CAPITALSTARS FRIDAY TURMERIC FUTURES AGRI MARKET NEWS UPDATE 01 FEB 2019

Turmeric futures (Apr) is likely to trade sideways in the range of 6335-6465 levels. 

CapitalStars Investment Adviser

The downside may remain capped supported by lower level buying happening on the spot markets. The sale of turmeric at the Regulated Marketing Committee and Erode coop Marketing society has been increased. The buyers have purchased good number of turmeric bags at the Regulated Marketing Committee and also at the Erode Cooperative Marketing Society for their local demand. Regarding the price , the old turmeric was increased by Rs.100 a quintal and the root variety was decreased by Rs.150 a quintal. At the Erode Cooperative Marketing Society finger turmeric was sold at Rs.5509 to Rs.6959 a quintal, root variety was sold at Rs.5009 to Rs.5889 a quintal. Jeera futures (Mar) is likely to trade sideways in the range of 15835-16130 levels. The new jeera crop, which started coming into the benchmark Unjha market of Gujarat from last week, is being sold 23% lower from last year. This is because of high moisture content in the new crop. The new crop arrivals are from Saurashtra, and the Gondal region in Gujarat. Coriander futures (Apr) is expected to trade sideways in the range of 6540-6690 levels. The market participants are cautious & keeping a close watch on the growth of the crop. The sudden change in weather over the last 2-3 days has been considered beneficial for the standing crops. 

HAPPY TRADING!!!!!!!!!!!!!!!!!!

Click here to visit my website : https://bit.ly/1h8KZUM

Free Trial link : https://bit.ly/2u2GUhK

Any queries CALL US : 9977499927

CLICK HERE FOR GET DETAILS & JOIN OUR BEST ADVISORY  -

Visit our website : http://www.capitalstars.com/free-trial

CAPITALSTARS CALL US : 9977499927

Equity Tips , Intraday Stock Tips , FreeTrading Tips  , Sebi Registered advisory Company , Capitalstars Video Gallery,Free Trading tips , equity Tips , sebi registered advisory company , Mcx Tips  .