Tuesday, October 28, 2014

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Agro Outlook updates for today

D A I L Y B U Z Z


CARDAMOM



Cardamom prices fell by 2.38 per cent on Monday at the Multi Commodity Exchange (MCX) due to the adequate stocks availability in the physical market on account of higher supply from the producing belts of Chandausi in Uttar Pradesh. At MCX, Cardamom futures for November 2014 contract were trading at Rs. 869 per kg, down by 2.38 per cent, after opening at Rs. 888 against the previous closing price of Rs. 890.20. It touched the intra-day low of Rs. 866.30 till the trading. (At 10.47 AM). Sentiment weakened further as the traders booked profits at the prevailing levels in the midst of a subdued demand for the commodity.

CORIANDER




Coriander prices fell by 0.03 per cent on Monday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the adequate stocks availability in the physical market put pressure on coriander prices. At the NCDEX, coriander futures for November 2014 contract were trading at Rs. 11,928 per quintal, down by 0.03 per cent, after opening at Rs. 11,851 against the previous closing price of Rs. 11,931. It touched the intra-day low of Rs. 11,851 till the trading. (At 11.45 AM).

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