कुल पेज दृश्य

21 जनवरी 2015

Correction In Castor Seed Market Likely , Export Quote For Oil Stays Steady At $1440 Per Tonne



·Seed market continues to slip southward on bearish fundamentals and sellers activeness in futures despite reports of crop loss in major growing regions of Gujarat. As market has decreased considerably in last three-four days, correction at this level is expected. Demand for seed from planters is expected at this level and it may support market in the near termOil quote at Kandla port stayed steady at $1440 per tonne. Some fresh deals for unspecified quantity at $1430 has been reported this week.Major buyers are waiting for stabilization in the market.

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