The NCDEX Soyabean August futures slipped by -0.34% in the last trading to close at 3483 level till Tuesday 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 In forma’s current estimate remains higher versus USDA’s 84.635 million acres.
Chana futures traded on a negative note on decresed demand on Tuesday(5.00PM).Chana May lcontract gained -0.64%to 4350 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 slipped by-1.06% in the last trading to close at 12120 level on Tuesday. Special Margin of 10% (in cash) on the Long side will be imposed on all running contracts and yet to be launched contracts in Coriander (DHANIYA) with effect from beginning of day Wednesday, June 03, 2015.
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