JEERA
Jeera prices closed lower by 0.27 percent on Tuesday at the National Commodity & Derivatives Exchange Limited (NCDEX) on account of a surge in the supply from the producing regions in the midst of a decline in the export demand.
At
the NCDEX, jeera futures for April 2015 contract closed at Rs. 16,790
per quintal, down by 0.27 percent, after opening at Rs. 17,235 against
the previous closing price of Rs. 16,835. It touched the intra-day low
of Rs. 16,465. Global output of Jeera is around 2.2 lakh MT per year, of
which India produces about 1.5 lakh MT per year.Jeera prices closed lower by 0.27 percent on Tuesday at the National Commodity & Derivatives Exchange Limited (NCDEX) on account of a surge in the supply from the producing regions in the midst of a decline in the export demand.
CASTOR SEED
Castor seed prices fell by 1.74 percent on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of fresh supply of the commodity in the major mandies as well as strong production estimates.
Castor seed prices fell by 1.74 percent on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of fresh supply of the commodity in the major mandies as well as strong production estimates.
At the NCDEX, castor seed futures for April 2015 contract was trading at Rs. 4,339 per quintal tonnes, down by 1.74 percent, after opening at Rs. 4,409 against the previous closing price of Rs. 4,416. It touched the intra-day low of Rs. 4,310 till the trading.
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