Futures contracts of all components of the edible oil basket, barring crude palm oil, rebounded on domestic exchanges. After hitting seven-week low of 3,587 rupees per 100 kg in previous session, the July soybean contract on […]
Maize fall marginally on weak demand
Meanwhile, prices of maize fell across key spot markets due to a decline in demand at higher levels. Demand from bulk consumers was subdued at higher prices due to tight supply. On NCDEX, maize futures too, […]
India soybean area down 57% YoY at 53,400 ha
Farmers in the country have sown soybean across 53,400 ha as, down 57% from the year-ago period. Absence of monsoon rains has halted sowing operations in key growing areas of Madhya Pradesh and Rajasthan, the top […]
Spot maize prices dn on weak demand
Maize prices fell across key spot markets due to a decline demand at higher price levels. Demand remained subdued as bulk consumers avoided purchasing at higher prices due to a tight supply. On NCDEX, maize futures […]
Soybean prices in Indore fall on subdued demand
Soybean prices in Indore fell due to a decline in demand from millers and stockists. However, a decline in arrivals limited the fall in prices. In Indore, the oilseed was sold at 3,860 rupees per 100 […]
Maize prices remained steady.
Maize prices remained steady across key spot markets due to a decline in both arrivals and demand. Demand was subdued today as bulk consumers avoided purchasing due to a sharp rise in prices (earlier). On NCDEX, […]
Soybean prices in Indore rose due to a pick-up in demand
Soybean prices in Indore rose due to a pick-up in demand and a decline in arrivals. In Indore, the oilseed was sold at 3,880 rupees per 100 kg, up 15-20 rupees from previous day. Arrivals in […]
Maize prices remained steady across key spot markets
Maize prices remained steady across key spot markets due to a decline in both arrivals and demand. Demand was subdued today as consumers are avoiding purchases in bulk due to a sharp rise in prices. On […]
NCDEX soybean hits over 7-week low on weak spot buys
The July soybean contract hit an over seven-week low of 3,607 rupees per 100 kg on NCDEX due to weak demand at spot markets. The contract, however, pared losses and was down 0.7% at 3,618 rupees. […]
Weak arrivals lift maize prices across key mkts
Maize futures rose sharply on the NCDEX due to an anticipated supply shortage in the coming days. The most-active August contract rose nearly 1% to 2,003 rupees per 100 kg. Corn futures ended the session with […]
NCDEX July soybean contract ended a tad lower
The July soybean contract ended a tad lower on the National Commodity & Derivatives Exchange in line with losses in key contracts on the Chicago Board of Trade. After hitting a two-month high on Monday, soybean […]
Maize up on higher buys
Maize prices rose across key spot markets due to pick up in bulk purchases. A marginal in arrivals, however, restricted sharp gains in prices. The late-sown rabi maize crop in Uttar Pradesh usually arrives early in […]
Soybean sown across 37,000 ha
Farmers in the country have sown soybean across 37,000 ha, over half of what was planted during same period last year. A delay in the onset of monsoon by around a fortnight in key growing areas […]
Maize rises on firm purchases
Maize prices rose marginally across key spot markets due to a pick-up in purchases. However, higher arrivals in Uttar Pradesh capped the rise in prices. The maize crop sown in Uttar Pradesh during the rabi season […]
Soyabean prices reported higher in Nagpur
Soyabean prices reported higher in Nagpur (APMC) on good buying support from local crushing plants amid thin supply from producing regions. Notable rise in Madhya Pradesh soyabean prices and repeated enquiries from South-based plants also boosted […]
Maize prices across key spot markets was largely flat
Maize prices across key spot markets was largely flat due to a rise in arrivals in Uttar Pradesh, amid firm demand from bulk buyers. The maize crop sown in Uttar Pradesh during the rabi season usually […]
Soybean ends 1% up on fear over delay in sowing
Futures contracts of all components of the edible oil basket inched up on the domestic exchanges. The July soybean contract on National Commodity & Derivatives Exchange settled around 0.9% higher due to late monsoon rains in […]
High arrivals hit maize
Maize prices fell due to a rise in supply from Uttar Pradesh. The maize crop sown in Uttar Pradesh during the rabi season usually arrives very late and it has now started in full swing. A […]
Soybean contract on the NCDEX settled higher
The July soybean contract on the National Commodity & Derivatives Exchange settled around 0.7% higher due to slow monsoon progress in the country, analysts said. The very severe cyclonic storm ‘Vayu’ set to hit Gujarat coast […]
Spot maize prices rise on sharp fall in arrivals
Prices of maize across key spot markets also rose sharply due to a decline in arrivals. A fall in bulk purchases, however, restricted gains. Due to sharply higher prices, end users are avoiding picking up stocks […]