Ref.Soya oil Trading Tips:-
- Ref. Soya oil trading range for the day is 582-592.
- Ref soya oil prices dropped on profit booking after prices seen supported on speculation of Indian government's plan to hike import duty in oil.
- India soybean oil imports more than doubled in October to 218,599 tons compared to 97,023 tons for the same period a year ago.
- India's soya oil imports are expected to drop in 2014/15, as the world's top importer is set to harvest a bumper soybean crop.
- At the Indore spot market in Madhya Pradesh, soya oil was steady at 585 rupees per 10 kgs.
Turmeric Trading Tips:-
- Turmeric trading range for the day is 6168-6456.
- Turmeric ended with gains as support seen due to lower production possibilities and improved Export demand.
- The total crop size of turmeric in Karnataka is estimated lower at 5 lakh bags from 7 lakh bags in 2013-14
- NCDEX accredited warehouses turmeric stocks gained by 29 tonnes to 2110 tonnes.
- In Nizamabad, a major spot market in AP, the price ended at 6206.25 rupees dropped -93.75 rupees.
Chana Trading Tips:-
- Chana trading range for the day is 3156-3228.
- Chana prices gained on account of increased demand from mills against restricted arrivals from the major producing belts.
- Besides, hopes of lower output from the major producing belts too supported chana prices uptrend.
- NCDEX accredited warehouses chana stocks gained by 699 tonnes to 19078 tonnes.
- In Delhi spot market, chana gained by 0.3 rupee to end at 3114.75 rupee per 100 kgs.
0 comments:
Post a Comment