High Export price,
weak Rupee and patchy Mansoon increase prices of essential commodities. Analyst
predict that price of essential commodities have gone up 10-15% increase this
week. We expected that price should be stable in this month and then increase
again from September.
The NCDEX Agro index shows
some hike today. Top gainers at NCDEX agro are-
Maize -
Feed/Industrial Grade – Aug LTP: 1462Rs Change: 4.1%,
Maize -
Feed/Industrial Grade – Oct LTP: 1461Rs Change: 4.1%,
Maize - Feed/Industrial Grade – Nov LTP: 1409Rs Change: 4.1%,
Turmeric
– Sep LTP: 5200Rs Change: 4%,
Turmeric – Aug LTP: 5088Rs change: 4%.
Top losers are:
Chilli –
Jul LTP: 5110Rs Change: -0.4%,
Chilli –
Sep LTP: 5376Rs Change: -0.4%,
Chilli –
Aug LTP: 5282Rs Change:-0.2%,
Chana –
Jul LTP: 4536Rs Change: -0.2%.
MCX
Bullions and MCX Base Metals Prices have gone up today. Gold declines Rs 55 per
10 grams in domestic market while Silver gain Rs500.
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