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Business Daily from THE HINDU group of publications Friday, July 18, 2008 ePaper | Mobile/PDA Version |
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Update at 1415 hrs (IST)
Commodities Chilli futures down on profit-taking NEW DELHI: Chilli, after remaining higher at the outset, slipped into the negative zone with marginal losses in futures market on Friday due to profit-taking at higher levels by traders. At 12-30 hrs, most-active August contract for chilli was down by 0 .24 per cent to Rs 5,778 per quintal after rising to Rs 5,825 per quintal on the National Commodity and Derivatives Exchange. Far-month October contract lost 0.50 per cent to Rs 6,151 per quintal. It moved between Rs 6,200 and Rs 6,120 per quintal. Traders said losses were limited as prices continued to rise in spot markets. Chilli ruling at Rs 5,103.90 per quintal in the spot market at Guntur in Andhra Pradesh. - PTI
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