JEERAJeera prices closed higher by 1.12 per cent on Thursday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the investors increased their holdings in the commodity in the midst limited arrivals from growing regions. At the NCDEX, jeera futures for January 2015 contract closed at Rs. 16,300 per quintal, up by 1.12 per cent, after opening at Rs. 16,425 against the previous closing price of Rs. 16,120. It touched the intra-day high of Rs. 16,445. Sentiment improved further as a result of reduced domestic supplies in the physical markets and some export enquiries.
CHANA
Chana prices closed lower by 0.06 per cent on Thursday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the steady sowing progress of pulses along with high supplies in major producing states. At the NCDEX, chana futures for January 2015 contract closed at Rs. 3,470 per quintal, down by 0.06 per cent, after opening at Rs. 3,498 against the previous closing price of Rs. 3,472. It touched the intra-day low of Rs. 3,450. India is the largest producer of chickpea followed by Pakistan, Turkey and Iran. India produces around 6 to 8 million tonnes and contributes around 70 per cent of the total world production.
Chana prices closed lower by 0.06 per cent on Thursday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the steady sowing progress of pulses along with high supplies in major producing states. At the NCDEX, chana futures for January 2015 contract closed at Rs. 3,470 per quintal, down by 0.06 per cent, after opening at Rs. 3,498 against the previous closing price of Rs. 3,472. It touched the intra-day low of Rs. 3,450. India is the largest producer of chickpea followed by Pakistan, Turkey and Iran. India produces around 6 to 8 million tonnes and contributes around 70 per cent of the total world production.
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