Turmeric ended lower for a second straight day on profit-taking triggered by weakness in spot demand. Domestic demand has slowed down at higher prices. Stockists are not active at current prices. In Nizamabad, a major spot market in Andhra Pradesh, the price dropped 149 rupees to end at 14,656 rupees. 
Chana ended up on buying interest at lower levels supported by spot demand in chana dal. In the Delhi spot market, chana gained 20 rupees to end at 2,163 rupees per 100 kg. Estimates of higher output and ample stocks, however, limited the gains. Chana gained Rs 17 and settled at Rs 2196 per quintal. 
Soybean ended firm on some buying at the lower-level, although outlook remains weak with negligible demand and mounting stocks. At the Indore spot market in top producer Madhya Pradesh, soybean dropped up 3 rupees to 1,936 rupees. 
Mentha oil prices on subdued demand in spot markets amid fresh arrivals from the Chandausi market in Uttar Pradesh. Reduced offtake by pharmaceutical units also put pressure on the trading sentiment at futures market. May contract dropped Rs 8.9 and settled at Rs 684.4 a kg. 
Pepper ended weak on a sluggish spot market and lackluster overseas demand. Spot pepper dropped 100 rupees to end at 16,141 rupees per 100 kg in Kochi. Weakness in other spices is weighing on sentiment. June delivery dropped Rs 262 and settled at Rs 16446/quintal. The contract touched the intraday high of Rs 16774/quintal while low of Rs 16429/quintal. Ford Motor Company has unleashed its latest offering in the electric vehicle (EV) market: the 2024 Ford Mustang Mach-E, a battery-electric compact crossover SUV that is now available for online ord
News in Focus
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Mercedes-Benz AG, a luxury and commercial vehicle brand headquartered in Stuttgart, Germany, is all set to unveil its highly anticipated all-electric G-Class Wagon at the upcoming Beijing Motor Show on April 24, 2024.
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