Login ID:
Password:
Partner Login
Contact Us : 7066511911

Week Ahead: White Pea prices likely to rule firm on regular buying

14 Aug 2022 3:16 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

MUMBAI, 13 Aug (Commoditiescontrol): White Pea prices prices extended gains for second straight week in a row, as per quality at Kanpur market last week ended on 13th July 2022 on improved buying activity from local and outside traders.

White Pea prices at the Kanpur market traded higher by Rs 125 at Rs 4,850-5,175/100Kg, as per quality.

On other hand, Vatana besan and dal traded unchanged each at Rs 3,700/50Kg and Rs 5,700, respectively.



International markets:

North American field pea markets continued to ease, with harvest activity reported across much of the growing area. The harvest started the week at 19% complete in the United States, down from 38% at the same time last year, but equal to the recent five year average. The Canadian harvest was around 1% complete, down from around 11% last year and the recent average of 4.6% complete vt the end of July.

Trend:Domestic white Pea prices to trade higher due to regular buying to meet immediate requirements.The firm trend in Chana prices will support prices. There is a limited downside from current levels as new crop arrivals has decreased, festival demand is likely to improve in coming weeks and there is no supply from overseas due to import restrictions.

(By Commoditiescontrol Bureau; +91-22-40015513)


       
  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 Rated
0.0

   Post comment
Comment :

Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy.
Name :  
Email :  
   

Top | Post Comment  

Latest Special Reports
Cost of wheat, export controls, social unrest & challen...
Guargum (NCDEX) vs. Guarseed (NCDEX) - Ratio Chart Anal...
Mentha oil prices fall on dull demand
Guar seed, gum prices under pressure on weak demand, un...
more
Top 5 News
Week Ahead: Spice complex may see subdued activities d...
Soy Refined Oil (Indore) Correction Underway / Next S...
Kadi (Gujarat) Cotton Seed Weak Short-term Trend / Ne...
Soybean complex continues to remain under pressure on ...
Week Ahead: Moong may witness narrow range movement in ...
Top 5 Market Commentary
Cotton yarn prices extend fall in Delhi, Mills come in ...
BMD CPO ends higher for 3rd straight day amid firmer cr...
Black pepper prices flat
Retail prices of edible oils expected to come down furt...
Cumin seed prices fall at spot, futures
Copyright © CC Commodity Info Services LLP. All rights reserved.