Jeera futures hit fresh record high on fall in production in 2021-22 rabi season. Coriander and turmeric futures were up on short-covering, however gains were limited on tepid demand. Production of spices in India is likely to have declined 1.5% on year to 10.9 mln tn in 2021-22 (Jul-Jun), according to data from Spices Board Read More
Jeera September futures on NCDEX was shy of hitting all time high on Friday on lower production estimates, while short covering moves were witnessed in coriander and turmeric futures. Production of spices in India is likely to have declined 1.5% on year to 10.9 mln tn in 2021-22 (Jul-Jun), according to data from Spices Board Read More
Sentiments were weak in the spices complex on NCDEX on Monday. Jeera futures hit its lowest level in two weeks on spot cues, while tepid demand weighed on coriander and turmeric futures. As per Andhra Pradesh agricultural department, as on 27th July Turmeric sowing activity completed around 7,958 hectares as compared to last year same Read More
Steady to weak sentiments were witnessed in NCDEX spices complex on Friday as well. Jeera and coriander futured ended down, while turmeric futures posted gains. Short covering moves were witnessed in turmeric, while subdued demand weighed on coriander futures. As per Andhra Pradesh agricultural department, as on 27th July Turmeric sowing activity completed around 7,958 Read More
Profit booking continued in NCDEX Jeera futures on Wednesday, it shed more than one percent. Coriander futures slipped more than two per cent on tepid demand and so was turmeric futures, which lost more than one per cent on subdued domestic and overseas demand. As per Andhra Pradesh agricultural department, as on 27th July Turmeric Read More
Spices complex traded steady to weak on Tuesday. Turmeric futures slipped more than two per cent on subdued demand, while jeera ended down on profit booking after rallying to record high the other day. Coriander futures ended rather flat on steady demand. As per Andhra Pradesh agricultural department, as on 27th July Turmeric sowing activity Read More
Sentiments were sanguine in the NCDEX spices complex on Monday. Jeera futures climbed to fresh record high on concerns over fall in production. Turmeric futures inched higher to end about one per cent up, while coriander trimmed initial gains to end session in green. Steady demand lend support. According to fourth advanced estimates by Gujarat Read More
Choppy moves were witnessed in NCDEX spices complex and ended Thursday’s session in green. Forecast of lower production lifted jeera futures, while steady demand supported coriander and turmeric futures. According to fourth advanced estimates by Gujarat government, jeera production is seen fall by 44.5 per cent to 221500 tonnes in 2021-22 on yoy basis, while Read More
Spices pared initial losses to end Tuesday’s session in green on NCDEX. Jeera futures reversed losses and rose after rains affected supplies to the spot market. Coriander futures were up on short covering after the recent fall, while in the spot market it traded steady. Turmeric futures gained the most, by more than one per Read More
Turmeric futures stretched losses on lackluster demand and progress in sowing. According to fourth advanced estimates by Gujarat government, jeera production is seen fall by 44.5 per cent to 221500 tonnes in 2021-22 on yoy basis, while that of coriander is seen at 208090 tonnes, down by 5.9 per cent during the same time period. Read More
Mixed trend was seen in NCDEX spices complex on Friday. Jeera futures hit fresh record highs before trimming gains to end the session flat, while coriander and turmeric futures ended down by more than more per cent respectively. According to fourth advanced estimates by Gujarat government, jeera production is seen fall by 44.5 per cent Read More
Mixed moves continued in spices complex on NCDEX. On Wednesday, jeera and coriander futures inched down while turmeric futures gained more than one per cent on firm demand. Jeera futures came under profit booking after hitting record highs, while coriander futures came under pressure from rise in arrivals and tepid demand. The National Commodity & Read More
Red Chilli prices have crashed in Andhra Pradesh and Telangana. Good domestic production along with a good crop in Pakistan is the main reason behind this sharp fall. Premium Verities (Byadgi and Devam) are being quoted at Rs. 7,000-8,000 per quintal, lower than last year’s Rs. 12,000 per quintal
Spices complex was in red on Friday. Profit booking was seen in jeera futures after rising to three month highs, while tepid demand dragged down coriander and turmeric futures. The National Commodity & Derivatives Exchange has received approval from the Securities and Exchange Board of India to launch options in goods contracts on turmeric, jeera Read More
The National Agricultural Cooperative Marketing Federation of India is likely to miss its tur procurement target for the year ending in September, under the price stabilisation fund scheme, an official with the agency said. India received 4.7 mm rainfall, 33% below the normal weighted average of 7.0 mm, according to data released by the India Read More
The National Agricultural Cooperative Marketing Federation of India is likely to miss its tur procurement target for the year ending in September, under the price stabilisation fund scheme, an official with the agency said. India received 4.7 mm rainfall, 33% below the normal weighted average of 7.0 mm, according to data released by the India Read More
The National Agricultural Cooperative Marketing Federation of India is likely to miss its tur procurement target for the year ending in September, under the price stabilisation fund scheme, an official with the agency said. India received 4.7 mm rainfall, 33% below the normal weighted average of 7.0 mm, according to data released by the India Read More
India received 12.3 mm rainfall yesterday, 47% above the normal weighted average of 8.4 mm, according to data released by the India Meteorological Department. Since Jun 1, rainfall in India has been normal at 213.0 mm. The government has extended the exemption of basic customs duty and agriculture infrastructure and development cess on the import Read More
Grains will account for 50% of ethanol production by 2025, Food Secretary Sudhanshu Pandey said at a conference of state food ministers on food and nutrition security. States need to focus to increase paddy sowing for 2022-23 (Jul-Jun) kharif season to meet international demand, food minister Piyush Goyal said at conference of state food ministers Read More
The southwest monsoon has covered the entire country today, six days ahead of its normal date of Jul 8, the India Meteorological Department said. India is expected to receive normal monsoon rainfall in July at 94-106% of the long period average, the India Meteorological Department said. UK-based Cotton Outlook has revised downward its estimate for Read More
