Commodity Outlook for Natural Gas by Kedia Commodity

Commodity Outlook for Natural Gas by Kedia CommodityNatural-gas ended lower as traders sold contracts and booked profits after recent price advances, despite expectations for warmer weather and anticipation of a seasonal demand shift. At the same time, high levels of natural gas in storage are weighing on prices. Natural Gas yesterday we have seen that market has moved -0.45%.

Commodity Outlook for Jeera by KediaCommodity

Commodity Outlook for Jeera by KediaCommodity

Commodity Outlook for Turmeric by KediaCommodity

Commodity Outlook for Turmeric by KediaCommodityTurmeric 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.

Turmeric yesterday we have seen that market has moved -3.57%. Market has opened at 14240 & made a low of 13755 versus the day high of 14355. The total volume for the day was at 12160 lots and the open interest was at

Commodity Outlook for Chana by Kedia Commodity

Commodity<br />
Outlook for Chana by Kedia CommodityChana 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.

The volume was noted at 82620 lots. Support for chana is at 2181 below that could see a test of 2166. Resistance is now seen at 2208 above that could see a resistance of 2220.

Trading Ideas:

Chana trading range is 2166-2220.

Commodity Outlook for Soybean by Kedia Commodity

Commodity Outlook for Soybean by Kedia CommoditySoybean 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.

Commodity Outlook for Menthol Oil by KediaCommodity

Commodity Outlook for Menthol Oil by KediaCommodityMentha 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.

The contract made intraday low of Rs 683 a kg and high of Rs 694.9 a kg with the volume of 1694 and total open interest for the same contact was at 3796. Now support for the menthol is seen at 680 and below could see a test of

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