Thursday, January 12, 2012

NCDEX Outlook for Today 12-Jan

  • Chilli arrivals declined about 30,100 bags at Guntur market as spot rates were offered in the range of 6,510 - 6,810 per quintal.
  • Jeera arrivals declined about 4,000-4,510 bags and the same were traded at auction held at Unjha market. The spot rates of Jeera closed higher by 82 - 102, with rates offered above 15,210 per quintal.
  • Pepper spot rates declined around 314 per kg and that of un-garbled was down around 299 per kg. Peppr arrivals declined about 3 tons & trades too were down around 7 tons at Kochi market, as per IPSTA.
  • Turmeric spot rates were steady around 48 - 52 per kg for old crop and 31 - 36 per kg for new crop, across major trading centers.
  • Soya Bean arrivals declined around 3 - 3.3 lakh bags across major trading centers.
  • Guar Seed arrivals declined to 2,927 quintals, while the average of the closing spot rates was up around 7,773 per quintal, as per agriculture marketing board of Rajasthan.
  • Mentha Oil spot rates closed above 1,459 per kg, while arrivals increased about 381 - 401. Futures eased slightly from day's high on profit-booking.

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