Prices of soybean in the key wholesale market of Indore fell due to rise in arrivals. Arrivals across Madhya Pradesh rose. Higher supplies also weighed on the futures of the oilseed on the NCDEX with the August soybean contract trading down 0.5% from the previous close.
NCDEX cotton oilcake at over 2-yr low on weak demand.
NCDEX cotton oilcake at over 2-yr low on weak demand.
Army ration wing to auction 2,929 tonne of pulses.
The Army Purchase Organization has offered 2,929 tonne of pulses, including dried green peas, rajmah (kidney beans), lobia (black-eyed peas) and chickpea, for auction through NCDEX e-Markets.
All India cotton arrivals up at 4,700 bales on 01 August.
All India cotton arrivals up at 4,700 bales on 01 August.
NCDEX chana hits 1-week high on demand from millers.
The September contract of chana on the NCDEX hit a one-week high due to an increase in demand from dal millers and stockists, coupled with a fall in arrivals at key markets. On the NCDEX, the most active September contract of chana traded up 2.5% from previous close. In Delhi, the benchmark market for the pulse, chana was quoted up 50 rupees from previouse close.
India coffee exports during Jan 1- Aug 1.
India coffee exports during Jan 1- Aug 1.
No takers for moong offered by NAFED due to higher reserve price
There were no bids received for the 1,658.09 tonne of moong offered for auction by the National Agricultural Cooperative Marketing Federation due to higher reserve price. The reserve price fixed by NAFED was 4,280 rupees per 100 kg at the auction, while bidders expected a price of 3,560 rupees. The auction was held by MSTC Ltd, a regulatory authority for export of ferrous scrap.
Coriander prices fall in Kota due to weak demand.
Coriander prices fall in Kota due to weak demand.
Tur down in Kalaburagi on weak buys, rise in supply.
Tur prices fell in the key market of Kalaburagi due to weak demand from millers amid a rise in arrivals. Prices of tur in Kalaburagi, Karnataka, were down 50 rupees from previous close.
Farm body to auction 3,245 tonne tur via NCDEX e-markets.
Small Farmers Agribusiness Consortium offer 3,245.16 tonne tur for auction through NCDEX e-Markets. The pulse is stocked at warehouses in Madhya Pradesh.
Food Corp to auction 2,000 tonne tur via NCDEX e-markets.
The Food Corp of India has offered 2,000 tonne tur for auction through NCDEX e-Markets. The pulse is stocked at a warehouse in Rampur, Madhya Pradesh.
CBOT wheat up nearly 1% on crop damage concerns.
CBOT wheat up nearly 1% on crop damage concerns.
Wheat prices up in Delhi on improved demand.
Wheat prices up in Delhi on improved demand.
Japan to import 39,540 MT feed wheat via tender.
Japan to import 39,540 MT feed wheat via tender.
Govt signs agreement to set up rice research institute in Varanasi.
Govt signs agreement to set up rice research institute in Varanasi.
Thailand rice export prices fall in week ended.
Thailand rice export prices fall in week ended.
Cambodia to export 1 mln tn of rice to Bangladesh.
Cambodia to export 1 mln tn of rice to Bangladesh.
Thailand may export 11 MMT of rice this year.
Thailand may export 11 MMT of rice this year.
India sugar up in Maharashtra on festival demand; down in north India.
Spot prices of sugar rose in the key wholesale markets of Maharashtra due to higher demand. The expectations of a bullish trend are supporting prices in Maharashtra right now due to supply concerns. The carry forward stock is likely to be lower. Prices of the sweetener in north India, however, were down as demand fell at higher price levels. Prices rose yesterday amid festival demand. Now, there is no buying support at higher level. Overall, traders have a bearish outlook on sugar prices for the coming days. The government may consider more duty-free sugar imports and re-impose stock limits on sugar mills as well if prices continue to rise.
EU sees 2017-18 corn import up at record 15.3 mln tn.
EU sees 2017-18 corn import up at record 15.3 mln tn.