NCDEX Turmeric April futures traded on a sluggished on Tuesday(5.00pm) . Turmeric spice decresed by-0.07% to 8396 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 -0.41% in the last trading to close at 3371 level till Tuesay 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 negative note on decresed demand on Tuesday(5.00PM). Chana April contract lossed -0.03% to 3681 levels.recovery could be noted for Chana as rains in the growing states continued to pressurize market sentiments. Rains in growing areas in Rajasthan, MP and UP are reportedly beneficial for the standing crop.
The NCDEX Dhaniya April futures sluggished by -3.41% in the last trading to close at 6210 level on Tuesday. 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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