SLCM turns 8 this year

Sohan Lal Commodity Management Pvt. Ltd. (SLCM) is celebrating its 8th Foundation day this month. Founded on 13th August 2009, SLCM has in a short span of time emerged as a leader …

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Maharashtra unwilling to crush their sugarcanes early

Sugar mills in Maharashtra are unlikely to start operation from early October as suggested and advised by the government and industry few weeks back. Sugarcane is generally crushed…

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Jeera's (Cumin) spiced up prices ahead of festive season

India the main producer and consumer of cumin, produces 70% of the world supply and consumes 90% of that which means that India consumes 63% of the world's cumin. Other producers a…

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Import duty hiked for Palm Oil

The government has taken a wise step to restrict the cheaper imports of palm oil from Malaysia and Indonesia by raising the Import Duty on crude palm oil to 15 per cent from 7(poin…

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soyabean acreage feel short this kharif season

As per government data, soybean planting fell 10.4% to 99 lakh hectares compared with the same period last year. Last year, the acreage was 110 lakh hectares. Kharif sowing of soyb…

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Rubber’s production and consumption on rise

Consumption of Natural Rubber (NR) has increased from 994,415 tonne in 2015-16 to 1044,075 tonne in 2016-17 due to rise in the demand of auto tyre sector. Production of NR in th…

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Central Govt Raises Sugar Import Duty to 50%

The Central government has raised the import duty on sugar to 50 per cent from 40 per cent to curb the dumping of cheaper supplies from abroad and maintain domestic prices. The …

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Gur Price Down in Muzaffarnagar on GST Row

Amid confusion over GST, Muzaffarnagar gur market, a key trading centre in Uttar Pradesh, witnessed a sluggish demand on Wednesday. Though, GST council has declared zero taxes o…

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Sugar Prices Stay Nearly Steady On Selling Pressure

Sugar prices stayed nearly steady in the key physical markets of Mumbai, Delhi and Muzaffarnagar on Monday amid selling pressure increased due to GST. The GST council has announced…

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India’s Wheat Market May Gain Support On Firm Global Cues

Wheat prices are likely to move forward in Indian markets tracking improved demand from flour mills and firm cues from global markets. The weather reports from America and Australi…

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Wheat Prices Unlikely To See Downside This Week

Wheat prices extended gains at local bourse on Monday while the prices of the commodity eased in the international market. However, unfavorable weather condition in the U.S. and Au…

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Price fall: Centre to procure 2 Lakh Tonnes Onion from MP

In order to provide relief to farmers from falling prices of onion, the Centre has decided to procure 2 lakh tonnes of the crop from Madhya Pradesh, the country's second-largest pr…

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NCDEX Maize Trades Firm On Good Physical Demand

Maize prices rose during initial trade at local bourse on Monday amid positive sentiment as demand for the grain from feed sector is seen firm. On the other side, corn futures fell…

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Govt Agencies Procure Over 306 Lakh Tonnes Wheat In RMS 2017-18

Food Corporation of India and state agencies have procured over 306 lakh tonnes of wheat so far in the country. Procurement has stopped in most of the states. As per the data compl…

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Spot Wheat Trades Firm In MP; Futures Down

Wheat prices were firm in the major grain markets of Madhya Pradesh, the second largest wheat grower in the country, due to weak arrivals while demand from local flour mills improv…

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Soybean Prices Gain On Improved Crushing Demand

The spot prices of soybean gained in the benchmark market of Indore in Madhya Pradesh on Monday tracking good demand from mills and firm cues from domestic future market which was …

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Export of Indian Spices Gain All-Time High in 2016-17

On the basis of high demand in international markets, Indian spices and spice products export have gained a new record in volume and value. During 2016-17, a total of 9, 47,790 ton…

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Distressed Farmers puts Chilli Fields on Fire

Distressed and annoyed chilli farmers stopped transporting their produce to market for selling and started burning them in the fields only. The cost they invested in cultivation is…

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Raw sugar import Becoming profitable

A big profit may be achieved by southern Indian mills through 5 lakh tonnes of raw sugar import. Trade administrator said that since the sugar shortfall is more noticed in the sout…

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Moong And Urad Procurement Reaches 61,000 MT

The government agency NAFED India has procured over 61,000 metric tons of Moong and Urad at minimum support price (MSP), in the ongoing kharif marketing season. Agri-cooperative ha…

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