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Business Daily from THE HINDU group of publications Thursday, November 19, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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Update at 1600 hrs (IST)
Commodities Chilli futures fall on profit-taking NEW DELHI: Chilli futures prices fell 2.68 per cent at the National Commodity and Derivatives Exchange on Thursday on emergence of profit-taking at existing higher levels driven by a fall in demand in the spot market. Chilli for far-month December contract fell 2.68 per cent to Rs 6,390 per quintal with an open interest of 3,890 lots. The spice for delivery in February contract also plunged by 2.37 per cent to Rs 6,051 per quintal with an open interest of 615 lots.
Marketmen said emergence of profit-taking at existing higher levels due to a fall in demand in the spot market pulled down chilli prices at futures market. - PTI
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