Tuesday 20 December 2016

VOLATILITY IN THE PRICES OF PULSES | TODAY AGRI COMMODITY MARKET UPDATE 21 DEC 2016.

AGRI   COMMODITY MARKET OUTLOOK

Ref soyoil dropped on expectation of higher supply in global market and on demand concerns in domestic market.
Mentha oil prices dropped on profit booking amid muted in the domestic spot market.
Soyabean prices dropped tracking weakness in spot demand amid improving arrivals in the physical market.
Chana prices dropped on profit booking amid government initiatives to check rising prices and availability of pulses.
Turmeric prices dropped on new crop supplies amid prospects of higher output.
Jeera prices gained on expectation of rising domestic as well as export demand at the spot market.

AGRI COMMODITY TIPS

NCDEX Market update:-

JEERA
PP- 17103
R1- 17397                                              S1-16927
R2- 17573                                              S2-16633

TURMERIC
PP- 6798
R1- 6850                                                S1-6730
R2- 6895                                                S2-6695

CORIANDER
PP- 7517
R1- 7554                                                 S1-7484
R2- 7587                                                 S2-7447

SOYBEAN
PP- 3015
R1- 3038                                                S1-3000
R2- 3053                                                S2-2977

MUSTERED OIL
PP- 4378
R1- 4403                                                S1-4348
R2- 4478                                                S2-4323

GAUR SEED
PP- 3226
R1- 3260                                                 S1-3195
R2- 3310                                                 S2-3160

1 comment:

  1. Agri commodity market works major at local level. It has not much affect on global market. Being a analyst, I would say agri commodity is not so volatile but is good for low risk profits. --MCX TIPS Provider

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