Thursday, September 21, 2017


  • Cotton trading range for the day is 18337-18577.
  • Cotton prices ended with losses tracking weakness in spot demand on higher acreage in the country.
  • Cotton acreage has also increased in Guntur district of Andhra Pradesh.
  • Cotton has been sown on 121.51 lakh hectares, 2017 across the country compared to 102.23 lakh hectares during the same period previous year.
  • Cotton prices in spot market dropped by 180.00 rupees and settled at 19260.00 rupees.


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  • Cardamom trading range for the day is 1120-1168.8.
  • Cardamom settled down tracking weakness in spot demand on profit booking after prices seen supported in the last week.
  • Arrivals are increasing in the auctions and exporters are in the market.
  • In 2017-18 crop year, earlier expected production around 26,000-28,000 MT but weather condition not favourable for standing crop so production slightly fall expected.
  • Cardamom prices in spot market gained by 15.70 rupees and settled at 1221.00 rupees.


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  • Jeera trading range for the day is 19480-19810.
  • Jeera prices dropped on profit booking after prices seen supported because of depleted stocks and expectations of good export demand in the coming months.
  • Jeera exports have been lower than anticipated during the first quarter of new financial year 2017/18.
  • NCDEX accredited warehouses jeera stocks gained by 132 tonnes to 3863 tonnes.
  • In Unjha, a key spot market in Gujarat, jeera edged up by 130.3 Rupees to end at 19460 Rupees per 100 kg.

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  • Turmeric trading range for the day is 7378-7582.
  • Turmeric prices ended with losses on profit booking after prices gained due to higher export demand and poor arrivals.
  • As per the data release by government, the exports during the first quarter of FY 2017/18 is down 10% to 33,323 tonnes.
  • NCDEX accredited warehouses turmeric stocks dropped by 134 tonnes to 4477 tonnes.
  • In Nizamabad, a major spot market in AP, the price ended at 7642.1 Rupees dropped -2.35 Rupees.

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  • CPO trading range for the day is 533.7-547.5.
  • Crude palm oil dropped on profit booking after prices gained tracking good demand in the physical market and also helped by recent surge in international prices.
  • Malaysia palm oil exports during Sep 1-20 climbed 25.4% compared to same period a month on strong demand.
  • Malaysia's palm oil exports to India during Sep 1-20 spurted 95.07% to 174,100 tons compared to 89,250 tons imported during Aug 1-20.
  • Crude palm oil prices in spot market dropped by 0.90 rupees and settled at 543.30 rupees.


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  • Ref.Soya oil trading range for the day is 670-676.
  • Ref soyoil ended with gains on anticipation of good physical demand in coming festival season and reports of lower imports.
  • As per the data released by SEA, Aug crude soyoil import down 13% at 289,746 tn vs 333,599 tn yr ago.
  • India's edible oil imports may fall by 0.65% during 2017-18 on higher availability of stocks and hope of higher output in domestic market.
  • At the Indore spot market in Madhya Pradesh, soyoil was steady at 667.9 Rupees per 10 kgs.

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