Tuesday, 23 December 2014

23rd DEC 2014 Agro Outlook Report

Daily Buzz


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CASTOR SEED

Castorseed prices rose by 0.04 percent on Monday 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 January 2015 contract were trading at Rs. 4,806 per quintal tonnes, up by 0.04 percent, after opening at Rs. 4,784 against the previous closing price of Rs. 4,804. It touched the intra-day high of Rs. 4,872 till the trading. 

DHANIYA

Coriander prices fell by 2.03 percent on Monday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the adequate stocks availability in the physical market put pressure on coriander prices. At the NCDEX, coriander futures for December 2014 contract were trading at Rs. 12,120 per quintal, down by 2.03 percent, after opening at Rs. 12,000 against the previous closing price of Rs. 12,371. It touched the intra-day low of Rs. 11,960 till the trading.

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