Tag: dropped
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Jeera Gained On Low-Level Buying After Prices Dropped Due To Higher Production
[ad_1] Jeera prices rebounded with a significant gain of 4.02%, settling at 28350, driven by low-level buying after a recent drop attributed to higher production prospects in the key cultivating states of Gujarat and Rajasthan. Acreage for in the current rabi season reached a four-year high, showcasing a strong correlation between market prices and cultivation…
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Aluminium Dropped As LME Stocks Have Jumped By 25% Since Dec. 14.
[ad_1] prices experienced a decline of -0.65%, settling at 197.45, as LME aluminium stocks surged by 25% since December 14, signalling ample supplies of the metal. This increase in inventory suggests a well-supplied market, contributing to the downward pressure on prices. The economic landscape in China added to the bearish sentiment, with the country missing…
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Jeera gains on short covering after prices dropped due to higher production.
[ad_1] Jeera prices experienced a decline of -0.28% to settle at 26505, primarily driven by short covering. This drop was prompted by higher production expectations in key regions such as Gujarat and Rajasthan. The substantial increase in Jeera sowing in Gujarat, up by nearly 102% to 544,099.00 hectares, and a 13% rise in cumin area…
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Turmeric dropped as buying activities has been slower.
[ad_1] prices observed a decline of -1.08%, settling at 13056, primarily attributed to slower buying activities ahead of the anticipated release of stocks before the commencement of new crops in January 2024. The market also faced pressure due to favourable weather conditions improving crop conditions, but the downside is limited by potential yield losses resulting…
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Jeera gains on low level recovery after prices dropped due to higher production
[ad_1] Jeera prices witnessed a notable recovery, settling up by 5.99% at 33165, marking a rebound from a previous decline attributed to higher production prospects in Gujarat and Rajasthan. The surge in prices is indicative of low-level recovery, but the market faces challenges due to aggressive sowing in Gujarat and subdued exports, contributing to sustained…
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Zinc dropped due to a stronger dollar and uncertainty about US interest rate cuts.
[ad_1] Zinc faced a decline of -0.91%, settling at 228.45, influenced by a stronger dollar supported by uncertainty regarding the timeline and extent of U.S. interest rate cuts. The Federal Reserve’s meeting minutes downplayed the urgency of interest rate cuts, with officials expressing a belief in the likelihood of a soft landing for the economy. …
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Zinc Prices Dropped As China’s Official PMI Fell To 49 In December.
[ad_1] Zinc prices experienced a decline of -0.91%, settling at 228.45, influenced by China’s official PMI falling to 49 in December from the previous month, reinforcing expectations for additional stimulus measures from the government. In contrast, the Caixin/S&P Global manufacturing PMI rose to 50.8, surpassing market forecasts and indicating a slight recovery. The industrial outlook…
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Cotton Dropped On Profit Booking
[ad_1] Cotton prices, represented by Cottoncandy, experienced a marginal decline of -0.04%, settling at 56160, driven by profit booking following earlier gains. The Cotton Association of India (CAI) maintained its pressing estimate for the 2023-24 season at 294.10 lakh bales, contributing to market sentiment. Total supply till the end of November was estimated at 92.05…
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Up Weather Today Up In Grip Of Cold Wave Mercury In Kanpur Dropped By Three Degrees – Amar Ujala Hindi News Live
[ad_1] घने कोहरे की चादर। – फोटो : अमर उजाला विस्तार उत्तर प्रदेश में ठंड ने कंपकपी छुड़ा रखी है। कई जिलों में घना कोहरा छाया हुआ है। वाहन चलाने में चालकों को खासी परेशानियों का सामना करना पड़ रहा है। वहीं, वाराणसी में बुधवार की सुबह मौसम ने अचानक करवट बदली। वाराणसी के रामनगर,…
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Jeera Prices Dropped Due To Higher Production Prospects
[ad_1] Jeera (cumin) prices witnessed a significant decline of -5.99% to settle at 31695, attributed to optimistic production prospects in Gujarat and Rajasthan. The surge in Jeera sowing, particularly in Gujarat, marked a remarkable increase of 102%, reaching 544,099.00 hectares. Rajasthan also recorded a 13% rise in cumin cultivation, totalling 6.32 lakh hectares. Despite robust…