• posted by IMV |
  • 25/5/2018

Fundamental Aspect:Chana futures prices traded with lacklustre activity in past couple of days as Government is trying to support prices by removing export restrictions and procuring at MSP however, on the other hand anticipation of better monsoon amid higher production capped any sharp gain in prices. Government restricted import of yellow peas, a substitute added in the Chana flour till June end to support Chana prices in domestic market....

  • posted by IMV |
  • 24/5/2018

Fundamental Aspect:Soybean future prices traded a bit volatile with positive bias as market participants taking fresh positions in the next contract. Moreover, there is expectation of better demand for crushing from oil mills as govt is planning to hike import duties of soft oil like soy oil, rape oil and sunflower oil. As per the trade source, lower arrivals in the physical market also supporting the prices to stay with firm note. Production...

  • posted by IMV |
  • 23/5/2018

Fundamental Aspect:Dhania future prices traded moderately lower on good supply side due to peak harvesting season. However, expectations of good buying activities from lower levels may likely to support dhaniya prices in near term. Cheaper imports from other nations are resulting in limited demand for the domestic stocks amid higher availability. Production in the current season is seen falling by around 30% Y/Y due to shift in acreage and this...

  • posted by IMV |
  • 22/5/2018

Fundamental Aspect:Dhania future prices traded moderately lower on good supply side due to peak harvesting season. However, expectations of good buying activities from lower levels may likely to support dhaniya prices in near term. Cheaper imports from other nations are resulting in limited demand for the domestic stocks amid higher availability. Production in the current season is seen falling by around 30% Y/Y due to shift in acreage and this...

  • posted by IMV |
  • 21/5/2018

Fundamental Aspect:Turmeric future prices traded with negative bias from last couple of week on the back of positive monsoon onset and performance forecasts that are favourable for the higher crop area. However, major loss may be capped on expectations of good buying activity for the fresh crop at the spot markets. Supplies at the spot market also gradually declining as lean season is approaching. Good upcountry demand is seen at the spot markets...

  • posted by IMV |
  • 18/5/2018

Fundamental Aspect:RM Seed futures prices are expected to trade sideways higher as lowering stocks at physical market may support the prices further. Moreover, improved export demand of meal and weaker production outlook for year 2017-18 could cap any excessive falls in prices near term. Ongoing procurement of mustard seed by Haryana, Madhya Pradesh and Rajasthan state government at MSP of Rs.4000 per quintal is also likely to cap excessive...

  • posted by IMV |
  • 17/5/2018

Fundamental Aspect:Chana future prices traded marginally lower due to profit booking after it surged about 3% in previous session. Recently, government restricted import of yellow peas, a substitute added in the Chana flour till June end to support Chana prices in domestic market. Madhya Pradesh and Chhattisgarh government announce bonus for Chana procurement over and above this MSP prices. Government is trying to support prices by removing...

  • posted by IMV |
  • 16/5/2018

Fundamental Aspect:Guar complex recovered sharply from its recent bottom witnessing rising demand amid poor supply, which is supporting the prices. Since weather department had projected early onset on monsoon, we may see demand for the seed from farmers for the sowing purpose. Rising crude oil prices also seeking the demand of gum in physical market as gum is largely used as emulsifier in drilling activities. It estimated that guar seed...

  • posted by IMV |
  • 15/5/2018

Fundamental Aspect:Eyes on IMD’s monsoon projection due today….Mentha oil futures declined as speculators trimmed their positions, driven by subdued demand from consuming industries at the spot market. Besides, ample stocks position on higher supplies from major producing belt of Chandausi in Uttar Pradesh too fuelled the downtrend.Guar complex are likely to trade in a limited range today due to sluggish demand noticed in the physical market....

  • posted by IMV |
  • 14/5/2018

Fundamental Aspect:Guar complex are likely to trade in a limited range today due to sluggish demand noticed in the physical market. However, higher arrivals witnessing in the spot market also weighted down the sentiment of its prices. Eyes on IMD’s monsoon projection due on 15th May which will be a major factor in coming days for guar seed. Crude oil prices also retreated from its recent peak affects the demand of gum in physical market as gum is...