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CBOT Updates: Rice tumbles on speculative selling

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CHICAGO (Commodity Online): US rice futures tumbled for the second straight day, succumbing to speculative selling.


The market is under pressure from lagging export demand, with chart based selling accelerating losses once futures dipped below recent lows, analysts say CBOT March rice ended down 26c at $13.74/hundredweight.


Courtesy: CME Group

MCX SUGARMKOL EX - KOLHAPUR 20 June 2012 contract was trading at Rs 2910 . What's your view on it?
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