Total arrivals of chilli crop were steady ~0.6lakh bags while demand was firm among local buyers; but no major export demand was seen. Spot rates were quoted in the range of '53-'60 per kg, based on crop quality.
Arrivals of jeera crop declined to about 28,000-30,000 bags while trades declined to about 25,000 bags at auctions held at Unjha market. Spot rates were quoted at '125-'126 per kg, as per local traders.
Spot rates of pepper garbled declined to '357 per kg and that of un-garbled was down at '342 per kg while arrivals increased to 25 tons & the same were sold at auctions held at Kochi market, as per IPSTA.
Arrivals of turmeric crop declined to below 20,000 bags at mandis of Nizamabad while spot rates were steady & quoted at '54-'56 per kg, as per local traders. Erode & Sangli markets were closed on account of Mahavir Jyanti.
Average price of small cardamom declined to '577.5 per kg while maximum price offered was down at '967 per kg, as per spice board. Total inflow of small cardamom crop declined to 71.9 tons from which 70.9 tons were sold at CPMC auction held at Kumily.
Most of the mandis trading in soya bean were closed on Tuesday, on account of Mahavir Jyanti. Spot rates of soya bean crop offered by planters were steady at '39.5-'40 per kg while rates across major mandis were unchanged at '38-'39 per kg, as per local traders.
Guar seed arrivals increased to 33,745 quintals, while the average of the closing spot rates were down at '9,217.7 per quintal. Inflow of mustard seed crop increased to 271,775 quintals, while average of closing spot rates were down at '3,068.3 per quintal, as per agriculture marketing board of Rajasthan.
Chana futures traded in a narrow range through major part of the session, in the absence of fresh cues from spot, where supply has increased in conjunction with firm demand from local buyers. Spot rates were steady & quoted at '35-'35.5 per kg.
Mentha oil futures fell sharply on the exchange counter with near-month contract hitting lower circuit, pressured by increase in supply, poor demand & estimates of higher output. Spot rates were down by '12-'15 per kg while supply increased to more than 200 oil-drums.
Indian procurement agencies have procured 119.49lakh tons of wheat as on April 22, 2013, up by almost 27% from the same period last year, as per trade reports.
