Clearance of pulses stock for year 2016-17

The country had procured a record 22.95 million tonnes of pulses in 2016-17 crop year due to good monsoon. Worried after two straight years of drought that shrunk the crop, India r…

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10-12% Higher Cotton Production this time

India is set to witness 10-12 per cent higher cotton production as compared to previous year, and the credit goes to good South-West monsoon. This is in stark contrast with the go…

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Poor upcountry demand: Turmeric Prices going down

Due to the poor upcountry demand, the turmeric prices at Erode markets have come down by more than Rs 400 a quintal within the span of a week. As per information, the buyers only p…

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Farmers forced to sell pulses below MSP in Rajasthan

Farmers in Rajasthan is forced to sell pulses at lower prices in the domestic market as the government is yet to start to purchase their produce at the Minimum Support Price (MSP).…

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Pest Infestation: Sugar Production in Maharashtra declines

The Sugarcane crop in the South and Central Maharashtra is suffering from extensive damage due to pest attacks and the output is expected to decline by about 10 to 15 percent which…

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Soybean acreage declines in Madhya Pradesh

The area under Soybean cultivation in Madhya Pradesh has declined to 5 million hectares in 2017 Kharif season due to lower productivity. During the period of 2013 and 2015, the pr…

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Raw Sugar Entering India via Southern Ports

The government allowed import of 3 lakh metric tonnes of raw sugar through southern ports of country at concessional duty of 25 per cent to augment domestic supplies ahead of the f…

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Nestle might soon pour fortified Milk in our glasses

After fortification of Iron(Fe) in Maggie. Nestle is now planning to launch fortified milk with micronutrients soon. Nestle has been focusing much on Nutrition, health and wellness…

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SLCM turns 8 this year

Sohan Lal Commodity Management Pvt. Ltd. (SLCM) is celebrating its 8th Foundation day this month. Founded on 13th August 2009, SLCM has in a short span of time emerged as a leader …

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Jeera's (Cumin) spiced up prices ahead of festive season

India the main producer and consumer of cumin, produces 70% of the world supply and consumes 90% of that which means that India consumes 63% of the world's cumin. Other producers a…

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Maharashtra unwilling to crush their sugarcanes early

Sugar mills in Maharashtra are unlikely to start operation from early October as suggested and advised by the government and industry few weeks back. Sugarcane is generally crushed…

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Import duty hiked for Palm Oil

The government has taken a wise step to restrict the cheaper imports of palm oil from Malaysia and Indonesia by raising the Import Duty on crude palm oil to 15 per cent from 7(poin…

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soyabean acreage feel short this kharif season

As per government data, soybean planting fell 10.4% to 99 lakh hectares compared with the same period last year. Last year, the acreage was 110 lakh hectares. Kharif sowing of soyb…

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Rubber’s production and consumption on rise

Consumption of Natural Rubber (NR) has increased from 994,415 tonne in 2015-16 to 1044,075 tonne in 2016-17 due to rise in the demand of auto tyre sector. Production of NR in th…

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Central Govt Raises Sugar Import Duty to 50%

The Central government has raised the import duty on sugar to 50 per cent from 40 per cent to curb the dumping of cheaper supplies from abroad and maintain domestic prices. The …

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Gur Price Down in Muzaffarnagar on GST Row

Amid confusion over GST, Muzaffarnagar gur market, a key trading centre in Uttar Pradesh, witnessed a sluggish demand on Wednesday. Though, GST council has declared zero taxes o…

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India’s Wheat Market May Gain Support On Firm Global Cues

Wheat prices are likely to move forward in Indian markets tracking improved demand from flour mills and firm cues from global markets. The weather reports from America and Australi…

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Sugar Prices Stay Nearly Steady On Selling Pressure

Sugar prices stayed nearly steady in the key physical markets of Mumbai, Delhi and Muzaffarnagar on Monday amid selling pressure increased due to GST. The GST council has announced…

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Soybean Prices Gain On Improved Crushing Demand

The spot prices of soybean gained in the benchmark market of Indore in Madhya Pradesh on Monday tracking good demand from mills and firm cues from domestic future market which was …

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Spot Wheat Trades Firm In MP; Futures Down

Wheat prices were firm in the major grain markets of Madhya Pradesh, the second largest wheat grower in the country, due to weak arrivals while demand from local flour mills improv…

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