Mumbai: Jeera futures on NCDEX fell nearly 3 per cent to Rs 10,191 per quintal as new crop arrived from Gujarat and Rajasthan.
“Stockist will seen offloading their old stock as they expect prices to fall further in the coming weeks,” said an analyst.
After hitting the all-time high of Rs 3,059 per quintal on Wednesday, turmeric lost 2.32 per cent at Rs 2,950 per quintal on profit booking. Chilli futures fell 2.33 per cent to Rs 3,860 per quintal as arrivals increased to 20,000 bags from 8,000 bags yesterday. Rise in monthly open market sale quota by the government, pushed up sugar for March delivery by 1.75 per cent to Rs 1,407 per quintal. Moreover, mills in Uttar Pradesh started crushing.
Soya gains
Soyabean for March delivery tracked the bullish international markets, gained 1.68 per cent to Rs 2,180 per quintal, while soyoil rose 1.03 per cent to Rs 616 per 20 kg.
• Quarterly results of corporates: Check out
Chana jumped 0.67 per cent to Rs 2,540 per quintal on cold weather concerns.
MCX recorded a turnover of Rs 6126 crore up to 5 pm, while it was Rs 2,822 crore in NCDEX on Friday.
“Stockist will seen offloading their old stock as they expect prices to fall further in the coming weeks,” said an analyst.
After hitting the all-time high of Rs 3,059 per quintal on Wednesday, turmeric lost 2.32 per cent at Rs 2,950 per quintal on profit booking. Chilli futures fell 2.33 per cent to Rs 3,860 per quintal as arrivals increased to 20,000 bags from 8,000 bags yesterday. Rise in monthly open market sale quota by the government, pushed up sugar for March delivery by 1.75 per cent to Rs 1,407 per quintal. Moreover, mills in Uttar Pradesh started crushing.
Soya gains
Soyabean for March delivery tracked the bullish international markets, gained 1.68 per cent to Rs 2,180 per quintal, while soyoil rose 1.03 per cent to Rs 616 per 20 kg.
• Quarterly results of corporates: Check out
Chana jumped 0.67 per cent to Rs 2,540 per quintal on cold weather concerns.
MCX recorded a turnover of Rs 6126 crore up to 5 pm, while it was Rs 2,822 crore in NCDEX on Friday.
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