Tuesday, February 19, 2013

NCDEX Commodity Trend and Tips For Today


Today cardamom declined strongly. March futures on MCX cardamom with a decline of 2.5 per cent is trading at Rs 953. In today's frenetic and cumin on the NCDEX price has risen to around Rs 13,500.

With red pepper on NCDEX dropped 2.5 per cent to Rs 6,700 is down. Turmeric is trading at Rs 6320 dropped 1.5 per cent. Coriander is increasingly seen. NCDEX Coriander 1.5 percent higher at 6,800 rupees exceeded. Pepper also has 2 per cent up to Rs 41 400.

Soybean has picked up strongly today. NCDEX March soybean futures rose nearly 2 per cent, reaching up to Rs 3,320. February futures is too fast, the February futures will expire tomorrow. The Chicago Board of Trade soybean has accelerated, and this has had on the domestic business. News is that rain reduced soybean yields in Argentina may be lacking.

Mumbai Chhatrapati Shivaji Jayanti to mark off the spot market, but in Ahmedabad today gold price has come down to Rs 30,000. In futures trading in gold and silver is extremely sluggish. And flat on MCX gold is trading at Rs 30 185. The flat and silver is trading at Rs 56,250.
 

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