Chana bucks trend in pulses
MARKET ROUND-UP
| In the pulses segment, the prices of other commodities fell marginally in the range of 0.3 per cent to 2 per cent. |
| The spices category witnessed a mixed trend. Pepper firmed up a little to Rs 10,727 a quintal on Thursday against the previous close of Rs 10,713. Cumin seeds (jeera) prices also climbed to Rs 9,159 a quintal, rising by Rs 19. |
| The price of chilli contract for April delivery closed at Rs 4,086 a quintal, down 1.6 per cent. Turmeric continued its downward rally and the April contract was down by over 1 per cent at Rs 1,962 a quintal against the previous day's close of Rs 1,987. |
| The near-month contracts of maize and wheat were down by Rs 12 and Rs 7 a quintal, respectively. Maize closed the day at Rs 724, whereas wheat slipped to Rs 1,006 a quintal. |
| The prices of soybean and refined soyoil too went down. Soybean declined by Rs 10 (0.73 per cent) to Rs 1,360 a quintal, while soyoil weakened by Rs 2 per to Rs 462 per 10 kg. |
| Guargum and guarseed seemed to show some correction. With January 10 nearing, market expects the export demand to build up and hence the upward rally in prices. |
| January futures of guargum closed up at Rs 4,869 a quintal. Similarly, guarseed notched up by Rs 21 to close at Rs 1,959 a quintal. |