Tuesday, November 11, 2014

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Agro Outlook Updates for 11 November 2014

CASTOR SEED



Castorseed prices fell by 0.04 per cent on Monday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of fresh supply of the commodity in the major mandies as well as strong production estimates. At the NCDEX, castor seed futures for November 2014 contract was trading at Rs. 4,703 per quintal tonnes, down by 0.04 per cent, after opening at Rs. 4,704 against the previous closing price of Rs. 4,705. It touched the intra-day low of Rs. 4,686 till the trading. (At 12.15 PM today).

MENTHA OIL



Mentha oil prices fell by 0.09 per cent on Monday at the Multi Commodity Exchange (MCX) as a result of the increased arrivals of the commodity in the physical market from the major producing belts in Uttar Pradesh. At MCX, Mentha oil futures for November 2014 contract, at MCX, were trading at Rs. 698.30 per kg, down by 0.09 per cent after opening at Rs. 694.10 against the previous closing price of Rs. 698.90. It touched the intra-day low of Rs. 692.10 till the trading. (At 2.45 PM today).

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