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
Telangana, the third-largest cotton-producing State in the nation, increased its cotton production by 33% from 18.85 lakh tonnes (lt) in 2015. This is right despite the crop’s area not significantly expanding. 19 lakh hectares (lh) of cotton were planted over the time period, a 12 percent increase from 17 lh. The state’s ability to export…
The Cotton Association of India (CAI), a trade organization, has reduced its projections for cotton crop production even further, from 330.50 lakh bales forecast last month to 321.50 lakh bales (170 kg) for the current season (October 2022–September 2023). The revised estimate coincides with the Ministry of Agriculture’s Tuesday reduction of its cotton crop forecast…
The industry anticipates that soya meal shipments would more than double to 14 lakh tonnes (lt) in the current oil season (October 2022–September 2023) due to the recovery in demand for Indian soya meal, particularly from SouthEast Asian and Far Eastern countries. Exports of soya meals are off to a good start. Shipments climbed by…
Over the past few days, raw coffee prices have increased, bringing some respite to struggling growers. As a result, rather than selling their beans “outright,” the bulk of growers are turning to “consignment sales.”Growers are holding their products with coffee curers through consignment sales in anticipation of future price increases. Stakeholders claimed that the crop…
The Multi Commodity Exchange of India will restart trading in cotton futures on Monday after a five-month suspension. To better coincide with domestic markets, the cotton futures were redesigned and suspended. Trading will be possible in cotton futures for April, June, and August deliveries. The cotton market could benefit from support, according to experts, once…
Private weather forecaster Skymet has stated that the lack of rain is diminishing the atmospheric moisture levels and causing the heat stress to increase, which is harmful to winter-grown cereal. This is happening three weeks before grain filling begins in the wheat in much of northern India. However, early sowing of the wheat crop in…
According to the chairman of the Food Corporation of India (FCI), the government body that buys grains from farmers at the minimum support price, 42% of the wheat the government sold in the open market through its first tender last week was purchased by flour mills that create atta and maida. Wheat processors anticipate that…
Extra-long staple cotton, a specialty crop with strong demand in the textile sector, was given a huge boost by the host of initiatives Finance Minister Nirmala Sitharaman announced for increased productivity and improved rewards to farmers. “We will use public-private partnerships (PPP) to adopt a cluster-based and value chain approach to increase the productivity of…
Due to lower arrival quality and rumors of a larger crop, turmeric prices have fallen to about 5,000 per quintal in some areas of Maharashtra. Due to significant stockpiles held by consumers and stockists, prices in other regions of the country are generally lower than they were during the same time last year. Turmeric prices…
The Food Corporation of India (FCI) has chosen to launch the first tender on Friday, one day after the central government made the decision to sell 3 million tonnes (mt) of wheat that was in official reserves on the open market. The actual online auction could happen on February 1. According to sources in the…
