Monday 23 March 2015

AGRI COMMODITY MARKET REPORT -24 MARCH 2015

Agri Commodity Tips , Best NCDEX Tips Provider , Agri Commodity Trading , Agri Trading Tips , Chana Tips , Dhaniya Tips , Turmeric Tips  , SoyaBean Tips

Turmeric April futures traded on a surged upon Monday(5.00pm) at India's National Commodity & Derivatives Exchange(NCDEX). Turmeric spice incresed by3.22% to 8146 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 surged up by 0.7% in the last trading to close at 3369 level till Monday closing. Rates bounced back from the lower levels as prices found some string support at these levels.Weakness in Internationalmarkets too suppressed the market sentiments
Chana futures traded on a positive note on increased demand on MONDAY(5.00PM). Chana April contract gained 0.72% to 3637 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 isimplementing National Food Security Mission (NFSM)-Pulses in 622 districts of 27 States.
The NCDEX Dhaniya April futures slipped by-1.59% in the last trading to close at 7620 level on Monday.Bargain buyingwas 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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