Business Daily from THE HINDU group of publications
Saturday, Feb 17, 2007
ePaper


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Agri-Biz & Commodities - Commodity Markets
Web Extras - Commodity Exchanges
Jeera, maize futures rise

Our Bureau

Advertisement
Bharat Matrimony

Mumbai Feb. 16 Participation in commodity futures on Friday remained thin in the absence of signals from spot markets, which remained closed on Friday for Maha Shivratri. Opening lower by Rs 60, Jeera futures attracted good buying at the later session of trading, breaking the all-time intra-day high of Rs 10,069 per quintal to touch Rs 10,135. But they pared their gains later, to close at Rs 10,080, up 0.28 per cent from the previous day's close.

Maize futures were up 0.25 per cent at Rs 8,035 per quintal, while guarseed gained 0.16 per cent at Rs 1,868 per quintal. Potato Tarkeshwar futures on MCX were up 0.96 per cent as supply concerns still persist.

Chilli futures on NCDEX continued to lose ground, shedding 1.18 per cent at Rs 3,847 per quintal. "The Guntur chilli spot markets are closed for the next three days. Traders are expecting the arrivals to increase to 60,000 bags on Monday," said a dealer.

Pepper and refined soya oil futures lost 1.13 per cent and 1.05 per cent at Rs 12,655 per quintal and Rs 447 per 10 kg, respectively. Cardamom futures on MCX fell 2.81 per cent to Rs 467 per kg as they were aligning to spot prices, which were quoting at Rs 415.

Mentha oil and kapaskhali futures on MCX were down 0.8 per cent and 0.32 per cent at Rs 579 per kg and Rs 345 per 50 kg, respectively.

NCDEX registered a turnover of Rs 2,072 crore (Rs 2,809 crore, up to 11 pm yesterday) up to 5 pm on 70,390 (89,870) trades while on MCX it was Rs 2,627 crore (Rs 11,106 crore, up to 11 pm) on 51,976 (187,473) trades.

Active trades were seen in chana, pepper, guarseed, refined soy oil, jeera and gold.

More Stories on : Commodity Markets | Commodity Exchanges

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
PNB has new scheme for farmers


CIFT chief calls for simplification of patent laws
Excise duty concessions for pesticides under study
Mixed trend in spot rubber
How mills stand to gain from cogeneration, alcohol
No impact
Coffee Board seeks sops to develop domestic market
Suguna Poultry to seek carbon credit for wind energy project
Jeera, maize futures rise
Ethanol, cogen help sugar mills stay afloat


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2007, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line