Business Daily from THE HINDU group of publications Wednesday, Feb 06, 2008 ePaper | Mobile/PDA Version |
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Agri-Biz & Commodities
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Commodity Markets Stock shortage helps chilli futures gain Our Bureau Mumbai, Feb. 5 Chilli futures on NCDEX edged up 0.92 per cent to Rs 4,040 per quintal on firm Guntur spot markets. “Shortage of stock on the back of rising demand lead to speculative buying,” said a trader. Maize prices went up 0.78 per cent to Rs 771 per quintal on fresh buying. Soyabean ended firm at Rs 2,120 per quintal on strong international market. Jeera fell 1.52 per cent to Rs 10,362 per quintal on profit taking after the recent rally. Pepper tumbled 0.95 per cent to Rs 14,711 per quintal on long liquidation. Guar seed lost 0.77 per cent to Rs 1,805 per quintal on weak spot markets. Chana downChana and sugar futures lost 0.7 per cent and 0.66 per cent at Rs 1,413 per quintal and Rs 2,417 per cent quintal on profit booking. MCX recorded a turnover of Rs 6,296 crore up to 5 pm, while it was Rs 2,562 crore in NCDEX on Tuesday. More Stories on : Commodity Markets | Spices & Condiments
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