Hike in MSP of chana and Rapeseed supported the futures market of these counters on Friday. But impositions of additional margins on Chana may create a selling pressure in the markets.
· Buying interest was better in turmeric like previous day and this helped in lifting the futures market further. However subdued demand amongst retailers failed to push Jeera futures upwards.
· Edible oils i.e. soya oil and CPO traded with a bearish undertone on Friday amid negative cues from the global markets. Soybean on the other hand showed a sideways trend amid routine trading activities in the spot markets.