Thursday 19 March 2015

AGRI COMMODITY MARKET REPORT 20 MARCH 2015

Agri Commodity Tips , Best NCDEX Tips Provider , Agri Commodity Trading , Agri Trading Tips ,Chana Tips ,Turmeric Tips , Dhaniya Tips , Soyabean Tips
Turmeric April futures traded on a surged upon Thursday(5.00pm)at India's National Commodity& Derivatives Exchange (NCDEX). Turmeric spice incresed by 0.40% to 8010 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 slipped up by -0.51% in the last trading to close at 3334 level till Thursday 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 Thursday(5.00PM). Chana April contract lossed -0.44% to 3609 levels. Production of Gram in the country has been generally increasing and its production has gone upfrom 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 by 3.05% in the last trading to close at 7425 level on Thursday.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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