Monday 30 March 2015

AGRI COMMODITY MARKET REPORT ON 31 MARCH 2015

 Agri Commodity Tips, Best NCDEX Tips Provider , Agri Commodity Trading , Agri Trading Tips ,Turmeric Tips , Chana Tips , Dhaniya Tips , SoyaBean Tips

Turmeric April futures traded on a slipped on Monday(5.00pm)at India's National Commodity& Derivatives Exchange(NCDEX). Turmeric spice decresed by -0.21% to 7558 level at NCDEX. Turmeric prices ended with gains on seasonal demand from north India and crop damage reports from south India.
The NCDEX Soyabean April futures surged up by 1.80% in the last trading to close at 3443 level till monday closing. Rates bounced back from the lower levels as prices found some string support at these levels.Weakness in International markets too suppressed the market sentiments .
Chana futures traded on a negative note on incresed demand on Monday(5.00PM). Chana April contract lossed -0.47% to 3598 levels. Production of Gram in the country has been generally increasing and its production has gone up from 7.48 million tonnes in 2009-10 to 9.53 million tonnes in 2013-14. In order to further increase production of pulses including Gram in the 12th Plan Period, the Government is implementing National Food Security Mission (NFSM)-Pulses in 622 districts of 27 States .
The NCDEX Dhaniya April futures surged up by 4.00% in the last trading to close at 8976 level on Monday.Bargain buying was seen in coriander prices as prices increased by almost Rs 100 per quintal at Kota and other mandiesdue possibility of crop damage to coriander crop in Rajasthan. However, fresh supplies of around 15-20 thousand bag shave been reported in local mandies.
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