Prices of maize remained steady across key spot markets as bulk demand weakened and arrivals declined. Demand remained subdued as bulk buyers reduced their purchases at elevated prices. In Nizamabad, maize was sold at 2,430-2,450 rupees […]
India Edible Oil: Decline; soybean settles lower tracking CBOT
Futures contracts of all components of the edible oil basket on the domestic exchanges traded lower. Extending weakness from the previous session, soybean contracts on National Commodity and Derivatives Exchange settled 0.3% lower today in line […]
Spot maize prices steady on weak demand, low supply
Maize prices across key spot markets remained steady as demand from bulk buyers fell, amid a decline in arrivals. In Nizambad, maize was sold at 2,430-2,450 rupees per 100 kg, unchanged. Maize futures on NCDEX were […]
India Edible Oil:Soybean down on supportive weather in central India
Futures contracts of most components of the edible oil basket, barring crude palm oil, ended down on the domestic exchanges. Soybean contracts closed 0.3% lower on the National Commodity and Derivatives Exchange as weather conditions for […]
Spot maize prices steady on low arrivals, weak buys
Prices of maize across spot markets remained steady due to a fall in demand amid gradually declining arrivals. In Nizambad, maize was sold at 2,430-2,450 rupees per 100 kg, unchanged. On NCDEX, however, the September contract […]
India Edible Oil:Ticks up; NCDEX soybean settles higher on CBOT cues
Futures contracts of all components of the edible oil basket on domestic exchanges edged higher. Shaking off losses from the previous session, soybean contracts on National Commodity and Derivatives Exchange settled 0.6% higher, in line with […]
Maize prices a tad up in spot markets on low arrivals
Prices of maize rose marginally across spot markets today due to a decline in arrivals. A fall in demand, however, limited the rise in prices. In Nizamabad, maize was sold at 2,430-2,450 rupees per 100 kg, […]
India Edible Oil: Most up; soybean down on low demand
Futures contracts of most components in the edible oil basket, barring soybean, rose on domestic exchanges. Shedding gains from the previous session, soybean contracts settled 0.5% lower on National Commodity and Derivatives Exchange due to low […]
Spot maize prices steady on low demand, arrivals
Prices of maize remained steady across key spot markets as demand from bulk purchasers softened. A decline in arrivals, however, capped the fall in prices. Demand remained weak as bulk buyers are avoiding picking up stocks […]
India Edible Oil: Soybean gains as weak rain poses threat to yields
Futures contracts of all components of the edible oil basket on domestic exchanges rebounded. Shrugging off previous session’s losses, soybean contracts on National Commodity and Derivatives Exchange traded higher due to reports of drops in yield […]
Spot maize prices flat as demand falls, arrivals low
Maize prices across key spot markets were flat as demand from bulk buyers fell due to higher rates. Subdued arrivals, however, restricted the fall in prices. Prices had risen sharply in the last few days due […]
India soybean area down 11% on yr at 7.98 mln ha as of Thu
Farmers in the country have sown soybean on 7.98 mln ha as of Thursday, down 11% on year, according to farm ministry data. Cultivators sowed soybean on 2.78 mln ha in the week due to monsoon […]
Maize prices hit record high in spot markets as supply runs dry
Price of maize rose to a record high of 2,450 rupees per 100 kg in Nizamabad, Telangana, as arrivals have declined sharply in the past few days from Uttar Pradesh and Bihar. Maize is currently being […]
India Edible Oil: Soybean down on steady demand, low supply; CPO up
Futures contracts of soybean ended lower on the National Commodity and Derivatives Exchange due to a steady demand and low supply in the spot market. Expectation of a rise in acreage in central India due to […]
Spot maize prices steady on firm demand, arrivals
Maize across key spot markets were steady due to firm demand and arrivals. Demand is likely to fall in the coming days as bulk purchasers may avoid picking up stocks at higher prices. Maize futures on […]
NCDEX marks 1,680 tn of soybean for staggered delivery in Jul
The National Commodity & Derivatives Exchange on Wednesday marked 1,680 tn of soybean seed under the staggered delivery mechanism against the July contract, which will expire on Friday. The bourse also marked a few other farm […]
Spot maize prices rise on firm demand, low arrivals
Prices of maize rose across key spot markets due to firm demand from bulk purchasers amid a gradual decline in arrivals. In Nizamabad, maize was sold at 2,270 rupees per 100 kg, up 10-15 rupees. Maize […]
India Edible Oil: Soybean flat on low meal demand, small crop view
Futures contracts of soybean ended flat on the National Commodity and Derivatives Exchange because of mixed cues emanating from a decline in demand for soymeal and forecast of a smaller crop. Soybean may consolidate in a […]
Spot maize prices up on weak arrivals, firm demand
Prices of maize across spot markets rose due to firm demand from bulk purchasers and a gradual decline in arrivals. In Nizamabad, maize was sold at 2,250 rupees per 100 kg, up 10 rupees. Maize futures […]
NCDEX soybean up on 19% on-yr lag in acreage so far
Futures contracts of soybean on NCDEX rose 0.8%, after opening subdued in initial trade, as a lag in kharif sowing led to a rebound in prices. The front-month July soybean was at 3,625 rupees per 100 […]