Tuesday, June 19, 2018


  • Soyabean trading range for the day is 3436-3508.
  • Soyabean gained on short covering after prices dropped due to subdued demand in the physical market.
  • Around 25% of soybean stocks are with farmers and stockiest till May 31 on weak demand from crushers
  • NCDEX accredited warehouses soyabean stocks dropped by 197 tonnes to 15800 tonnes.
  • At the Indore spot market in top producer MP, soybean gained 11 Rupees to 3569 Rupees per 100 kgs.

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  • Menthaoil trading range for the day is 1116-1171.6.
  • Mentha oil spot at Sambhal closed at 1305.90 per 1kg. Spot prices was down by Rs.-10.10/-.
  • Mentha oil prices dropped amid a fall in demand from consuming industries at the spot market.
  • Further, ample stocks position on increased supplies from the major producing belts of Chandausi in Uttar Pradesh too weighed.
  • As per preliminary estimates, acreage under mentha crop will rise this year as the farmers are encouraged by higher prices.

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Thursday, June 14, 2018


  • Cardamom trading range for the day is 941.8-1004.6.
  • Cardamom gained on short covering after prices dropped on reports of bumper output on the back of favourable weather
  • There has been raining in the producing centres of Kerala and present weather is conducive to the coming crop.
  • Producing centres of Kerala are getting good rains and monsoon is also expected to hit Kerala coast three days before schedule.
  • Cardamom prices in spot market gained by 20.30 rupees and settled at 988.60 rupees
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Jeera trading range for the day is 16215-16785.
Jeera prices gained amid expectation of strong overseas demand on supply uncertainties in other producing nations.
Global demand for Indian jeera has firmed up as Syria and Turkey crop will arrive only around June-July.
NCDEX accredited warehouses jeera stocks gained by 309 tonnes to 2321 tonnes.
In Unjha, a key spot market in Gujarat, jeera edged up by 145.2 Rupees to end at 16428.55 Rupees per 100 kg.

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  • Turmeric trading range for the day is 7096-7636.
  • Turmeric prices gained due to bargain buying by stockists and retailers amid restricted supplies from growing regions.
  • However upside seen limited amid good progress of monsoon rains in turmeric growing regions of Tamil Nadu and Karnataka.
  • NCDEX accredited warehouses turmeric stocks gained by 79 tonnes to 5777 tonnes.
  • In Nizamabad, a major spot market in AP, the price ended at 7301.45 Rupees remains unchanged at0 Rupees.

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Wednesday, June 13, 2018


  • CPO trading range for the day is 626.2-646.2.
  • Crude palm oil dropped tracking weakness in spot demand and overseas prices weighed down by the Malaysian government's decision to maintain export tax for July.
  • Malaysia, kept its crude palm oil export tax at 5 percent in July, the Malaysian Palm Oil Board said in a statement.
  • Exports of Malaysian palm oil products for Jun. 1-10 fell 18.2 percent to 334,132 tonnes.
  • Crude palm oil prices in spot market dropped by 1.40 rupees and settled at 642.20 rupees.

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