Potato arrivals tad down in Delhi but prices steady.
Ram Gopal Yadav (6 years ago)

Prices of potato in Delhi remained unchanged as a likely gain from lower arrivals was negated by lower demand for the commodity. In Delhi, arrivals were pegged at 138 trucks, each carrying 15-20 tn of the commodity, down 2 trucks. Prices were steady at 1,560-1,650 rupees per 100 kg.

Onion prices flat in Pimpalgaon despite low supply.
Ram Gopal Yadav (6 years ago)

Prices of onion remained unchanged in the key market of Pimpalgaon, Maharashtra, as gains due to a fall in arrivals were negated by subdued demand from stockists. In Pimpalgaon, arrivals were pegged at 950-1,000 trucks, each carrying 15-20 tn of onion, down from 1,345 trucks.

Madhya Pradesh to disburse 4.8 bln rupees to onion, garlic growers
Ram Gopal Yadav (6 years ago)

The Madhya Pradesh government may soon disburse 4.8 bln rupees to farmers for onion and garlic procured under the market intervention scheme during the rabi season. Of 10 bln rupees approved as aid for onion and garlic farmers, 4.8 bln rupees would be given in the first phase shortly. Rest would be disbursed in the next phase. State agencies have procured around 873,000 tn of onion and garlic from 180,000 farmers under the scheme. Onion was procured at 1,200 rupees per 100 kg, including an incentive of 400 rupees per 100 kg. Madhya Pradesh government had fixed 800 rupees per 100 kg as protective prices for both vegetables. The move followed fall in spot market prices because of higher production and lower offtake by traders and food processing factories. Onion was sold at 500-550 rupees per 100 kg in key market of Indore when the crop hit the market in full swing in May-June and garlic was sold at 200-300 rupees per 100 kg during same period.

Madhya Pradesh to sell 18,000 tn poor quality pulses.
Ram Gopal Yadav (6 years ago)

The Madhya Pradesh government will sell 18,000 tn poor and non-fair average quality of chana, masur, and mustard procured in May-Jun. The government is selling the commodity to pay farmers the minimum support price in full. The government was unable to pay the farmers as agencies procured some of the commodities which were of non-fair average quality and were also damaged. The government has, therefore, ordered to auction these pulses and oilseeds and release the pending dues to the farmers latest by Aug 27 into their bank accounts. The total quantity of chana, masur, and mustard procured by the government in 2018-19 is 1.97 mln tn.

Tur prices down in Kalaburagi on poor demand.
Ram Gopal Yadav (6 years ago)

Prices of tur fell in Kalaburagi due to poor demand from millers and as worries of lower yield in Karnataka eased following a pick up in rains. In Kalaburagi, prices of tur were down 25-50 rupees at 3,700-3,900 rupees per 100 kg. In Akola, prices of the commodity were unchanged at 3,700 rupees per 100 kg. Arrivals in the market were unchanged at 500-600 bags (1 bag = 100 kg).

Delhi chana up on low arrival, likely rise in demand
Ram Gopal Yadav (6 years ago)

Prices of chana rose today due to a fall in arrivals amid expectation of a rise in demand ahead of festival season. In Delhi, the benchmark market, chana was sold at 4,425 rupees per 100 kg, up 50-70 rupees. Arrivals of chana in Delhi were estimated at 375 tn. In Indore, a key market in Madhya Pradesh, prices were unchanged .

Govt urges Saudi Arabia to ease norms for import of Indian basmati.
Ram Gopal Yadav (6 years ago)

The government has initiated talks with officials from Saudi Arabia for relaxing the latters residual norms for import of basmati rice from India. Indias basmati exports to Saudi Arabia have taken a hit since June, when the West Asian country started following stringent maximum residual limit norms on the lines of European nations. In 2017-18 (Apr-Mar), India exported 792,480 tn of basmati to Saudi Arabia, against 809,343 tn in the preceding year. Indias total export of basmati in 2017-18 was 4.06 mln tn, up 1.8% from a year ago. Implementation of strict import norms for rice has added to pressure on the Indian industry, which is already battling with a halt in purchases from the European Union. Indias basmati exports to EU were suspended after the union reduced the permissible limit of tricyclazole residue in imported rice to 0.01 part per mln from 1 part per mln, effective Jan 1.