Jeera Trading Range For The Day Is 18915-20365

Jeera trading range for the day is 18915-20365.

Jeera dropped on profit booking seen after news that Gujarat government is providing water in canal for rabi crops amid scanty rains.

As per reports, jeera exports in 2018/19 has crossed 1 lakh tonnes, up 54.8% compared to exports last year for same period.

NCDEX accredited warehouses jeera stocks dropped by 236 tonnes to 2401 tonnes.

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Turmeric Traded In Range Amid Lower Than Expected Exports

Turmeric trading range for the day is 6366-6582.

Turmeric traded in range amid lower than expected exports and domestic demand.

Besides, higher arrivals from growing regions and reports on higher acreage also weighed on the prices.

NCDEX accredited warehouses turmeric stocks dropped by 24 tonnes to 3434 tonnes.

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CPO Dropped Amid Rising Inventories In The World's Second Biggest Producer

CPO trading range for the day is 490.7-509.3.

CPO dropped amid rising inventories in the world's second-biggest producer and physical demand showed no signs of improvement.

Stockpiles at the end of October increased 7.6 percent from the previous month to 2.72 million tonnes, while production rose 6 percent to 1.96 million tonnes.

Inventories in top producers Indonesia and Malaysia were expected to rise for the next two months, with demand unlikely to jump from key buyers as palm oil solidifies in winter months.

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Mentha Oil Spot At Sambhal Closed At 1944.50 Per 1kg. Spot

Mentha oil trading range for the day is 1773.2-1814.2.

Mentha oil spot at Sambhal closed at 1944.50 per 1kg. Spot prices was down by Rs.-8.10/-.

Menthaoil settled down as spot markets are witnessing low demand amid adequate supply which weighed on prices.

According to preliminary estimates, mentha oil production in 2018-19 would be 40,000-45,000 ton against last year's production of 35,000 tons.

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Turmeric Dropped Amid Improved Acreage And Higher Arrivals

Turmeric trading range for the day is 6560-6728.

Turmeric dropped amid improved acreage and higher arrivals from growing areas.

However downside seen limited amid concerns that drought condition in Maharashtra and Karnataka will affect Turmeric standing crop.

NCDEX accredited warehouses turmeric stocks gained by 48 tonnes to 3392 tonnes.

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Cardamom Dropped Tracking Weakness In Spot Demand Amid

Cardamom trading range for the day is 1443.9-1471.9.

Cardamom dropped tracking weakness in spot demand amid profit booking after prices gained due to heavy losses to crop due heavy losses to crop

Export of cardamom from the country during 2017-18 spurted 48% to 5,680 ton from 3,850 ton a year ago.

Around 25 tn of new arrivals are coming at auctions daily, which is 25-30% of the total arrivals.

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Cotton Prices Gained On Low Arrivals And Due To Lower Production Forecast

Cotton trading range for the day is 22140-22740.

Cotton prices gained on low arrivals and due to lower production forecast.

Cotton production in 2018-19 is likely to fall 4.7% from the previous season to 34.8 million bales due to scanty rainfall.

Indian Cotton Federation said that the availability of cotton in the country would be comfortable in 2018-19 seasons.
  
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Crude Palm Oil Dropped Due To Weaker International Prices

CPO trading range for the day is 559.1-568.9.

Crude palm oil dropped due to weaker international prices and higher imports and forecasts of rising production.

Palm oil production forecast to rise in the last quarter of the year in line with the seasonal trend.

Global palm oil output will climb by nearly 2.5 million tonnes in 2019, although growth will slow in top producer Indonesia.

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Mentha Oil Settled Down As Spot Markets Are Witnessing Low Demand Amid

Mentha oil trading range for the day is 1706.8-1790.2.

Mentha oil spot at Sambhal closed at 1915.10 per 1kg. Spot prices was down by Rs.-42.90/-.

Mentha oil settled down as spot markets are witnessing low demand amid adequate supply which weighed on prices.

According to preliminary estimates, mentha oil production in 2018-19 would be 40,000-45,000 ton against last year's production of 35,000 tons.

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CPO Trading Range For The Day Is 565.5-575.3

CPO trading range for the day is 565.5-575.3.

Crude palm oil gained on short covering after prices dropped due to weaker international prices and higher imports.

Palm oil production forecast to rise in the last quarter of the year in line with the seasonal trend.

Output of palm oil from Indonesia, rose in September buoyed by peak harvest season, while demand from top buyers boosted exports.

Crude palm oil prices in spot market dropped by 5.40 rupees and settled at 570.30 rupees.

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Soyabean Gained Amid Expectations Of Higher Government Buying

Soyabean trading range for the day is 3326-3454.

Soyabean gained amid expectations of higher government buying and improving physical demand from oil mills.

All India arrival stood around 1.2 million tons up from 1.1 million tons a day ago.

NCDEX accredited warehouses soyabean stocks gained by 4276 tonnes to 66490 tonnes.

At the Indore spot market in top producer MP, soybean dropped -2 Rupees to 3310 Rupees per 100 kgs.

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Mentha Oil Prices Rallied Due To Bullish Demand Outlook

Mentha oil trading range for the day is 1791.4-1840.4.

Mentha oil spot at Sambhal closed at 1941.60 per 1kg. Spot prices was up by Rs.20.80/-.

Mentha oil prices rallied due to bullish demand outlook from domestic market as well as exporters.

Spot markets are also witnessing strong consumption demand amid restricted supplies.

Bumper crop harvest has been discounted in the market and market is moving upwards on rising demand from end users.




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Crude Palm Oil Traded In Range Tracking Declines In Global Markets

CPO trading range for the day is 582.7-592.7.

Crude palm oil traded in range tracking declines in global markets and on expectations of rising October production.

Palm oil production is forecast to rise in the last quarter of the year in line with seasonal trend, before tapering off early next year.

Malaysia's palm oil inventories had edged up in September to their highest in eight months as production levels came in higher than exports.

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Jeera Dropped On Profit Booking After Prices Gained Amid Improved Physical

Jeera trading range for the day is 19675-20585.

Jeera dropped on profit booking after prices gained amid improved physical domestic and exports demands from China and Bangladesh.

During monsoon season, Jeera producing districts of Gujarat received scanty rains, which will affect its production in next season.

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Turmeric Prices Gained On Improved Demand In The Local Mandis

Turmeric trading range for the day is 6464-6736.

Turmeric prices gained on improved demand in the local mandis amid lower stock.

However, turmeric arrivals in Sangli mandi were 2,000 bags today while the arrivals were 1,500-2,000 bags.

NCDEX accredited warehouses turmeric stocks gained by 78 tonnes to 3648 tonnes.

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Ref Soyoil Gained As There Is Consistent Increase In Demand

Ref.Soya oil trading range for the day is 754-772.

Ref soyoil gained as there is consistent increase in demand from stockists due to coming festival.

India’s oilmeal exports for the month of September 2018 reported a decline of about 73 per cent, the data showed.

For the first fortnight of October, base import price of crude soyoil cut to $701 per tn from $714 per tn.
  
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Soyabean Trading Range For The Day Is 3212-3366

Soyabean trading range for the day is 3212-3366.

Soyabean prices gained on improving crushing demand from oil mills, anticipation of exports demand for soy meal exports and MSP procurement.

However, expectation of bumper crop prospects limited the upside.

NCDEX accredited warehouses soyabean stocks gained by 8994 tonnes to 16215 tonnes.

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Turmeric Dropped On Profit Booking After Prices Gained Amid Strong Demand

Turmeric trading range for the day is 6540-6736.

Turmeric dropped on profit booking after prices gained amid strong demand in the physical market and lower arrivals.

Moreover, this season exports are likely to be higher for the best quality produce.

NCDEX accredited warehouses turmeric stocks gained by 179 tonnes to 2861 tonnes.

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Jeera Prices Gained Amid Good Physical Domestic, Decline In Arrivals

Jeera trading range for the day is 19035-19485.

Jeera prices gained amid good physical domestic, decline in arrivals in the physical market and exports demands.

Jeera arrivals of 4,895 bags were seen in Unjha mandi, Gujarat compared to 5,020 bags on the previous day

NCDEX accredited warehouses jeera stocks dropped by 24 tonnes to 2462 tonnes.

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Mentha Oil Trading Range For The Day Is 1677.1-1775.7

Mentha oil trading range for the day is 1677.1-1775.7.

Mentha oil spot at Sambhal closed at 1873.60 per 1kg. Spot prices was down by Rs.-4.10/-.

Mentha oil dropped as traders angry with the checking in adulteration, have stopped buying of mentha oil.

Bumper crop harvest has been discounted in the market and market is moving upwards on rising demand from end users.

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