AGRI COMMODITY MARKET UPDATE -
* Mentha oil dropped as demand in the spot market is also low, due to low arrivals from the big centers of Uttar Pradesh.
* Cotton prices gained owing to a pickup in export demand from main importers China, Bangladesh and Vietnam.
* Chana prices gained due to reports of weather irregularities in some area where rain and heat have impacted yield significantly.
* Turmeric dropped due to continuous supply in the spot market as a result of increased mandi arrivals.
* Jeera dropped as adequate rainfall coupled with decent prices have brightened the prospects of jeera farmers in Gujarat.
* Dhaniya prices gained on reports of lower sowing acreage in some of the producing regions.
* Soyabean prices gained due to paucity of quality produce despite the higher mandi arrivals.
* Ref.Soyaoil prices gained on increased buying tracking firm trend in soybean prices.
* Crude palm oil ended with gains on short covering amid higher biodiesel demand in Malaysia and Indonesia and supply tightness buoyed prices.
* Mustard seed prices gained as support continues amid delay in harvesting of Kharif season crop along due to untimely rainfall in majority producing states.
* Castor prices dropped as demand is not improving in physical market amidst ample supplies.