Guarseed settled flat on fears that the commodities market regulator might intervene to check volatility in prices
Exports of Guar gum from April to September 2011 stood at 2.86 lakh tn a rise of 68 %
Guarseed arrivals from Rajasthan were around 60,000 bags and Haryana around 10,000 bags.
In Jodhpur guarseed prices dropped -21.75 rupees to 7457.45 rupees per 100 kg.
Soyabean trading range is 2476-2616.
Soybean declined on fresh selling by the traders on lack of fresh fundamentals
Shower in Brazil were very scattered which was of no use to the soybean crop
Absence of moisture at these stages in South American countries might lead to lower yields
At the Indore spot market in top producer MP, soybean dropped -39 Rs to 2493Re 100 kgs.
Chana trading range is 3372-3462.
Chana rose on buying by local traders and millers to meet the festival season demand
Pulses have been sown on 13.85 million hectares as compared with 14 million hectares a year ago
Low rains in southern states have resulted in delayed chana sowing leading to delayed arrivals in spot markets
In Delhi spot market, chana jump up by 30.85 rupee to end at 3422.6 rupee per 100 kgs.
Turmeric trading range is 4588-5052.
Turmeric ended weak on profit-taking, triggered by higher carry-forward stocks
Traders are expecting a bigger crop in 2012 due to increased area under crop in the major cultivating regions
Good Monsoon reports in AP has reportedly keeping the sowing activities proper
In Nizamabad, a major spot market in AP, the price ended at 5224.5 rupees gained by 27.25 rupees.
Jeera trading range is 15982-17094.
Jeera fell on profit-taking as traders took advantage of the recent rally in prices
Production is likely to be higher than last year because of increased sown area
Jeera arrivals in the Unjha mandi were steady at 5,000 bags while demand decreased to 10,000 bags from 15,000 bags.
In Unjha, a key spot market in Gujarat, jeera gained 216.65 rupees to end at 16200 rupees per 100 kg.
Menthaoil trading range is 1307.4-1389.
Menthaoil spot is at 1492/-.Spot market is up by Rs.18/-.
Mentha oil prices gained on rising demand from pharmaceutical units in the spot market
Tight stocks position in the physical market due to low supplies also supported prices
On 4th January total stock of mentha oil at MCX-monitored warehouses at Chandausi was 38, 117 kg.
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