nmce trading report 02-01-2010

8/14/2019 NMCE Trading Report 02-01-2010

1/15

TURNOVER DATA

HIGHLIGHTS OF THE WEEK

Plantation crops at record highs

Commexes on a high, but some futures woes remainA New Year dampener for the coffee crop

Spot rubber rules firmCotton consumption by textile mills likely to rise 8.3%

Commodity stocks gave best returns in '09

Dec 28 to 02 , 2010WEEKLY COMMODITY REPORT

PREVIOUS WEEKCURRENT WEEKCOMMODITIES

Rs .Crores

Pepper future moved northwards, Rubber futures slipped

ALUMINIUM 5 TON FUTURES 390.51 506.15

CASTOR SEED 10 MT FUTURES 77.27 95.39

CHANA FUTURES 820.23 999.12

COFFEE REP BULK FUTURES 123.64 150.95COPPER FUTURES 399.53 447.27

COPRA FUTURES 167.87 167.69GOLD FUTURES 19.96 -

GOLD GUINEA FUTURES 116.57 209.97

GUARGUM FUTURES 180.23 -GUARSEED 10 MT FUTURES 1,302.04 1,562.52

ISABGULSEED FUTURES 597.03 740.83

KILOGOLD FUTURES 323.60 423.13LEAD FUTURES 441.71 505.94

MENTHOL CRYSTAL FUTURES 14.12 -

NICKEL FUTURES 468.16 353.85PEPPER FUTURES 117.58 125.95

RAPE/MUSTARD SEED FUTURES 1,382.94 2,020.82RAW JUTE FUTURES 154.90 124.45RUBBER FUTURES 378.64 440.18

SACK FUTURES 1,126.60 1,650.94

SILVER FUTURES 177.41 223.94SOYOIL 10 MT FUTURES 880.45 990.81

TURMERIC FUTURES 197.00 197.57

ZINC FUTURES 457.80 404.31

Total 10,315.79 12,341.78

In the week ended Jan, 02, 2010 , NMCE Recorded a turnover of Rs.10,315.79 Crs as compared to

Rs.12,341.78 Crs last week

1
http://economictimes.indiatimes.com/markets/commodities/Plantation-crops-at-record-highs/articleshow/5403976.cmshttp://economictimes.indiatimes.com/markets/commodities/Commexes-on-a-high-but-some-futures-woes-remain/articleshow/5403164.cmshttp://www.thehindubusinessline.com/2010/01/02/stories/2010010252380900.htmhttp://www.thehindubusinessline.com/2010/01/02/stories/2010010252410900.htmhttp://www.business-standard.com/india/news/cotton-consumption-by-textile-mills-likely-to-rise-83/381404/http://www.business-standard.com/india/news/commodity-stocks-gave-best-returns-in-/09/381405/http://www.business-standard.com/india/news/commodity-stocks-gave-best-returns-in-/09/381405/http://www.business-standard.com/india/news/cotton-consumption-by-textile-mills-likely-to-rise-83/381404/http://www.thehindubusinessline.com/2010/01/02/stories/2010010252410900.htmhttp://www.thehindubusinessline.com/2010/01/02/stories/2010010252380900.htmhttp://economictimes.indiatimes.com/markets/commodities/Commexes-on-a-high-but-some-futures-woes-remain/articleshow/5403164.cmshttp://economictimes.indiatimes.com/markets/commodities/Plantation-crops-at-record-highs/articleshow/5403976.cms


2/15

SERIES TREND DURING THIS WEEK

Castor seed futures : FEB Series

DATE OPEN HIGH LOW CLOSE SPOT

26-Dec-09 2,942.00 2,944.00 2,928.00 2,939.00 2,890.00

28-Dec-09 2,940.00 2,940.00 2,903.00 2,905.00 2,855.00

29-Dec-09 2,906.00 2,906.00 2,876.00 2,877.00 2,850.0030-Dec-09 2,873.00 2,891.00 2,857.00 2,885.00 2,825.00

31-Dec-09 2,884.00 2,889.00 2,873.00 2,875.50 2,800.00

01-Jan-10 2,874.00 2,878.00 2,867.00 2,871.40 2,795.00

02-Jan-10 2,876.00 2,901.00 2,876.00 2,896.00 2,815.00

Castor seed futures negative

Market Buzz:

Castor seed futures FEB series Closed at Rs.2896 down by Rs.43 from Rs.2939 the previous

week.During the outgoing week, intra-day trade touched a high of Rs.2940 and a low of Rs.2857 .Spot

Price Closed at Rs.2815 losing Rs.75 over Rs.2890 the previous week

NMCE castor seed futures were weak

Improved demand for mustard oil in the physical market pushed up mustard seed prices.

Acreage under rapeseed and mustard so far stood at 62.555 lakh hectares, as against 63.984 lakh

hectares during this period last year.

Arrivals were reported around 30,000 sacks in Rajasthan on the morning of 1 January 2010.Castor traded range-bound in Patan market. Arrivals were reported at 750 quintals.

Disa and Dhanera markets were closed due to full-moon day.

CASTOR SEED 10 MT FUTURES PRICE TREND

2,790.00

2,810.00

2,830.00

2,850.00

2,870.00

2,890.00

2,910.00

2,930.00

26-Dec-

09

27-Dec-

09

28-Dec-

09

29-Dec-

09

30-Dec-

09

31-Dec-

09

1-Jan-

10

2-Jan-

10

(Rs/100Kg)

CLOSE SPOT

2


3/15

Chana futures : JAN Series


26-Dec-09 2,475.00 2,512.00 2,475.00 2,512.00 2,470.0028-Dec-09 2,512.00 2,531.00 2,501.00 2,504.00 2,490.00

29-Dec-09 2,504.00 2,517.00 2,479.00 2,483.00 2,450.0030-Dec-09 2,483.00 2,491.00 2,468.00 2,482.00 2,440.00

31-Dec-09 2,482.00 2,487.00 2,466.00 2,469.00 2,438.0001-Jan-10 2,469.00 2,485.00 2,464.00 2,466.00 2,425.00

02-Jan-10 2,466.00 2,474.00 2,440.00 2,440.00 2,425.00

Chana futures closes in red

Market Buzz:

Chana futures JAN series Closed at Rs.2440 down by Rs.72 from Rs.2512 the previous week.During the

outgoing week, intra-day trade touched a high of Rs.2531 and a low of Rs.2440 .Spot Price Closed at

Rs.2425 losing Rs.45 over Rs.2470 the previous week

Chana futures slipped at NMCE

Chana futures traded weakly due to sluggish demand and hopes of higher supply after an

increase in area under cultivation adding to ample carry-forward stocks.

However, higher progressive acreage under chana and apprehension that government may

impose curbs to check rising food inflation may pressurize prices.

India's chana acreage as on Dec. 31 stood at 8.2 million hectares, compared with 7.87 million

hectares the same period a year ago.

In north-western Rajasthan state, the yield may go down this year due to falling soil moisturelevel.

Demand was reported to be moderate in the physical market.

Arrivals were reported at 45 to 50 trucks in Lawrence road mandi on the morning of 1 January

2010.

Out of these, 15 trucks were of Rajasthani desi variety and remaining were of MP desi variety of

chana

CHANA FUTURES PRICE TREND

2,420.00

2,445.00

2,470.00

2,495.00

26-

Dec-09

27-

Dec-09

28-

Dec-09

29-

Dec-09

30-

Dec-09

31-

Dec-09

1-Jan-

10

2-Jan-

10

(Rs/100Kg)

CLOSE SPOT

3


4/15

Coffee rep bulk futures : JAN Series


26-Dec-09 7,715.00 7,733.00 7,715.00 7,718.00 7,470.0028-Dec-09 7,718.00 7,750.00 7,670.00 7,688.00 7,425.00

29-Dec-09 7,688.00 7,701.00 7,670.00 7,678.00 7,415.00

30-Dec-09 7,690.00 7,713.00 7,687.00 7,698.00 7,425.00

31-Dec-09 7,698.00 7,769.00 7,698.00 7,708.00 7,430.00

01-Jan-10 7,708.00 7,723.00 7,700.00 7,703.00 7,435.00

02-Jan-10 7,703.00 7,722.00 7,703.00 7,710.00 7,425.00

Coffee rep bulk futures range bound

Market Buzz:

Coffee rep bulk futures JAN series Closed at Rs.7710 down by Rs.8 from Rs.7718 the previous

week.During the outgoing week, intra-day trade touched a high of Rs.7769 and a low of Rs.7670 .Spot


Coffee futures remained range bound at NMCE.

Vietnam's December coffee exports dropped by 4.6 percent from the same month last year to an

estimated 130,000 tonnes, or 2.2 million bags

The possible reason for lower exports this month could be that Vietnamese growers have been

holding back beans in hopes of higher prices, while exporters faced shortages of funds to buy

beans locally.

The data for November and December brought coffee exports from Vietnam, the world's second-

largest producer after Brazil, to 1.17 million tonnes, or 19.5 million bags, in the calendar year of

2009, up 10.2 percent from last year, the report said.

COFFEE REP BULK FUTURES PRICE TREND

7,300.00

7,375.00

7,450.00

7,525.00

7,600.00

7,675.00

7,750.00

26-Dec-

09

27-Dec-

09

28-Dec-

09

29-Dec-

09

30-Dec-

09

31-Dec-

09

1-Jan-

10

2-Jan-

10

(Rs/100Kg)

CLOSE SPOT

4


5/15

Copra futures : JAN Series


26-Dec-09 3,445.00 3,585.00 3,445.00 3,502.00 3,458.0028-Dec-09 3,435.00 3,544.20 3,435.00 3,490.00 3,425.00

29-Dec-09 3,425.00 3,559.00 3,425.00 3,481.00 3,425.00

30-Dec-09 3,412.00 3,550.60 3,412.00 3,470.00 3,417.00

31-Dec-09 3,400.00 3,539.10 3,400.60 3,451.00 3,383.0001-Jan-10 3,382.00 3,519.00 3,382.00 3,464.00 3,400.00

02-Jan-10 3,394.00 3,520.00 3,394.70 3,458.00 3,417.00

Copra future drops

Market Buzz:

Copra futures JAN series Closed at Rs.3458 down by Rs.44 from Rs.3502 the previous week.During the

outgoing week, intra-day trade touched a high of Rs.3559 and a low of Rs.3382 .Spot Price Closed at

Rs.3417 losing Rs.41 over Rs.3458 the previous week

Copra futures prices dropped at NMCE this week

The State Cooperative Department is preparing to foray into procurement of fresh coconut

through cooperative societies,

The National Agricultural Cooperative Marketing Federation (NAFED) had approved the

procurement of fresh coconuts by cooperatives.

The plan was to procure fresh coconuts via primary cooperative societies, hand them over to the

Marketfed, Kerafed and the Consumerfed, who in turn would process them into copra before

handing over to NAFED but agencies deputed to procure fresh coconuts had failed miserably,which was why the cooperative department had decided to step in.

COPRA FUTURES PRICE TREND

3,378.00

3,398.00

3,418.00

3,438.00

3,458.00

3,478.00

3,498.00

26-

Dec-09

27-

Dec-09

28-

Dec-09

29-

Dec-09

30-

Dec-09

31-

Dec-09

1-Jan-

10

2-Jan-

10

(Rs/100Kg)

CLOSE SPOT

5


6/15

Guarseed futures : JAN Series


26-Dec-09 2,614.00 2,644.00 2,614.00 2,641.00 2,600.0028-Dec-09 2,641.00 2,694.00 2,589.00 2,694.00 2,685.00

29-Dec-09 2,694.00 2,747.00 2,641.00 2,710.00 2,675.0030-Dec-09 2,710.00 2,764.00 2,657.00 2,724.00 2,670.00

31-Dec-09 2,724.00 2,756.00 2,671.00 2,756.00 2,700.0001-Jan-10 2,756.00 2,810.00 2,702.00 2,749.00 2,680.00

02-Jan-10 2,749.00 2,766.00 2,742.00 2,744.00 2,685.00

Guarseed future surges

Market Buzz:

Guarseed futures JAN series Closed at Rs.2744 up by Rs.103 from Rs.2641 the previous week.During

the outgoing week, intra-day trade touched a high of Rs.2810 and a low of Rs.2589 .Spot Price Closed at

Rs.2685 gaining Rs.85 over Rs.2600 the previous week

NMCE Guar seed futures prices climbed this week

India's guar futures traded in thin volume due to sluggish trade and poor domestic and overseas

demand.

Lower area and poor yields due to patchy rains are estimated to have cut guar seed output by

over 80 percent to 241,000 tonnes in top producer Rajasthan in 2009/10.

GUARSEED 10 MT FUTURES PRICE TREND

2,595.00

2,615.00

2,635.00

2,655.00

2,675.00

2,695.00

2,715.00

2,735.00

2,755.00

26-Dec-

09

27-Dec-

09

28-Dec-

09

29-Dec-

09

30-Dec-

09

31-Dec-

09

1-Jan-

10

2-Jan-

10

(Rs/100Kg)

CLOSE SPOT

6


7/15

Isabgulseed futures : FEB Series


26-Dec-09 6,735.00 6,763.00 6,721.00 6,721.00 6,600.0028-Dec-09 6,721.00 6,790.00 6,712.00 6,743.00 6,618.00

29-Dec-09 6,743.00 6,803.00 6,730.00 6,770.00 6,631.0030-Dec-09 6,770.00 6,797.00 6,760.00 6,786.00 6,675.00

31-Dec-09 6,786.00 6,818.00 6,726.00 6,739.00 6,644.00

01-Jan-10 6,739.00 6,763.00 6,735.00 6,748.00 6,656.00

02-Jan-10 6,748.00 6,809.00 6,743.00 6,743.00 6,650.00

Isabgulseed future picks up

Market Buzz:

Isabgulseed futures FEB series Closed at Rs.6743 up by Rs.22 from Rs.6721 the previous week.During



NMCE Isabgul futures moved northwards over the week

New arrivals are due after a period of 3 months

Gujarat has so far seen isabgul cultivation in 54,000 hectares

Isabgul acreage in other isabgul growing states is likely to increase due to firm prices, which

averaged around Rs. 1,000 per 20 kg

ISABGULSEED FUTURES PRICE TREND

6,595.00

6,625.00

6,655.00

6,685.00

6,715.00

6,745.00

6,775.00

26-

Dec-09

27-

Dec-09

28-

Dec-09

29-

Dec-09

30-

Dec-09

31-

Dec-09

1-Jan-

10

2-Jan-

10

(Rs/100Kg)

CLOSE SPOT

7


8/15

Pepper futures : JAN Series


26-Dec-09 13,800.00 13,850.00 13,770.00 13,838.00 14,004.0028-Dec-09 13,913.00 14,269.00 13,913.00 14,207.00 14,164.00

29-Dec-09 14,260.00 14,260.00 14,000.00 14,013.00 14,324.0030-Dec-09 14,020.00 14,085.00 13,900.00 14,026.00 14,233.00

31-Dec-09 14,000.00 14,190.00 14,000.00 14,112.00 14,280.00

01-Jan-10 14,080.00 14,150.00 14,000.00 14,100.00 14,258.00

02-Jan-10 14,105.00 14,225.00 14,105.00 14,181.00 14,291.00

Pepper future northwards

Market Buzz:

Pepper futures JAN series Closed at Rs.14181 up by Rs.343 from Rs.13838 the previous week.During

the outgoing week, intra-day trade touched a high of Rs.14269 and a low of Rs.13900 .Spot Price Closed

at Rs.14291 gaining Rs.287 over Rs.14004 the previous week

NMCE Pepper futures were bullish this week

Indian pepper futures were weak due to little or no export demand and expectations of arrivals is

hurting the sentiment.

Domestic prices are expected to ease further during this month when the new crop arrivals start,

Higher production forecast and commencement of fresh arrivals is likely to limit the gains in near

futures.

Farmers were reported to be holding back stocks as they were expecting higher prices in thefuture.

In the international market, demand has slowed due to New Year celebrations.

PEPPER FUTURES PRICE TREND

13,833.00

13,908.00

13,983.00

14,058.00

14,133.00

14,208.00

14,283.00

26-

Dec-09

27-

Dec-09

28-

Dec-09

29-

Dec-09

30-

Dec-09

31-

Dec-09

1-Jan-

10

2-Jan-

10

(Rs/100Kg)

CLOSE SPOT

8


9/15

Rape/mustard seed futures : JAN Series


26-Dec-09 498.00 507.90 488.10 502.20 496.0028-Dec-09 502.00 512.10 492.30 508.00 495.00

29-Dec-09 508.00 518.10 497.90 506.00 498.00

30-Dec-09 506.00 516.00 496.00 499.00 494.0031-Dec-09 499.00 508.90 489.10 503.00 495.00

01-Jan-10 503.00 513.00 493.00 510.00 498.00

02-Jan-10 510.00 520.10 499.90 516.00 495.00

Rape/mustard seed future climbs

Market Buzz:

Rape/mustard seed futures JAN series Closed at Rs.516 up by Rs.13.8 from Rs.502.2 the previous

week.During the outgoing week, intra-day trade touched a high of Rs.520.1 and a low of Rs.489.1 .Spot


Rape seed futures were in green this week

Improved demand for mustard oil in the physical market has pushed up mustard seed prices.

Acreage under rapeseed and mustard so far stood at 62.555 lakh hectares, as against 63.984 lakh

hectares during this period last year.

Arrivals were reported around 30,000 sacks in Rajasthan on the morning of 1 January 2010.

Arrivals in Disa were reported at 500 quintals.

In Dhanera, arrivals were down by 250 quintals at 550 quintals, while in Palanpur; arrivals were

down by 300 quintals at 700 quintals.

RAPE/MUSTARD SEED FUTURES PRICE TREND

489.00

494.00

499.00

504.00

509.00

514.00

519.00

524.00

529.00

26-Dec-

09

27-Dec-

09

28-Dec-

09

29-Dec-

09

30-Dec-

09

31-Dec-

09

1-Jan-

10

2-Jan-

10

(Rs/20Kg)

CLOSE SPOT

9


10/15

Raw jute futures : JAN Series


26-Dec-09 2,832.00 2,847.00 2,775.40 2,821.00 2,714.1028-Dec-09 2,821.00 2,853.00 2,770.00 2,770.00 2,681.40

29-Dec-09 2,770.00 2,792.00 2,755.00 2,792.00 2,722.90

30-Dec-09 2,792.00 2,835.00 2,780.00 2,835.00 2,750.00

31-Dec-09 2,835.00 2,891.60 2,778.40 2,846.00 2,741.00

01-Jan-10 2,846.00 2,869.00 2,833.00 2,833.00 2,748.60

02-Jan-10 2,833.00 2,859.00 2,824.00 2,824.00 2,750.00

Raw jute future gains

Market Buzz:

Raw jute futures JAN series Closed at Rs.2824 up by Rs.3 from Rs.2821 the previous week.During the

outgoing week, intra-day trade touched a high of Rs.2891.6 and a low of Rs.2755 .Spot Price Closed at

Rs.2750 gaining Rs.35.9 over Rs.2714.1 the previous week

Raw jute futures made gains during the week

In order to avert a crisis in packaging food grains amid the continuing strike in the jute industry

in West Bengal, the Centre has diluted the mandatory order for packaging food grains in jute bags,

issuing a notification which allows a relaxation of up to 3.8 lakh bales for the kharif marketing

season 2009-10 and rabi marketing season 2010-11.

The Indian Jute Mills Association, the apex industry association, has said that its ability to make

better payments was conditional upon workers bringing better productivity and the Centre paying

them higher prices as recommended by the Tariff Commission

RAW JUTE FUTURES PRICE TREND

2,676.40

2,696.40

2,716.40

2,736.40

2,756.40

2,776.40

2,796.40

2,816.40

2,836.40

26-

Dec-09

27-

Dec-09

28-

Dec-09

29-

Dec-09

30-

Dec-09

31-

Dec-09

1-Jan-

10

2-Jan-

10

(Rs/100Kg)

CLOSE SPOT

10


11/15

Rubber futures : JAN Series


26-Dec-09 14,395.00 14,535.00 14,355.00 14,505.00 14,047.0028-Dec-09 14,550.00 14,550.00 14,213.00 14,247.00 14,095.00

29-Dec-09 14,205.00 14,294.00 13,920.00 14,269.00 14,011.00

30-Dec-09 14,156.00 14,310.00 14,030.00 14,178.00 13,922.0031-Dec-09 14,215.00 14,275.00 14,163.00 14,250.00 13,926.00

01-Jan-10 14,250.00 14,350.00 14,184.00 14,303.00 13,969.00

02-Jan-10 14,350.00 14,425.00 14,340.00 14,402.00 14,010.00

Rubber future slips

Market Buzz:

Rubber futures JAN series Closed at Rs.14402 down by Rs.103 from Rs.14505 the previous week.During

the outgoing week, intra-day trade touched a high of Rs.14550 and a low of Rs.13920 .Spot Price Closed

at Rs.14010 losing Rs.37 over Rs.14047 the previous week

NMCE rubber futures prices slipped over the week

The spot price of natural rubber ruled steady in the Kottayam market.

It was ruling at Rs.137-141 per kg in the morning trade. The market was witnessing stable mood

due to dull trading because of the holiday mood.

Traders expect price to remain stable for another few days.

Deliverable rubber inventories in warehouses monitored by the Shanghai Futures Exchange rose

by 2 percent in the week ended on Thursday.

Deliverable rubber inventories rose to 144,548 tonnes from last week's 141,693 tonnes, andstocks on warrant rose to 107,970 tonnes from 105,390 tonnes last week.

International markets remained closed due to holiday season.

RUBBER FUTURES PRICE TREND

13,917.00

14,017.00

14,117.00

14,217.00

14,317.00

14,417.00

26-

Dec-09

27-

Dec-09

28-

Dec-09

29-

Dec-09

30-

Dec-09

31-

Dec-09

1-Jan-

10

2-Jan-

10

(Rs/100Kg)

CLOSE SPOT

11


12/15

Sack futures : JAN Series


26-Dec-09 3,044.00 3,104.80 2,983.20 3,032.00 2,972.6028-Dec-09 3,032.00 3,092.50 2,971.50 3,007.00 2,972.60

29-Dec-09 3,007.00 3,067.00 2,947.00 3,022.00 2,972.60

30-Dec-09 3,022.00 3,060.00 3,012.00 3,028.00 2,972.6031-Dec-09 3,028.00 3,065.00 2,990.00 3,012.00 2,972.60

01-Jan-10 3,012.00 3,050.00 2,980.00 3,023.00 2,972.60

02-Jan-10 3,023.00 3,083.40 2,962.60 3,011.00 2,972.60

Sack futures dull

Market Buzz:

Sack futures JAN series Closed at Rs.3011 down by Rs.21 from Rs.3032 the previous week.During the

outgoing week, intra-day trade touched a high of Rs.3092.5 and a low of Rs.2947 .Spot Price Closed at

Rs.2972.6 gaining Rs.0 over Rs.2972.6 the previous week

NMCE Sack futures were sluggish this week

Sack January 2010 series last traded around

With the jute workers going on a strike this week the prices are clueless about the directions

SACK FUTURES PRICE TREND

2,967.60

2,977.60

2,987.60

2,997.60

3,007.60

3,017.60

3,027.60

26-

Dec-09

27-

Dec-09

28-

Dec-09

29-

Dec-09

30-

Dec-09

31-

Dec-09

1-Jan-

10

2-Jan-

10

(Rs/100Bag)

CLOSE SPOT

12


13/15

Soyoil futures : JAN Series


26-Dec-09 481.00 483.25 481.00 483.25 481.0028-Dec-09 483.00 488.60 483.25 484.30 483.00

29-Dec-09 486.00 488.20 481.70 481.70 482.00

30-Dec-09 481.00 483.70 480.00 483.70 480.00

31-Dec-09 483.00 489.05 483.70 488.50 484.0001-Jan-10 488.00 489.30 487.80 488.10 484.00

02-Jan-10 489.00 494.05 489.10 493.55 486.00

Soyoil future climbs

Market Buzz:

Soyoil futures JAN series Closed at Rs.493.55 up by Rs.10.3 from Rs.483.25 the previous week.During

the outgoing week, intra-day trade touched a high of Rs.494.05 and a low of Rs.480 .Spot Price Closed at


NMCE soy oil futures moved upwards this week

Despite fall in price of soybean demand is not picking up especially from crushers because of

poor export enquiries for soy meal from South East Asian countries.

There is no good demand for soybean in the spot market despite lower arrivals.

SOYOIL 10 MT FUTURES PRICE TREND

475.00

480.00

485.00

490.00

495.00

500.00

26-Dec-

09

27-Dec-

09

28-Dec-

09

29-Dec-

09

30-Dec-

09

31-Dec-

09

1-Jan-10 2-Jan-10

(Rs/10Kg)

CLOSE SPOT

13


14/15

Turmeric futures : JAN Series


26-Dec-09 9,971.00 10,010.00 9,971.00 9,990.00 10,325.0028-Dec-09 9,990.00 10,132.00 9,990.00 10,039.00 10,350.00

29-Dec-09 10,039.00 10,122.00 10,039.00 10,122.00 10,500.0030-Dec-09 10,122.00 10,490.00 10,122.00 10,490.00 11,000.00

31-Dec-09 10,490.00 10,490.00 10,450.00 10,478.00 11,025.0001-Jan-10 10,478.00 10,493.00 10,451.00 10,451.00 11,000.00

02-Jan-10 10,470.00 10,547.00 10,470.00 10,547.00 11,000.00

Turmeric future zooms up

Market Buzz:

Turmeric futures JAN series Closed at Rs.10547 up by Rs.557 from Rs.9990 the previous week.During



NMCE Turmeric futures surged this week

India's turmeric futures traded steady on hopes of higher output and a drop in November exports

outweighed good spot demand and dwindling stocks.

Carry-forward stocks were low as output had fallen steeply last year due to low acreage and bad

weather.

Good spot demand amid lower stocks at the key trading centres is supporting turmeric futures.

TURMERIC FUTURES PRICE TREND

9,985.00

10,185.00

10,385.00

10,585.00

10,785.00

10,985.00

26-

Dec-09

27-

Dec-09

28-

Dec-09

29-

Dec-09

30-

Dec-09

31-

Dec-09

1-Jan-

10

2-Jan-

10

(Rs/100Kg)

CLOSE SPOT

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SATURDAY SUMMARY

Total Volume Traded 41046 Lots

Total Value Recorded 985.89 Crores.* PEPPER FUTURES upwards

* CASTOR SEED 10 MT FUTURES in green

* COFFEE REP BULK FUTURES up

* RUBBER FUTURES turn northwards* SACK FUTURES dips

* GUARSEED 10 MT FUTURES slips

* COPRA FUTURES turn southwards

* ISABGULSEED FUTURES slips

* RAPE/MUSTARD SEED FUTURES turn northwards

DISCLAIMER__________________________________________________________________________________________

For more details, contact:

Neha Bhandari.

+91 79 4008 6038

Or write to: [email protected] ; [email protected]

The information in this report has been provided by National Multi-Commodity Exchange of India Ltd for general reference

purposes only.Although Care has been taken to ensure the accuracy of the information /data in the report, there is no warranty

or representation expressed or implied by National Multi-Commodity Exchange of India Ltd as to the accuracy or completeness

of the materials herein. The Exchange shall not be liable for any claims or losses of any nature, arising directly or indirectly,

from the use of application of the data or material accessed from this report

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nmce trading report 02-01-2010

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