• posted by IMV |
  • 21/8/2018

Fundamental Aspect:Chana future price settled higher mainly on improved physical demand as stocks are diminishing from the stockiest. It touched 3 weeks’ high due to improvement in demand from the bulk buyers. Earlier, chana surged during July as government has extended the imports ban for dry peas for three more months. It is applicable for all peas. There are reports that government approved a proposal to sell pulses at discounted rates to...

  • posted by IMV |
  • 20/8/2018

Fundamental Aspect:Guar future price are expected to trade higher due to slow down in guar acreage noticed as compare to corresponding year added some positive sentiment in market. Low water level in canal system and deficit in Rainfall in Jaiselmer (-31%) , Hanumangarh (-48%),Jalor(-52%)Barmer (-50%)and pali with (-38%). Rajasthan state agriculture department has set the target of guar acreage for year 2018-19 up to 35 Lakh hectares but seeing...

  • posted by IMV |
  • 17/8/2018

Fundamental AspectMenthe oil prices are likely to trade with range bound during past couple of days following the mix fundamental factors. Spot markets witnessed sluggish demand amid adequate supply put pressure in prices. Weaker Rupee against the US Dollar added put pressure in market .Hence from derivative analysis improve in volume and fell open interest along with prices is indicating range bound is expected for the day.Chana future settled...

  • posted by IMV |
  • 16/8/2018

Fundamental Aspect:Soybean future prices settled the session lower due to fresh selling witnessed by the market participants on forecast of good rains in the central India after a brief dry spell. The area under soybean in the country increased by 9% reported at 11.1 lakh ha as of last week compared to last year sowing, data released by the farm ministry. Moreover, Government has increased the export incentives on soy meal to 10% of the...

  • posted by IMV |
  • 14/8/2018

Fundamental Aspect:Chana futures settled the session higher supported by good demand in physical market. Earlier, chana surged during July as government has extended the imports ban for dry peas for three more months. New notification says that pea import can't take place till 30 Sep 2018. It is applicable for all peas. It surged 24.3% or Rs. 858 per quintal in July. There are reports that government approved a proposal to sell pulses at...

  • posted by IMV |
  • 13/8/2018

Fundamental Aspect:Soybean future price settled the weak with lower bias as market participants forecast of good rains in the central India after a brief dry spell. The area under soybean in the country increased by 10.6% at 10.9 lakh ha as of last week compared to last year sowing, according to data released by the farm ministry. Moreover, the arrivals have also declined by about 38% in July to 2.55 lakh tones compared to last year same month...

  • posted by IMV |
  • 10/8/2018

Fundamenal Aspect:Mentha oil prices showed strong recovery from its recent bottom on the back of strong demand seen against low supply in the spot market supported the prices. Some Recovery sees in Rupee against the dollar which expected to improve the Mentha oil demand in International market. For the day we expect prices likely to trade higher due to strong fundamentals which may likely to keep supporting in near term.Guar future price...

  • posted by IMV |
  • 09/8/2018

Fundamental Aspect:Mentha oil prices witnessed strong recovery from its recent bottom on the back of strong demand seen against low supply in the spot market supported the prices. Some Recovery sees in Rupee against the dollar which expected to improve the Mentha oil demand in International market. For the day we expect prices likely to trade higher due to strong fundamentals which may likely to keep supporting in near term.Chana future prices...

  • posted by IMV |
  • 08/8/2018

Fundamental AspectJeera futures prices edged lower mainly due to profit booking by the market participants from higher levels. New season crop supported by improved physical and export demand. Jeera prices surged more than 9.2% last month (July) on higher exports from China and Bangladesh due to restricted supplies from Syria. According to export data released by Commerce ministry, exports in May surged 96% on year to 27,790 tones.Chana future...

  • posted by IMV |
  • 07/8/2018

Fundamental Aspect:Castor seed futures prices traded with weak note on profit booking after the recent gains may weigh down the prices. However, loss will be limited and prices to trade higher for rest of the trade. Sowing activities is been very dull in the current season and only half of last year area is covered till date. Lack of sowing interest for castor may be due to the higher MSP prices of other crops. Rainfall is likely to be isolated...