Investing.com - Financial Markets Worldwide

NCDEX Chilli Settles Higher On Short Covering: April 18, 2012

ByCommodityOnline
Published 04/18/2012, 04:51 AM
Updated 05/14/2017, 06:45 AM
IMOEX
-

Chilli June futures prices extended the positive trend on Tuesday after trading in a range-bound manner.

From opening of the session futures started trading up on fresh buying at lower levels. However, sluggish spot front activity limited huge gains and futures ended the day on slightly positive note.

MCX Cardamom Rises On Weak Arrivals

Cardamom May prices witnessed a huge recovery on lower-level buying during Tuesday’s trading session.

From the opening of the session futures started trading up. Fresh buying from stockiest and exporters amid declining arrivals at spot front further added to the upside and futures prices ended the day on higher note.

India Soy Complex Settles Higher On Firm Domestic Demand

Soybean prices ended positive on last days trading session at Rs. 3289 for May contract higher by 0.7%. However, negative movement was noticed on CBOT platform where May futures ended at 1425.75 levels down by 0.42%.

Soy oil prices ended higher in the last trading session. With increasing demand for edible oils across the globe, the soy oil prices witnessed a positive movement. May future soy oil prices ended at Rs. 764.5 down by 0.20 per cent while in CBOT May futures ruled steady at previous levels.

Mustard seed prices have recouped yesterday on good demand for the seed. May futures were higher by 0.3% to Rs.3957. We are expecting some kind of upward movement in commodity prices. Looking at the above scenario we believe one can take a strategy of buying at lower levels.

Latest comments

Loading next article…
Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.