Back Office Login

you are here: Commodity | News | End Session Commentary| Detailed News
As on: Mar 24, 2019 06:01 AM
Agri Commodities Review: Chana Outperforms, Selling Seen In Wheat Market
11-Jan-19   17:29 Hrs IST

Buoyancy continued in chana and mustard seed commodities after sharp selloff in previous trading sessions. However, weakness was seen in wheat and jeera counters due to supply pressure in local mandies. In today's trading, the NCDEX chana January futures added 0.31 percent as traders are expecting decline in sowing acreage in major producing states such as Karnataka and Rajasthan. Strong buying interest was also seen in mustard seed counter in today's trading as due to 3890 per quintal, up 0.91 percent from last close. On the other side, selling was seen in wheat market as prices declined today due to higher sowing trend along with weak demand by domestic millers.

Powered by Commodity Insights