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
With demand reducing amid a slowdown in the global economy, cotton prices in the `international market are set to come under pressure, experts have said. “There is no demand for yarn from the spinning mills. They are losing about ₹30-40 a kg in yarn sales. But stocks are limited with them. This is stopping the…
India’s coconut and product exports in 2021-22 totaled ₹3,237 crore on the back of increased shipments of activated carbon. Shipments reported a growth of more than 41 per cent against ₹2,295 crore in the 2020-21 fiscal year. Activated carbon collected an export revenue of ₹2,064 crore with a shipment of 1,37,363 tonnes. According to official…
Natural rubber prices have declined in the Kottayam market,the trade centre, over the past couple of days largely on global cues and partly due to the unusually weak South-West monsoon in Kerala. The near absence of rains is helping uninterrupted harvesting. Nearly 70% of India’s natural rubber supply comes from Kerala. As per the usual…
The Union Cabinet on Wednesday approved 4% to 9% increase in the Minimum Support Prices (MSPs) of kharif crops for the 2022-23 crop year (July-June) with sowing just starting on the onset of the monsoon. The benchmark rates have been fixed to increase farmers’ income as the guiding principle of 50% profit over cost has…
Exports of wheat flours have witnessed a sudden spike in the after the ban the outbound shipment of wheat, indicating that many traders may be using this route to beat the ban on the grain’s exports. The spike is likely to alarm the government, which has already tightened its scrutiny of wheat shipments. Wheat flour…
Central government may announce increases in minimum support prices (MSP) for the summer crops in 2022-23 year soon, taking into consideration a sharp rise in costs of farming inputs. The MSP increases this year could roughly be in the range of 5-20%, the highest since 2018-19 when a new policy of 50% profits over computed…
The government’s wheat procurement in the current year down by more than 54% on year to 18.65 million tonne (mt) till Tuesday. With an arrival of only around 81,000 tonne of wheat on Tuesday in mandies mostly in Uttar Pradesh and Madhya Pradesh, purchase of the grain by the Food Corporation of India (FCI) and…
Coconut oil manufacturers are doubtful about a rally in prices, at least in the short term, at a time when rival edible oils are moving high. The excess production in the growing regions for the fall, thanks to good climatic conditions in the last two harvest seasons. The industry people expect the current harvest also…
The comments come on the heels of talks in the global market that after banning wheat exports and limiting sugar shipments, the Indian government could next target Non-Basmati rice. The Indian government has no plans to ban rice (Non-Basmati) exports or announce any curbs on its shipments, two officials involved in the decision making have…
Chana procurement increased to 20.41 lakh tonnes (lt) on Monday. Maharashtra, so far, tops the list of States with over 6.61 lt having been procured, closely followed by Madhya Pradesh at 6.13 lt and Gujarat at 5.35 lt. Procurement of chana at minimum support price (MSP) by organizations such as NAFED and FCI has crossed…
