Pepper May futures prices witnessed huge volatility during Thursday’s trading session. Futures started the day on lower note extending previous losses and continued to trade down amid bearish overseas reports on rising Vietnam pepper arrivals.
However, later on prices reversed the trend on and recovered from earlier losses giving slightly positive closing.
NCDEX Turmeric Gains On Rising Spot Demand
Turmeric May futures prices extended a positive trend on 4th consecutive day during Thursday’s trading session.
From opening of the session futures started trading up on back of emergence of stockiest demand.
However, huge arrivals weighed on spot prices but futures continued the positive trend and ended the day on positive note.
NCDEX Jeera Settles Higher On Firm Export Demand
Jeera May futures prices witnessed smart recovery during Thursday’s trading session. Futures started the day on lower note on continued corrections.
However, reports of emergence of export demand supported the prices to recover. Nevertheless, higher arrivals kept the gains limited and futures ended on slightly positive note.