MCX crude palm oil futures up on bargain buying
Ram Gopal Yadav (9 years ago)

Futures contracts of crude palm oil rose on MCX due to bargain buying after prices hit a near one-week low of 559.7 rupees per 10 kg. The November contract of crude palm oil on MCX was at 562 rupees on the MCX, up 0.2% from previous close. Traders are expecting a hike in import duty on edible oils which also added to the positive market sentiment.

Mustard seed up in Jaipur on seasonal demand for oil.
Ram Gopal Yadav (9 years ago)

Mustard seed prices were up in the benchmark market of Jaipur, Rajasthan as the onset of winter has led to an improved demand for mustard oil. A fall in arrivals also supported mustard seed prices. Export demand for mustard meal further lifted oilseed prices in domestic market.

NCDEX barley up 1% on demand from poultry industry.
Ram Gopal Yadav (9 years ago)

The December contract of barley was up 1%, owing to improved demand from poultry feed industry. The most active December contract was up 0.99%. A decline in stocks of barley at the exchange accredited warehouses also supported prices on the NCDEX. Stocks declined because traders are withdrawing them to avail higher prices in the spot market.

Jaipur barley down as quality concerns hit demand.
Ram Gopal Yadav (9 years ago)

Barley prices fell in Jaipur because concerns about the quality of domestic stocks hit demand from malt manufacturing companies. Speculations of barley imports from Argentina and favourable weather in key growing areas also weighed on prices.