JAKARTA (Reuters) - Malaysian palm oil futures extended losses to a five-week low on Tuesday, weighed down by the government's decision to maintain export tax for July and on lacklustre demand.
Coriander prices were trading up by 2.43 per cent to Rs 4,298 per quintal in futures trade today as participants built up fresh positions amid rising demand at the spot market. Further, limited arrivals from major producing belts also fuelled the uptrend. At the National Commodity and Derivatives Exchange, coriander for this month delivery rose by Rs 102, or 2.43 per cent, to Rs 4,298 per quintal, with an open interest of 830 lots. On similar lines, the July contract was trading higher by Rs 91, or 2.13 per cent, to Rs 4,360 per quintal with an open interest of 35,770 lots. Market analysts attributed to the rise in coriander futures to the upsurge in demand in the physical market against low stocks position on fall in supplies from producing regions.
Sanghvi Forging & Engineering Ltd, Zuari Global Ltd, Premier Polyfilm Ltd and Sanghi Industries Ltd are among the other gainers in the BSE's 'B' group today, 12 June 2018.
With effect from 02 May 2018
K E C International Ltd, Vakrangee Ltd, Dr Reddys Laboratories Ltd and Glenmark Pharmaceuticals Ltd are among the other gainers in the BSE's 'A' group today, 12 June 2018.
Castor seed prices rose by 0.51 per cent to Rs 3,916 per quintal in futures market today as speculators raised their bets, taking positive cues from spot market on pick-up in demand. At the National Commodity and Derivatives Exchange, castor seed for delivery in July was trading higher by Rs 20, or 0.51 per cent to Rs 3,916 per quintal with an open interest of 1,05,650 lots. In a similar fashion, the delivery for June contracts gained Rs 19, or 0.49 per cent to Rs 3,870 per quintal in 3,670 lots. Market analysts said expanding of positions by participants due to pick-up in demand from consuming industries at the physical markets against restricted supplies from growing regions, mainly pushed up castor seed prices at futures trade.
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