Rise in chana contract lifts NCDEX Dhaanya index.
Ram Gopal Yadav (7 years ago)

The NCDEX Dhaanya index rose 9.82 points to 3205.08 points, largely due to gains in chana and castor seed contracts. A fall in guar seed contracts restricted the rise in index. Dhaanya is a value-weighted index, computed real-time using the near-month prices of 10 most liquid commodity futures. The components of the index and their weights are re-balanced every quarter. Currently, chana and guar seed carry a weight of 20% each, soybean 16%, and mustard seed 15%, and cottonseed oilcake 8%. Castor seed, coriander, barley, jeera, and turmeric are the other components of the index.

Maharashtra extends registration date for urad, moong procurement.
Ram Gopal Yadav (7 years ago)

The Maharashtra government has extended the registration date for procurement of urad and moong under the minimum support price to Oct 24 from Oct 9. Procurement of moong and urad will commence from Oct 11. Output of kharif moong in the country in 2018-19 (Jul-Jun) is estimated at 1.58 mln tn, while urad production is expected to be 2.65 mln tn. As of now, a total of 20,341 farmers have registered themselves for the procurement, of which 6,183 have registered for moong procurement, 8,851 for urad.

Pulses import at Tuticorin port down 66% on year at 13,598 tn in Sept.
Ram Gopal Yadav (7 years ago)

Import of pulses at Tuticorin port was down 66.6% on year at 13,598.7 tn in September. A sharp decline in imports of chana, peas and tur led to the fall. Imports of most pulses have fallen since the beginning of the year, following trade restrictions and a rise in customs duty. For May, the last month for which data is available, imports of pulses were pegged at 18,962.30 tn.