AGRI COMMODITY MARKET TIPS | TODAY NCDEX MARKET TIPS UPDATE REPORT 16 NOV 2016.

AGRI   COMMODITY MARKET OUTLOOK

Ref soyoil prices gained on short covering after falling earlier on higher supply in global market.

Cereals

Mentha oil prices gained taking positive cues from spot market on upsurge in demand against tight stocks.

Soybean prices dropped as the ongoing cash crunch is affecting buying activity of oil millers and crushing units and

on higher supply.

Chana prices dropped on profit booking amid government initiatives to check rising prices and availability of pulses

Turmeric prices ended with losses amid expectation of bumper output despite of tight stocks position.

Jeera prices gained as there is paucity of supplies while domestic buying may emerge.

NCDEX  Market update:-

JEERA

PP- 16495

R1- 16940                                              S1-16250

R2- 17185                                              S2-15805

TURMERIC

PP- 6864

R1- 6970                                                S1-6740

R2- 7100                                                S2-6640

CORIANDER

PP- 7331

R1- 7442                                                 S1-7252

R2- 7521                                                 S2-7141

SOYABEAN

PP- 2945

R1- 2960                                                 S1-2927

R2- 2978                                                 S2-2912

MUSTERED OIL

PP- 4443

R1- 4463                                                S1-4421

R2- 4485                                                S2-4401

GAUR SEED

PP- 3167

R1- 3240                                               S1-3120

R2- 3320                                               S2-3070

                                            ERL GLOBAL RESEARCH PVT. LTD

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