Groundnut down in Junagadh as supply rises.
India FY17 groundnut exports surge 34% buoyed by Vietnam buys.
India FY17 groundnut exports surge 34% buoyed by Vietnam buys.
NAFED procures 24,731 tonne of mustard seed in Haryana.
NAFED procures 24,731 tonne of mustard seed in Haryana.
Jaipur mustard over 2-year low as output seen up.
Jaipur mustard over 2-year low as output seen up.
CBOT soybean futures down as traders booked profits.
CBOT soybean futures down as traders booked profits.
NCDEX June soybean up 1% on bargain buying.
NCDEX June soybean up 1% on bargain buying.
Tur prices up in spot markets on higher demand.
Tur prices up in spot markets on higher demand.
Chana down in Delhi on weak demand, high arrivals.
Chana down in Delhi on weak demand, high arrivals.
NCDEX barley at over 1-year low on lacklustre demand.
NCDEX barley at over 1-year low on lacklustre demand.
Tur area may decline by 25-30 % to 4 million ha this year due to lower price.
Tur area may decline by 25-30 % to 4 million ha this year due to lower price.
Telangana govt procures 0.21 million tonne of tur so far.
Telangana govt procures 0.21 million tonne of tur so far.
Pulses import to fall by 20% in FY18 on better domestic output.
Pulses import to fall by 20% in FY18 on better domestic output.
Karnataka 3rd Adv estimate cotton output rise.
Karnataka Cotton output is seen rising 41% on year to 1.4 million bales (1bale=170kg) as higher returns in 2016-17 may encourage farmers to expand the area under the cotton crop.
Karnataka targets 2017-18 kharif sugarcane crop up 20%.
Karnataka aims to produce 40 million tonne of sugarcane in 2017-18 (Jul-Jun), up 20% from the previous season, led by an increase in acreage. Karnataka is one of the major producers of sugarcane.
Mills surrender 13,940 tonne of allocated raw sugar import quota.
Madhucon Sugar and Power Industries and Dalmia Bharat Sugar have surrendered their quota of 13,940 tonne raw sugar allocated to them by the Directorate General of Foreign Trade for import of raw sugar. Madhucon Sugar had applied for a quantity of 21,000 tonne raw sugar from the south zone, while Dalmia Bharat Sugar had applied for 100,000 tonne raw sugar–50,000 tonne each from the east zone and the south zone. The Directorate General of Foreign Trade, however, allocated a quota of 4,313 tonne raw sugar to Madhucon Sugar, and 5,750 tonne raw sugar to Dalmia Bharat Sugar from the east zone and 3,877 tonne from the south zone. The mills surrendered the quota as the quantity allocated to them was very small and thus import would be unviable.
Spot sugar rises as demand up at beginning of month.
Prices of sugar rose in Mumbai and Kolhapur, as demand for the sweetener improved with Stuckists replenishing their inventories at the start of the month. In Maharashtra, prices rose also due to bargain buying after a fall in the last week. In Mumbai and Kolhapur, sugar prices were up 7 rupees per 100 kg from previous close. On the NCDEX, the most active May contract of sugar traded down 0.3% from the previous close. The government had on Apr 5 allowed duty-free import of 500,000 tonne of raw sugar under the tariff rate quota. On the National Commodity and Derivatives Exchange, sugar futures traded in a narrow range. Most active May contract of sugar was down 0.2% from the previous close. In north India, soaring prices are unlikely to sustain due to record high output in Uttar Pradesh.
India coffee exports during Jan 1- May 3.
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.
Coriander rates fall in Ramganj on talks of imports.
Prices of coriander fell in Ramganj, in Rajasthan, on talks of cheap imports of the spice from Ukraine, Russia and Bulgaria. In Ramganj, the Badami variety of and Eagle variety coriander both down 100 rupees from previous close. Arrivals were unchanged at 8,000 bags (1 bag=40kg).
NCDEX coriander at 4% lower cap on talks of import.
The May and June contracts of coriander on the NCDEX hit their 4% lower circuit today on talk of cheap imports of the spice from Ukraine. The fall was also triggered by a 579-tn rise in inventories at exchange-accredited warehouses to 27,467 tonne on previous close. The most-active May contract on the exchange traded down 4% from the previous close.
Non-basmati price down.
Non-basmati variety Permal Raw was quoted down 75 rupees per 100 kg from previous close. And the steam variety of basmati rice of PUSA 1121 was unchanged.