Tur prices down in Kalaburagi on weak demand

Prices of tur fell in Kalaburagi, a key market, despite a decline in arrivals due to subdued demand from millers. Supplies are usually higher on the first day of the week and decline as the week progresses.

NCDEX mustard down 1.7% as arrivals likely to spike

Futures contracts of mustard seed fell 1.7% on the NCDEX due to expectation of a spike in crop arrivals. The most active April futures contract was down 1.7% at 4,167 rupees per 100 kg. Output in Uttar Pradesh and Madhya Pradesh is expected to be higher than estimated.

Soybean down in Indore on low demand from crushers

Soybean prices in Indore were down because of lower demand for the oilseed from crushers for production of its derivatives, particularly soymeal. The most active April futures on the NCDEX were down 2.4%. Rajfed announced to purchase mustard, chana, wheat at support price.