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Mumbai – Most of the spices closed bearish towards the ending session on National Commodity and Derivatives Exchange (NCDEX) Thursday. While, black pepper hit three per cent upper circuit tracking strong fundamentals in spot, turmeric futures along with cumin seed and red chilli futures ended down.
Turmeric: Turmeric futures May contract shed Rs 22 at Rs 8,760, fluctuating between 8,862 and 8,610 a quintal. Volume so far recorded at 5,190 tons. Open interest in April stood at 15,035 lots in Nizamabad.
Black Pepper: Black pepper May futures closed clocking huge gains on limited availability in the markets at 27,183 a quintal, spurting up by Rs 792 or 3% marking the last budging range of the day as Rs 27,183-26,488 a quintal. Volume stood at 8,775 tons. Open interest in March stood at 11,189 lots in Kochi.
Cumin seed: Cumin seed futures most traded May contract lost Rs 174 at Rs 14,984 and traded in the range of Rs 15,265-14,935 a quintal. Volume stood at 7,062. Open interest for the April contract was 18,462 lots in Unjha.
Red Chilli: Red chilli June futures ended moderately down shedding Rs 28 at Rs 10,524 and traded in the range of Rs 10,702-10,452 a quintal. Volume of the contract was 5,240 tons. Open interest in April stood at 14,700 lots in Guntur.
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Black pepper posts up to 3pc profits, rest spices end weak
Black pepper posts up to 3pc profits, rest spices end weak
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Blog Archive
- ▼ 2011(8)
- ▼ April(8)
- Base metals futures extend losses
- Crude oil slips in tandem with Nymex
- Cumin seed sheds Rs 50 in spot
- Cotton gains Rs 25-30 in north India
- World maize supply estimated to fall by 0.8pc
- Domestic oil seed and edible oil end mostly down
- Black pepper posts up to 3pc profits, rest spices ...
- Base metals move bearish
- ▼ April(8)
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