Pulses witnessed downside movement

Most pulses witnessed downside movement because of subdued demand from the dal millers. Chana however finished slightly higher because of gains in NCDEX futures. Fear of sale of cargoes of chana from NAFED is likely to […]

Maize local demand is very subdued

Cargo quality has become paramount in Bihar while trading the cargo, the premium/discount is as high as 70-100/- qtl for an average grade/superior grade cargo. The local demand is very subdued and buyers are very spot […]

Maize demand from Bangladesh continues to be the trigger

On Monday,  Bangladesh’s demand continues to be the trigger for market looking at better realisation than domestic markets. Quality concerns have started coming up and with rains every day situation is not going to get any better. […]

Soybean opened flat to firm taking cues from CBOT

Soybean opened flat to firm taking cues from CBOT, though soybean meal demand is weak due to ongoing shravan month. The soybean is trading at INR 37,280 against yesterday’s closed of INR 37,220. Arrivals of soybean again […]

Maize processors are just buying for spot demand

The current demand scenario for poultry and starch with on and off opening up of processing plants is not helping demand one bit. The processors are just buying for spot demand. The broiler placements according to […]

Maize poultry demand was subdued

The shravan month has begun from today and the poultry demand which was already subdued will be having even lower production for a month and a half from today. Market expects only 50% Broiler placement is […]