Pepper May futures prices witnessed huge volatility during Thursday’s trading session. Futures started the day on positive note witnessing recovery on lower level buying. However, later on prices witnessed huge volatility and shaded most of the gains towards the closing and ended on flat note.
NCDEX Turmeric Weakens On Sluggish Spot Demand
Turmeric May futures prices extended down trend on cues from prevailing bearish fundamentals at spot front on Thursday. From opening of the session, futures started trading down and sluggish demand from stockiest added to the down side. Therefore, on cues from spot activity futures prices traded down giving negative closing.
NCDEX Jeera Weighs Down On Arrival Pressure
Jeera May futures prices continued the bearish trend for 2nd consecutive session during Thursday’s trading session. Prevailing bearish sentiments amid arrival pressure are keeping prices under pressure. Therefore, on cues from subdued spot activity, futures prices traded down and futures prices ended on negative note.