Coriander up in Kota as demand rises amid low supply

Prices of coriander rose in Kota today due to a fall in arrivals coupled with an increase in demand from spice makers due to better quality of the crop. However, supplies are likely to gain pace in coming days with an increase in harvesting activity. The most active April contract of coriander on NCDEX traded 0.9% higher.

Russia decreased palm oil imports by 40%

In December 2017, Russian palm oil imports hit a seven-year low of 22.7 KMT, down more than 35% from the previous month. In the first four months of 2017/18, palm oil purchases decreased almost 40% to 224.7 KMT against 373.3 KMT a year. The current marketing year continues witnessing a downward trend in Russian palm oil imports, which have already dropped to an eight-year low.

Soybean harvest speeds up in Mato Grosso (Brazil)

The soybean harvest in the Brazilian state of Mato Grosso, the largest producer of the oilseed, reached 58.3% of the planted surface. In one week, there was an advance of 13.34 percentage points, but there is still a delay compared to the previous crop season. In one week, there was an advance of 13.34 percentage points, but there is still a delay compared to the previous crop season.