Wednesday 18 March 2015

AGRI COMMODITY MARKET REPORT 19 MARCH 2015

Agri Commodity Tips , Best NCDEX Tips Provider , Agri Commodity Trading , Agri Trading Tips , Chana Tips , Turmeric Tips , SoyaBean Tips , Dhaniya Tips
Turmeric April futures traded on a surged upon Wednesday(5.00pm)at India's National Commodity & Derivatives Exchange(NCDEX). Turmeric spice incresed by 3.60% to 8110 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 up by -0.15% in the last trading to close at 3346 level till Wednesday closing. Rates bounced back from the lower levels as prices found some string support at these levels.Weakness in International markets too suppressed the market sentiments.
Chana futures traded on a negative note on decresed demand on Wednesday(5.00PM). Chana April contract losse -0.44% to 3628 levels. Production of Gram in the country has been generally increasing and its production has gone up from 7.48 million tonnes in 2009-10 to 9.53 million tonnes in 2013-14. In order to further increase production of pulses including Gram in the 12th Plan Period, the Government is implementing National Food Security Mission (NFSM)-Pulses in 622 districts of 27 States.
The NCDEX Dhaniya April futures surged up by3.05% in the last trading to close at7256level on Wednesday. Bargain buying was seen in coriander prices as prices increased by almost Rs 100 per quintal at Kota and other mandies due possibility of crop damage to coriander crop in Rajasthan.However, fresh supplies of around 15-20 thousand bag shave been reported in local mandies
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