India bans wheat cultivation along Bangladesh border districts.
India spot wheat prices flat despite hike in import duty.
India spot wheat prices flat despite hike in import duty.
Researchers find gene that may prevent wheat epidemic in India.
Researchers find gene that may prevent wheat epidemic in India.
NCDEX soybean, MCX CPO seen up on import duty hike
Soybean and soyoil futures on NCDEX and crude palm oil contracts on MCX may open higher as the government has hiked import duty on these commodities. The most-active November contract of CPO on MCX had ended 0.7% higher at 547.1 rupees per 10 kg. The December contract of soybean on NCDEX closed down 0.1% from previous close.
Mustard prices up in Jaipur on import duty hike.
Prices of mustard seed rose at Jaipur in Rajasthan after the government, raised the import duty on all edible oils to support the domestic oilseed industry. The government raised the import duty on refined mustard oil to 35% from 20%. A fall in arrivals coupled with improved demand from domestic oil millers and crushers, supported castor seed prices.
India Spices most gain; coriander down 1% as supply seen rising
Futures contracts of all spices, barring coriander, ended higher on domestic exchanges. Contrary to the trend in other spices, coriander prices settled over 1% lower, pressurised by a likely rise in supply in spot markets, as 840 tn of the spice has been marked for staggered delivery in the November contract.