Money Maker Research share Daily Agri Commodity Report, which is very useful for trader, it's include Live Chart, trading calls, Market update, Stock Commodity news, Live Market Update etc.
24 Aug 2017: Agri Commodity Report By Money Maker Research
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Castor :-
Castor futures are likely to trade within the range for the day. Purchasing activities are
likely to active by crushing units on steady to higher export demand mainly for Indian
castor meal on lower FOB prices, which may support prices to trade higher in castor
seed futures. However, favorable monsoon rainfall is expected in entire Gujarat,
which may limit the gains in castor seed futures, as it is good for sown crops.
Cardamom :-
Cardamom futures are expected to trade in positive note for the day. Prices may
trade down early on extended profit booking only to recover and trade higher on
fresh buying from lower levels. Expectations of lower than earlier expected crop on
the back of below normal monsoon rainfall in Idukki district and in other major
growing and lower carryover stocks from last season may support prices. Even though
supplies are slowly picking up at the spot auctions, they are lower as against the
expectations.
Jeera :-
Jeera futures are expected to trade in range bound levels for the day. Extended profit
booking for recent gains may result in downward trend for Jeera futures initially.
Further, expectations of higher acreage under Jeera during the upcoming sowing
season from October due to higher prices may weigh down the prices. However, fall
may be limited on supply side concerns due to lower stocks in the production centers.
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