Arrivals of chilli crop increased to ~1lakh bags while demand too had lifted for new crop at auctions. Spot rates were closed slight higher but remained in the range of '62-'65 per kg & prices on futures recovered after declining in the initial
session.
Arrivals of jeera crop were unchanged at 35,000 bags while demand too was seen steady ~30,000 bags at auctions held at Unjha market. Spot rates are trading firm & quoted in the range of '133-'135 per kg, as per local traders.
Spot rates of pepper garbled declined '363 per kg and that of un-garbled was down at '348 per kg. Arrivals increased to 37 tons while trades too were up at 35 tons at auctions held at Kochi market, as per IPSTA.
Arrivals of turmeric crop increased about 23,000 bags at Nizamabad market & ~7,000 bags across mandis of Erode. Spot rates were down by '200-'300 per quintal across major trading centers, as per local traders.
Average price of small cardamom declined to '631.4 per kg while maximum price offered was down at '850 per kg, as per spice board.
Total inflow of small cardamom crop declined to 12.6 tons & the same were sold at STCL auction held at Kumily. Arrivals of Soya bean crop increased to more than 1lakh bags across MP market & about 2,500-3,000 bags at mandis of Indore while
supply was steady between to 0.2-0.25 lakh bags each across mandis Maharashtra & Rajasthan, as per local traders.
Spot rates of soya bean crop offered by planters were up at '35-'36 per kg while rates across mandis of Indore were up at '34.5-'35 per kg, as per local traders.
Inflow of mustard seed crop increased to 240,856 quintals, while average of closing spot rates were down at '3,130.6 per quintal, as per agriculture marketing board of Rajasthan.
Total arrivals of mustard seed crop were steady above 5lakh bags across major trading center while spot rates eased slightly & were quoted in the range of '34.5-'35.5 per kg based on location, as per market reports.
Chana futures traded positively on the exchange counter, supported by festive demand & steady supply of crop at mandis. Spot rates were quoted steady & offered at '34.5-'35 per kg, as per trade reports.
Spot rates of mentha oil were down by '25-'30 per kg while supply too had dropped to about 180-200 drums, across major trading centers. Prices on futures fell sharply, but later recovered on short-covering/ buying support at lower levels.
