The April contract of coriander on NCDEX hit a six-week high of 6,690 rupees per 100 kg as investors covered short positions after prices hit a one-month low of 5,745 rupees per 100 kg. The most-active […]
Sugar prices in most markets fell for the fourth consecutive day of trade due to a lower-than-expected cut in production estimates
Sugar prices in most markets fell for the fourth consecutive day of trade due to a lower-than-expected cut in production estimates. The association has slashed the country’s sugar output estimate for the second time to 30.7 […]
The country have sown mustard across 6.87 mln ha as of previous day, up 2.8% from a year ago
The February contract of mustard seed hit a one-week high of 3,929 rupees per 100 kg on the NCDEX. This is because both the oilseeds are used to extract edible oils. At 1410 IST, the mustard […]
The February soybean contract on NCDEX was trading at a fresh nine-month high of 3,885 rupees per 100 kg
The February soybean contract on NCDEX was trading at a fresh nine-month high of 3,885 rupees per 100 kg. up 2% from the previous close. The contract rose sharply on hope of robust soymeal export to […]
Soybean prices in key spot markets rose on expectation of a rise in export demand
Soybean prices in key spot markets rose on expectation of a rise in export demand for soymeal from Iran. During Apr-Dec, Iran bought around 300,000 tn of soymeal from India, compared with 23,000 tn in the […]
Mustard seed prices in Jaipur, Rajasthan, fell due to rise in supply
Mustard seed prices in Jaipur, Rajasthan, fell due to rise in supply. Stockists are offloading inventories ahead of the arrival of new crop later this month. Arrivals across India were pegged at 130,000 bags (1 bag […]
Iran appeared as the third top destination for Indian oilmeals as the country to sell crude oil to India in exchange for rupees
We can see the positive support in Indian soy-seed & meal prices. Iran appeared as the third top destination for Indian oilmeals, after South Korea at 571K tonnes and Vietnam at 422K tonnes. Overall soymeal exports raised […]
Prices of sugar rose
Prices of sugar rose in key wholesale markets due to renewed demand from bulk buyers amid expectations that the Centre may raise the minimum support price of the sweetener to 3,200 rupees per 100 kg from […]
Adverse Weather in Brazil Impacting Corn Production
This season corn crop in southern Brazil has also been impacted by the dry weather, but to a lesser degree compared to the soybeans. A lot of the soybeans were at the same critical phase in […]
Sugar mills struggling to export surplus as overseas prices fall
Sugar mills expected to export 2.5 mn to 3.5 mn tonnes Sugar exports are likely to be far lower than a 5 million-tonne target set by New Delhi as a strengthening rupee and falling global prices […]
Asia Rice: India rates rise on higher local prices; Thai-Vietnam output seen surging
Rice export prices in India rose this week due to a rally in local rates, while Thai and Vietnam prices are expected to drop in the coming weeks with fresh supplies hitting the market. India’s 5 percent broken parboiled variety was […]
Prices of onion, potato farmers in Uttar Pradesh
Prices of onion in the key market of Nashik, Maharashtra, were unchanged as subdued demand from domestic stockists negated gains due to lower arrivals. In Lasalgaon, the benchmark market, prices of onion were steady at 850-900 […]
Coriander on NCDEX rose
The January futures contract of coriander on NCDEX rose as investors covered short positions after prices hit a 10-week low of 5,863 rupees per 100 kg in early trade. The near-month January contract was at 6,011 […]
government has invited local and foreign investors
The government has invited local and foreign investors to invest in sugar production as Tanzania needs 260,000 tonnes of sugar, including 155,000 tonnes of industrial sugar to get foreign currency. Deputy Minister for Agriculture said this […]
Prices of sugar
Prices of sugar were steady in most key wholesale markets amid thin trade owing to lack of fresh cues. The medium-grade variety of the sweetener was sold at 3,250 rupees per 100 kg in Mumbai and […]
mustard hit an over one-week low
The January mustard seed contract on NCDEX hit an over one-week low of 3,912 rupees per 100 kg due to weak meal exports. the contract was 0.2% down at 3,919 rupees. During December, mustard meal exports […]
Soybean on NCDEX hit a fresh six-month high
The January soybean contract on NCDEX hit a fresh six-month high of 3,568 rupees per 100 kg due to strong demand from soymeal exporters and crushing plants. At 1330 IST, the contract was at 3,552 rupees […]
Import prospects improves of palm oil as world’s biggest edible oil buyer reduced the Import duty on 31st Dec 2018
Indian Govt. has reduced the Import duty on crude palm oil to 40 per cent from 44 per cent from Southeast Asian (Asean) countries after a request from suppliers, while on refined palm oil is import duty […]
India veg oils port stocks reached to 2 years low
India, NCDEX future Soy oil prices increased to 1% in last trading session and in physical market soy oil prices at Indore market continued in the higher side from 8 continues days at Rs. 752 Levels. […]
Prices of onion were down
Prices of onion were down in the key market of Pimpalgaon, Maharashtra. because arrivals doubled to 1,600 trolleys, each carrying 1.5-2.0 tn of onion. Arrivals doubled as markets reopened after the weekend amid low demand for […]