Turmeric Aug futures traded on a surged upon Monday(5.00pm) at India's National Commodity & Derivatives Exchange(NCDEX). Turmeric spice incresed by 1.77% to 7348 level at NCDEX.The sowing of the crop is expected to pick up gradually as rains in growing areas in Andhra Pradesh and Tamil Nadu keep possibilities of improved sowing. This is keeping sentiments weak for the counter in the near term. But with prices having fallen a lot, some bounce back too is possible.
The NCDEX Soyabean August futures slipped by -1.55% in the last trading to close at 3497 level till Monday closing.In forma Economics had earlier lowered their projection of US soybean plantings for 2015/16 at 86.76 million acres from previous estimate of 87.185 million acres. However Informa’s currentestimate remains higher versus USDA’s 84.635 million acres
Chana futures traded on a negative note on decresed demand on Monday(5.00PM).Chana May lcontract gained 1.56% to 4372 levels.Prospects of improved Monsoon and Cabinet meeting on price rise in Agri commodities likely tobe held this week, kept sentiments down for Chana as it failed to hold onto the higher levels.The short term sentiments look weak for the counter as sowing picks up further for kharif Pulses.
The NCDEX Dhaniya August futures surged up by 2.30% in the last trading to close at 12259 level on Monday.Special Margin of 10% (in cash) on the Long side will be imposed on all running contracts andyet to be launched contracts in Coriander (DHANIYA) with effect from beginning of day Wednesday, June 03, 2015.
The NCDEX Soyabean August futures slipped by -1.55% in the last trading to close at 3497 level till Monday closing.In forma Economics had earlier lowered their projection of US soybean plantings for 2015/16 at 86.76 million acres from previous estimate of 87.185 million acres. However Informa’s currentestimate remains higher versus USDA’s 84.635 million acres
Chana futures traded on a negative note on decresed demand on Monday(5.00PM).Chana May lcontract gained 1.56% to 4372 levels.Prospects of improved Monsoon and Cabinet meeting on price rise in Agri commodities likely tobe held this week, kept sentiments down for Chana as it failed to hold onto the higher levels.The short term sentiments look weak for the counter as sowing picks up further for kharif Pulses.
The NCDEX Dhaniya August futures surged up by 2.30% in the last trading to close at 12259 level on Monday.Special Margin of 10% (in cash) on the Long side will be imposed on all running contracts andyet to be launched contracts in Coriander (DHANIYA) with effect from beginning of day Wednesday, June 03, 2015.
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DHANIYA 18- JAN
ReplyDeleteSUPP 1 : 10200
SUPP 2 : 10040
RES 1 : 10400
RES 2 : 10520
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