REPORT ON AGRO OUTLOOK OF 2ND DECEMBER 2014

Agro Outlook

Daily Buzz

CARDAMOM

Cardamom prices rose by 0.13 per cent on Monday 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 776 per kg, up by 0.91 per cent, after opening at Rs. 778 against the previous closing price of Rs. 775. It touched the intra-day high of Rs. 785 till the trading. (At 10.44 AM today).

 

CORIANDER

Coriander prices rose by 1.11 per cent on Monday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the limited stocks on account of restricted arrivals from the major growing belts. At the NCDEX, coriander futures for December 2014 contract was trading at Rs. 12,999 per quintal, up by 1.11 per cent after opening at Rs. 12,924 against the previous closing price of Rs. 12,856. It touched the intra-day high of Rs. 13,185 till the trading. (At 11.30 AM today).