At Nagpur market , Soybean Plant ended lower at Rs. 3250-3300 per quintal, lower by 1.49 per cent as compared to previous day. Soybean Mandi closed at Rs. 3125-3200 per quintal, steady against previous close. Estimated market supply was at 35000 Bags, higher by 15000 Bags as against previous day. Soybean in Nagpur Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute Nagpur Soybean Plant 3250-3300 -50 Nagpur Soybean Mandi 3125-3200 0 nnbsp; Note: The above mentioned prices are in Rs. per quintal and arrivals are in Bags.
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Tuesday, 25 August 2015
Nagpur: Soybean Ended Lower in Physical Market
Rubber in Physical Market Finished Weak in Kerala
At Kottayam market in Kerala, Rubber RSS-4(In Rs.) closed weak at Rs. 11200 Quintals, down by 0.88 per cent as compared to previous day. Rubber RSS-4(IN USD) closed lower at Rs. 167.89 Quintals, down by 1.18 per cent as compared to previous day. Rubber RSS-4(In Rs.) at Cochin market ended lower at Rs. 11200 Quintals, down by 0.88 per cent as compared to previous day. Rubber RSS-4(IN USD) at Cochin market ended weak at Rs. 167.89 Quintals, down by 1.18 per cent from previous dayn#39;s price level. Rubber in Kerala Market (Prices in Rs. Quintals) Market Commodity/Variety Price Change Absolute Kottayam Rubber RSS-4(In Rs.) 11200 -100 Kottayam Rubber RSS-4(IN USD) 167.89 -2.01 Cochin Rubber RSS-4(In Rs.) 11200 -100 Cochin Rubber RSS-4(IN USD) 167.89 -2.01 nnbsp;
Ernakulum: Black Pepper Closed Firm in Physical Market
At Kochi market in Ernakulum, Black Pepper Ungarbled finished firm at Rs. 63700 per quintal, up by 0.31 per cent as against previous day. Total arrivals are at 7 tonnes, lower by 130 tonnes as compared to previous day. Black Pepper Garbled ended high at Rs. 66700 per quintal, up by 0.3 per cent as compared to previous day. unchanged as compared to previous dayn#39;s arrival. Black Pepper in Ernakulum Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute Kochi Black Pepper Ungarbled 63700 +200 Kochi Black Pepper Garbled 66700 +200 nnbsp; Note: The above mentioned prices are in Rs. per quintal and arrivals are in tonnes.
Maize(Corn) Physical Market in New Delhi Closed with Strong Sentiment
At New Delhi market , Maize(Corn) Hybrid (U.P.) finished strong at Rs. 1500-1525 per quintal, higher by 5.17 per cent as compared to previous day. Estimated market supply was at 400 quintals, lower by 100 quintals from previous dayn#39;s arrivals. Bajra Desi finished firm at Rs. 1280 per quintal, up by 1.59 per cent from previous price level. Estimated market supply was at 500 quintals, up by 100 quintals as against previous day. Barley Desi at New Delhi market finished at Rs. 1250 per quintal, unchanged as compared to previous close. Arrivals were reported at 400 quintals, unchanged as compared to previous dayn#39;s arrival. Jowar Cattle feed at New Delhi market ended at Rs. 1300 per quintal, unchanged as compared to previous close. Jowar Price seed at New Delhi market finished at Rs. 2000 per quintal, steady against previous close. Total arrivals are at 400 quintals, steady as against previous dayn#39;s arrival. nnbsp; Maize(Corn) in New Delhi Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute New Delhi Maize(Corn) Hybrid (U.P.) 1500-1525 +75 New Delhi Bajra Desi 1280 +20 New Delhi Barley Desi 1250 0 New Delhi Jowar Cattle feed 1300 0 New Delhi Jowar Price seed 2000 0 nnbsp;
Wheat in Physical Market Closed Unchanged in Madhya Pradesh
At Bina market in Madhya Pradesh, Wheat (Sarbati 306) ended at 2100 per quintal, unchanged as compared to previous close. Total arrivals are at 600 quintals, up by 150 quintals from previous trading day. Wheat Loose at Harpalpur market finished high at 1400-1425 per quintal, higher by 1.79 per cent as compared to previous day. Traders reported arrivals at 150 quintals, lower by 50 quintals from previous dayn#39;s arrivals. Wheat Loose at Dabra market ended at 1250-1500 per quintal, unchanged as compared to previous close. Trade sources reported arrivals at 400 quintals, higher by 100 quintals as compared to previous day. Wheat Loose at Morena market finished at 1400-1425 per quintal, unchanged as compared to previous close. Todayn#39;s arrivals are at 800 quintals, up by 200 quintals from previous trading day. Wheat Loose at Harda market closed at 1425 per quintal, steady as against previous close. Trade sources reported arrivals at 500 quintals, up by 200 quintals from previous trading day. nnbsp; Wheat in Madhya Pradesh Market (Prices in per quintal) Market Commodity/Variety Price Change Absolute Bina Wheat (Sarbati 306) 2100 0 Harpalpur Wheat Loose 1400-1425 +25 Dabra Wheat Loose 1250-1500 0 Morena Wheat Loose 1400-1425 0 Harda Wheat Loose 1425 0 nnbsp;
Thursday, 20 August 2015
Monday, 17 August 2015
Gammon India slips after Q1 net loss widens on lower sales
Gammon India Ltd., a Mumbai-based civil engineering construction company, slipped Monday after fiscal first quarter widened on lower sales and higher finance costs.
Net loss widened to Rs 1.87 billion in the three months ended Jun 30 compared to loss of Rs 1.20 billion in the corresponding period a year earlier, Gammon India said in a statement to the stock exchanges on Friday after market hours.
The company net sales slipped 19.3% to Rs 7.44 billion in the Apr-Jun period while finance costs jumped 17% to Rs 1.72 billion in the first quarter.
Gammon India had a forex fluctuation gain of Rs 50.3 million in the quarter.
Meanwhile, the company's board has approved a restructuring proposal for segregation of business.
The said restructuring would be achieved by a scheme of arrangement for transfer of civil EPC undertaking and T&D undertaking of Gammon India to its wholly owned subsidiaries, Gammon Retail Infra and Transrail Lighting.
At 11:10AM, Gammon India slipped 2.45% to Rs 17.90 on the Mumbai stock exchange.
Edible Oil: Soybean jumps to 2-wk high on supply worries, improved demand
Edible Oil: Soybean jumps to 2-wk high on supply worries, improved demand
: Soybean jumped to two-week high in morning trades Monday on supply worries of the crop in domestic market and on improvement in festive demand, said analysts.
"Soybean prices were supported by lower supply of the crop in domestic market and on improved festive demand from oil cursher," said Ajay Kumar Kedia an analyst with Kedia Commodities.
Soybean production in Madhya Pradesh, the biggest crop growing state, will be down by 15-20% this year due to water logging and insufficient sunlight, Soybean Processors Association of India (SOPA) said in press release after conducting a ground survey in mid Western Part of Madhya Pradesh, and parts of Vidarbha and Marathwada in Maharashtra.
Due to low rains immediately after sowing and then heavy rains which caused water logging soybean crop in around 360,000 hectares has been destroyed completely.
"The vegetative growth of plants and formation of pods has been affected adversely due to water logging and insufficient sunlight," said Davish Jain a Chairman of SOPA.
Total area sown in Maharashtra as per SOPA stood at 3.47 million hectare compared to 3.79 million hectare a year ago.
Prices of the bean were also up as demand in the spot market was as trading activity picked up after heavy rains, said analysts.
With good progress of monsoon across the nation and festive season around the corner we expect the demand for bean from oil crusher to remain strong.
During the coming days festivals like Raksha Bandhan, Ganesh Chaturthi and Janmaashtami increases the consumption of fried items.
At 11:35AM soybean for October delivery jumped 1.38% to Rs 3,156 per 100 kilograms on the National Commodity and Derivative Exchange (NCDEX), its highest since July 31.
Crude palm oil slumped to five-year low in morning trades on oversupply woes from Malaysia, the second biggest palm oil producer, said analysts.
Malaysia's crude palm oil output rose in July and end-July stockpiles climbed, a data released by the Malaysian Palm Oil Board showed.
Palm oil output jumped 2.84% to 1.81 million tons as on July end compared to 1.76 million tons a month earlier.
Palm oil stockpiles also rose 5.11% to 2.26 million tons as on July end compared to 2.15 million tons a month ago, data showed.
Malaysia's palm-oil exports slipped 5.32% to 1.60 million tons in July from the previous month.
Prices of the palm oil were also down on higher supply in domestic market following robust imports data, said analysts.
Crude palm oil imports climbed to 765,865 tons in July, its highest in two-month, compared to 527,648 tons in the same period a month ago, data release from the Solvent Extractors Association (SEA) of India showed
Prices of the oil were also under pressure after Kuala Lumpur Kepong, the biggest palm oil producer in Malaysia, raised crude palm oil July output to 69,798 tons.
Meanwhile, government trimmed crude palm oil tariff to $593 per tons, government data showed.
CPO for August delivery dropped 0.46% to Rs 390.30 per 10 kilograms on the MCX.
Soyoil prices jumped to four-week high in morning trades Monday after the Indian rupee weakened against the dollar, which dents prospects of higher imports, said analysts.
At 11:35AM dollar/rupee traded at Rs 65.22/$1 compared to previous close of Rs 65/$1.
Meanwhile, government trimmed soyoil tariff to $700 per tons, government data showed.
Soyoil for October delivery jumped 0.34% to Rs 566.65 per 10 kilograms on the NCDEX.
RM seed climbed to two-week high in morning trades Monday on supply concerns, said analysts.
RM seed prices were traded higher in supply worries and on improved China demand, said analysts.
According to latest USDA report, global rapeseed production is forecast to decline 3.5 million tons in 2015/16 as a slight decrease in area reduces total output to 68.1 million tons.
In Europe, Oil World has estimated the production of 22 million tons as compared to 24.1 million tons in 2014/15.
In domestic market prices of mustard seeds were also supported by lower supply after arrivals were low at 500,000 bags compared to 600,000 bags earlier.
Prices of rape seed were also supported after all India arrivals in RM seed declined and were reported steady at 70,000 bags compared to Wednesday's level. In Rajasthan too the arrivals fell to 37,000 bags compared to previous day's level.
RM seed for September delivery climbed 0.65% to Rs 4,191 per 100 kilograms on NCDEX.
Friday, 14 August 2015
rm seed up dates
Mustard Physical Market in Lawrence Road Opened with Strong Sentiment
At Lawrence Road market in New Delhi, Mustard Condition started strong at Rs. 4400-4425 per quintal, up by 1.37 per cent from previous dayn#39;s price level. Mustard in New Delhi Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute Lawrence Road Mustard Condition 4400-4425 +60 nnbsp; Note: The above mentioned prices are in Rs. per quintal and arrivals are in Bags.
1 buy rm seed@@4177 sl 4100 target 4240/4320/4370 14/08/2015 11:54:00
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