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Chana hits contract low, trend weak Chana futures were down after hitting a fresh contract low, in step with a weak spot market, as supplies came in from the new season crop, the most-active chana contract for April delivery on the National Commodity and Derivatives Exchange was 0.91 per cent down per 100 kg, after hitting a contract low of 3,366 rupees.
Trading tip:
Chilli, Jeera remain weak on sluggish demand Red chilli and jeera prices fell further by Rs 200 per quintal in the national capital today on sluggish demand from retailers and stockists amid adequate stocks. Weakening trend in futures market and hopes of higher output also put pressure
on select spice prices. Red chilli prices fell by Rs 200 to Rs 6,300-11,000 per quintal in view of rise in supply followed by the arrival of fresh crop in the domestic market.
EXPERT OPINION
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PRODUCT NAME
EXP DATE
OPEN
HIGH
LOW
CLOSE
LTP
CHG
PERCENTAGE CHANGE
CHANA PRODUCT CHILLI NAME Chana GUR Chilli JEERA Gur KAPAS Jeera PEPPER REFKapas SOYA Pepper SOY BEAN Ref Soya TURMERIC Oil Soy Bean WHEAT Turmeric Wheat New
7/19/2012 EXP DATE 7/19/2012 19-Apr-13 7/19/2012 20-Mar-13 7/19/2012 20-Mar-13 7/19/2012 20-Mar-13 7/19/2012 28-Feb-13 7/19/2012 20-Feb-13 7/19/2012 20-Feb-13 7/19/2012 20-Feb-13 7/19/2012 19-Apr-13 20-Feb-13
4556
-28 CHANGE -102 -23 -5.5 -212 -252.5 0.5 -8 -35 45 11.5 -1.55 -310 12 -12.3 -124 -15.5 36 68 17
-0.61 PERCENTAGE -1.99 CHANGE -0.67 -0.46 -3.01 -1.68 0.05 -0.76 -0.26 0.11 1.39 -0.2 -0.79 0.28 -1.67 -2.66 -0.47 2.89 1.08 1.11
OPEN 5060 3407 1188 7022 14955 1109 1044 13510 42300 815 780.5 39475 4309 736.1 4600 3334.5 1251 6284 1539
6830 14800 1109 1041 13480 42435 836 781.3 39000 4315 725.1 4540 3310 1282 6350 1548
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ANALYSIS
OPEN: 3325 HIGH: 3334 LOW: 3299 CLOSE: 3308
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ANALYSIS
OPEN: 3410 HIGH: 3412 LOW: 3364 CLOSE: 3385
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