Coriander, jeera rises on fall in supply.

Coriander and jeera prices were up at the wholesale kirana market in the national capital mostly supported by increased buying by retailers and stockists amid low stocks. Besdies, firming trend in futures market and restricted supplies in the domestic market also supported the uptrend.

Malaysia CPO ends down as Indonesia output seen up.

Futures contracts of crude palm oil on the Bursa Malaysia Derivatives ended lower due to expectations of higher output in Indonesia this year. Indonesia Palm Oil Association expects the country’s crude palm oil production to rise 12.3% to 36.5 million metric tonne this year. The most-active January contract of crude palm oil on the Malaysian bourse closed at 2,804 ringgits (42,796.84 rupees) per metric tonne, down 0.6% from the previous close.

CBOT soyoil down on higher palm oil output view.

Contracts of soyoil on CBOT declined because the output of palm oil in Indonesia was more than last year. The output of palm oil in Indonesia is expected to increase 12.3% on year at 36.5 million metric tonne in 2017. The most active December contract of soyoil on CBOT traded at 34.50 cents per pound, down 0.5% from the previous close.

Groundnut prices steady in Gondal on govt buys.

Despite weak demand, prices of groundnut seed were steady in Gondal, Gujarat, because of government procurement under minimum support price. The Gujarat government announced a bonus of 50 rupees per 100 kg on the minimum support price of groundnut in shell.

India Soy shrugs gains from, down over 1% on CBOT cues.

Shrugging off gains from the previous session, futures contracts of all components of the edible oil basket fell on domestic exchanges. After ending 2.5% higher in the previous session, soybean on the National Commodity and Derivatives Exchange closed 1.2% lower as demand from crushing plants fell at higher prices.