Saturday, 21 February 2015

FREE-AGRO-OUTLOOK-TIPS-OF-23.02.2015

Mentha Oil prices fell by 0.35 percent on Friday at the Multi Commodity Exchange (MCX) as a result of the increased arrivals of the commodity in the physical market from the major producing belts in Uttar Pradesh. Sentiment weakened further as the investors indulged in profit-booking in the midst of a fall in demand in the spot market. At MCX, Mentha oil futures for February 2015 contract, at MCX, were trading at Rs. 743.00 per kg, down by 0.35 percent after opening at Rs. 745.40 against the previous closing price of Rs. 745.60. It touched the intra- day low of Rs. 742.40 till the trading.

Castor Seed prices rose by 0.19 percent on Friday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of fresh demand of the commodity in the major mandies. At the NCDEX, castor seed futures for February 2015 contract was trading at Rs. 3,775 per quintal tonnes, up by 0.19 per cent, after opening at Rs. 3,781 against the previous closing price of Rs. 3,768. It touched the intra-day high of Rs. 3,790 till the trading.

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