Buoyant In Spices – Ways2Capital
Yesterday in spices in Cumin and Turmeric vigorous impetus. On NCDEX Cumin Price is 4 percent up. Turmeric also rose 4 percent. Acctually this year Cumin production is down by 35 precent. While new crop is also of very poor quality. Also there is expectation of decrease in Turmeric production.
After 2 month upper movement in crude oil now it has came in pressure. In Internatinal market it is slightly down. Its impact is seen on the domestic market also. While on Nymex crude oil is still 52 dollars up. And Brent is approx 61 dollar up.
In agri Commodities on Ncdex Gram April Future was 1.5 percent strong to Rs 3680. And Crude Palm Oil February Future with 0.65 percent increase to Rs 465.
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