NCDEX coriander hits near 6-year low on cheap imports.
Ram Gopal Yadav (7 years ago)

Futures contracts of coriander on the NCDEX hit a near six-year low of 4,190 rupees per 100 kg due to cheap imports from Ukraine and Russia, and muted domestic demand. The most active June contract was down 2.6%. Prices are likely to make a new low near 4,000-3,800 rupees in the coming days. In Rajasthan’s benchmark market Kota, the badami variety and the eagle variety both steady from previous close.

India mustard crushing unchanged on month at 900,000 tn in May.
Ram Gopal Yadav (7 years ago)

Mustard oil mills across the country crushed 900,000 tn of the oilseed in May, unchanged from the previous month. New crop arrivals begin in February, and gain momentum by March. Arrivals remain in full swing till May and start dwindling from June. During Mar 1-May 31, total supply of mustard seed were estimated at 4.0 mln tn. Arrivals in Rajasthan, the largest grower, was at 1.3 mln tn, Uttar Pradesh at 565,000 tn, Madhya Pradesh and Chhattisgarh together at 235,000 tn. Crushing of mustard may lose steam in June as arrivals would start declining. For 2017-18 (Jul-Jun), India’s mustard output is seen at 7.2 mln tn, up from 6.9 mln tn harvested in the previous year. Mustard output in the country is seen higher due to better yields in key growing regions because of favourable weather.

Jaipur mustard seed up on low supply, hign demand
Ram Gopal Yadav (7 years ago)

Prices of mustard seed rose in Jaipur due to a fall in arrivals and higher demand from domestic oil millers and crushers. In Jaipur, the oilseed was sold up 30-40 rupees.Arrivals in Rajasthan were slightly down. Ongoing procurement of mustard seed by the Haryana, Madhya Pradesh and Rajasthan state governments at the minimum support price of 4,000 per 100 kg also supported prices.