DAILY AGRI REPORT-21 APR

TURMERIC 
Turmeric ended down on profit-taking after witnessing buying support in the last two sessions due to export enquiries and fear of damage to the crop due to rains over growing areas of South India. The key May contract closed down 0.2 percent at 6,632 rupees per 100 kg. The  contract may open down in the next session. 

SOYABEAN 
Soy futures fell on profit-taking, tracking rival palm oil prices. Palm oil futures on the Bursa Malaysia Derivatives eased on Thursday for the first time in five days as investors banked profits. Rapeseed ended flat on profit-taking after opening higher. The May soybean contract  closed 0.6 percent down at 4,399 rupees per 100 kg, while May rapeseed contract closed flat at 3,480 rupees per 100 kg. 

CHANA 
Chana, or chickpea, futures fell on expectations of higher arrivals in the coming days. The May chana contract was down 0.7 percent at 3,144 rupees per 100 kg. 

JEERA 

Indian jeera, or cumin seed, futures rose on fresh buying as a drop in arrivals pushed up spot prices. Traders expect a short term correction before prices rise with a pick-up in export demand. The key May contract closed up 0.5 percent at 10,020 rupees per 100 kg. 

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