News

  • Speculation of Indian ban on Australian pulse imports ‘unproven’

    GRAIN Producers Australia (GPA) has moved to clarify speculation that the Indian market is set to suffer from further political backlash with a total ban on pulse imports from Australia. Movement was sparked last Thursday after an unidentified grain trader’s post on social media - that previously predicted the recent

  • Uptick in demand lifts chana futures by 1.20%

    Chana prices were up by 1.20 per cent to Rs 3,775 per quintal in futures trade today as participants created fresh positions, driven by pick up in demand at the spot market. Besides, tight stock positions following drop in arrivals from producing regions, fuelled the uptrend. At the National Commodity and Derivatives

  • Chana prices rise by almost 4% on export sop, MSP procurement talk

    Chana (bengal gram) April futures on the National Commodity and Derivatives Exchange Ltd (NCDEX) rose by almost four per cent on Monday to close at Rs 3,727 per quintal over talk that Centre might further expand the seven per cent export incentive announced last month while there could be further

  • Chana up as govt buys on MSP

    INDORE, MARCH 27 The Madhya Pradesh government’s decision to exclude chana from Bhavantar Bhugtan Yojna (price deficit financing scheme) and purchase the same on the MSP have fuelled chana prices in local mandis in the past two days by ₹200 a quintal with chana (kanta) at ₹3,700, while chana (desi) rose to ₹3,600.

  • Rising demand lifts chana futures by 1.63%

    Chana prices moved up by 1.63 per cent to Rs 3,788 per quintal in futures trade today as participants raised bets, driven by increase in demand from dal mills at the spot market. Besides, tight stock positions following a drop in arrivals from producing regions, fuelled the uptrend. At the National Commodity

  • Select pulses strengthen on rising demand

    New Delhi, Mar 27 (PTI) Prices of select pulses, led by kabuli gram, advanced by up to Rs 100 per quintal at the wholesale pulses market today on increased offtake by stockists backed by rising demand from dal mills and retailers. Traders said increased buying by stockists, driven by surging

  • Chana traders seek hike in export incentives to 15%

    With international chana prices falling way below the domestic prices, pulse exporters across the country feel that the 7% export incentive announced by the Centre is not enough to encourage export and more needs to be done. Exporters and industry people feel that the export incentives should be hiked to

  • Select pulses strengthen on rising demand

    New Delhi, Mar 27 Prices of select pulses, led by kabuli gram, advanced by up to Rs 100 per quintal at the wholesale pulses market today on increased offtake by stockists backed by rising demand from dal mills and retailers. Traders said increased buying by stockists, driven by surging demand

  • Govt extends export support to chana dal; to produce 24 mn tonnes of pulses

    With export of pulses not rising much despite the government lifting its decade-old ban last year, the latter has extended support to Bengal gram (chana dal) through the Merchandise Exports from India Scheme (MEIS). Export support at a rate of seven per cent has been extended for a limited period of three

  • Farmers getting less than the MSP for their produce: Yogendra Yadav

    Farmers in nine agricultural markets across five states are getting far less than the minimum support price (MSP) for their produce, Swaraj Abhiyan president Yogendra Yadav said on Saturday citing a survey by six organisations. Releasing the interim report here, Yadav said the exercise was part of the MSP Satyagraha,