Commodity Online
|
Day |
Auctioneer |
No. of lots |
Total Quantity Arrived (kgs) |
Qty Sold(Kgs) |
Max Price(Rs/Kg) |
Avg.Price (Rs/Kg) |
|
Monday |
STCL, Kumily |
132 |
18781 |
18781 |
968.00 |
749.26 |
|
Tuesday |
South Indian Green Cardamom Company Ltd, Kochi |
346 |
77613 |
77613 |
1034.00 |
837.09 |
|
Today |
The Cardamom Processing & Marketing Co-Operative Society Ltd, Kumily |
302 |
70865 |
70865 |
1070.00 |
824.23 |
--Uptrend visible in cardamom
--The markets are well supplied
--North Indian marriage season to continue till December-end; this would aid the prices
--January 2013 will see prices supported given that off-season demand would continue
--At least 75 tons in arrivals expected for tomorrow's auction
MCX FUTURES Rupees/KG
|
DECEMBER |
Open |
High |
Low |
Close |
|
|
895 |
913.10 |
889.50 |
908.90 |
MCX warehouse stocks: 92.3 MT as of Tuesday
Cardamom prices traded up on the MCX on fresh buying from traders at lower levels. It is likely to witness buying sentiments in next trading session as well. Major support and resistances are at 890 and 920.
Pepper
PEPPER SPOT: IPSTA: Rupees/KG
|
Variety |
Today |
Tuesday |
Monday |
|
Ungarbled |
372 |
382 |
382 |
|
Garbled |
387 |
397 |
397 |
KOCHI: IPSTA Tons
|
Day |
Arrivals |
Off-take |
|
Monday |
7 |
5 |
|
Tuesday |
5 |
4 |
|
Today |
4 |
3 |
--Idukki spot: Rs.360/Kg
--Trend stands declining
--5 tons arrived in Idukki
NCDEX FUTURES Rupees/100 KG
|
DECEMBER |
Open |
High |
Low |
Close |
|
|
39060 |
39110 |
37505 |
37730 |
NCDEX Dematted Stocks: 5531 tons as of Tuesday
NCDEX Quantity in Process: 29 tons as of Tuesday
Pepper made a sharp fall in today's session on a good volume. Open interest also increased which gave more bearish outlook for the commodity. Major support for near term is seen at 35800. Any recovery in prices will be a good selling opportunity in coming days.
