Commodity Trading

NCDEX Live News

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

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Turmeric prices concluded with an increase of 0.38%, reaching Rs 15,966, bolstered by constrained arrivals and robust demand for high-quality stocks in key producing areas. Arrivals in major mandis of Maharashtra and Telangana have fallen short of normal levels, even during the peak marketing season, resulting in a significant supply constraint. Concerns regarding quality stemming Read More

NCDEX Live News

Coriander futures have been confined to a sideways range, following a period of significant volatility earlier in the month. Prices are presently situated beneath the 50-period moving average, indicating ongoing short-term weakness and a lack of robust buying confidence. Immediate resistance is positioned in the range of 12,606–12,670, whereas support is identified around 12,532, followed Read More

NCDEX Live News

Due to speculators increasing their holdings in response to solid spot demand, the price of guar gum increased by Rs 137 on Wednesday, hitting Rs 11,263 a quintal in futures trading. This increase was driven by the fact that guar gum prices reached those levels. Guar gum contracts for delivery in June had a gain Read More

NCDEX Live Updates

As a result of the lack of demand in the spot market, speculators made the decision to reduce their positions, which led to a decrease of Rs 34 in the price of coriander, which ultimately finished at Rs 12,606 a quintal in futures trade on Tuesday. According to the National Commodity and Derivatives Exchange, contracts Read More

NCDEX Live Updates

Turmeric yesterday settled lower by 1.18% at Rs 16,034, as increased arrivals in key mandis such as Nizamabad, Erode, and Hingoli led to a temporary oversupply in the physical market. Farmers maintained a robust selling strategy to enhance liquidity in anticipation of Kharif sowing activities, while the surge in arrivals of late-harvested, high-moisture turmeric led Read More

NCDEX Live Updates

Turmeric futures increased by 0.35% to close at Rs 15,988, bolstered initially by limited spot availability in major mandis located in Maharashtra and Telangana. During the peak season, arrivals have been lower than usual, and quality has deteriorated due to moisture-related rhizome rot, which has limited the supply of premium “Double Polished” varieties. The sentiment Read More

NCDEX Live Updates

Jeera futures experienced a notable decline of 2.05%, closing at Rs 20,025, largely influenced by an influx of new crop arrivals from major Rajasthan regions. Favorable weather conditions facilitated quicker harvesting in North-West India, leading to an abrupt increase in supply instead of a steady influx. Farmers are strategically offloading stocks to enhance liquidity in Read More

NCDEX Live Updates

Turmeric prices experienced a decrease of 0.39%, concluding at Rs 15,932, largely influenced by heightened arrivals in major mandis including Nizamabad, Erode, and Hingoli. The expedited selling by farmers to address liquidity requirements for the forthcoming Kharif sowing has resulted in a short-term oversupply, thereby exerting additional downward pressure on prices. Furthermore, the influx of Read More

NCDEX Live Updates

Turmeric prices experienced a slight decline of -0.14%, settling at Rs 15,994. This movement was influenced by heightened arrivals in major mandis, including Nizamabad, Erode, and Hingoli, leading to a temporary oversupply in the market. Farmers expedited the liquidation of stock to address liquidity requirements in anticipation of Kharif sowing, while increased arrivals of moisture-laden, Read More

NCDEX Live Updates

Jeera prices increased by 1.77% to close at Rs 20,680, driven by worries regarding crop damage and a reduction in the availability of premium quality supplies. Recent thunderstorms and hailstorms in Rajasthan have adversely affected standing crops at the harvest stage, heightening concerns regarding diminished “A-grade” output. Furthermore, atypical rainfall in North-West India has hindered Read More

NCDEX Live Updates

Jeera prices experienced a notable decrease of -3.69%, closing at Rs 20,090, largely influenced by increased arrivals and proactive selling by farmers. Daily arrivals at Unjha persisted at approximately 28,500 bags, resulting in a pronounced supply surplus in the spot market. Recent inflows from Rajasthan, coupled with accelerated harvesting attributed to favorable weather conditions, have Read More

NCDEX Live Updates

Turmeric prices increased by 2.23%, closing at Rs 16,474, bolstered by constrained supply conditions in major producing areas. Arrivals at key mandis in Maharashtra and Telangana have fallen short of normal levels during the peak season, resulting in a significant supply constraint. Concerns regarding quality, especially those associated with moisture, such as rhizome rot, have Read More

NCDEX Updates

Jeera prices exhibited minimal movement, increasing by a mere 0.02% to close at Rs 21,170, as consistent arrivals of approximately 28,500 bags in Unjha restrained any significant upward momentum. Notwithstanding this, the fundamental indicators continue to suggest a trend toward tighter supply conditions. Year-on-year arrivals have decreased markedly, suggesting a contraction in spot market availability. Read More

NCDEX Live Updates

Jeera prices recorded a decrease of 1.97%, concluding at Rs 21,165. The observed decline can be linked to steady inflows of around 28,500 bags in Unjha, which contributed to price stabilization in the face of persistent supply apprehensions. Subpar export performance and prudent purchasing in the spot market led to increased selling pressure. Nonetheless, the Read More

NCDEX Live

Turmeric experienced a slight decline of 0.27%, closing at Rs 16,102, primarily attributed to profit-taking following the recent price surge. Despite the decline, the fundamental sentiment remains robust as arrivals in major mandis throughout Maharashtra and Telangana persistently fall short of normal levels for this peak season, resulting in a short-term supply constraint. Concerns regarding Read More

NCDEX Live Updates

Jeera prices experienced a decline of 0.98%, concluding at Rs 21,735. This decrease was primarily influenced by consistent arrivals of approximately 28,500 bags in Unjha, which effectively restrained any upward movement. Nonetheless, when assessed on a year-on-year basis, arrivals continue to be lower, suggesting a more constrained spot availability. The current season has been significantly Read More

NCDEX Live

Turmeric prices experienced a modest increase of 0.04%, concluding at Rs 15,806, bolstered by reduced arrivals in major mandis. Producers and distributors are restraining supply in expectation of improved pricing, thereby sustaining a robust market sentiment. Crop conditions, however, exhibit a mixed outlook. Unseasonal rains and disease pressure in key producing states such as Maharashtra, Read More

NCDEX Updates

Turmeric prices experienced a decrease of 2.16%, concluding at Rs 15,800, as traders and stockists opted to realize profits following the recent surge attributed to constrained arrivals. Despite this correction, the overall tone of the market remains robust, underpinned by diminished carry-forward stocks and limited selling from farmers who are withholding produce in expectation of Read More

NCDEX Live News

Jeera prices declined by 0.84% to close at Rs 21,835, influenced by the influx of the new crop and favorable supply conditions in major mandis. Sentiment remained muted, influenced by weak export demand, especially from China, resulting in an accumulation of domestic inventories. Farmers are currently offloading produce to capitalize on existing prices, thereby exerting Read More