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Indian-Commodity  :  Commodity-Market  :  Misc Other Commodities  :  Red chilli futures decline on profit booking

Red chilli futures decline on profit booking (10-Aug-2012)

Red Chilli futures continue to trade low on NCDEX as traders booked profit after recent gains. Further, unresponsive demand in the domestic as well as overseas market against sufficient supply resulted decrease in price.

The contract for August delivery was trading at Rs 5404.00, down by 1.99% or Rs 110.00 from its previous closing of Rs 5514.00. The open interest of the contract stood at 1005 lots.

The contract for September delivery was trading at Rs 5944.00, down by 1.10% or Rs 66.00 from its previous closing of Rs 6010.00. The open interest of the contract stood at 12390 lots on NCDEX.

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