NCDEX Tips, Agri Commodity Updates-29 May 12

Pepper prices are expected to trade higher on reports of low stocks in the market and good spot demand. Jeera futures are projected to trade downward due to weakening in export demand. Turmeric futures are expected to trade lower due to weakening export demand and likely rise in output.

Cardamom prices are expected to gain due to strong export demand and also because of lower output concerns. The trend for chilli remains weak due to high stocksand sluggish export demand.Lack of cues from the spot market could also pressurize the prices. Coriander futures are seen lower due to expectation of high output and slack domestic demand.
 

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