According to Geojit, The Cotton Association of India has raised its production estimate to 36.0 mln bales (1 bale = 170 kg) from 35.9 mln bales projected in the previous month, for the ongoing 2020-21 (Oct-Sep) season, the association said in a release.
According to Geojit, The government has provided financial aid of 2,000 rupees each to around 94.2 mln farmers so far as the third instalment under the Centre s flagship Pradhan Mantri Kisan Samman Nidhi Yojana, a government official said.
According to Geojit, Imports of black pepper into India are likely to have risen 40.9% on month to 2,310.3 tn in December as domestic traders stepped up purchases due to lower prices in Vietnam, trade sources.
Base Metals Weekly Report: Motilal Oswal
According to Motilal Oswal, Base metals after a brief run up at the start of the week, but later witnessed some profit taking as participants reduced their positions as indicated by the open interest following a rising dollar and some excess froth being built up in metals. Broker Research
Motilal Oswal s report on Base Metals Weekly
Base metals after a brief run up at the start of the week, but later witnessed some profit taking as participants reduced their positions as indicated by the open interest following a rising dollar and some excess froth being built up in metals. Copper started the week with a bang rallying to multi year highs towards $8200, as investors eyed more policy support in the United States amid chances that Democrats could take over control of the crucial Senate chamber. The Dow and the S&P 500 hit new record highs as Democratic control of the House, Senate and White House i
Agri Weekly Report: Motilal Oswal
According to Motilal Oswal, NCDEX Soyabean has been making higher peaks and higher troughs on daily charts which indicates strength in the prices of the commodity. Broker Research
Motilal Oswal s report on Agri Weekly
NCDEX Soyabean has been making higher peaks and higher troughs on daily charts which indicates strength in the prices of the commodity. Going ahead, Rs.4470 remains strong support and bias remains positive as long as it is trading above the support zone. Intermediate support is placed in the range of Rs.4550-4570 levels. On the higher side the commodity is likely to test Rs.4800 – 4950 levels. Also, RSI has been sustaining well above the mid-point of 50 level which indicates strength in the prices of the commodity.