Saturday, September 25, 2010

Today's Commodity Updates

Commodity News for Today

The spot prices of chana at Delhi mandi increased by Rs 25 in todays trading with the total arrivals of around 30 motors reported today. The prices of Delhi mandi were at Rs 2300 per quintal while Maharashtra chapa quality chana were quoting at Rs 2350 per quintal, up Rs 25 from previous day.
Buying was seen in chana future prices as the prices of October Benchmark contract added Rs 4 per quintal, trading at Rs 2257 per quintal in todays trading.
The trading was sluggish during the week and prices decreased at most of the origins with the exception of Sri Lankan price. In , slight improvement in trading activity was indicated in the Commodity Exchange, particularly for November contract. A slight drop was also observed in Lampung and . In , local prices were relatively stable, white fob prices decreased by 1%.

BLACK PEPPER:

The trading was sluggish during the week and prices decreased at most of the origins with the exception of Sri Lankan price. In , slight improvement in trading activity was indicated in the Commodity Exchange, particularly for November contract. A slight drop was also observed in Lampung and . In , local prices were relatively stable, white fob prices decreased by 1%.

WHITE PEPPER:

In , white pepper price decreased, by 3% after experiencing an increase during the last week. In , prices were stable both in local as well as fob. In dollar terms, the local price increased by 1%. In , local price was stable, while fob prices increased by 4%. A slight increase was also reported in .

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