MCX Commodity Online Tips : Agri Turmeric, Jeera, Coriander,

Turmeric: Commodity Turmeric futures (April) is expected to trade in the range of 7,450 – 7,615 levels. There was a mixed feel in turmeric trade since spot prices plunged at Erode markets. However, prices at Basmatnagar, Nizamabad and Duggirala markets remained unchanged on account of lackluster business activities. Due to adequate availab…

Higher arrivals drag turmeric prices | Agri Commodity Price

Prices of turmeric have been under stress in the near-term as a consequence of higher arrivals in the terminal markets and lower exports. On the other hand, the fundamentals support a strong market based on reports that turmeric production in Tamil Nadu, Telengana and Andhra would be lower than last season. NCDEX Turmeric’s spot prices on Mond…

India has no plan now to raise import tax on sugar

India has no plan at present to raise import tax on sugar as the Govt doesn’t see prospects of imports from Pakistan as of now, as per report. Although sugar availability of this year remains as tight as last year, India will have sufficient sugar to meet domestic demand without overseas purchases. The govt has pegged total sugar output at 24.…

MCX NCDEX Calls : Refined Soya oil under short covering

The NCDEX Refined Soya Oil is under short covering Wednesday on weak U.S soya Oil futures. The market has witnessed drop in open interest by 2.9 percent settled at 30,130 while prices up 1.35 rupees. NCDEX Refined Soya settled up by 0.18 percent at 733.4 tracking stability in spot demand amid expectation of higher demand from China. Hope of incr…