NCDEX Tips 16 March

“NCDEX Tips” 16 March 2012

Turmeric root extract extract futures trading ended reduced on Friday on the again of greater supply from the clean plants and on hopes on greater generation in the next plants.
In NCDEX turmeric April agreement shut at Rs.4280 per quintal, a decline of 0.95% against the past near. Start attention of the agreement was at 22460 plenty and amount dealt is 13860 plenty.

Chilli futures trading dropped Thursday due to sluggish need in the physical markets amongst greater arrivals from the clean plants.

In NCDEX spicy pepper April agreement shut at Rs.5481 per quintal, fell by 2.64% against the past near. Start attention of the agreement was at 6270 plenty and amount dealt is 3850 plenty.
According to promote sources, unfavorable conditions have affected the quality of the crop; thereby the need was reported as careful in the identify industry.

Chana futures trading rose Thursday on clean buying by the traders on the again of rising identify need along with reduced generation estimates.