Commodity Outlook for Wheat by KediaCommodity

WheatWheat yesterday traded with the positive node and settled 0.12% up at 1312.

Commodity Outlook for Crude palm oil by KediaCommodity

Crude Palm OilCrude Palm oil yesterday traded with the negative node and settled -0.15% down at 520.7 on continuous profit booking by investors, driven by subdued demand in the spot market. Besides profit-taking by speculators, fall in spot demand mainly led to fall in crude palm oil prices at market. In yesterday's trading session Crude Palm oil has touched the low of 519.5 after opening at 521.3, and finally settled at
520.7. For today's session market is looking to take support at 519.1, a break below could see a test of 517.6 and where as resistance is now likely to be seen at 522.6, a move above could see prices testing 524.6.

Trading Ideas:

Commodity Outlook for Ref Soya oil by KediaCommodity

Ref Soya OilRef Soyaoil yesterday traded with the positive node and settled 0.51% up at

Commodity Outlook for Natural Gas by KediaCommodity

Natural gasNatural Gas yesterday we have seen that market has moved -0.48% as forecasts for a

Commodity Outlook for Jeera by KediaCommodity

JeeraJeera January contract dropped Rs 74 and settled at Rs 13989 a kg due to pick-up in sowing and weak

Commodity Outlook for Turmeric by KediaCommodity

TurmericTurmeric yesterday we have seen that market has moved -0.7% on profit on weekend amid expectations of higher output after prices rose in some days helped by dwindling stocks and limited supplies. Turmeric output in Andhra Pradesh, the country's top producer, is seen 40 percent up in 2010/11 on expanded area as higher prices lured farmers to cultivate the spice and as monsoon was favourable. The fresh crop is expected to hit the market by mid-January. In Nizamabad, a major spot market in AP, the price ended at 16685 rupees dropped by -141.2 rupees. Market has opened at 10038 & made a low of

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