Tuesday 27 December 2016

TODAY AGRI COMMODITY MARKET NEWS & LEVEL UPDATE 28 DEC 2016.

AGRI   COMMODITY MARKET OUTLOOK

Ref soyoil gained tracking firmness in spot demand on expectation of good domestic soy crushing demand.
Mentha oil prices gained amid pick-up in demand in the domestic spot market.
Soyabean prices ended with losses on profit booking after prices gained on increasing demand in export market.
Chana prices dropped on profit booking amid government initiatives to check rising prices and availability of pulses Turmeric settled up on short covering after prices dropped as market is expecting a good crop this season.
Jeera prices ended with gains tracking good demand in the physical market.

NCDEX Market update:-

JEERA
PP- 17465
R1- 17575                                              S1-17305
R2- 17735                                              S2-17196

TURMERIC
PP- 6774
R1- 6850                                                 S1-6720
R2- 6930                                                 S2-6660

CORIANDER
PP- 7439.5
R1- 7480                                                  S1-7374
R2- 7545                                                  S2-7323

SOYBEAN
PP- 3023
R1- 3042                                                 S1-2997
R2- 3168                                                 S2-2978

MUSTERED OIL
PP- 4333
R1- 4373                                                S1-4266
R2- 4440                                                S2-4226

GAUR SEED
PP- 3229
R1- 3260                                                 S1-3175
R2- 3290                                                 S2-3120






2 comments:

  1. The BSE Sensex and NSE Nifty closed marginally lower on Tuesday as traders are cautious ahead of the Reserve Bank of India’s policy decision today.
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