Wednesday, 30 November 2011

Jerra Trends

NCDEX commodities jerra are supposed to be gained till December session. jerra calculated higher selling in mandies and market cue to be the same till the ned of the month.Channa closes to Rs. 3160 per quintal after dropped down to 131 still grab profit where scarcity of the local traders and form Indian market as well as from overseas. NCDEX soybean traded in profit and supposed to be in profit till last December. World soybean production in 2011/12 is projected at 258.5 million tons, a decline of 3% from last year, mostly reflecting a significantly smaller US outturn, said International Grains Council (IGC) in a research note. At the Indore spot market in top producer MP, soybean dropped -2 Rs to 2229Re 100 kgs.

Monday, 28 November 2011

NCDEX Jerra Rising Daily

Jerra Ruling

Lacks in jerra quantity, increasing’s its demand in market. Jerra stable a sturdy position in market, weighing to cross 1400.

Meanwhile chilli cropped well this year’s having good stock in the market resulting in loss.that’s why ncdex chili decreases 1.02 per cent against the last close.

Just opposite going in the market no one can predict the agro based commodity trading.
Bearish for the NCDEX commodities. Also about the soybean it’s supposed to slightly less in December session because of the lack of overseas traders.

Sunday, 27 November 2011

NCDEX jerra arrived in the market

NCDEX Agro product

Lately, arrival of jerra in Unjha mandi with 2,500 bags but it was not enough stuff. The demand reached 6,000 bags. The jerra prices were in the range of 12, 500-14,000 per quintal, after considering higher demand it supposed to be reached to the 14,000-15000. So for the trader may have good deal with jerra.
NCDEX guar seeds dealt are set for the December session, trading for Rs. 5004per quintal which higher by 1.70% from the last close.
NCDEX channa for the following years may have the less production because the its recorded to be less field for sowing this time as compared to the last years in Maharashtra. So we can assume that’s its prices may be high as compared to this years.

Friday, 25 November 2011

News for NCDEX commodity

NCDEX sugar trading pushes down because of the low demand in the physical market. Sugar contracted to be traded 2964 per quintal which less than previous deal. Whereas on Friday, the chilli trading seems to be low because of the rising of the fresh arrivals in the market. At NCDEX chilli December contract is trading at Rs.7140 per quintal, fell by 1.16 per cent on 16:45 IST against the previous close and also the Soybean futures fell Friday on profit booking by the traders on weak domestic demand amid higher sowing in the producing regions. At NCDEX soybean December contract is trading at Rs.2281 per quintal, lower by 0.28 per cent on 16:15 IST against the previous close.

Thursday, 24 November 2011

NCDEX Channa Rising Up

At NCDEX Channa likely to be trade between Rs.3417 per quintal, higher by 1.63 percent. Earlier before the contract traded between Rs.3360-3419 per quintal. Open interest of the contract is 191900 lots and volume traded is 65750 lots for the time being. There are reports that supplies in the global markets are tight. This will make imports costlier. Further, reports of lower sowing under pulses in A.P. and Karnataka due to dry spell are likely to provide support to the prices. According to the Ministry of Agriculture, pulses have been sown in 49.75 lakh hectares as on November 18th 2011 as compared to 46.33 lakh hectares in the last year same period.

Wednesday, 23 November 2011

NCDEX Turmeric Tips

Wednesday, Turmeric did a good business. Turmeric is targeted to trade at Rs. 3029 quintal, which is higher by 0.71 percent on 12.25 IST against the previous close. whereas Soyabean futures might gather some strength at lower levels in the wake of strong crushing demand in major mandies along with receding supplies in major mandies. Consequently, the NCDEX December Benchmark contract gained almost Rs25 per quintal in the last two days to trade at Rs. 2270 per quintal. Technically, prices are likely to test Rs. 2285-2290 per quintal at higher levels while supports are likely at Rs. 2235-2240 per quintal at lower levels.

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Tuesday, 22 November 2011

NCDEX channa going down, gaur seeds up

After the massive fall in channa prices yesterday, channa recovered a slightly up by the day the report says, whereas the gaur seeds rising up. Rajeshthan govermnet estimated that channa crop is increased by the 77% in comparision to the the next years meanwhile Andhra Prades agricultral department says there Rabi crop are down by 23% compared to last years.

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Monday, 21 November 2011

NCDEX Tips for Gaur, channa and soyabean

Gaur seed predicted to be trade between 4425-4540. whereas channa goes up to 3500 and Soybean futures rose Monday tracking global cues amid rising demand in the domestic markets. At NCDEX soybean December contract closed at Rs.2258 per quintal, higher by 0.37 per cent against the previous close. Good deal to have trading for a lower level commodity.

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