Soyabean futures on NCDEX on fire, rule 40% higher than CBOT
April 14, 2021
Oilseed crushers say movement ‘unnatural’, demand SEBI action An “unusual” movement in soyabean futures on the National Commodities and Derivatives Exchange (NCDEX) has led to a hue and cry being raised with oilseed crushers complaining to the Centre.
The current movement has resulted in Indian futures prices ruling at least 40 per cent higher than Chicago Board of Trade (CBOT) soyabean futures.
On Tuesday, soyabean for delivery this month ended at ₹6,910 a quintal, while May and June futures closed at ₹6,727 and ₹ 6,570, respectively. NCDEX spot soyabean (Indore delivery) was quoted at 7,070 a quintal.
Organic Bakery Products Market Grows With Increasing Consumer Health Consciousness einnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from einnews.com Daily Mail and Mail on Sunday newspapers.
forecasts
Gold Consolidates After Five Days Of Solid GainsGold and silver both traded fractionally lower today after scoring dynamic price advances over the last two weeks.
10 hours ago (Apr 07, 2021 11:12 PM GMT)
Today’s nominal declines resulted from a combination of minor dollar strength, an uptick in yields on the 10-year U.S. Treasury notes, and market participants bidding both precious metals lower.
As of 5:15 PM EST, gold futures basis, the most active June 2021 Comex contract gave up $4.50 (-0.26%) and is currently fixed at $1738.50. Silver futures basis, the most active May 2021 Comex contract declined by $0.027 (-0.11%) and is presently fixed at $25.20.
Beware the Coalition s boom in pre-election deceptions theuknews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theuknews.com Daily Mail and Mail on Sunday newspapers.
Share this article
Share this article
NEW YORK, April 6, 2021 /PRNewswire/ North America is the most urbanized region in the world, with almost 82% of its population living in cities. With more people pouring into urban areas, investments in commercial, residential, and industrial infrastructure are rising. As a result, the North American shower glass door market revenue is predicted to rise from $3,493.4 million in 2020 to $7,151.7 Million by 2030, at a 7.6% CAGR between 2021 and 2030, according to P&S Intelligence.
This is because shower glass doors are considered a luxury, and with people s rising disposable income, they are able to afford such fixtures. According to Trading Economics, the disposable income in the U.S. grew from $16,451.2 in 2019 to $16,565.4 in 2020. The investments are eventually boosting the real estate industry, in turn, the North American shower glass door market expansion, as such fixtures increase the resale value of properties.