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.
Delhi chana prices down on low demand from millers
Prices of chana fell in Delhi because of low demand from millers. Sentiment is likely to remain bearish because of expectation of record high production. The most-active April futures on NCDEX were down 1.6%.
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.
Latest Report on Oil seeds Daily | Oilseeds Daily 20180312.pdf
Latest Report on Oil seeds Daily | Oilseeds Daily 20180312.pdf
Latest Report on Coriander Daily | Coriander Daily 20180312.pdf
Latest Report on Coriander Daily | Coriander Daily 20180312.pdf
Latest Report on Pulses Daily | Pulses Daily 20180312.pdf
Latest Report on Pulses Daily | Pulses Daily 20180312.pdf
Latest Report on Soybean Weekly | Soybean Weekly 20180312.pdf
Latest Report on Soybean Weekly | Soybean Weekly 20180312.pdf
Latest Report on Barley Daily | Barley_Daily 20180312.pdf
Latest Report on Barley Daily | Barley_Daily 20180312.pdf
Latest Report on Wheat Weekly | Wheat Weekly 20180312.pdf
Latest Report on Wheat Weekly | Wheat Weekly 20180312.pdf
Latest Report on Rapeseed Weekly | Rapeseed Weekly 20180312.pdf
Latest Report on Rapeseed Weekly | Rapeseed Weekly 20180312.pdf
Jharkhand procures 1.47 lakh MT paddy in three months.
Jharkhand procures 1.47 lakh MT paddy in three months.
USDA ups global rice output estimate to record high of 486.3 MMT.
USDA ups global rice output estimate to record high of 486.3 MMT.
Andhra Pradesh paddy farmers face hurdles due to shortage of Paddy Procurement Centres.
Andhra Pradesh paddy farmers face hurdles due to shortage of Paddy Procurement Centres.
Federation of Tamil Nadu Rice Mill exempt rice from GST and market cess.
Federation of Tamil Nadu Rice Mill exempt rice from GST and market cess.
Brazil center-south sugarcane crush Is 1.78% down from last year.
Brazil center-south sugarcane crush Is 1.78% down from last year.
Copersucar sees Brazil cutting sugar output by 5 MMT.
Copersucar sees Brazil cutting sugar output by 5 MMT.
Sugar mills hit as excess production trips supply balance.
Sugar mills hit as excess production trips supply balance.
India sugar spot prices down on low bulk demand, selling pressure.
India sugar spot prices down on low bulk demand, selling pressure.
Challenges push Kenyan farmers from maize to cane, horticulture.
Challenges push Kenyan farmers from maize to cane, horticulture.