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Thursday, December 20, 2007

Spices: Chilli Extend Weakness On Continued Short Selling

NCDEX Chilli futures extend the last trading sessions loss on continued selling pressure. The benchmark February contract drifted lower to Rs3703 from the sessions high of Rs3754 per quintal. The counter is currently trading under pressure with loss of Rs35, at Rs3740 per quintal and the open interest for the contract decreased 0.24% to 2105 contracts, indicating short selling.
Posted by Indian-commodity at 11:03 AM

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