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Market pulse for agro commodities : Mangal Keshav

Spot rates of jeera were steady & quoted around '125-'26 per kg at Unjha market, as per trade reports.

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Mangal Keshav Mumbai
Last Updated : Apr 22 2013 | 10:20 AM IST
Arrivals of chilli crop were steady at 0.75-0.8lakh bags while trades too were steady due to demand from local buyers & stockist. Spot rates were down & quoted at '53-'58 per kg, based on crop quality.

Arrivals of jeera crop declined to ~30,000 bags & the same were traded at auctions held at Unjha market. Spot rates were steady & quoted around '125-'26 per kg at Unjha market, as per trade reports.

Spot rates of pepper garbled increased to '360 per kg and that of un-garbled was up at '345 per kg while arrivals declined to 37 tons from which 35 tons were sold at auctions held at Kochi market, as per IPSTA.

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Arrivals of turmeric crop at mandis of Erode increased to 8,000-8,500 bags while spot rates were down & quoted at '54-'57 per kg, as per trade reports. Nizamabad and Sangli markets were closed due to local festivals.

Average price of small cardamom declined to '613 per kg while maximum price offered was up at '939 per kg, as per spice board.

Total inflow of small cardamom crop increased to 101.7 tons & the same were sold at KCPMC auction held at Thekkady.

Arrivals of Soya bean crop eased slightly to about 0.5-0.6lakh bags at MP market & about 1,500 bag at mandis of Indore while arrivals declined to 10,000 bags at Rajasthan & ~20,000 bags across mandis of Maharashtra, as per local traders.

Spot rates of soya bean crop offered by planters were down at '39.5-'40 per kg while rates across major mandis declined to '38-'39 per kg, as per local traders.

Guar seed arrivals increased to 19,054 quintals,while the average of the closing spot rates were down at '9,300.7 per quintal.

Inflow of mustard seed crop declined to 175,066 quintals, while average of closing spot rates were down at '3,078.8 per quintal, as per agriculture marketing board of Rajasthan.  

Total arrivals of mustard seed crop declined to about 4lakh bags across major trading center while spot rates were up & quoted at '34-'37 per kg based on quality & location, as per market reports.

Mentha oil futures recovered from its weekly low to close higher by more than 2% for the day, supported by buying/ short-covering at lower levels while spot rates too were up by '15-'20 per kg. Average daily supply has declined to ~90-100 drums.

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First Published: Apr 22 2013 | 10:18 AM IST

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