Prices of maize, too, rose marginally across key spot market due to a slight pick up in demand from bulk buyers. Any sharp rise in prices were limited due to steady arrivals. Demand is seen firm […]
Soybean prices rise in Indore as demand improves.
Soybean prices rose in Indore due to improved demand from crushing units and exporters. In Indore, the oilseed rose 10 rupees to 3,840 rupees per 100 kg. Arrivals in Madhya Pradesh were pegged at 70,000 bags […]
Maize spot prices rise on firm buys.
Maize prices across key spot markets continued to rise due to firm purchases by feed manufacturers amid fear of a severe supply crunch in the coming days. A rise in arrivals, however, limited the gains in […]
Soybean seen down on subdued spot demand.
Futures contracts of all components of the edible oil basket are likely to ease on the domestic exchanges in the coming week. Soybean contracts are expected to fall on the National Commodity and Derivatives Exchange due […]
Maize spot prices rise on firm buys.
Maize prices across key spot markets continued to rise due to firm purchases by feed manufacturers amid fear of a severe supply crunch in the coming days. A rise in arrivals, however, limited the gains in […]
NCDEX Mar soybean hits 1-wk low on weak spot buys
The front month March soybean contract on NCDEX hit a one-week low of 3,634 rupees per 100 kg due to weak demand from crushing units and exporters at key spot markets. In Indore, the benchmark market […]
Maize prices up on firm buys.
Maize prices extended their gains due to firm demand from bulk buyers amid lean arrivals. Sharp gains were prevented by a marginal rise in arrivals. Demand is seen firm in coming days as feed manufacturers fear […]
Spot soybean prices steady on lower demand, arrivals.
Soybean price in key spot markets were steady due to subdued demand from crushing units amid weak arrivals. Demand for the oilseed weakened due to a decline in soymeal exports in February. During February, India’s soymeal […]
Firm buys lift maize.
Maize prices extended gains across key spot markets as bulk buyers bought the commodity aggressively on fear of tight supply going ahead. However, rise in arrivals prevented sharp gains. Bulk buyers anticipate a severe supply crunch […]
NCDEX soybean dn over 1% on weak meal exports in Feb.
Futures contracts of soybean on NCDEX edged lower due to weak soymeal exports during February. On NCDEX, the most-active March contract was at 3,671 rupees per 100 kg, down 1.1% from the previous close. During February, […]
Maize rises on firm demand.
Maize prices gained further due to firm buys by feed manufacturers. A rise in arrivals, however, prevented sharp gains in prices. Bulk buyers are buying the commodity aggressively fearing a severe supply crunch ahead, as the […]
Indore soybean prices up as spot buying picks up.
Soybean prices rose today in Indore due to firm demand from crushing units and exporters. Lower arrivals also supported prices. In Indore, the oilseed was sold for 3,850-3,880 rupees per 100 kg, up 10-15 rupees. Arrivals […]
Spot maize up on firm demand.
Maize prices extended their gains across key spot markets mainly due to aggressive buying by feed manufacturers. However, a rise in arrivals, limited sharp gains. Prices rose today despite a rise in arrivals as the bulk […]
NCDEX Mar soybean hits 1-wk high on short covering.
The March soybean contract on NCDEX today hit a one-week high of 3,707 rupees per 100 kg due to short covering after prices fell sharply over the previous few sessions. Prices fell during the last few […]
Maize prices up.
Maize prices across key spot markets of the country rose despite steady arrivals, mainly due to a rise in demand from feed manufacturers and the poultry industry. Prices are likely to remain firm going ahead due […]
Brazil’s soybean exports are expected to come in 14-18% down
Brazil’s soybean exports are expected to come in 14-18% down on the year in 2019 due to lower production and reduced buying by China. The country, which is one of the world’s top soybean exporter, is […]
Spot soybean price up on improved demand from mills.
Soybean prices rose in key spot markets due to a pickup in purchases by millers. A decline in arrivals also supported prices. In Indore, the oilseed was sold at 3,825-3,850 rupees per 100 kg, up 20-25 […]
Better buys support maize.
Spot maize prices extended gains as demand from feed manufacturers remained firm. Bulk buyers are aggressively buying the commodity due to fear of a severe supply crunch. Prices are, however, likely to soften going ahead as […]
The government set the sugar sale quota for March at 2.45 mln ton.
The government set the sugar sale quota for March at 2.45 mln ton, higher than the February quota of 2.10 mln ton to cater to higher demand expected during the month. Demand for sugar usually picks […]
Prices of mustard seed fell sharply in Jaipur as arrivals of the new crop rose.
Prices of mustard seed fell sharply in Jaipur as arrivals of the new crop rose significantly. Prices are likely to fall in coming days due to an estimated larger mustard seed crop. Mustard seed output for […]