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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

“Cotton arrivals increasing in India, prices expected to decline”

Mahalakshmi@fastura.com3 years ago02 mins

In comparison to its predictions made in December 2022, the International Cotton Advisory Committee (ICAC) Tuesday reduced its outlook for cotton prices globally. According to ICAC’s May projection, the season’s average price is expected to range between 96.1 and 111.3 cents per pound, with 102.77 cents being the middle. This is less than the midpoint…

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  • NCDEX Market

On concerns about the crops, Jeera crossed the 43000 level

Mahalakshmi@fastura.com4 years ago03 mins

As crop concerns develop as a result of unseasonal rains and hailstorms in Rajasthan, the state that produces the majority of jeera, the price of the spice yesterday increased by 5.81% to 43045. Demand from domestic and international purchasers has increased as a result of the market’s expectation of a lower yield and quality of…

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  • NCDEX Market

In India, the consumption of cotton decreased while output increased

Mahalakshmi@fastura.com4 years ago03 mins

Cotton prices dropped by 0.29% to 62640 as the market was pressured by the likelihood of increased output and decreased consumption in India. The Cotton Association of India (CAI) predicts that the country’s cotton production will rise by 19.3% to 360.2 lakh bales (each weighing 170 kg) for the crop year 2022–2023 from 302 lakh…

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  • NCDEX Market

On profit booking and a large trading margin on the exchange, jeera prices decline

Mahalakshmi@fastura.com4 years ago03 mins

On Tuesday, profit booking and weaker demand at higher levels caused NCDEX jeera (cumin) futures to fall below 39,500 a quintal. Prior to a few weeks ago, jeera prices had risen to around $42,000 per quintal due to crop damage brought on by weather-related events that reduced yield and strong demand from both domestic and…

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  • NCDEX Market

Prices for soyabeans have decreased by about 6% since 2023

Mahalakshmi@fastura.com4 years ago03 mins

Due to India’s increased soybean carryover stock of 3 million metric tonnes (MMT) and higher output of 12.33 MMT for the crop year 2022–23, soybean prices have fallen by about 6% so far in 2023. This is a result of favorable weather, expanded agricultural land, and higher crop yield potential. The volume of commodities supplied…

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  • NCDEX Market

Over 3% of mustard seed prices fell dramatically, settling at 5368 levels

Mahalakshmi@fastura.com4 years ago04 mins

The price of mustard seeds declined significantly during the last week, dropping by more than 3% to settle at levels of 5368. This was mostly brought on by negative elements such as higher carryforward stock, bumper crops, more arrivals, and higher imports of edible oil. In comparison to the typical level of 1.5–1.8 MMT, the…

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  • NCDEX Market

Due to low demand, turmeric is still under pressure

Mahalakshmi@fastura.com4 years ago03 mins

Due to the local market’s ample supplies and the muted demand, turmeric prices yesterday declined by -0.06% to 6696. Due to increasing deliveries in important trading centers, Millers’ stockists are in a wait-and-watch mode. Arrivals of the fresh crop have increased; as of now, 7-8 lakh bags have entered the Nizamabad market, compared to 7…

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  • NCDEX Market

Jeera prices increased as crop worries increased as a result of the unseasonal rains

Mahalakshmi@fastura.com4 years ago03 mins

As crop worries rise as a result of unseasonal rains and hailstorms in Rajasthan, the state that produces the majority of jeera, the price of the spice yesterday increased by 0.3% to 40500. Demand from domestic and international purchasers has increased as a result of the market’s expectation of a lower yield and quality of…

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  • NCDEX Market

Due to limited supplies and high demand, cotton prices may rise to $75,000

Mahalakshmi@fastura.com4 years ago03 mins

Due to increased demand and decreased crop output in the current season, cotton prices are predicted to reach 75,000 per candy by the middle of this year. India will soon cease being a net exporter of cotton due to its high consumption, according to Atul Ganatra, president of the Cotton Association of India. With fewer…

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  • NCDEX Market

SOPA increases soyabean production due to higher yield

Mahalakshmi@fastura.com4 years ago03 mins

On the basis of improved yields, the Soyabean Processors Association of India (SOPA) has increased the harvest forecasts for the Kharif 2022 crop to 124.11 lakh tonnes. Earlier, it estimated the yield to be 120.39 lakh tonnes (lt). The upward revision was due to greater yields, which are now at 1,051 kg per hectare compared…

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