Commodity Trading

NCDEX Live News

On Friday, guar gum prices decreased by Rs 61, settling at Rs 11,680 per quintal in the futures market, as traders liquidated their positions in response to a declining trend observed in the spot market. On the National Commodity and Derivatives Exchange, guar gum for June delivery experienced a decrease of Rs 61, representing a Read More

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Cottonseed oil cake prices recorded an increase of Rs 23, reaching Rs 3,586 per quintal in futures trade on Wednesday. This increase was driven by speculators taking new positions in response to increased demand for the commodity. There was a gain of Rs 23, or 0.64 percent, in the price of cottonseed oil cake for Read More

NCDEX Live News

The prices of guar gum in futures trading climbed by Rs 110 on Tuesday, reaching Rs 11,280 per quintal. This gain was driven by speculators increasing their holdings in reaction to the solid demand that was seen in the spot market. On the National Commodity and Derivatives Exchange, guar gum contracts for June delivery had Read More

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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