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
The government is being forced to increase purchases of pulses and oilseeds at their respective minimum support prices (MSPs) because the mandi prices of most of these products are below these MSPs. Trade sources attribute the decline in market prices to liberal imports and encouraging harvest prospects. In contrast to the MSP of Rs 7550/quintal…
Jeera prices increased slightly by 0.13% to 22,585, driven by domestic demand and export activity, especially from Gulf countries. However, supply constraints, including limited arrivals from Rajasthan and a delayed new crop in Gujarat, also contributed to the increase. India’s cumin production for 2023-24 is estimated at 8.6 lakh tonnes, a significant increase from the…
Turmeric prices rose by 1.05% to 13,280 due to lower-than-expected arrivals and strong buying interest. Positive export trends supported the price increase, with shipments reaching a four-year high. However, untimely rains impacting yields in the Nanded region have affected production, with an expected 10-15% decline in productivity. From April to December 2024, turmeric exports surged…
The Indian government has made it mandatory for the wheat industry and trade to declare their weekly stock position on a portal starting April 1. The existing stock limit on wheat will expire on March 31, 2025. The Department of Consumer Affairs stated that traders, wholesalers, retailers, big chain retailers, and processors must declare their…
India’s oilseed sector is experiencing significant changes due to production estimates, trade dynamics, and global policies. The government predicts a record soybean output of 15.1 million tonnes for 2024-25, while industry estimates are lower at 12.6 million tonnes due to reduced sowing. The government has increased MSP procurement under the Price Support Scheme to stabilize…
India recorded a record rice production in the 2024-25 crop year, with kharif rice output reaching 1,206.79 lakh tonnes and rabi rice at 157.58 lakh tonnes. This marks a sharp increase in kharif rice by 74.20 lakh tonnes compared to the previous year. The government procured 75.80 million tonnes of paddy, bolstering domestic stocks and…
Turmeric prices rose by 2.45% to ₹13,394, driven by lower-than-expected arrivals and strong buying interest. Export performance was positive, with shipments reaching a four-year high. From April to December 2024, turmeric exports rose 13%, reaching 1,36,921 tonnes. December saw a 46.94% YoY surge, reflecting global demand. However, new crop yields are projected to be 10-15%…
Jeera prices have declined by 0.46% to ₹21,450 due to weak demand and ample carry-forward stocks. Farmers hold around 20 lakh bags, with only 3-4 lakh expected to be traded by season-end. The Spices Board reports 2023-24 production at 8.6 lakh tonnes, up from 5.77 lakh tonnes last year. Domestic demand and export activity, particularly…
India’s oil meal exports fell 12.39% to 39.33 lakh tonnes during April-February 2024-25, primarily due to declining demand for rapeseed meals and an oversupply of soybean meal globally. Rapeseed meal exports dropped 17.53%, while castor seed meal exports fell 21.44%. The de-oiled rice bran export ban since August 2023 further impacted domestic prices. Soybean meal…
Jeera prices increased by 0.24% to settle at 20,830, driven by a delayed start to the new crop in Gujarat due to unfavorable weather. Sowing in major producing regions like Gujarat and Rajasthan began a month late, tightening early supplies. However, upside momentum was limited by subdued demand and sufficient carry-forward stocks. Farmers hold around…
