12th DEC 2014 REPORT ON AGRO OUTLOOK

CARDAMOM

Cardamom prices rose by 0.67 per cent on Thursday at the Multi Commodity Exchange (MCX) on account of good buying support from both exporters and upcountry buyers and also on hopes of improved export demand. At MCX, Cardamom futures for December 2014 contract were trading at Rs 777.20 per kg, up by 0.67 per cent, after opening at Rs. 778 against the previous closing price of Rs. 772. It touched the intra-day high of Rs. 778 till the trading. (At 10.35 AM today).

CASTOR SEED

Castorseed prices rose by 1.06 per cent on Thursday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the rise in demand from consuming industries against restricted arrivals in domestic markets which in turn encouraged the investors to enlarge their holdings. At the NCDEX, castor seed futures for December 2014 contract were trading at Rs. 4,756 per quintal tonnes, up by 1.06 per cent, after opening at Rs. 4,716 against the previous closing price of Rs. 4,706. It touched the intra-day high of Rs. 4,785 till the trading. (At 12.25 PM)