Welcome to the Mandi Market tracker, we constantly support traders to analyze the rise and fall of the market for ten categories on the daily basis. We analyze and display the beginning value of the market on the morning updates and the Ending value on the evening updates. We examine the everyday trends for these categories and flash them as push notifications in our mobile applications and our success rate is above 80 percent. Play Store
As traders struggled with worries about short-term supply shortages, cotton prices, depicted as Cotton Candy, finished up 0.25% at 57000. The certified cotton stocks, deliverable against the contract, have decreased from their previous peak on December 1st to 6,325 bales on December 5th, indicating a tightening supply scenario. The International Cotton Advisory Committee (ICAC) predicts…
Jeera prices increased by 0.81% to close at 39350, propelled by buyers’ desire to purchase after a recent decrease in value. The upside, however, is expected to be constrained because of sufficient soil moisture and excellent weather for crop growth. When compared to the same period in 2022, Gujarat’s jeera seeding has grown significantly, rising…
The Cotton Association of India (CAI) revised its estimate of cotton production for the current 2023/2024 season to 29.4 million bales, which caused cotton prices, as represented by Cotton candy, to rise by 0.85% and settle at 56860. The harm caused by pink bollworm infestation and farmers uprooting plants in Haryana is cited as the…
Cotton prices, as measured by Cotton candy, fell by -0.7% to settle at 56380, primarily due to a pessimistic forecast for the world cotton market. For the second year in a row, the International Cotton Advisory Committee (ICAC) predicted that worldwide cotton production would be surplus due to production exceeding consumption. In the 2023–2024 season,…
A notable loss was experienced by jeera, or cumin, which dropped by -5.98% to close at 41475. The decrease is ascribed to excellent meteorological circumstances that facilitate sufficient soil moisture for agricultural sowing operations. As a result of stockists’ desire to purchase despite the recent price decline, the negative is lessened. An encouraging aspect of…
Cotton candy prices saw a little increase of 0.07%, ultimately settling at 57240. This increase was mostly driven by the Cotton Association of India’s (CAI) revised downward projection of cotton production for the current 2023–2024 season. Concerns about decreased cotton output were exacerbated by the revision, which mentioned damage in Haryana caused by pink bollworm…
Although the kharif season 2023–24 was hampered by flooding in July and August, Punjab is anticipating a record harvest of paddy grain, according to officials. The food bowl of the nation, as the state is called, anticipates paddy output to surpass 205 lakh metric tons, with an average yield that is more than four quintals…
Due to predictions that OPEC+ would expand or intensify production restrictions, crude oil prices ended the day up 1.17% at 6488. Market anticipation has increased due to ongoing discussions within OPEC+ about the oil policy for 2024; there is no anticipated delay to the planned meeting on Thursday. Previous difficult OPEC+ production quota discussions, most…
Turmeric prices fell -2.45%, closing at 12910, as purchasing activity decreased in advance of the anticipated release of stockpiles ahead of the fresh crops in January 2024. The better crop conditions brought about by the excellent weather added to the pressure on pricing. Maharashtra farmers’ attitudes were affected when they learned that Prime Minister Modi’s…
Cottoncandy’s price of cotton saw a slight uptick of 0.11%, ultimately settling at 57160. The Cotton Association of India (CAI) revised its cotton output estimate for the current 2023/2024 season to 29.4 million bales, which is credited with the upswing. The amendment mentioned plant uprooting by farmers and infestations of pink bollworms as causes of…
