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Tuesday, Dec 18, 2007
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Agri-Biz & Commodities - Spices & Condiments
Chilli futures gain on firm demand

Our Bureau

Mumbai, Dec. 17 Chilli futures on NCDEX gained 3.04 per cent to Rs 3,892 per quintal on firm demand in Guntur spot markets. Aggressive buying pushed turmeric futures 2.34 per cent to Rs 2,750 per quintal. Jeera was up 1.43 per cent to Rs 9,565 on declining stocks at Unjha spot markets. Expiry of December contract pushed up RM Seed by 1.14 per cent to Rs 476 per 20 kg. Barley futures lost 2.12 per cent to Rs 905 per quintal on account of profit booking after the recent upward movement. Kapas closed lower 0.58 per cent at Rs 461 per 20 kg on profit taking on recent rally.

Maize was down by 0.73 per cent at Rs 749 per quintal on the back of selling pressure. While potato Tarkeshwar on MCX gained 1.42 per cent to Rs 465 per quintal on buying support in the spot markets, the Agra variety ended 0.88 per cent lower at Rs 539 per quintal due to profit booking. Jute futures moved up 1.41 per cent to Rs 1,369 per quintal on short covering. Cardamom prices dwindled 0.83 per cent to Rs 598 per kg on the back of weak spot market at Kerala.

MCX recorded a turnover of Rs 4348 crore up to 5 pm on Monday.

More Stories on : Spices & Condiments | Commodity Markets

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