Thursday, 29 December 2011

Agri NCDEX Tips India

NCDEX Today commodity market

NCDEX Today - NCDEX Jeera production in India for 2011-12(October to September)is estimated in the range 3.5 and 3.8 million bags (1 bag =55 kg) on the back of high acreage and good crop conditions in the growing areas. On NCDEX, jeera for December delivery traded down 1.19% or Rs 160 to Rs 13292.00 on 1st Decmeber at 10:40 IST.
NCDEX Red Chilli prices as good demand in the markets kept the rates up. As per trade sources, chilli arrivals are expected to decline in the coming days and stocks kept in cold storages will contribute to the major chunk in consumption.
In India, NCDEX Chana is one of the major pulses consumed apart from pea, lentils, black matpe (urad), arhar (pigeon pea), small red beans, broad beans, red kidney beans and split beans.  At NCDEX, Chana for January delivery traded at Rs 3315.00 on 27th December at 14:15 IST

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