Ref.Soya oil trading range for the day is 700-740.Ref soyoil ended with gains on better export demand and worries of raw material shortage
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Most of the cultivators reported strong liquidation in the major mandies to meet their cash requirement during the festivals season.Technically market is under long liquidation as market has witnessed drop in open interest by -2.2% to settled at 4306Equity market tips
crude oil inventories rose by 5.2 million barrels.Over the past four weeks, inventories have risen by 22 million barrels, the biggest four-week build since April 2012 and the second largest since February 2009.Equity market tips
Chana
Chana futures witnessed short coverings on Wednesday on expectations of demand to emerge at lower price levels. November futures settled 0.92% higher while spot prices settled 1.91% higher on Wednesday.
Prices had declined over the last one week as sowing operations have started in key...
.Market sources suggested that strong demand is mainly on the account of possibility of poor sowing acreage in the next seasonEquity market tips
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At the NCDEX, castor seed futures for November 2013 contract were trading at Rs. 3,640 per quintal tonnes, up by 0.64 per cent, after opening at Rs. 3,620 against the previous closing price of Rs. 3,617.Equity market tips
Menthaoil trading range for the day is 846.7-864.1.Menthaoil spot is at 953/-. Spot market remains unchanged.Mentha oil rose tracking a firm trend at spot market on strong retailers and export demand.Sentiment improved further due to restricted arrivals from major producing regions
Crudeoil trading range for the day is 6099-6301. Crude oil dropped after official data revealed that U.S. crude supplies rose more than expected. The U.S. Energy Information Administration said in its weekly report that U.S. crude oil inventories rose by 4 million barrels Saudi Arabia increased...
NCDEX accredited warehouses turmeric stocks dropped by 169 tonnes to 7156 tonnes.In Nizamabad, a major spot market in AP, the price ended at 4834.35 rupees gained 8.05 rupeesEQUITY TIPS
At the NCDEX, coriander futures for October 2013 contract was trading at Rs. 6,434 per quintal, down by 0.83 per cent, after opening at Rs. 6,452 against the previous closing price of Rs. 6,488.EQUITY TIPS
Ref.Soya oil trading range for the day is 702-714.Ref soyoil ended with gains on firm spot market demand and good buying support from both exporters and upcountry buyers.Worries on the standing crop in MP and Gujarat also pepped up the sentiments.Global soybeans have been supported off late on...
Crudeoil trading range for the day is 6008-6366.
Crude oil dropped after the U.S. Congress passed a bill to reopen the government and avoid a U.S debt default.
Oil prices also remained under pressure after a report by the API showed that U.S.
the local mandies are currently having the sufficient carryover stocks of turmeric to meet entire demand.In Nizamabad, a major spot market in AP, the price ended at 4834.35 rupees dropped -91.65 rupeesEQUITY TIPS
Crudeoil trading range for the day is 6176-6424. Crude oil gains as it appeared Congress was close to an 11th-hour deal to raise the government's debt ceiling and prevent a default. Crude oil stocks rose 5.9 million barrels, data from American Petroleum Institute showed, more than double the...
Ref.Soya oil trading range for the day is 695-705.Ref soyoil ended with gains on good demand in spot markets due to festivals.Worries on the standing crop in MP and Gujarat also pepped up the sentiments. Global soybeans have been supported off late on concern that rain in the US will slow the...
At MCX, Cardamom futures for November 2013 contract were trading at Rs. 743.50 per kg, up by 0.68 per cent, after opening at Rs. 742 against the previous closing price of Rs. 738.60.
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Crude il rose after the seizure of Libya's prime minister punctured confidence that its oil exports would return smoothly to normal.The OPEC nudged up its 2014 global oil demand forecast by 1.0 mbd to reach 90.8 mbd Libya's oil output has risen to 700,000 bpd, after falling at mid-year to its...
turmeric prices under pressureTechnically market is under fresh selling as market has witnessed gain in open interest by 1.72% to settled at 13045 In Nizamabad, a major spot market in AP, the price ended at 4989.1 rupees dropped -21.3 rupees.EQUITY TIPS
Crude Oil futures, for the October 2013 contract, closed at Rs 6,303 per barrel, down by 2.34 per cent, after opening at Rs 6,470, against a previous close of Rs 6,454.EQUITY TIPS