Thursday, April 2, 2015

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Commodity news and Updates For April

Stock Market News: Chana prices ended higher 1.88 % on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the traders enlarged their holdings in the commodity on account of the good demand in the market. At the NCDEX, chana futures for April 2015 contract ended at Rs. 3,677 per quintal, up by 1.88 %, after opening at Rs. 3,602 against the last ending price of Rs. 3,609. It touched the intra-day high of Rs. 3,679.

Barley prices ended lower by 0.18 % on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the investors booked profits at the higher on account of the weak physical markets and also due to the fall in the demand from beer and cattle-feed makers. At the NCDEX, barley futures for April 2015 contract ended at Rs. 1,119 per quintal, downward by 0.18 %, after opening at Rs. 1,125 against the last ending price of Rs. 1,121. It touched the intra-day low of Rs. 1,111.5.

Mustard seed prices ended higher by 1.44 % on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the decline in the supply for the commodity in the major markets. At the NCDEX, mustard seed futures for April 2015 contract ended at Rs. 3,456 per quintal, up by 1.44 %, after opening at Rs. 3,415 against the last ending price of Rs. 3,407. It touched the intra-day high of Rs. 3,462.

Jeera prices ended higher by 1.13 % on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the investors increased their holdings in the commodity in the midst limited arrivals from growing regions. At the NCDEX, jeera futures for April 2015 contract ended at Rs. 14,730 per quintal, up by 1.13 %, after opening at Rs. 14,550 against the last ending price of Rs. 14,565. It touched the intra-day high of Rs. 14,800.

Maize prices ended lower by 2.16 % on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of heavy selling activity by the traders on account of higher global supplies and weak offtakes from the local buyers. At the NCDEX, maize futures for April 2015 contract ended at Rs. 1,221 per quintal, downward by 2.16 %, after opening at Rs. 1,257 against the last ending price of Rs. 1,248. It touched the intra-day low of Rs. 1,221.

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