TODAY'S NCDEX MARKET UPDATES 30/JAN/2014

DAILY BUZZ

CARDAMOM
 
Cardamom prices rose by 0.40 per cent to Rs 724.90 per kg in futures trade today after speculators enlarged positions supported by good buying in the spot markets.

Sentiment improved further as a result of firm demand in the spot market against restricted arrivals from producing belts.

At the Multi Commodity Exchange, cardamom for February contracts rose by Rs 2.90, or 0.40 er cent, to Rs 724.90 per kg, with a trading volume of 136 lots. The spice for delivery in March was trading up by Rs 2.80, or 0.37 per cent, to Rs 755 per kg, with a business volume of 44 lots.

MENTHA OIL

Mentha oil prices rose by 0.44 per cent to Rs 819.20 per kg in futures trade today as traders created fresh positions, driven by pick up in demand from consuming industries in spot markets.

The trading sentiment improved further on lower arrivals from major producing area of Chandausi in Uttar Pradesh.

At the Multi Commodity Exchange, mentha oil for delivery in January rose by Rs 3.60, or 0.44 per cent, to Rs 819.20 per kg, clocking a business volume of 120 lots.

 

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