Showing posts with label mcx coriander. Show all posts
Showing posts with label mcx coriander. Show all posts

Thursday, 1 January 2015

CORIANDER TO TRADE ON NEGATIVE NOTE, DOWN ON 4%


Agri Commodity Tips, Free Agri Tips, free agri calls, Corinder NCDEX, mcx coriander, coriander futures trading tips
  • Coriander futures are likely to trade with a negative bias.NCDEX Coriander January contract traded down by 3.8% to 11170 level on Thursday.
  • Coriander January contract is bearish for both short term and intra day. Support for short term is seen at 10900 and resistance 11750 while intra day support is at 11250 and resistance will be 11480.
  • Coriander futures (Jan) may continue to witness a downfall towards 11400 levels. Coriander prices remained flat in spot markets of Rajasthan and Madhya Pradesh on Wednesday.
  • Corinder prices dropped further by 3.88% to Rs 11,160 per quintal in futures trade today as speculators indulged in reducing positions amid ample stocks in the spot market against sluggish demand.
  • MCX Coriander for delivery in January month plunged Rs 451, or 3.88% to Rs 11,160 per quintal with an open interest of 7,630 lots.

Wednesday, 10 December 2014

MCX CARDAMOM & CORIANDER PRICE DOWN ON SUBDUED DEMANAD



Cardamom falls by 1% on low demand:->
  • Cardamom price fell further by 0.99% to Rs 771.10 per kg per kg in futures trade today as speculators trimmed positions, tracking a weak trend at spot market on subdued demand.
  • At the Multi Commodity Exchange, cardamom for delivery in December month fell by Rs 7.10, or 0.99% to Rs 771.10 per kg in business turnover of one lot.
  • Likewise, the spice for delivery in January next year traded lower by Rs 5, or 0.58% to Rs 856.80 per kg in 153 lots.
Coriander down by 0.8% on subdued spot demand:->
  • Coriander Price were lower by 0.83% to Rs 12.954 per quintal in futures trade today largely due to sluggish demand in the spot market against adequate stocks position.
  • At the Multi Commodity Exchange, coriander prices for delivery in January next year fell by Rs 109, or 0.83% to Rs 12,954 per quintal with an open interest of 27,110 lots.
  • Likewise, the spice for delivery in December contract traded lower by Rs 71, or 0.56% to Rs 12,532 per quintal in 15,070 lots.