Commodity Outlook for Natural Gas by KediaCommodity

Natural GasNatural gas ended down flirting with the key level of $4 a million British thermal

Developmental delays may result due to pesticides

Developmental delays may result due to pesticidesU. S. researchers say that exposure to the pesticide chlorpyrifos, which is banned for use in U. S. households, is associated with early childhood developmental delays.

The association between exposure to the pesticide and mental and physical impairments in children in low income areas of New York neighborhoods in the South Bronx and Northern Manhattan was examined by the researchers at Columbia University's Mailman School of Public Health.

Commodity Outlook for Jeera by KediaCommodity

JeeraJeera ended higher on improved seasonal demand and a decline in arrivals. Domestic demand is supporting prices. However, overseas demand is still weak. Spot rates in Unjha, a key spot market in Gujarat, ended at 11,944.50 rupees up by 6.50 rupees per 100 kg. April contract gained Rs 85 and settled at Rs 12130 a kg. The contract made intraday low of Rs 12051 a kg and high of Rs 12273 a kg. Support for jeera is at 12030 below that could see a test of 11929. Resistance is now seen at 12252 above that could see a resistance of 12373.

Trading Ideas:

Jeera trading range is 11929-12373.

Commodity Outlook for Turmeric by KediaCommodity

TurmericTurmeric wiped out early gains by midday on profit-booking after gaining more than 15 perce

Commodity Outlook for Chana by KediaCommodity

ChanaChana ended weak on mounting arrivals across the country, especially Madhya Pradesh, and expectations of higher output. Arrivals are increasing from Madhya Pradesh and also small quantity is coming from Rajasthan. Arrivals are gradually increasing. Delhi market received around 40-50 trucks. In Delhi spot market, price settled 2,157 rupees per 100 kg. Chana dropped Rs 14 and settled at Rs 2184 per quintal. The volume was noted at 55660 lots. Support for chana is at 2172 below that could see a test of 2161. Resistance is now seen at 2195 above that could see a resistance of 2207.

Trading Ideas:

Chana trading range is 2161-2207.

Commodity Outlook for Soyabean by KediaCommodity

SoybeanSoyabean edged higher defying weak global cues on market speculation Indian meal exports may gather momentum from loading delays in Brazil. U.S soybean and grain futures drifted in a narrow range on Monday as the dollar gained and traders showed caution ahead of U.S. plantings forecast due at the end of the month. Soyabean yesterday we have seen that market has moved 0.57%. Market has opened at 2013 & made a low of 1997.5 versus the day high of 2026. The total volume for the day was at 51320 lots and the open interest was at 135260.Support for soyabean is at 2001 below that could see a test of 1985. Resistance is now seen at 2030 above that could see a resistance of 2042.

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