NCDEX barley down tailing benchmark spot market

Ram Gopal Yadav (7 years ago)

Futures contract of barley fell on the NCDEX due to lower prices of the grain in Jaipur, the benchmark market in Rajasthan. On NCDEX, the most-active April contract was at 1,430 rupees per 100 kg, down 0.59%. Stockists have raised the demand for imported barley, which is cheaper and of better quality.

NCDEX coriander ends up on firm demand for new crop

Ram Gopal Yadav (7 years ago)

Futures contracts of coriander on the NCDEX ended higher because of firm domestic demand for the new crop. The most active April contract of coriander on NCDEX ended up 0.1%. Prices also gained as pace of the arrivals is also low this year, compared to the corresponding period last year, due to lower production and delayed harvesting.

Chana up in Bikaner on lower supply; unch in Delhi

Ram Gopal Yadav (7 years ago)

Prices of chana rose in Bikaner, Rajasthan, due to lower supplies amid a slight increase in demand from dal millers. Inventories in Rajasthan have fallen as the season draws to an end, and new crop arrivals will only start from mid-March.

CBOT soyoil hits 2-wk low; US soybean stocks seen up

Ram Gopal Yadav (7 years ago)

Futures contracts of soyoil on the CBOT hit a two-week low of 31.65 cents per pound, due to likely higher-than-expected inventories of soybean in the US. Strength in the US dollar also dragged down the prices of the commodity. The most-active May contract of soyoil on the CBOT was at 31.68 cents per pound, down 0.5% from the previous close.