Turmeric April futures traded on a slipped onTuesday(5.00pm)at India's National Commodity& Derivatives Exchange(NCDEX). Turmeric spice decresed by -0.46 % to 7800 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 slipped by -0.84% in the last trading to close at 3541 level till Tuesday closing. Moderate firmness in International markets helped prices recover for Soybean in Indian markets also as domestic demand starts rising in the mandis. Prospects of demand rising in the coming weeks for the summer season kept supporting the prices. Record global production had been keeping pressure on prices.
Chana futures traded on a positive note on incresed demand on Monday(5.00PM). Chana April contract gained 0.05% to 3785 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 slipped by -2.62% in the last trading to close at 8915 level on Tuesday. Bargain buying was seen in coriander prices as prices increased by almost Rs 100 per quintal at Kota and other mandies due possibility of crop damage to coriander crop in Rajasthan.However, fresh supplies of around 15-20 thousand bag shave been reported in local mandies.
The NCDEX Soyabean April futures slipped by -0.84% in the last trading to close at 3541 level till Tuesday closing. Moderate firmness in International markets helped prices recover for Soybean in Indian markets also as domestic demand starts rising in the mandis. Prospects of demand rising in the coming weeks for the summer season kept supporting the prices. Record global production had been keeping pressure on prices.
Chana futures traded on a positive note on incresed demand on Monday(5.00PM). Chana April contract gained 0.05% to 3785 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 slipped by -2.62% in the last trading to close at 8915 level on Tuesday. Bargain buying was seen in coriander prices as prices increased by almost Rs 100 per quintal at Kota and other mandies due 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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