Tuesday, 26 August 2014

India Agri Commodity Market News

Chana futures traded on a negative note on Monday on comfortable supplies on the back of record output this year and settled 1.14% lower. Improved kharif pulses sowing also kept prices under check.

Soybean futures traded on a negative note on Monday on higher than expected sowing, weak soy meal export demand and weak overseas markets and settled 1.58% lower.

Jeera Sept futures traded on negative note on Monday on sluggish demand from the overseas buyers and touched a new contract low of Rs. 10990. Record output and huge carryover stocks also pressurized prices and settled 1.03% lower.

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