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Our Bureau

Mumbai, March 12 Chilli hit the lower circuit of 4 per cent at Rs 3,937 per quintal due to increase in arrivals at the Guntur spot markets.

Turmeric plunged 3.69 per cent at Rs 3,183 per quintal on long liquidation after the heavy rally.

Chana too hit the lower circuit at 3.99 per cent at Rs 2,812 per quintal as spot markets remained weak on robust arrivals.

Taking cues from weak international markets, RM seed fell 3.43 per cent at Rs 606 per 20 kg. Guar seed tumbled by 3.41 per cent to Rs 1,900 per quintal on panic selling after European Union reportedly laid down new measures on guargum exported from India.

Tracking the firm spot market in Jaipur, barley futures gained marginally to Rs. 1,086 per quintal.

On MCX, mentha ended was down 1.74 per cent at Rs 445 per 20 kg, while potato lost 0.74 per cent to Rs 589 per quintal. While menthe fell on long liquidation, potato prices dipped on increase in arrivals and lack of buying from stockists.

MCX recorded a turnover of Rs 6,780 crore up to 5 pm on Wednesday, while it was Rs 3,473 in NCDEX.

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Replication of SICA on the farm front

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