Showing posts with label Futures trade. Show all posts
Showing posts with label Futures trade. Show all posts

Friday, 9 January 2015

NCDEX SOYABEAN, OPEN INTEREST UP 11.47%

soyabean NCDEX, soyabean futures, Futures trade, agri commdity tips, free agri calls, Free Agri Tips
  • Soyabean settled down by -1.08% at 3490 due to profit booking after prices seen supported on supply worries following untimely monsoon rains in India and on robust demand in export market. Prices of the bean will also be supported on fear of weak supply following reports of dry weather in Brazil, the second biggest grower of the bean.
  • Soyabean trading range for the day is 3434-3572.
  • Soyabean prices dropped due to profit booking after prices seen supported on supply worries following untimely monsoon rains in India.
  • Global soybean production is projected at a record 312.8 million tons with gains this month for Canada, Ukraine, and Paraguay.
  • At the Indore spot market in top producer MP, soybean gained  6 rupee to 3469 rupee per 100 kgs.

Monday, 10 November 2014

Cardamom down 2.99% on low demand and higher supply



Agri Commodities,Futures trade,Delivery calls

  • Cardamom prices plunged 2.99 per cent to Rs 775.10 per kg in futures trade today as speculators reduced positions amid low demand against higher supplies in spot markets from producing belts.
  •  Multi Commodity Exchange, cardamom for delivery in November tumbled by Rs 23.90, or 2.99 per cent to Rs 775.10 per kg in business turnover of 104 lots.
  • The December contract edged down by 90 paise, or 0.11 per cent to Rs 854.80 per kg in 259 lots.
  • Analysts said off-loading of positions by speculators amid higher supplies from producing regions and sluggish demand in the spot market mainly pulled down cardamom prices in futures trade.