Market pulse for agro commodities : Mangal Keshav

Total arrivals of mustard seed crop stood increased to more than 6lakh bags across major trading center while spot rates were up & quoted between '34.5-'36.5 per kg based on quality & location,

Arrivals of chilli crop declined to about 0.7- 0.8lakh bags while off-take remains steady due to demand from local buyers & exporters at
auctions held at Guntur market. Spot rates were unchanged & quoted at '55-'60 per kg.

Arrivals of jeera crop increased to 38,000-40,000 bags while trades were declined to about 35,000 bags at auctions held at Unjha market. Spot rates were steady & quoted at '128-'130 per kg, as per local traders.

Spot rates of pepper garbled increased '363 per kg and that of un-garbled was up at '348 per kg while arrivals increased to 35 tons & trades too

were up at 33 tons at auctions held at Kochi market, as per IPSTA.

Arrivals of turmeric crop increased to 20,000 bags at while trades were eased slightly to about 15,000 bags at auctions held at Nizamabad market. Spot rates were down quoted at '55-'58 per kg, as per local traders. Erode market for turmeric will remain close till April 8.

Average price of small cardamom increased to '663.9 per kg while maximum price offered was down at '931 per kg, as per spice board. Total inflow of small cardamom crop increased to 61.1 tons from which ~60.9 tons were sold at auction held at Nedumkandam.

Arrivals of Soya bean crop stood steady ~70,000- 75,000 bags across MP market & 1,500-2,000 bags at mandis of Indore while supply at mandis of Rajasthan were unchanged ~15,000 bags & at mandis of Maharashtra ~20,000-22,000 bags, as per local traders.

Spot rates of soya bean crop offered by planters were up above '39 per kg while rates across mandis of Indore increased to '37-'38 per kg, as per local traders. Inflow of mustard seed crop increased to 169,286 quintals, while average of closing spot rates were down at '3,039.4 per quintal, as per agriculture
marketing board of Rajasthan.

Total arrivals of mustard seed crop stood increased to more than 6lakh bags across major trading center while spot rates were up & quoted between '34.5-'36.5 per kg based on quality & location, as per market reports.

Chana futures traded positively on the exchange counter while spot rates too were up at '34-'34.5 per kg, supported by higher demand for the new crop at major mandis. Spot rates of mentha oil were down by another '30-'40 per kg to around '1,120-'1,125 per kg while futures declined after initial short-covering.

Absence of buyers & steady supply has been weighing on prices, which have fallen below their mid-July 2011 levels.