Friday, February 6, 2015

What to do in Sugar, Guar?


Sugar declined today also, NCDEX March sugar futures traded down 0.25 percent to Rs 2670 is with weakness. NCDEX May futures price over the march of Chinese is down about 100 bucks. The sugar production has increased about 15 percent. Till January 31, about 135 million tonnes of sugar produced in the country, while last year production was 117 million tons.

Sugar NCDEX(March futures): Sell-2690, Stoploss-2735 and Targets-2630

Guar gum futures prices have slipped below 10,000. Today, about 2.5 percent guar gum sharp decline. The massive decline in exports of Guar. According to traders, this season has been reduced to 50 percent export guar gum.

Cardamom prices rose by 0.81 per cent on Friday at the Multi Commodity Exchange (MCX) on account of good buying support from both exporters and upcountry buyers and also on hopes of improved export demand.
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1 comments:

  1. UnknownFebruary 13, 2015

    You made some good points. I did a little research on Ncdex Tips and found that most people agree with your blog. Thanks.

    ReplyDelete

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