Technically Jeera market is under fresh buying as market has witnessed gain in open interest by 24.4% to settled at 12435 while prices up 720 rupees.
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Turmeric NCDEX Resistance Level at 6444
Gold Silver Reports — Technically NCDEX Turmeric market is under fresh selling as market has witnessed gain in open interest by 4.34% to settled at 9025 while prices down -32 rupees.
JEERA INCREASES ON EXPORTERS BUYING
Gold Silver Reports — Bargain buying was seen in jeera market on the account of recovery in exports demand along with seasonal demand by processors companies. The sources stated that most of the exporters have witnessed strong buying at lower levels. However, as per market sources, the total jeera production in the current year are projected at 54000 tonnes against 42000 tonnes reported last year.
Ref Soya Oil Trading Zone at 645-672
Gold Silver Reports — Ref Soya Oil Trading Zone at 645-672 — Technically Ref soya oil market is under fresh selling as market has witnessed gain in open interest by 6.66% to settled at 58480 while prices down -3.45 rupees.
NCDEX Rules to Curb Benami Trading in Commo Futures
Gold Silver Reports — NCDEX Rules to Curb Benami Trading in Commo Futures — The National Commodity and Derivatives Exchange (NCDEX) issued a financial conduct framework which is expected to contribute directly in making the futures market transparent and less vulnerable to manipulation.
NCDEX Jeera Positive, Support at 14760 Levels
NCDEX Jeera Positive, Support at 14760 Levels
Jeera Lower Supply, Buy Every Dip Target at 13700- 13825 levels: Neal Bhai
Gold Silver Reports ~ Jeera NCDEX continue to fall down last week due to limited demand for the old season crop. Moreover, good weather in sowing states, sufficient carryover stocks with local traders and weak export demand at higher levels also weighs on price. Jeera Mar’16 contract fall 1.5 per cent to close at Rs. 13,395 per quintal.