Mentha oil futures prices witnessed huge volatility during Tuesday’s trading session.
From opening of the session futures started trading down on extended bearish trend.
However, later on, prices turned positive on fresh buying on previous huge losses.
Spot prices also moved down in morning and quoted below Rs. 2470-2500 per Kg.
NCDEX Pepper Ends Higher On Short Covering
Pepper April futures prices extended the recovery on short covering during Tuesday’s trading session.
From ghe opening of the session, futures started trading on the positive side. Prices took small corrections during the day but later saw prices turn on the higher side.
Reports of limited availability also supported the prices and futures prices, which ended up by 1.96%.
NCDEX Turmeric Settles Higher On Active Buying
Turmeric futures prices witnessed smart recovery on previous huge losses during Tuesday’s trading session. From the opening of the session, futures started trading down.
Activity at spot front also remained subdued on heavy arrivals.
However, later on, prices turned positive on short covering and futures prices closed on higher note.
NCDEX Jeera Finishes Up On Bargain Buying
Jeera April futures prices extended the bearish trend during the first half of Tuesday’s trading session.
Prevailing bearish sentiments weighed on prices and futures prices touched a 20-month low during the day.
However, later on, prices reversed the trend on short covering and futures prices ended the day in green.
NCDEX Chilli Ends Lower On Profit Booking
Chilli Futures prices extended the bearish trend on profit booking during Tuesday’s trading session.
From the opening of the session, futures started trading down on cues from poor spot market activity.
Sluggish demand also kept prices under pressure and futures ended the day in red.
MCX Cardamom Slumps On Selling Pressure
Cardamom April prices continued the down trend during Tuesday’s trading session.
Futures started the day on a positive note, taking recovery on previous huge losses.
However, prices failed to sustain the gains and resumed the downtrend on profit booking and ended the day on a negative note.