NCDEX coriander up 2% on bargain buying; spot unch
Ram Gopal Yadav (7 years ago)

The futures contracts of coriander were up nearly 2% on the NCDEX as investors bought the commodity. The most active July contract was up 1.7%. Open interest in the contract rose by 170 tn to 35,780 tn indicating bargain buying. In Kota the benchmark market, the badami variety was sold at 4,900 rupees per 100 kg and the eagle variety was sold at 5,100 rupees, both steady from previous close. However, the medium term outlook for coriander remains weak because of low global demand and higher carryover stocks.

NCDEX mustard down tracking fall in soy, high stocks
Ram Gopal Yadav (7 years ago)

Mustard seed contracts on the NCDEX were down tracking the fall in the soy complex on the exchange.Mustard seed prices dropped tracking soybean prices owning higher stockpiles in local mandis and government measures. The most active July contract on the NCDEX was down 0.8%.

NCDEX soybean down 1% as sowing gathers pace.
Ram Gopal Yadav (7 years ago)

The most-active July soybean contract on the NCDEX fell nearly 1% as sowing in key growing areas in the country gathered momentum with the progress of monsoon. The contract was at 3,412 rupees per 100 kg, down nearly 1% from the previous close. Soybean sowing was at 17,000 ha, up 31% from a year ago. Reports of weak soymeal exports also weighed on sentiment. However, any sharp fall was limited due to gains in key soybean contracts on the CBOT.