Pulses import at Nhava Sheva port down 44% on-month at 78,816 tonne Jul.
Ram Gopal Yadav (9 years ago)

Import of pulses at Mumbai’s Nhava Sheva port in July was down 43.7% on month at 78,816 tonne, according to data from a shipping agent. Import of pulses declined in July as domestic prices were lower than those in the global markets. A sharp decline in imports of chana, moong and urad led to a fall in imports in the last month.

Traders peg yellow pea imports at 600,000-650,000 tonne so far FY18.
Ram Gopal Yadav (9 years ago)

India has bought 600,000-650,000 tonne yellow peas so far since April, almost the same level as the year-ago period. Roughly 300,000 tonne has been bought for the east coast so far, about 250,000 tonne for Mumbai and Mundra and the rest for other ports. While imports contracted in April were at a landed cost of about $340-$350 a tonne for the west coast, prices have since eased to about $325 a tonne. There is a possibility of prices easing by another $5-$10 a tonne in the coming months, as demand from India is seen lower this year due to ample supplies of other pulses in the country. India’s total pulses output was at a record 22.95 million tonne in the crop year ended June, up more than 40% from previous year.

Govt imposes stock holding limits on sugar mills for Sep-Oct.
Ram Gopal Yadav (9 years ago)

The government has imposed stock holding limits on sugar mills for the months September and October. Sugar mills can hold up to 21% of the total sugar supply of 2016-17 (Oct-Sep) season as of end of September, and 8% of the supply as of end of October. Paswan also said that there is no shortage of sugar for domestic consumption. Stock limit has been introduced to keep prices of sugar in check with a slew of festivals lined up for the next few months

India sugar down in spot as govt imposes stock limit on mills.
Ram Gopal Yadav (9 years ago)

Prices of sugar fell in the key wholesale markets of the country as implementation of stock holding limit on mills dampened the sentiment for the commodity. Government has imposed stock holding limits on sugar mills for September and October. Sugar mills can hold up to 21% of the total sugar supply of 2016-17 (Oct-Sep) season as of end of September, and 8% of the supply as of end of October.

NCDEX chana hits 3% upper limit on dal millers buys.
Ram Gopal Yadav (9 years ago)

Futures contracts of chana on the NCDEX hit the 3% upper circuit on demand from the dal millers. The most active September contract was up 3.8% from previous close. Investors bought chana futures on the expectation of better demand in coming days ahead of festivals and worries of lower output of the pulse in Australia.

MMTC to auction 1,619 tonne urad via NCDEX e-Markets.
Ram Gopal Yadav (9 years ago)

MMTC offer 1,619.3 tonne of urad imported from Myanmar of the 2016 crop year for auction through NCDEX e-Markets. The pulse is stocked in the godown of Central Warehousing Corp in Wadala, Maharashtra. The bids remain valid for a maximum period of two MMTC working days, from the date of e-auction.