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| MCX Agri Commodity Outlook |
MCX
cardomom price went high with 16.4 points and is now trading at
1180 points. It
declined on wednesday due to poor domestic demand. In MCX Cardamom
(Aug) traded in the evening session at Rs.1334 per Kg, a decline of
2.70% and open interest of the contract stood at 1964 lots.
NCDEX
Jeera( April) prices hit lower limit in today's trading session
and continues down trend. It is trading in the range of
12252.50-12700 per quintal in today's trading session till now.
NCDEX
Wheat gained
on Wednesday afternoon due to large domestic demand after India
allowed 2 million tons of wheat exports. Wheat in NCDEX August
contract traded at Rs.1260 per quintal, higher by 1.12% so far and
open interest of the contract stood at 1770 lots.
MCX
Mentha oil
futures gained on Wednesday by the traders due to rising spot demand.
It is expecting an upward movement because of the high arriving
demands. Mentha oil(Aug) contract traded in the afternoon session at
Rs.1238.90 per Kg, higher by 0.97% and open interest of the contract
stood at 1685 lots for the time being.
NCDEX
Coriander
futures continued upward trend as traders booked profits on the back
of subdued domestic demand. Coriander in NCDEX August contract traded
at Rs.4054 per quintal. It showed a decline by 1.07%.
