Jeera prices closed lower by 1.8 per cent on Friday at the National Commodity & Derivatives Exchange Limited (NCDEX) on account of a surge in the supply from the producing regions in the midst of a decline in the export demand. At the NCDEX, jeera futures for April 2016 contract closed at Rs. 16,115 per quintal, down by 1.8 per cent, after opening at Rs. 16,400 against the previous closing price of Rs. 16,410. It touched the intra-day low of Rs. 16,085. Global output of Jeera is around 2.2 lakh MT per year, of which India produces about 1.5 lakh MT per year. India exports Jeera mainly to the US, UK, UAE, Japan, Brazil, Bangladesh, Singapore and many other countries. Other Major exporters are Syria and Turkey.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co Follow @Epic_Research
Monday, April 11, 2016
-
4/11/2016 11:18:00 AM
-
-
AGRI TIPS , Comex Gold Live Tips , commodity tips , Currency Derivates , EPIC RESEARCH , epicresearch.co , NCDEX tips , Option trading tips , Stock Tips
-
No comments
Related Posts:
EPIC RESEARCH NCDEX UPDATE OF TURMERIC 5 JUNE 2018 Turmeric prices dropped tracking fall in demand from spot domestic market AMID increased arrivals from growing regions. However, this year turmeric output is stated to be lower as farmers planted the crop on less area as… Read More
EPIC RESEARCH NCDEX UPDATE OF MENTHA OIL 4 JUNE 2018 Menthaoil trading range for the day is 1139-1238.2. Mentha oil spot at Sambhal closed at 1366.50 per 1kg. Spot prices was up by Rs.13.10/-. Mentha oil gains on rise in demand from the consuming industries at the spot mar… Read More
EPIC RESEARCH NCDEX UPDATE OF JEERA 5 JUNE 2018 Jeera trading range for the day is 15625-16395. Jeera prices dropped tracking weakness in spot demand amid profit booking after prices seen supported due to progress in export demand. Jeera output is expected to be bumpe… Read More
EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 6 JUNE 2018 Soyabean trading range for the day is 3386-3638. Soyabean prices gained on short covering amid expectation of better demand for crushing from oil mills. The Soybean Processors Association of India predicted 14% increase … Read More
EPIC RESEARCH NCDEX UPDATE OF REF SOYA OIL 6 JUNE 2018 Ref.Soya oil trading range for the day is 748-780. Ref soyoil ended with gains tracking firmness in spot demand and firmness in other oilseed counters after prices dropped amid sufficient domestic stocks. Prices seen … Read More
Subscribe to:
Post Comments
(
Atom
)
0 comments :
Post a Comment
Note: Only a member of this blog may post a comment.