Market Wrap For Daily Agri Commodity

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MARKET WRAP FOR AGRI COMMODITY

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  [*]• Chana slumps on profit booking
  [*]• Jeera up on firm export demand
  [*]• Pepper tumbles on subdued demand

Chana tumbled today on the back of profit booking and fresh selling on the back of better sowing progress and favorable weather condition; shredding 103 pts. Jeera ended up gaining 493 pts or 3.37% due to firm export demand and limited stocks in local market. Turmeric witnessed range bound session and ended flat on negative bias.

 

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Agri Commodity News :24-12-2011

WHEAT

Spot wheat quoted higher in Delhi on better demand, while quoted slightly down at Kota in Rajasthan on dull demand on Friday.At Indore mandi of Madhya Pradesh, wheat mill quality quoted at Rs 1,075-1,100 malavraj at Rs 1,150-1,175 a quintal, lokwan at Rs 1,150-1,250 a quintal.

SUGAR

Private sugar mills prices quoted down Rs 5-10 a quintal, while old sugar prices also offered down in the market. Spot sugar M grade quoted down Rs 10 quintal at Rs 3,130-3,380 per quintal.

GUR

Gur balti quoted steady in Hapur mandi on Friday. Gur quoted down on increased arrival and slow demand. Total arrival gur balti reported around 4,000 mounds. Gur balti in Hapur quoted at Rs 990 per mound.

 

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Market Wrap For Agri Commodity : 31-12-2011

MARKET WRAP FOR AGRI COMMODITY
• Guar gum and seed ends down on lower circuit
• Pepper and Jeera ended up gaining almost 1%
• Oil and oil seeds edges, mustard seed edges up
Guar gum and Seed ends down in red on lower circuit due to profit booking at high levels as its trend is cautious and is overdue for a correction. In Spices space, Jeera and Pepper edged up 155 pts and 310 pts respectively while Turmeric ended down due to subdued demand shredding 60 pts. Mustard seed edged up again by gaining 27 pts.

 

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Agri Commodity News : 31-12-2011

SUGAR
Spot sugar quoted up Rs 25 a quintal on better demand at Vashi market in Mumbai on Friday. In the Vashi sugar market Sugar S-30 grade offered in the range of Rs 2,940- 2,970 a quintal and M-30 at Rs 3,040- 3,090 a quintal.

GUR
Gur chaku quoted up Rs 10-15 at the Muzaffarnagar market, whereas arrival stood around 7,000-8,000 mounds.

GUAR SEED
Guar seed quoted higher in spot markets on Friday.At Jodhpur in Rajasthan, guar seed pure white traded at Rs 7,550 a quintal delivery.

TURMERIC
The April turmeric contract was down 1.83 percent at 4,610 rupees per 100 kg.In Nizamabad spot market, turmeric fell 24 rupees to 5,113 rupees per 100 kg.

BLACK PEPPER
Spot black pepper quoted up Rs 100 a quintal on Friday. Black pepper futures also traded up, but volume was thin. Black pepper un-garbled quoted at Rs 32,100 per quintal and MG-1 at Rs 32,800 a quintal.

 

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07-01-2012



MARKET WRAP FOR AGRI COMMODITY

• Mentha oil hits upper circuit for 2nd day
• Guar gum and Seed up on fresh buying
• Chana ends up with marginal gains

Mentha oil ended up for second consecutive day gaining 54.2 pts or 4% on the back of firm domestic demand from pharmaceutical & industrial sector. Guar gum and seed ended up hitting upper circuit due to fresh buying owing to unfavorable weather conditions concerns. Cardamom ended down for second session due to fresh selling.

 

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Agri Commodity News : 07-01-2012

WHEAT
At Indore mandi of Madhya Pradesh, wheat mill quality quoted at Rs 1,150-1,175 malavraj at Rs 1,175-1,300 a quintal, lokwan at Rs 1,175-1,200 a quintal.

SUGAR
Spot sugar quoted down Rs 20 a quintal on slow demand at Vashi market in Mumbai on Friday.In the Vashi sugar market Sugar S-30 grade offered in the range of Rs 2,870- 2,920 a quintal and M-30 at Rs 2,970- 3,070 a quintal.

GUR
Gur chaku quoted steady at the Muzaffarnagar market, whereas arrival stood around 7,000-8,000 mounds.

 

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Market Wrap For Agri Commodity : 21-01-2012

MARKET WRAP FOR AGRI COMMODITY

• Spices ends down on subdued demand outlook
• Mentha oil settles in red on profit booking
• Guar gum and Seed advances; trend cautious

Spices ended in red today due to subdued demand outlook in near term with Jeera worst; shredding 81 pts followed by Pepper trimming 220 pts and Turmeric losing 24 pts or 0.54%. Soya bean ended up today on the back of short covering and fresh buying at lower levels adding 14.5 pts or 0.58% while Mustard seed ended down losing 14 pts..

 

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WHEAT

At Indore mandi of Madhya Pradesh, wheat mill quality quoted at Rs 1,175-1,200 malavraj at Rs 1,225-1,250 a quintal, lokwan at Rs 1,225-1,300 a quintal.

SUGAR

Spot sugar quoted down Rs 15 a quintal in Mumbai on slow demand at Vashi market in Mumbai on Friday. In the Vashi sugar market Sugar S-30 grade offered in the range of Rs 2,870- 2,930 a quintal and M-30 at Rs 2,945- 3,060 a quintal.

GUR

Gur chaku offered up Rs 10 per mound on better demand in the Muzaffarnagar market, whereas arrival stood around 4,000 mounds

GUAR SEED

Guar seed swung on high swinging in guar futures on Friday.At Jodhpur in Rajasthan, guar seed pure white traded down Rs 700 a quintal at Rs 11,500 a quintal delivery .

JEERA

The February jeera contract on the National Commodity and Derivatives Exchange (NCDEX) was down 0.52 percent at 15,835 rupees per 100 kg.

 

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Agri Commodity News : 21-01-2012

WHEAT

At Indore mandi of Madhya Pradesh, wheat mill quality quoted at Rs 1,175-1,200 malavraj at Rs 1,225-1,250 a quintal, lokwan at Rs 1,225-1,300 a quintal.

SUGAR

Spot sugar quoted down Rs 15 a quintal in Mumbai on slow demand at Vashi market in Mumbai on Friday. In the Vashi sugar market Sugar S-30 grade offered in the range of Rs 2,870- 2,930 a quintal and M-30 at Rs 2,945- 3,060 a quintal.

GUR

Gur chaku offered up Rs 10 per mound on better demand in the Muzaffarnagar market, whereas arrival stood around 4,000 mounds

GUAR SEED

Guar seed swung on high swinging in guar futures on Friday.At Jodhpur in Rajasthan, guar seed pure white traded down Rs 700 a quintal at Rs 11,500 a quintal delivery .

JEERA

The February jeera contract on the National Commodity and Derivatives Exchange (NCDEX) was down 0.52 percent at 15,835 rupees per 100 kg.