Baran coriander prices unch on weak buys, low supply
Ram Gopal Yadav (8 years ago)

Prices of coriander remained unchanged in key markets of Rajasthan and Gujarat as lower arrivals offset impact of weak demand from stockists. Demand, however, is likely to pick-up in coming days with the new crop having a low moisture content. Prices also remained unchanged in key market of Rajkot, Gujarat.

Pakistan increased demand for soybean meal in poultry feed rations
Ram Gopal Yadav (8 years ago)

Pakistan increased demand for soybean meal in poultry feed rations. The poultry industry in Pakistan is increasingly using soybean meal in its feed rations, and the USDA is expecting the country’s soybean imports to hit a record 2.5 million metric tons (MMT) in MY 2018/2019. Pakistan imported 1.7m tons of soybeans during MY 2016/17, according to the USDA data. Importers have shifted from Indian soymeal to take advantage of competitively-priced soybeans from other countries, said the US agency report. Rapeseed and canola imports are almost at and are expected to maintain at 2 million tons during 2017/18 and imports of soybeans are expected to climb to 2.0 MMT given the current tari structure. Soybean imports during MY 2018/19 are projected to reach to a record 2.5.

Prices of chana rise in Delhi on low supply
Ram Gopal Yadav (8 years ago)

Prices of chana rose in Delhi due to lower supplies and expectation of an increase in demand from dal millers in the coming days. Prices in Indore fell as demand from dal millers was lower, however a sharp downside in prices was restricted as the government may start procurement of the pulse.

NCDEX coriander hits 3-week high on low output view
Ram Gopal Yadav (8 years ago)

The April contract of coriander on NCDEX hit a three-week high of 5,412 rupees per 100 kg due to expectation of a fall in output this year. The contract ended up 0.3% from the previous close. Lower area under coriander has resulted in less-than-expected arrivals this year. However, prices of the spice were unchasddnged in Kota, the benchmark market, as higher demand negated the effect of a surge in arrivals in Rajasthan.