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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

“Comfortable position for wheat and rice stock”

Mahalakshmi@fastura.com4 years ago04 mins

The Government stated that the stock positions of wheat and rice are at favorable levels on Wednesday. In April, the level will exceed the buffer stock ceilings. However, compared to last month, the wholesale cost of wheat and rice is somewhat higher this month. As of November 15, according to Union Food Secretary Sanjeev Chopra,…

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  • NCDEX Market

Due to high domestic pricing, cotton exports could be impacted

Mahalakshmi@fastura.com4 years ago04 mins

Traders predict grim futures for the export of the fibre crop as domestic cotton prices continue to dominate higher than rates in the international market. At the same time as key producing regions are seeing an increase in cotton arrivals at agricultural produce marketing committee (APMC) yards, However, farmers would rather hold back their produce…

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  • NCDEX Market

2.5 million additional bales of closing cotton will be added this season.

Meena@fastura.com4 years ago02 mins

When compared to the previous season, the closing cotton stock for the 2022–23 growing season may increase by 2.5 million bales (170 kg per bale) to roughly 5.8 million bales due to lower domestic and export consumption as well as higher output driven by increased sowing area. In India, the cotton season lasts from October…

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  • NCDEX Market

Experts predict an increase of 8–10% in the price of crude palm oil

Mahalakshmi@fastura.com4 years ago03 mins

The price of crude palm oil, which has experienced extreme volatility over the past six months, is predicted to increase by 8 to 10 percent as demand for essential edible oil rises internationally. Kadir is a member of the Malaysian delegation that will be present at the two-day Global Roundtable on the Vegetable Oil and…

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  • NCDEX Market

Oilmeals export increased by 38% during April­-Oct

Mahalakshmi@fastura.com4 years ago03 mins

India recorded a surge of almost 38% in total oil meal exports from April through October of FY23 thanks to a more than 100% increase in the export of rapeseed meals. The country exported 19.84 lakh tonnes (lt) of oil meals between April and October of 2022–23, compared to 14.33 lt during the same period…

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  • NCDEX Market

Crushing of soyabeans could increase by 20% to 100 lakh tonnes this season

Mahalakshmi@fastura.com4 years ago03 mins

In the current oil year 2022–23, which begins in October, soybean crushing in the nation is anticipated to climb by roughly a fifth to 100 lakh tonnes (lt), compared to 84 lt in the previous season, due to greater availability of the oilseed due to higher output and carryover stockpiles. The Soyabean Oil Processors Association…

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  • NCDEX Market

Domestic cotton demand is anticipated to decline by 6% in the season 2022-2023

Mahalakshmi@fastura.com4 years ago02 mins

The Cotton Association of India (CAI) has anticipated that the domestic cotton demand for India for the 2022–23 season up to September will be roughly 18 lakh bales (170 kg each) lower at 300 lakh bales or nearly 6% less than last year’s 318 lakh bales. The fall in domestic consumption was ascribed to mill…

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  • NCDEX Market

Rabi sowing: Wheat is the focus as coverage increases by 10%

Mahalakshmi@fastura.com4 years ago03 mins

Due to an early start in Rajasthan and Uttar Pradesh, wheat sowing has increased by 10% as of Friday during the current rabi season. By the end of the month, the area under the cereal crop will show how much wheat will be produced, as planting in December would certainly damage the crop yield if…

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  • NCDEX Market

Higher forecasted production of oilseeds globally

Mahalakshmi@fastura.com4 years ago03 mins

In the current marketing year through August, the US Department of Agriculture (USDA) predicted a higher global production of oilseeds, but the prognosis of a 10.5 percent decline in sunflower seed in light of the Ukraine War may be cause for concern. According to the USDA, global production will total 645.61 million tonnes (mt), up…

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  • NCDEX Market

Soybean price increases as supply declines

Mahalakshmi@fastura.com4 years ago03 mins

On the strength of robust demand from crushing operations, traders, and stockists, soyabean prices, which were in a bearish mode until October’s end, have now reversed the trend. The government’s recent decision to relax the restrictions on edible oils and oilseed stock limits by exempting large chain retailers and wholesalers from the stock control order…

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