Business Daily from THE HINDU group of publications Tuesday, Oct 14, 2008 ePaper | Mobile/PDA Version | Audio | Blogs |
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Agri-Biz & Commodities
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Commodity Markets Chilli, soya hit upper circuit on buying interest Our Bureau Mumbai, Oct 13 Most of the agriculture commodity including rapeseed/mustard, chilli and soyabean futures hit the upper circuit on good buying interest. RM seed futures hit the upper circuit at 2.56 per cent to Rs 600/20 kg on low inventory levels. Chilli was locked in the upper circuit of 2.26 at Rs 5,514 a quintal following increased domestic demand in the spot market. Taking the cue from the firm global markets, soybean hit the two per cent upper circuit at Rs 1,654 a quintal. Jeera gained 1.59 per cent to Rs 10,283 a quintal on fall in inventory levels at NCDEX accredited warehouses. Castor seed gained 1.18 per cent to Rs 549/20 kg. Turmeric plungesTurmeric plunged to its lower circuit at 2.92 per cent at Rs 3,491 a quintal on lacklustre demand in the domestic and global markets. Barley futures slipped 1.99 per cent to Rs 1,125 a quintal on the back of weak demand in Jaipur spot markets. On MCX, mentha oil and crude palm oil hit the upper circuit at 2.91 per cent and 2.66 per cent at Rs 541 a kg and Rs 309/10 kg. MCX recorded a turnover of Rs 6,231 crore up to 5 pm. More Stories on : Commodity Markets
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