Pepper May futures prices witnessed huge volatility following the down trend during Monday’s trading session.
Futures started the day on positive note extending previous recovery. However, later on, prices reversed the trend on heavy speculative activity and pulled down the prices.
NCDEX Turmeric Slumps On Weak Overseas Demand
Turmeric futures prices took decent corrections during Monday’s trading session. From opening of the session futures started trading up continuing the previous gains.
However, lack of demand from exporter’s side pulled down the prices. Thus, on cues from spot fundamentals, futures witnessed heavy corrections and ended the day on negative note.
NCDEX Jeera Declines On Profit Booking
Jeera May futures prices continued the corrections on profit booking during Monday’s trading session. Futures started the day on positive note on lower level buying.
However, later on, prices turned down on profit booking and futures ended on slightly negative note.
NCDEX Chili Sheds On Poor Spot Demand
Chili June futures prices witnessed huge fall in prices amid fresh selling on higher levels on Monday.
From opening of the session futures started trading down on back of lackluster demand prevailing at spot front and futures prices ended the day on negative note.