NCDEX MARKET TIPS | TODAY AGRI COMMODITY MARKET UPDATE REPORT 30 DEC 2016

AGRI   COMMODITY MARKET OUTLOOK

Mentha oil prices drifted further as offloading of positions by participants owing to slackened demand from consuming industries in spot market against ample stocks kept Mentha oil prices lower.

Crude palm oil prices edged up as fresh positions built up by participants due to uptick in demand in spot market against fall in supplies from producing regions which led to rise in crude palm oil prices.

Indian soyoil futures as weaknesses in abroad market reduced after it pared early gains to close lower. Malaysian palm oil futures eased on dipping after two sessions of gains on year-end profit-taking and in line with declines in rival soyoil.

NCDEX Market update:-

JEERA

PP- 17565

R1- 17750                                              S1-17450

R2- 17900                                              S2-17300

TURMERIC

PP- 6804

R1- 6870                                                 S1-6750

R2- 6950                                                 S2-6690

CORIANDER

PP- 7381

R1- 7400                                                  S1-7335

R2- 7440                                                  S2-7300

SOYBEAN

PP- 3024

R1- 3040                                                 S1-3000

R2- 3055                                                 S2-2980

MUSTERED OIL

PP- 4301

R1- 4330                                                S1-4280

R2- 4370                                                S2-4250

GAUR SEED

PP- 3238

R1- 3270                                                 S1-3200

R2- 3320                                                 S2-3150