Commodity Outlook for Jeera by KediaCommodity

JeeraJeera December contract gained Rs 566 and settled at Rs 14704 a kg due to dwindling supply.

Commodity Outlook for Turmeric by KediaCommodity

TurmericTurmeric yesterday we have seen that market has moved 4.01% on delay in arrival of the new c

Commodity Outlook for Chana by KediaCommodity

ChanaChana gained Rs 5 and settled at Rs 2433 per quintal on the back of good domestic demand, even though there are higher production estimates for pulses and higher sowing area expected for chana, Traders are of the view that the increased arrivals will keep a check on the rising prices. At Delhi mandi the total arrivals of chana were around 35 motors reported. In Delhi spot market, chana jump up by 31.3 rupee to end at 2425 rupee per 100 kgs. The volume was noted at 99090 lots. Support for chana is at 2420 below that could see a test of 2408. Resistance is now seen at 2453 above that could see a resistance of 2474.

Trading Ideas:

Commodity Outlook for Soyabean by KediaCommodity

SoyabeanSoyabean yesterday we have seen that market has moved 0.44% on good export demand for soymeal and a rise in the U.S. market. Demand for Indian soymeal is very good from Asian buyers. At the Indore spot market in top producer MP, soybean dropped -37 Rs to 2178Re 100 kgs. Market has opened at 2287 & made a low of 2226 versus the day high of 2302. The total volume for the day was at 146700 lots and the open interest was at 221630.Support for soyabean is at 2249 below that could see a test of 2199. Resistance is now seen at 2325 above that could see a resistance of 2351.

Trading Ideas:

Soyabean trading range is 2199-2351.

Commodity Outlook for Mentha Oil by KediaCommodity

Mentha OilMentha oil November contract gained Rs 1.3 and settled at Rs 1225.

Commodity Outlook for Pepper by KediaCommodity

PepperPepper December delivery gained Rs 852 and settled at Rs 22690/quintal on expect

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