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  • Farmers are currently apprehensive of selling cotton. This increased the arrival pressure in the market
  • Current arrivals are about 6% higher than before and prices have declined by Rs. 1,500/q in the month of May
  • While farmers are in trouble due to falling prices, industrialists are appealing to farmers to sell cotton

  • 8000 bags arrived in the mandi today, the Saurashtra delivery, spot billty price, is stable at Rs. 3,800~4,200/q
  • Maharashtra's Dadar sorghum has increased by Rs. 200/q, with Saurashtra delivery trading at Rs. 4,400~4,500/q
  • Production of Dadar sorghum is less and the demand is high, due to which the market is likely to rise beyond Rs. 500/q

  • The demand is low in the market, the millers of Delhi and Kolkata line are buying
  • 500 bags are arriving daily in Nagaur market and the buying in the market is less
  • The price in the market is running at Rs. 7,600/q
  • According to the information, there is a possibility of importing mung daal in the election year, the government is going to release the weighing stock purchased at the support price.
  • Looking at all these circumstances, a fall of Rs. 500/q can be seen in the market.

  • To reduce the gap between production and consumption, the government is encouraging farmers to increase production of oilseed.
  • These efforts have also yielded some results, and the production of oilseed has improved over the years. India is estimated to import 143.7 LMT of vegetable oil in 2022~23, as against 140.7 LMT in 2021~22.
  • This is marginally better than the 153.2 LMT imported in 2016-17.
  • Soybean and mustard are the major crops, accounting for 35% and 32%, respectively.