants observed Read More
Jeera prices decreased by 0.36%, closing at Rs 21,010, influenced by heightened farmer selling and enhanced market arrivals, which negatively impacted market sentiment. Farmers persisted in liquidating stocks to raise cash for Kharif sowing activities, while favourable weather conditions in northwestern India facilitated quicker harvesting and drying, thereby expediting arrivals into physical markets. Increasing inventories Read More
