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Epic Research Commodity News of 25 April 2017

04-25-2017 09:59 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Epic Research

Turmeric futures traded higher on NCDEX on lower arrivals from the producing regions. Further, increasing demand at the spot market too fuelled the uptrend. The contract for May delivery was trading at Rs 6218.00, up by 0.03% or Rs 2.00 from its previous closing of Rs 6216.00. The open interest of the contract stood at 20390 lots. The contract for June delivery was trading at Rs 6324.00, up by 0.06% or Rs 4.00 from its previous closing of Rs 6320.00. The open interest of the contract stood at 3415 lots on NCDEX.

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Soybean futures traded marginally lower on NCDEX as participants trimmed their positions, despite higher prices in overseas market with weaker dollar and short-covering by investors driving the market higher. The contract for May delivery was trading at Rs 3044.00, down by 0.43% or Rs 13.00 from its previous closing of Rs 3057.00. The open interest of the contract stood at 121650 lots. The contract for June delivery was trading at Rs 3111.00, down by 0.54% or Rs 17.00 from its previous closing of Rs 3128.00. The open interest of the contract stood at 71460 lots on NCDEX.

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Epic Research Limited is a supreme level financial advisory services provider firm .We have designed services for different investors as per their needs like equity tips , ncdex tips, stock tips and many more to serve our clients. We offer regular services for investors with less capital and premium services for massive investors looking for higher returns on investments with bigger targets.

411 Milinda Manor, 2 RNT Road, Indore 452001

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