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
Turmeric prices concluded at Rs 22,552, reflecting a 0.71% increase, bolstered by constrained spot availability, diminished carry-forward stocks, and apprehensions that irregular monsoon rainfall may impact the current crop. Market sentiment exhibited resilience as traders persisted in evaluating the prospective effects of El Niño on planting and agricultural growth. Recent rainfall has enhanced soil moisture Read More
Turmeric prices experienced a notable increase of 3.43%, closing at Rs 21,572. This rise is attributed to constrained spot supplies, diminishing carry-forward stocks, and ongoing apprehensions regarding crop development due to unpredictable weather conditions. Market sentiment improved as inadequate rainfall in various producing areas heightened concerns over reduced yields in the current sowing season, while Read More
Jeera prices declined by 0.33% to close at Rs 20,925, influenced by heightened selling from farmers and better market arrivals, which negatively impacted sentiment. Farmers persisted in liquidating stocks to generate cash for Kharif sowing activities, while favourable weather conditions across North-West India facilitated harvesting, drying, and market arrivals. The consistent increase in NCDEX warehouse Read More
Turmeric prices concluded at Rs 20,856, reflecting a 3.07% increase, influenced by constrained spot supplies and escalating apprehensions regarding the effects of irregular monsoon rains and a possible El Niño phenomenon on the recently planted crop. Market sentiment exhibited a bullish trend as diminished carry-forward stocks and insufficient rainfall during the initial crop development phase Read More
Jeera prices concluded at Rs 21,095, reflecting a 0.45% increase, bolstered by a reduction in the supply of premium-quality bold seeds, even as the overall physical crop availability continues to be sufficient. Export-grade, high-purity jeera has become increasingly scarce as arrivals at major trading centres such as Unjha in Gujarat and key markets in Rajasthan Read More
In futures trading on Wednesday, guar gum prices surged by Rs 20 to Rs 11,355 per quintal as speculators extended their holdings due to strong spot demand. On the National Commodity and Derivatives Exchange, guar gum contracts for August delivery experienced an increase of Rs 20, or 0.18 per cent, reaching Rs 11,355 per quintal, Read More
On Wednesday, guar seed prices rose by Rs 9 to reach Rs 5,913 per quintal in futures trading, driven by increased investor speculation. On the National Commodity and Derivatives Exchange, guar seed contracts for August delivery increased by Rs 9, or 0.15 per cent, reaching Rs 5,913 per quintal, accompanied by an open interest of Read More
Turmeric prices experienced a decline of 2.55%, settling at Rs 20,356. This decrease can be attributed to improved monsoon rainfall, which has alleviated immediate concerns regarding crop prospects and fostered expectations of enhanced production during the current Kharif season. Favourable rainfall across major turmeric-growing regions over the past week is anticipated to expedite sowing activities, Read More
