Prices of chana rose in Delhi, owing to improved demand from dal millers and domestic stockists, as well as a fall in supply.
Tur prices rise in Akola on improved millers demand
Prices of tur rose in Akola, the benchmark market, due to improved demand for the commodity from the millers.
USDA arm sees Bangladesh 2018-19 soy crop at 152,000 tn, up 33%
Bangladesh is likely to produce 152,000 tn soybean in the year 2018-19 (Jul-Jun), up 33%. The rise in soybean production in the country is attributed to favourable weather conditions, expected average yield and a rise in acreage.
Malaysia CPO ends flat as CBOT soy up, ringgit firm
Crude palm oil futures on the Bursa Malaysia Derivatives settled flat, as gains due to strength in soyoil contracts on CBOT were offset by a firm ringgit against the dollar. The most-active June contract of crude palm oil on the Malaysian bourse settled at 2,431 ringgits (40,702.11 rupees) per tn, down 3 ringgits from the previous close.
Indore soybean down on low demand ahead of year-end
Soybean prices fell in Indore, despite a decline in arrivals, due to weak demand before the end of the financial year.
Mustard seed down in Jaipur on weak demand for oil
Prices of mustard seed were down in Jaipur, Rajasthan owing to lacklustre demand for mustard oil from domestic and overseas buyers. A rise in arrivals coupled with tepid demand from domestic oil millers and crushers also weighed on prices of mustard seed. There is bearishness in the market as supplies are likely to rise in the coming days.
NCDEX coriander up 1% on short covering; spot unch
Coriander futures on NCDEX ended over 1% higher as investors covered short positions after prices hit a four-month low. The most active April contract of coriander on NCDEX up 1.1% from the previous close.