Thursday 26 February 2015

AGRI COMMODITY MARKET REPORT -27 FEB 2015

Agri Commodity Tips , Best NCDEX Tips Provider , Agri Commodity Trading , Agri Trading Tips , soyabean Tips , Chana Tips , Turmeric Tips
NCDEX Turmeric April futures traded on a sluggished on Thursday(5.00pm). Turmeric spice decresed by -1.60% to 8870 level at NCDEX.Turmeric prices ended with gains on seasonal demand from north India and crop damage reports from south India.
The NCDEX Soyabean April futures sluggished by -0.24% in the last trading to close at 3371 level till Thursday closing. Moderate weakness persisted for Soybean as apprehensions of Govt reducing import duty on oil seeds in the Budget kept pressure on the prices..
Chana futures traded on a positive note on increased demand on Wednesday(5.00PM). Chana April contract gained 0.49% to 3702 levels. recovery could be noted for Chana as rains in the growing states continued to pressurize market sentiments. Rains ingrowing areas in Rajasthan, MP and UP are reportedly beneficial for the standing crop.
The NCDEX Dhaniya April futures sluggished by -0.70% in the last trading to close at 6220 level on Thursday. Sentiment weakened further as speculators reduced their positions on the back of sluggish demand in the market. Dhaniya is common in South Asian Middle Eastern Central Asian Mediterranean Indian Tex-Mex Latin American Portuguese Chinese African and Scandinavian .
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