Wheat up on flour mills buying.
Ram Gopal Yadav (9 years ago)

New Delhi Barring rise in wheat prices, other commodities moved in a tight range in the absence of worthwhile activities, settling at their previous levels. Arrivals and offtake too remained at a low ebb and volume of business restricted. Wheat dara also showed some strength on increased offtake by flour mills. Rise in wheat dara prices was mostly supported by increased offtake by rolling flour mills to meet increased demand. In the national capital, wheat dara (for mills) on the back of increased offtake by flour mills wheat dara prices rose by another Rs 20 per quintal.

India Wheat flat as govt ups output estimate.
Ram Gopal Yadav (9 years ago)

Wheat futures on the National Commodity and Derivatives Exchange ended largely unchanged as higher supplies in physical markets were offset by demand from flour millers ahead of Ramzan. The most-active June contract on the NCDEX ended up 0.06% from the previous close. The overall sentiment was bearish as the government raised this year wheat production estimate to a record prominent level. In benchmark Indore market, mill quality wheat traded steady. In the Delhi market wheat prices were a tad up 5 rupees from previous close.

Coriander prices up in Rajasthan as output seen low.
Ram Gopal Yadav (9 years ago)

Prices of coriander rose in the spot markets of Rajasthan due to expectations of low output this year. India coriander output in 2016-17 (Oct-Sep) is seen at around 9 million bags (1bag=40kg), compared with 10 million bags last year. In the benchmark market of Kota, the Badami variety and the Eagle variety both up 100 rupees from previous close. Arrivals in Kota and Ramganj were pegged at 4,800 bags (1bag=40kg) up 1,300 bags.

India total coffee exports during Jan 1- May 8.
Ram Gopal Yadav (9 years ago)

The Coffee Board of India has finalised its crop estimate for 2015-16 at a record-high of 348,000 tonne, up from 327,000 tonne produced a year ago, but down from previous estimate of 350,000 tn. The board has estimated the output for 2016-17 at 316,700 MT tonne, down 9% on year.

Bangladesh to import 600,000 tonnes of rice.
Ram Gopal Yadav (9 years ago)

The state buyer issued a tender to import 50,000 tonnes of parboiled rice. Its first such tender in many years, after flash floods hit fields about to be harvested, potentially wiping out 700,000 tonnes of crops. the state agency also planned to import rice through government-to-government deals with producers such as Thailand, Vietnam and India as importing via tenders is a lengthy process. The world’s fourth-biggest producer of rice with more than 30 million tonnes of rice, Bangladesh consumes almost all its production to feed its population. It often requires imports to cope with shortages caused by natural disasters such as floods and droughts. State rice reserves in government warehouses have fallen to around 350,000 tonnes, the lowest in six years.