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Category: NCDEX Market

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

  • NCDEX Market

Turmeric Prices Dropped During the End of the Harvest Season Due to Increased Supply

Mahalakshmi@fastura.com2 years ago02 mins

Due mostly to an increase in supply signaling the end of the harvesting season, turmeric prices saw a notable fall of -6% yesterday, closing at 18648. However, the bad news was that farmers chose to hoard supplies in expectation of additional price increases, so the damage was minimal. In addition, the nation’s ongoing heat wave…

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  • NCDEX Market

The demand for the removal of the floor price for basmati exports is increasing

Mahalakshmi@fastura.com2 years ago02 mins

Exporters have sought removal of the minimum export price (MEP) of $950/tonne for basmati rice to maintain the export momentum this fiscal, taking into account large stocks and bumper harvest forecast. They said prices of the aromatic and long grain have gone down in the domestic as well as global markets. In FY24, India exported…

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  • NCDEX Market

Cotton Declined Due to Weak Milling Demand

Mahalakshmi@fastura.com2 years ago2 years ago02 mins

Due to worries about weak milling demand amid a slowdown in yarn demand worldwide, cotton candy prices fell by 1% to close at 57700. The drawback was, however, minimal because purchasers in Bangladesh and Vietnam continued to have a high demand for India’s cotton. For the upcoming season of 2024–2025, the International Cotton Advisory Committee…

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  • NCDEX Market

Centre may impose stock holding limit on chana

Mahalakshmi@fastura.com2 years ago2 years ago02 mins

With the mandi prices of chana (gram) hovering around 35% above the minimum support price (MSP) due to a drop in output, the government may impose a stock holding limit on the pulses variety, which accounts for 50% of the country’s pulses production. Sources told FE mandi prices have witnessed a sharp spike in the…

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  • NCDEX Market

Jeera Prices Increased When the Arrival Pace Began to Decelerate

Mahalakshmi@fastura.com2 years ago02 mins

Jeera prices had a slight increase of 0.2%, ultimately reaching 29,390. This increase was mostly caused by a deceleration in the rate of arrivals, as farmers and stockists withheld their inventory in anticipation of higher prices. The first week of May saw a modest increase in jeera arrivals at major APMC mandis throughout India when…

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  • NCDEX Market

Cotton Increases Due To India’s Need Cotton’s Demand Remains High

Mahalakshmi@fastura.com2 years ago02 mins

Prices for cotton candy rose by 0.93% to settle at 56,500, fueled by strong demand from important customers like Bangladesh and Vietnam for Indian cotton. Nevertheless, the limited worldwide yarn demand coupled with a slowing milling demand restrained the upside. A stronger crop in nations like Australia may have moderated the upward trend. For the…

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  • NCDEX Market

Turmeric prices increased as farmers held back supplies

Mahalakshmi@fastura.com2 years ago02 mins

As farmers clung to their stocks in anticipation of future price increases, turmeric prices yesterday jumped by 3.67% to settle at 19,648. Prices are expected to be supported further by the ongoing heatwave in India, which might harm crop production and exacerbate supply shortages. With more heatwave days predicted for May than normal, the India…

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  • NCDEX Market

Jeera Prices Increased When the Arrival Pace Began to Decelerate

Mahalakshmi@fastura.com2 years ago02 mins

The slowing in the speed of arrivals caused stockists and farmers to hold off on releasing their stockpiles in the face of higher price realization, which caused jeera prices to rise by 6% yesterday and close at 29,510. There was a slight increase in the arrival of jeera in major APMC mandis in India, suggesting…

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  • NCDEX Market

India is on track to break the record for wheat procurement last year

Mahalakshmi@fastura.com2 years ago03 mins

In the next few days, government agencies are expected to acquire more wheat than they did the previous year 262 lakh tonnes as of Saturday. As of now, purchases have reached about 261 lakh tonnes. The total is anticipated to not meet the initial estimate of 300–310 lakh tonnes. Madhya Pradesh has extended its procurement…

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  • NCDEX Market

Jeera Prices Increased When the Arrival Pace Began to Decelerate

Mahalakshmi@fastura.com2 years ago02 mins

Jeera prices increased 2.85% to settle at 27,830, mostly due to a decrease in arrivals and a refusal on the part of farmers and stockists to release their supplies at the existing rates. Because of this careful approach, supply became more limited, which helped drive up prices. While it was a little rise from the…

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