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NCDEX Chana Tips
Chana futures closed up on buying by stockists who outweighed the higher supplies in spot markets, trader said. In the Delhi spot market, chana rose 14 rupees to 3,540 rupees per 100 kg.
NCDEX Guar Seeds
Indian Guar seed futures ended higher after reversing initial losses as buying by exporters negated the profit taking. The April guar seed contract on the NCDEX closed up 0.35 percent at 22,690 rupees per 100 kg. In the Jodhpur spot market, guar seed rose 44 rupees to 22,022 rupees per 100 kg.
NCDEX Pepper Tips
Indian pepper futures hit their maximum upper limit of 4 percent due to a squeeze in daily spot supplies on lower output and dwindling stocks. Supplies are low as farmers have been holding back stocks anticipating further price increases. In the Kochi spot market in Kerala, pepper gained 237 rupees to 39,878 rupees per 100 kg.
NCDEX Jeera Tips
Jeera futures hit a new contract low for the third straight session with more supplies entering the market amid expectations of higher output this year. About 27,000-28,000 bags of 60 kg each from the new crop have been arriving daily in the Unjha market in Gujarat, of which 20,000-22,000 gets traded. In Unjha, Jeera fell Rs 110 to 13,258 per 100 kg.
