According to Anil Patadia, Agri-Analyst, Commodity online, weaker rupee may have contributed to slowdown in demand for the commodity in domestic and international markets and hence fall in NCDEX prices.
On NCDEX, Coriander for November contract traded down 1.66% or Rs 84 dropped to Rs 4974 on 3rd November at 11:30 IST 
MUMBAI (Commodity Online): Chana futures declined Friday on profit booking by the traders though firm demand in the local markets during the festive seasons limited the downtrend.
At NCDEX chana November contract is trading at Rs.3437 per quintal, a decline of 1.09 per cent against the previous close.
In the early sessions the contract traded at a range of Rs.3373-3484 per quintal. Open interest of the contract is 127440 lots and volume traded is 126290 lots for the time being.
Raising MSP of Rabi crop supported market sentiments where an overall bullish sentiment was already prevailing. MSP of Gram was raised by 33% to Rs 2800/Q from Rs 2100/Q.
As per the latest release of the Rajasthan Agriculture department, 228200 hectares has been covered under Chana cultivation as on 18th October 2011. In Maharashtra area sown under Chana cultivation stands around 6100 hectares till 18th October 2011.
MUMBAI (Commodity Online): Jeera futures rose Friday on bargain buying by the traders on the back of firm demand in the local markets for the ongoing festive seasons.
At NCDEX jeera November contract is trading at Rs.14700 per quintal, higher by 1.52 per cent on 14:55 IST against the previous close.
In the early session the contract traded at a range of Rs.14419-14846 per quintal. Open interest of the contract is 16692 lots and volume traded is 4044 lots for the time being.
No new Fundamental reports were there as Unjha mandi remained closed for Festival this week, Jeera traded with high volatility.
Latest reports from Spice Board of India indicates the estimated exports of Spices for the period April-August 2011 have fallen by 23% from 255,100 MT in 2010 to 195,500 MT in 2011. Jeera exports fell by 39% from 15,700 MT to 9,500 MT during the same period.
According to Angel Commodities reports, low overseas demand and reports of consumers switching to other cheaper sources of gum for crude extraction due to high prices, the commodity is trading down.
With the new arrival in the market from the end of October, Guar Seed is expected to gain momentum.
At NCDEX, Guarseed November contract traded down 0.02% touching Rs 4380 in the after noon trade on 28th October.
On NCDEX, The jeera November contract traded up 1.53% or Rs 222 touching Rs 14701 on Friday in after noon hours.
MUMBAI(Commodity Online): Wheat futures fell Friday on profit booking by the speculators due to rising concerns on higher production in next season.
Spot market activities will continue to remain sluggish as the major physical markets will remain closed during this week due to Diwali festival.
At NCDEX wheat November contract is trading at Rs.1090 per quintal, lower by 1.73% against the previous close.
In the early session the contract traded at a range of Rs.1107-1076 per quintal. Open interest of the contract is 31840 lots and volume traded is 5650 lots for the time being.
Hike in the Minimum Support Prices (MSP) by around 15 per cent to Rs.1285 per quintal might have a positive impact over market sentiments supporting them to trade higher.
MUMBAI (Commodity Online): Pepper futures fell Friday on sluggish demand in the local markets. Slight improved production prospects from Kerala and Karnataka and arrival of the new crop also put pressure on pepper futures.
At NCDEX pepper November contract closed at Rs.34210 per quintal, a decline of 0.86 per cent against the previous close.
In the early sessions the contract traded at a range of Rs.34175-34700 per quintal. Open interest of the contract stood at 9691 lots and volume traded is 2576 lots.
Production of Pepper in India in 2010-11 is projected to be 48 thousand tonnes (according to the Spices Board) as compared to 50 thousand tonnes last year. However, there are expectations that this estimate would be lowered further on account of the disease attacks and erratic rainfall in the major growing areas particularly Kerala and Karnataka.
Latest reports from Spice Board of India indicates the likely Pepper exports for the period April-August 2011 have risen by 12% to 8.750 MT in 2011 from 7,800 MT in 2010 same period.
