Agri Commodities Review: Pulses And Spices Slumps On Stockiest Selling

Sharp selling was seen in across all agri commodities on the back of limited demand at current levels. All the major counters such as spices and oilseeds complex settled with losses. The NCDEX Chana futures settled in red as prices were guided by heavy stock liquidation by NAFED in local mandies. The daily arrivals were reported at 15 motors today in Delhi.On the other side, selling was seen in oilseeds market as prices declined today due to bearish nodes from international market along with sowing trend of Soyabean crop so far in the current year. Weakness was also seen in Jeera market due to fragile export at elevated levels. The NCDEX March futures declined by 0.03% today. While limited trading was seen in refined oil as prices shrugged off by almost 0.20 percent today.