NCDEX coriander down over 1% on profit booking
Ram Gopal Yadav (7 years ago)

Futures contracts of coriander fell over 1% on NCDEX due to profit booking. The most-active April contract of coriander on NCDEX was down 1.4% from the previous close. Prices are volatile ahead of start of new crop arrivals in full swing.

Market Expert cuts India 2017-18 soybean crop estimate to 8 mln tn
Ram Gopal Yadav (7 years ago)

Soybean output estimate in India for 2017-18 (Jul-Jun) has been revised downward to 8.0 mln tn currently from the previous estimate of 8.5 mln tn. Several indicators showed that actual supply of soybean is lower than thought of before in India. This is also reflected in some recent appreciation in domestic prices. The crop is also way lower than last year’s production of 10.5 mln tn. Argentina, the world’s third largest grower, is constantly facing dry weather conditions, which may take a toll on the soybean crop from the beginning.

Mustard seed prices fall in Jaipur on low demand
Ram Gopal Yadav (7 years ago)

Prices of mustard seed fell in Jaipur due to low demand from oil millers. However, mustard futures rose on concerns over forecast of cloudy weather in key growing areas of Rajasthan. Cloudy weather may hit growth of the oilseed crop, making it vulnerable to pests and lower yield. The most-active April contract was 4,172 rupees per 100 kg, up 0.9% from the previous close.