Latest Report on Sugar | Sugar Daily 20170512.pdf
Latest Report on Maize Daily | Maize_Daily 20170512.pdf
Latest Report on Maize Daily | Maize_Daily 20170512.pdf
Latest Report on Rice | Rice Daily 20170512.pdf
Latest Report on Rice | Rice Daily 20170512.pdf
USDA predicts Ukraine sunflower harvest for 2017/18 agri-year could be 13.5 million tonnes.
USDA predicts Ukraine sunflower harvest for 2017/18 agri-year could be 13.5 million tonnes.
Groundnut oils slide on low demand.
Groundnut oils slide on low demand.
Traders see mustard meal exports doubling on year to 7,000 tonne in May.
Traders see mustard meal exports doubling on year to 7,000 tonne in May.
NCDEX mustard seed up on demand from oil millers.
NCDEX mustard seed up on demand from oil millers.
Soybean prices tad up in Indore as arrivals fall.
Soybean prices tad up in Indore as arrivals fall.
Soybean Processors Association says India Oct-Apr soybean arrivals 5.9 million tonne, up 37% on year.
Soybean Processors Association says India Oct-Apr soybean arrivals 5.9 million tonne, up 37% on year.
India keeps Canadian lentil market at a standstill.
India keeps Canadian lentil market at a standstill.
Peas & Lentils export from canada increased to 76 & 12000 tonne last week.
Peas & Lentils export from canada increased to 76 & 12000 tonne last week.
Akola tur up on procurement by Maharashtra govt.
Akola tur up on procurement by Maharashtra govt.
India April pulses import at Chennai port down 45% on month.
India April pulses import at Chennai port down 45% on month.
Pulses import is bound to decrease by 1-1.1 million tonne In current marketing year.
Pulses import is bound to decrease by 1-1.1 million tonne In current marketing year.
Jaipur barley hits one-week high on rise in demand.
Jaipur barley hits one-week high on rise in demand.
Delhi chana up on demand from millers, low arrivals.
Delhi chana up on demand from millers, low arrivals.
Government considering raising paddy MSP by Rs 80 for FY18.
The government is considering raising the minimum support price (MSP) of paddy by Rs 80 per quintal to Rs 1,550 for the upcoming 2017-18 crop year starting from July. The ministry has proposed Rs 80 per quintal increase in the paddy MSP for 2017-18 crop year. The suggested MSP for the common grade is Rs 1,550 and that of the ‘A’ grade Rs 1,590. The price increase proposed for paddy, however, is slightly higher than the Rs 60 hike effected during the 2016- 17 crop year. Paddy is grown in both kharif (summer) and rabi (winter) seasons. But much of the paddy output comes from the kharif crop, sowing of which normally begins with the onset of the Southwest Monsoon.
Raw sugar prices weaken ahead of Brazil harvest data.
Raw sugar futures on ICE were slightly lower on Thursday in a modest retreat after rising for three straight sessions as the market awaited the release of Brazilian harvest data. July raw sugar fell 0.08 cent, or 0.5 percent, to 15.76 cents per lb. (1LB = 0.4535924 KG). The front month contract had risen by 2.6 percent on Wednesday. harvest data for centre-south Brazil was due to be issued by growers’ association UNICA on Thursday covering the second half of April. crush was expected to have been 26 million tonnes, down 28 percent, year-on-year.
UP government plans to bring congruency between sugar cane and sugar prices.
The issue about the sugar sector currently buzzing in the market is that there is no congruency between the sugar cane and sugar prices in the state of Uttar Pradesh. Market analysts and top honchos of sugar companies believe that the UP government is likely to fix the issue of sugarcane prices soon. Upcoming Sugar year starting on October 1 is likely to see the well balance of production and consumption of sugar. In current trading session, the sugar stocks are trading mostly higher. Dwarikesh sugar is trading higher by 1.05%. Dhampur Sugar stock is trading higher by 0.13%. Uttam Sugar is trading higher by 0.08%. Balrampur Chini stock is trading higher by 1.2%.
India no plans to allow extra sugar imports.
India, the world biggest sugar consumer, has no plans to allow extra imports of the sweetener as stocks held in mills will suffice, Food Minister Ram Vilas Paswan said on Thursday. Last month, the government allowed imports of half a million tonnes of duty-free raw sugar, as a drought cut output below consumption for the first time in seven years. Traders were speculating that the government could soon be forced to allow imports of an extra 500,000 to 1 million tonnes to meet local demand, estimated at 24-25 million tonnes a year. Local sugar prices are steady around 38,000 rupees ($590.38) a tonne despite an uptick in demand during the summer months when sales of ice cream and cold drinks soar, potentially boosting demand for sugar.