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Natural gas continued their fall pressured by ample supplies and forecasts for prolo

Mumbai, Oct 26 : A benchmark in

Jeera November contract dropped Rs 45 and settled at Rs 13111 a kg as support from domestic demand was

Turmeric yesterday we have seen that market has moved -1.46% on poor exports and higher outpu

Chana dropped Rs 11 and settled at Rs 2412 per quintal on higher output estimates, but increased government intervention and domestic demand limited the losses. According to government estimates, production of chana is likely to be 7.35 million tonnes as against 7.06 million tonnes last year. India has raised minimum support price (MSP) of chana by 19.3 percent to 2,100 rupees per 100 kg. In Delhi spot market, chana jump up by 2.2 rupee to end at 2393.7 rupee per 100 kgs. The volume was noted at 64820 lots. Support for chana is at 2399 below that could see a test of 2386. Resistance is now seen at 2431 above that could see a resistance of 2450.

Soyabean yesterday we have seen that market has moved 0.76% on fresh buying supported by strong demand.  Indian meal prices are at much lower level compared to other countries hence more export enquiries may come for India. At the Indore spot market in top producer MP, soybean gained 10 Rs to 2184Re 100 kgs. Market has opened at 2234 & made a low of 2234 versus the day high of 2263. The total volume for the day was at 100940 lots and the open interest was at 118560.Support for soyabean is at 2232 below that could see a test of 2219. Resistance is now seen at 2261 above that could see a resistance of 2277.

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