NCDEX coriander hits 6-week low on muted demand.
Ram Gopal Yadav (9 years ago)

Futures contracts of coriander extended previous close losses and hit a six-week low on the NCDEX because of muted demand from domestic consumers. The fall in prices was also triggered by a 765-tn rise in inventories at exchange-designated warehouses to 22,167 tonne on previous close. The most-active May contract on the NCDEX was down 4 rupees from the previous close. In Kota, market in Rajasthan, the Badami variety and the Eagle variety of coriander both down 100 rupees from previous close. Arrivals in Kota were pegged at 3,000 bags (1bag=40kg) down 2,000-3,000 bags from the previous day.

Indian maize up in Nizamabad.
Ram Gopal Yadav (9 years ago)

Maize prices rose in Telangana Nizamabad market, the benchmark market for the coarse grain, because of a firm demand and low supply. In Telangana, the coarse grain was sold up 10 rupees from previous close. Around 2,000 bags (1bag=100kg) of maize arrived in Nizamabad down from 2,100 bags on previous close. On the National Commodity Derivatives Exchange, the June contract of maize fell as investors booked profits after prices hit a near four-month high on previous close. On NCDEX, the contract ended down 1.3% from the previous close.

Ukraine boosts grain exports by 52 % in March.
Ram Gopal Yadav (9 years ago)

Ukraine boosted its grain exports to 4.54 million tonnes in March up 52 percent from 2.98 million tonnes in February. Exports of wheat rose to 1.05 million tonnes from 840,000 tonnes a month earlier. A stronger harvest would likely raise the 2017/18 grain export forecast to 39.5 million tonnes from 38.8 million tonnes. Ukraine’s agriculture ministry forecasts grain exports for the period at a record 42 million tonnes.

Wheat unchanged in Delhi, Indore.
Ram Gopal Yadav (9 years ago)

Prices of wheat were unchanged in wholesale markets of Indore. Arrival of the grain in Indore was at 10,000 bags (1bag=100kg), also unchanged from previous close. The government procured 3.6 million tonne wheat in Madhya Pradesh, up nearly 15% on year. In Delhi, wholesale market, prices remained unchanged in a thin trade because of steady demand and arrivals. Nearly 40,000 tonne wheat has been arriving daily in the Delhi market. At Kota in Rajasthan, prices of the grain fell. The mill quality wheat was sold down 20 rupees from previous close. On an average, 30,000-40,000 bags of wheat arrive in Kota daily. The most active May contract of wheat on the NCDEX ended down 0.2% from the previous close.