Dhaanya Index down on lower agri commodities' prices

The Index which has 10 largely traded agri commodities as constituents has moved down by 51.33 point to 2,164.22 on day

Dhaanya Index of the National Commodity Derivatives Exchange (NCDEX), an indicator of agri futures price movement, declined 2.32% on Thursday due to consistent fall in agri commodity prices.

The Index which has 10 largely traded agri commodities as constituents has moved down by 51.33 point to 2,164.22 on the day.

While mustardseed recorded the fall of 4% to trade at Rs 3,099 a quintal, castor seed and chana remained near lower circuit recording a decline of 3.98% and 3.97% to Rs 3,236 a quintal and Rs 2,637 a quintal respectively.

Turmeric and coriander also lost over 3% to trade at Rs 5,390 a quintal and Rs 5,443 a quintal on Thursday.

In addition to the aforementioned, sugar M grade, refined soya oil, jeera cotton seed oilcake and chilli are constituents of Dhaanya Index.