All eyes are on Odisha and Madhya Pradesh, who combined contributed over 13% to the Central Pool last year, to make up for the deficit in Uttar Pradesh and Punjab, as overall rice procurement has increased by 11% so far this season. As the procurement in the State is projected to be on par with…
The National Commodity and Derivatives Exchange (NCDEX), which established the Turmeric Product Advisory Committee (PAC), has stated that futures trading ensures transparent price discovery for all participants in the commodity value chain and that future prices serve as a benchmark for physical trade as well. The PAC report was released in response to some dealers…
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…
