Friday, 13 March 2015

NCDEX Agro Outlook News 13/03/2015


Agro Outlook:

Castor Seed prices rose by 0.81 per cent on Thursday 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 March 2015 contract were trading at Rs. 3,592 per quintal tonnes, up by 0.81 per cent, after opening at Rs. 3,576 against the previous closing price of Rs. 3,563. It touched the intra-day high of Rs. 3,592 till the trading.
Coriander prices rose by 1.69 per cent on Thursday 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 dhaniya futures for April 2015 contract was trading at Rs. 6,555 per quintal, up by 1.69 per cent after opening at Rs. 6,476 against the previous closing price of Rs. 6,446. It touched the intra-day high of Rs. 6,579 till the trading.

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