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Agri-Biz & Commodities - Commodity Markets
Chana futures drop on profit taking

Our Bureau

Mumbai April 10 Pepper and chilli futures on Tuesday hit the lower circuit of 4 per cent at Rs 15,878 and Rs 5,962 per quintal.

However, they managed to trim losses and closed 2.68 per cent at Rs 16,095 per quintal and 3.25 per cent at Rs 6,008 per quintal, respectively.

Guarseed for May delivery lost 1.25 per cent to Rs 2,056 per quintal as NCDEX warehouse stock increased 13 per cent to 27,777 tonnes on Monday against 24,454 tonnes last month.

Profit booking dragged chana futures down 0.96 per cent to Rs 2,381 per quintal. Mentha oil and rubber futures on MCX lost 1.33 per cent and 1.98 per cent to Rs 603 per kg and Rs 9,280 per quintal. Potato Tarkeshwar on MCX and castorseed on NCDEX remained the only gainers.

Turnover

NCDEX registered a turnover of Rs 4,586 crore up to 5 pm (Rs 4,228 crore, up to 2 p.m.) on 138,930 trades (127,890), while on MCX it was Rs 3,793 crore up to 5 pm (Rs 8,093 crore, up to 2 p.m.) on 67,039 (143,864) trades.

Active trades were seen in chana, pepper, guarseeds, refined soya oil, jeera and gold.

More Stories on : Commodity Markets

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