Agri Commodities Review: Weakness Seen In Oilseeds And Pulses Pack

Sharp selling was seen in chana and oilseeds markets due to anticipation of strong kharif supplies along with fragile demand by millers at current levels.The market sources added that weakness in other pulses has eroded gains of chana market , while soyabean prices were hammered by weak physical demand. On the other side, selling also emerged in guraseed counter as traders have reported some profit taking. The sources have estimated 1.10-1.25 lakh bags of daily arrivals of guraseed. The daily arrivals are likely to remain strong in the coming days. The NCDEX September futures declined by 1.23% today.