Ukraine continues to increase corn starch export.
India maize futures rise on spot demand.
India maize futures rise on spot demand.
Sugar prices down 23% over bumper harvest forecast.
Sugar prices down 23% over bumper harvest forecast.
Jaipur mustard seed up on renewed buys from millers
Prices of mustard seed rose in the benchmark market of Jaipur due to renewed demand from oil millers and crushers. Also, as the government approved 800,000 tn mustard procurement in Rajasthan, oilseed prices were supported. A rise in arrivals of the oilseed, however, capped sharp gains in prices.
Govt pegs sugar output at 27.2 MMT for 2017-18.
Govt pegs sugar output at 27.2 MMT for 2017-18.
NCDEX marks 11,130 tn soybean for staggered delivery
NCDEX on marked 11,130 tn soybean for staggered delivery in the March contract.
India sugar subdued bulk demand pulls down prices in spot markets.
India sugar subdued bulk demand pulls down prices in spot markets.
Indore soybean up on low supply, feed sector demand.
Prices of soybean rose in Indore, Madhya Pradesh, due to a fall in arrivals of the oilseed and higher demand for soymeal from the poultry feed industry. Improved demand from domestic oil millers and crushers is also seen supporting soybean prices. Strong demand for soybean in the US is seen supporting prices on CBOT, boosting prices in the domestic market.
Slide in sugar stocks as prices slump.
Slide in sugar stocks as prices slump.
The Food Corp of India has offered 7,839.57 tn of urad for auction
The Food Corp of India has offered 7,839.57 tn of urad for auction through NCDEX e-Markets. The pulse being auctioned is stocked at warehouses in Gujarat, Madhya Pradesh, Maharashtra, Uttar Pradesh and Karnataka.
Indonesia’s Bulog gets leeway to import 20,000-tn India rice Mar-end.
Indonesia’s Bulog gets leeway to import 20,000-tn India rice Mar-end.
Tur up in Kalaburagi on improved demand from millers
Tur prices were up in Kalaburagi, Karnataka, because of improved demand from dal millers. A fall in arrivals also supported prices of tur. Gains in chana prices are also seen supporting tur prices as both are substitutes for each other.
NCDEX chana up on renewed demand from dal millers
Futures contracts of chana rose on NCDEX due to renewed demand from dal millers. On NCDEX, the most-active April contract was at 3,721 rupees per 100 kg, up 0.98%. A rise in prices of the pulse in the key spot markets also supported chana contracts on the bourse. A rise in arrivals was, however, insufficient to meet demand which supported chana prices.
Kota coriander prices up on firm demand for new crop
Prices of coriander rose in Kota, Rajasthan, as demand for new crop rose while production declined in 2017-18 (Oct-Sep) owing to unattractive returns last season. Ramganj market was closed on account of a local festival.
Barley prices tad down in Jaipur as arrivals double
Prices of barley were tad down in the benchmark market of Jaipur in Rajasthan due to a surge in arrivals of the new crop. Subdued demand from malt industries and domestic stockists also weighed on barley prices.
Pakistan expected to harvest bumper wheat crop of 26 MMT this season.
Pakistan expected to harvest bumper wheat crop of 26 MMT this season.
Ukraine plans to start exporting wheat to China and Vietnam.
Ukraine plans to start exporting wheat to China and Vietnam.
Chana up in Delhi on demand from millers, low supply
Chana prices were up in Delhi and Indore on demand from dal millers and on low arrivals. The most active April futures on the NCDEX were up 0.8%.
USDA revises 2017/18 Egyptian corn consumption down by 4%.
USDA revises 2017/18 Egyptian corn consumption down by 4%.
Tur price up in Akola, Kalaburagi on higher demand
Tur prices in Akola and Kalaburagi rose because of demand from dal millers. Gains in chana prices are also seen supporting tur prices as both are substitutes for each other. Reports that Karnataka government may buy 364,000 tn of tur from 264,000 tn earlier to support prices of pulse is seen boosting ssentiment.