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CBOT Updates: Rice weakens on poor spot demand

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CHICAGO (Commodity Online): US rice futures end lower, extending their recent steep drop amid poor demand.


Weak demand, both domestically and for export, has weighed on the market for months, and spot futures have hit fresh 8-month lows this week.


CBOT March rice ends down 10c to $13.64 per hundredweight.


Courtesy: CME Group


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NCDEX GURMUZZAFFARNAGARSEP12 20 September 2012 contract was trading at Rs 0 . What's your view on it?
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