pulses - andhra pradesh · (22nd july-2019) as per all india dal millers association president...

Daily Price Monitoring Report 26th July, 2019

27/09/2017

Pulses Today’s developments:

New crop of moong from Karnataka is expected to hit market in the second half of August and crop condition is said to be good so far. Recent showers of rains have benefitted the standing moong crop in many states. However, situation is critical in Maharashtra. Kharif sowing in Maharashtra is running behind by 30 % and sowing season in the state is over now. This year sowing has been reported only 69 % of 5 years average. It would reduce the crop size by 20 to 25 % this year in the state. So moong is likely to trade firm in coming weeks. Major portion of stock is in strong hands and demand is expected to improve as stock in pipeline is coming down now. In Jaipur market moong is being traded at Rs 6400-6500.It may move further up by Rs200.

Chana market continued to trade slightly up on decreasing supply from private trades despite ample availability in Nafed’s go-downs. Market expects that Nafed would release restricted volume in open market and use its maximum stock for welfare schemes and PDS. In Delhi market chana is being traded at Rs 4350-4450 per qtl. Millers are buying based on actual needs. Demand is likely to improve.

Kharif urad production in Maharashtra may decline by 20 % due to lower kharif area and sowing season coming to an end. As supply side is expected to be tight, urad price may move up by Rs 200-300 in coming weeks. In Mumbai urad is being traded at Rs 4550-4600.

Recent Developments that are still Influencing Markets:

(24th July-2019) Tur cash market has adjusted now from all side effects of permission to higher import4 lakh MT before 31st Oct, decision of 2 lakh MT additional sale from buffer stock and likely import of 1.75 lakh MT from G2G basis this year. As area coverage is lower and stock is in strong hands, cash market is expected to improve from current level. In Gulberga market tur is being traded at Rs 5750-5850 and it may trade firm in coming weeks.

(22nd July-2019) As per All India Dal Millers Association President pulses production this kharif season is likely to decrease by 15 % due to longer period of dry spell and 16 % lower rainfall this season so far. Importers /millers can import only 4 lakh MT tur,1.5 lakh MT urad ,moong and pea each. This means supply for millers is likely to decrease and it would push up market once again.

(19th July-2019) At planting front Indian farmers have covered 62.19 lakh ha as on 19, July-2019. It is lower by 15.94% from last year. Normal area till date is 75.25 lakh ha and normal of the whole season is 119 lakh ha. The major growing state like Karnataka & Maharashtra planting is running behind by 32.80 % to 2.96 and 23.64 % to 3.82 lakh ha so far. Normal area in these states are 8.62 and 12.53 lakh ha.In AP normal area for tur is 2.37 lakh ha .However, farmers have covered only 0.06 lakh ha so far against 0.24 lakh ha last year. Against it, farmers in Telangana have covered 2.66 % higher area to 1.73 lakh ha this year so far.In MP area under tur is running behind by 27.23 % to 1.47 lakh ha. Normal area in M.P. is 5.80 lakh ha. Area in UP and Orissa has improved from last year by 28.35 and 32.86 % to 1.14 and 0.37 lakh ha so far. Situation is expected to improve in coming weeks.

(15th July-2019) Moong is likely to recover from current level as major portion of stock is in strong hands and new arrival is not expected before Sep now due to delayed sowing. In Jaipur market moong is being traded at Rs 6250-6300 per qtl.Area too is likely to decline this year.


27/09/2017

(10th July-2019) As per market source all pulses stock except chana is decreasing and supply side may be tight in the fourth quarter. Even Nafed has decreased chana stock in MP by 3.39 lakh MT. Its really surprising. Market experts are assuming that some of stocks have been shifted for PDS, mid-day meal and other welfare schemes. It may support pulses market in coming months.

(8th July-2019) NCDEX has launched Moong futures on8th July-2019.The moong traded on this exchange is unprocessed. The exchange has selected Merta City as main delivery centre while Nokha, Jodhpur and Sri Ganganagar would be other centres. In the beginning the contract would be for Aug, Sep-2019.

(4th July 2019) DGFT has removed the condition of adv. authorization for pulses import. This means now importers need not to have adv. authorization letter from DGFT for pulses import. DGFT has already increased tur import quota from 2 lakh MT to 4 lakh MT. Importers have to import 2 lakh MT before Oct. It has already impacted tur price in domestic market.

(03rd July 2019) Govt .has increased MSP of pulses for kharif season 2019-20.Increase is considered marginal. Kharif pulses include tur,moong and urad. For arhar, the increase was 2.2 per cent (RS125 per qtl.) from Rs 5,675 a quintal to Rs 5,800 per quintal. The MSP of moong was increased by 1.07 per cent (Rs 75 per qtl) from Rs 6,975 to Rs 7,050 a quintal while that of urad was increased by 1.78 per cent (Rs100 per qtl) from Rs 5,600 to Rs 5,700 a quintal.

(28th June 2019) DGFT has started issuing license to importers. Some applicants have already received it and the rest are in process of getting it soon. There is a condition for importers that they have to import it before Oct-2019.This means supply of Tur, Urad & Moong would increase in Aug, Sept and from October new crop (especially urad and moong) would start hitting the market amid continuous sale by Nafed. So any spike in pulses market is unlikely. Even pulses demand in monsoon season weakens.

Price & Arrival: Urad

State/District Market

Modal Price (Rs/Qtl)

Change

Arrivals (Qtl)

Change Source 25 July 2019

24 Jul 2019

25 July 2019

24 Jul

2019

Andhra Pradesh Guntur(Gota

Branded) 8000 8000 Unch NA NA - Agriwatch

Andhra Pradesh Vijaywada 6100 5950 150 1500 1000 500 Agriwatch

Tamil Nadu Villupuram 5169 5546 -377 1 1 - Agmarknet

Tamil Nadu Chennai 4475 4475 Unch NA NA - Agriwatch

Tur



Change

Arrivals (Qtl)


24 Jul 2019

25 July 2019

24 Jul

2019

Andhra Pradesh Yemmiganur NA NA - NA NA - eNAM

Andhra Pradesh Kurnool 3891 5189 -1298 17 31 -14 eNAM

Maharashtra Akola 5650 5750 -100 25 49 -24 eNAM

Andhra Pradesh Vijayawada 5250 5250 Unch NA NA - Agriwatch


27/09/2017

Moong



Change

Arrivals (Qtl)


24 Jul 2019

25 July 2019

24 Jul

2019

Rajasthan Jodhpur 5510 5580 -70 3 4 -1 eNAM

Karnataka Gulbarga NA NA - NA NA - Agmarknet

Madhya Pradesh Harda NA 5531 - NA 3267 - Agmarknet

Andhra Pradesh Vijayawada 6250 6000 250 200 100 100 Agriwatch

Chana



Change

Arrivals (Qtl)


24 Jul 2019

25 July 2019

24 Jul

2019

Andhra Pradesh Kurnool NA 4160 - NA 31 - eNAM

Andhra Pradesh Yemmiganur NA NA - NA NA - eNAM

Madhya Pradesh Indore 4250 4250 Unch 1200 1200 Unch Agriwatch

Rajasthan Bikaner NA 4043 - 10 10 Unch eNAM

Chana at NCDEX

Contract Open High Low Close Change Volume O.Int

19-Aug 4252 4298 4243 4283 30 34790 112350

19-Sep 4291 4323 4272 4309 29 15500 46370

19-Oct 4332 4360 4315 4358 26 580 1660

As on 25th July - 2019 at 5 pm Rs/Quintal


27/09/2017

Groundnut Recent updates:

(26.07.2019) As on 25 June 2019 Nafed sold total 6430MTof K-18 holdings. It has disposed total 3.98 lakh tonnes of groundnut K-18 and holds remaining balance at 3.18 lakh tonnes so far.

Developments that are still Influencing Markets:

(22.07.2019) As per recent released data by GOI, Total groundnut kharif sowing area all over the country is 24.01 lakh ha. as on 19th July 2019 higher by 2.7 lakh ha. from 22.65 lakh ha. in previous year during the same period of time. Andhra Pradesh covered total 0.90 lakh hectares so far this season lower against previous year record i.e.2.36 lakh ha. on account of late arrivals of Monsoon in last weeks.

(22.07.2019) Farmers have sown 12.91 lakh ha. in Gujarat, 0.84 lakh ha. in Karnataka, 0.44 lakh ha. in Tamilnadu, 0.49 lakh ha. in Uttar Pradesh, 1.56 lakh ha. In Madhya Pradesh, 0.97 lakh ha. In Maharashtra, Rajasthan 5.06 lakh ha, 0.05 lakh ha. in other parts of India. Lower sowing area reported in few states compared to the previous year record due to delayed monsoon and shortage of quality seeds for sowing, supporting the groundnut prices to rise.

(19.07.2019) As per IMD, India has received 16% below average rain since the monsoon season began on June 1. The key groundnut growing areas in western India also received below average rains. Farmers have sown cotton, groundnut, sesame, jowar and corn twice, but crops have failed they have urged the government to settle crop insurance at the earliest.

(09.06.2019) Government agencies procured seed nuts at Rs. 7100 per quintal, where as they offered at Rs. 4260 per quintal after availing 40% discount to the farmers. A.P Oil fed has procured 17000 quintals of groundnut seeds from Karnataka. Agriculture department distributed 2.24 lakh quintals of Groundnut seeds to 1.96 lakh farmers since 15th June. 84% of the target has been achieved. Moreover, the total target of 3 lakh quintals will be completed by 15th July. If monsoon fails to deliver sufficient rains for groundnut sowing, alternate crops like Ragi would be first priority followed by castor, Jowar, gram etc.

(09.07.2019) Agricultural minister of Andhra Pradesh announced price subvention scheme of Rs.1500/qt to benefit Groundnut farmers in addition to the current market price of Rs.5000/qt to Rs.6500/qt on July 8th as Rythu Dinotsavam (farmers day).

(03.07.2019) As per SEA, the total Groundnut sown as on 28th June 2019 is about 9.18 lakh hectares has been reported compared to normal corresponding week is 4.40 lakh hectares. The major sowing area is reported from Gujarat 6.01 lakh hectares, Rajasthan 3.32 lakh hectares, Tamilnadu and Andhra Pradesh accounts 0.15 lakh hectares.

(25.06.2019) Area under cotton 10-15% is going to replace by groundnut due to delayed monsoon in Gujarat, moreover the state and central government policies for groundnut encouraged to cultivate more area under oilseeds.

(25.06.2019) (12.06.2019) As on 11thJune 2019, Nafed has procured 5.81 MT of Groundnut (Rabi -2019) in the district of Malkangiri of Odisha state. It procured total 130.76 MT at MSP price Rs. 4890 per quintal from 55 farmers.

(07.06.2019) As per 3rd advanced estimates, ministry estimates lower Indian groundnut crop (Kharif and Rabi) at 65.02 lakh tonnes for 2018/19 season against 92.53 lakh tonnes in 2017/18. Kharif groundnut crop size during 2018-19 is estimated at 51.53 lakh tonnes which is 29.7%


27/09/2017

lower than 75.95 lakh tonnes in 2017-18. Less rainfall at initial stage of crop and lower acreage are the main reason to cut output of Groundnut.

(20.05.2019) Indian Oilseeds & Produce Export Promotion Council (IOPEPC) is planning to develop cluster-based production mainly for groundnut and sesame seed which will be pesticide-free. It is also targeting to cultivate other varieties of oilseeds to fulfil global demand as well. It focuses towards drip irrigation facilities so that monsoon dependency for better crop growth could be reduced. In the meeting, council can discuss the expected crop size of groundnut and sesame for Rabi 2019.

(30.04.2019) As per APEDA data, groundnut shipment reported lower by 3.13% to 488233 MT during April-March 2019 amounting total Rs. 3296 crores as compared to 504038 MT in last year during the same period of time. However, the shipment is higher by 26.290% as compared to 386594 MT in April to February 2019.

Price & Arrival:

Groundnut

State/District Market Variety


Change

Arrivals (Qtl)


24 July 2019

25 July 2019

24 July 2019

Andhra Pradesh

Adoni 5896 5369 527 47 45 2 NAM

Kadapa Local 5696 5326 370 12 50 -38 NAM

Kurnool 5951 5609 342 17 31 -14 NAM

Yemmiganur NA NA NA NA NA NA NAM

Rajkot 4898 5050 -152 90 45 45 NAM

Telangana

Jamnagar NA NA NA NA NA NA NAM

Deesa 5555 NA NA 1 NA NA NAM

Wanaparthy Town

NA NA NA NA NA NA

NAM


27/09/2017

Onion Today’s Development:

NAFED has procured approximately 56,000 tons of onion from Maharashtra and Gujarat which

has contributed approximately 47,000 tons and 9,000 tons.

NAFED has started release of the stocked onion from Maharashtra and supply is mainly to West

Bengal. In couple of weeks release will pick up pace to different parts of the country.

Recent Developments that are still influencing the Market:

(25thJuly 2019) In Andhra Pradesh as on 24th July (fourth week) 6780 ha of area is sown compared to last year’s 11040 ha. Normal sown area by this time is 12097. Total targeted kharif area is 27482 ha.

(25thJuly 2019) In Kurnool, last year 9589 ha was sown as compared to this year’s only 6232 ha area has been sown

(24thJuly 2019) In Maharashtra, maximum arrivals are coming from Pimpalgaon, Lasalgaon,

Newasa and Rahuri. Arrivals during the week period reported lower than last year by 24.42%.

(24thJuly 2019) According to the trade sources, in Bihar the onions are arriving from locally and

nominal quantity from Maharashtra. The local onions are fetching price Rs.1200- 1600/ quintal.

(18thJuly 2019) In Andhra Pradesh as on 17th July (Third week) 5188 ha of area is sown compared to last year’s 5246 ha. Normal sown area by this time is 7661. Total targeted kharif area is 27482 ha.

(18thJuly 2019) In Kurnool, last year 4753 ha was sown as compared to this year’s only 4732 ha area has been sown.

(13thJuly 2019) In Andhra Pradesh as on 10th July (second week) 2565 ha of area is sown compared to last year’s 4652 ha. Normal sown area by this time is 5989. Total targeted kharif area is 27482 ha.

(13th July 2019) In Kurnool, last year 4390 ha was sown as compared to this year’s only 2341 ha area has been sown.

(3rd July 2019) In Andhra Pradesh as on 3rd July 741 ha of area is sown compared to last year’s 1955 ha. Normal sown area by this time is 4311. The total targeted kharif area is 27482.

Price and Arrivals in Major Markets

Onion

State Market Modal Wholesale Prices (Rs/Qtl) Arrivals in Tons

Source 25-Jul-19 24-Jul-19 Change 25-Jul-19 24-Jul-19 Change

Gujarat Ahmedabad 1175 1125 50 513 618 -105 Agmarknet

Rajkot 950 1050 -100 130 120 10 Agmarknet

Karnataka Bangalore 1100 1100 Unch 1685 1590 95 Agmarknet

Belgaum 1200 1200 Unch 454 454 Unch Agmarknet

Madhya Pradesh Indore 900 900 Unch 1149 1149 Unch Agmarknet

Maharashtra Lasalgaon 1210 1225 -15 1881 1714 167 Agmarknet

Pune 1300 1300 Unch 843 869 -26 Agmarknet

Andhra Pradesh Kurnool 760 1350 -590 4 4 Unch Agmarknet

Rajasthan Jaipur 1200 1300 -100 480 420 60 Agriwatch

Telangana Hyderabad 1300 1400 -100 350 500 -150 Agmarknet


27/09/2017

Potato Today’s Development:

According to the state government sources, the storage capacity of Agra Mandal is 111 lakh tons and last year 28% potato was released as compared to this year it is expected 28 to 30 % by the end of July.

Developments that are still influencing the Markets:

(18th July 2019) According to the news sources, potato prices have dropped down by 10-11 % in

Uttar Pradesh and Bengal due to overloading in the cold stores.

(18th July 2019) According to trade sources, potato from U.P is also coming in West Bengal market

which is suppressing the prices of domestic potato and traders are expecting prices to trade in this

range only.

(10th July 2019) According to the trade sources, as on 9th July in north Bengal total 19.03% unloading of potato has been done.

(10th July 2019) According to the trade sources, in Bihar potatoes are arriving from locally and Uttar Pradesh the prices are 800/ quintal and 850/ Quintal respectively.

(3rd July 2019)-According to the trade sources in U.P. the prices are steady as the potato release

percent from storages is less as compared to last year and loading in cold stores is also higher

compared to last year. Prices are likely to remain steady for coming week.

(3rd July 2019)-According to the State government, total production in U.P is estimated to be 14.77

million tons from a total area of 6.10 lakh hectares.

(1st July 2019)-Potato prices in Agra are trading on lower side as compared to last year due to higher loading in cold storages.

(25th June 2019)-In west Bengal 17% potato has been released from cold storage from a total capacity of 70.62 lakh tons.

(25th June 2019)-According to the trade sources in U.P. the prices are steady as the percent released from storages is less as compared to last year. Prices are likely to remain steady for coming week.

(16th June 2019)-In West Bengal, loading in cold storage is completed and traders are expecting 85% capacity utilization this year from a total storage of 70.62 lakh tons. So far approximately 15% potato has been released.

Price and Arrivals at Major Markets

Potato

State Markets Modal Wholesale Prices (Rs/Qtl) Arrivals in Tons


Andhra Pradesh Palamaner 2000 2000 Unch 0.2 0.2 Unch NAM

Karnataka Bangalore 1100 1100 Unch 1146 1160 -14 Agmarknet

Belgaum 1100 1100 Unch 323 323 Unch Agmarknet

Gujarat Surat 900 900 Unch 600 700 -100 Agmarknet

Madhya Pradesh Indore 600 700 -100 183 200 -17 Agmarknet

Maharashtra Pune 1200 1200 Unch 734 679 55 Agmarknet

Delhi Delhi 1093 1118 -25 586 1140 -554 Agmarknet

Uttar Pradesh Agra 845 840 5 1165 1224 -59 Agmarknet


27/09/2017

Tomato

Today’s Developments: Arrivals from Maharashtra are expected to come in full swing within next two weeks, but the

crop size there too is expected lower than normal.

Tomato prices normally start softening July onward, but that has not been the case this year

given lower crop size from Andhra Pradesh, Karnataka and Himachal Pradesh.

Developments that are still influencing the Market: (2nd July 2019) In Delhi, tomato from Himachal Pradesh is fetching high prices in between Rs

1400 to Rs 2000/ quintal. “Goli” variety of tomato is fetching lowest prices of Rs 200 to Rs 800/quintal.

(1st July 2019) In Delhi, tomato crop is coming in market mainly from Himachal Pradesh and smaller quantity from Uttar Pradesh and local region of Haryana.

(1st July 2019) All India tomato arrivals are comparatively lower than last year during same time because of which prices are firm in market.

(25th June 2019) In Madanapalle prices are trading near Rs.2310 compared to last week’s Rs.2414, as the arrivals have decreased in the last week.

(11th June 2019) Tomato current price are trading on higher side compared to three year’s seasonal average price in most of the markets because of lower crop size this year due to lesser water availability in producing regions.

(11th June 2019) In Andhra Pradesh, prices are trading on higher side because of lower arrivals from producing regions amid lower crop size. Prices are expected to come down slightly in coming week because of arrival of summer crop from Chitoor and Anantpur district.

( 6th June 2019) - In Madanapalle, prices have dropped down by Rs. 500 to Rs. 800/ quintal because of increase in arrivals from producing regions.

(3rd June 2019) - On Tuesday, prices have dropped down in few markets because of increase in arrivals from producing regions.

(1st June 2019) - Higher arrivals reported in most of the markets but prices are firm and likely to remain firm in most of the markets for coming weeks.

Price and Arrivals in Major Markets

Tomato

State Markets Modal Wholesale Prices (Rs/Qtl.) Arrivals in Tons


Andhra Pradesh

Mulakalacheruvu 2200 2200 Unch 89 66 23 Agmarknet

Madanapalle 1050 1250 -200 112 116 -5 NAM

Kalikiri 1800 2000 -200 12 9 3 NAM

Pattikonda NA NA - #VALUE! #VALUE! - NAM

Gurramkonda 800 2240 -1440 1 2 -0.50 NAM

Karnataka Chintamani 2000 1933 67 750 855 -105 Agmarknet

Kolar 1833 2000 -167 1694 1684 10 Agmarknet

Maharashtra Pune 2500 3700 -1200 125 138 -13 Agmarknet

Delhi Delhi 2751 2709 42 333.9 486.3 -152 Agmarknet

Telangana Bowenpally 3000 3200 -200 333.7 262.5 71 Agmarknet


27/09/2017

Turmeric

Today’s Developments:

As per Telangana Govt, Turmeric sowing as on 24th July 2019 reported 42,466 hectares as compared to 44,392 hectares in the corresponding period last year.

Overall, the average rainfall received in Telengana State from 1-6-2019 to 24.7.2019 is recorded as 200.2 mm as against the Normal of 317.2 mm showing deviation of -37%.

In Tamil Nadu, Turmeric growing regions lower rainfall reported, till now only 45 – 50% sowing completed. Turmeric sowing will continue till August. Farmers were very worried for current situations, major dams were reported empty.

Buyers reported active in the spot market as current year Turmeric sowing reported delayed due to water scarcity in major growing regions. Current scenario is very crucial for Turmeric crop.


Till now in Maharashtra, Turmeric sowing completed around 65 – 70% due to lower rainfall. Sources revealed that, till now around 15 – 20% sowing area may go down, however final figure likely to come after 10 – 15 days.

In Maharashtra Sangli, Nanded and Basmat regions, Turmeric seed quality which are stored (on the field itself) for sowing purpose reported damaged by 10 - 15% due to dry weather.

Prices & Arrivals

NCDEX:

Turmeric at NCDEX

Contract Change Open High Low Close Volume O.Int

Aug-19 +14.00 6878.00 6944.00 6822.00 6916.00 2815 10040

Sep-19 +26.00 6960.00 7000.00 6892.00 6988.00 1480 7570

Oct-19 -12.00 7126.00 7116.00 7050.00 7114.00 495 670

As on 25 July, 2019 at 5:00 pm Prices in Rs/quintal, Volumes and Open interest in MT

Turmeric

State Market Variety Modal Price (Rs/Qtl)

Change Arrivals (Qtl)

Change Source 25-July-19 24-July-19 25-July-19 24-July-19

Andhra Pradesh

Duggirala Finger 5675 5721 -46

101 113 -12 NAM Bulb 5761 5721 40

Kadapa Finger 5745 5862 -117

1103 909 194 NAM Bulb 5777 5857 -80

Telangana

Nizamabad Finger 6504 6016 488

249 143 106 NAM Bulb 6509 6581 -72

Warangal Finger 6250 6250 Unch

1625 2600 -975 Agriwatch Round 6050 6050 Unch

Tamil Nadu

Erode Finger NA 7055 -

517.9 517.9 Unch Agmarknet Bulb NA 6312 -


27/09/2017

Chilli


As per Telangana Govt, Chilli sowing as on 24th July 2019 reported 2,008 hectares as compared to 4,680 hectares in the corresponding period last year.

Overall, the average rainfall received in Telengana State from 1-6-2019 to 24-7-2019 is recorded as 200.2 mm as against the Normal of 317.2 mm showing deviation of -37%.


As per trade information, chilli cold storage stocks as on date (including old and new crops) in Guntur stood at 144,000 to 148,500 MT and in Andhra Pradesh around 202,500 to 211,500 MT according to various trade estimates.

Current year chilli sowing area may increase due to prevailing higher prices and expecting higher further due to lower cold storage stocks, however monsoon rainfall is crucial factor for chilli sowing area.

Good domestic and export demand from Bangladesh, China, Malaysia, Sri Lanka reported at Guntur mandi.

As per Agriwatch’s final production estimate, Red Chilli production for 2019-20 is estimated at 12.22 lakh MT. Previous year’s production was 10.50 lakh MT.

Prices & Arrivals

Red Chilli

State Market Variety Modal Price (Rs/Qtl)



Andhra Pradesh

Guntur Teja 11300 11300 Unch 592 751 -159 NAM

334 9800 9500 300 NA NA - NAM

Telangana Khammam Red 6000 NA - 233 NA - Agmarknet

Warangal Talu NA NA - NA NA - Agmarknet


27/09/2017

Maize


U.S corn exports reached 45.29 MMT in the 2018-19 marketing year. At 0.58 MMT (for the period 12th July- 18th July, 2019) US corn exports were down 15 percent from the previous week and 18 percent from the previous 4-week average; mainly for the destination like Japan (226,000 MT), Mexico (190,200 MT), Taiwan (70,000 MT), Colombia (39,400 MT), and Costa Rica (26,300 MT).

As per trade sources, India imported around 15,169 MT of maize for the month of Jun’19. Out of which, around 13,328 MT was imported from Ukraine for the Kandla port at an average value of $215.16/ MT.

In Telangana, it has been sown in 2.92 lakh hectare as on 24th July’19 which is lower than 3.68 lakh hectare covered during corresponding period last year. Maize crops are at vegetative stage. Fall army warm is below ETL level in Nizambad, Kamareddy, Siddipet, Nagarkurnool, Khammam, Karimnagar and Nirmal districts.


From the trade point of view, In Nizamabad, maize is moving towards Hyderabad at Rs. 2575 per quintal. In Gulabbagh region of Bihar, maize (Bilty) is trading at Rs.2150 per quintal. Bangalore, Nammakal, Chitradurga, Pune and Mysore feed makers’ demand has shifted towards Bihar.

In A.P, maize has been sown in around 0.43 lakh hectares as on 24th July’19 which is lower than

0.62 lakh hectare covered during corresponding period last year. Maize crops are at sowing to

vegetative stage. Pests and Diseases reported nil till date.

In U.S, Corn has been silked 35% as of 21st July, 2019 which is lower by 43% compared to last

year and 31% from last 5 year average period. It has been dough 5% as of 21st July, 2019. 57%

crop of Corn is in good to excellent condition which is down by 1% compared to previous week.

In India, maize has been sown in around 55.11 lakh hectares as on 17th July’19 which is lower

than 55.50 lakh hectare covered during corresponding period last year. In Karnataka, it has been

sown in 6.19 lakh hectare which is lower than 9.20 lakh hectare covered during corresponding

period last year. However, in M.P, maize has been sown in around 12.84 lakh hectares which is

higher than 10.74 lakh hectares covered during corresponding period last year. In Rajasthan,

maize has been sown in around 8.44 lakh hectares which is higher than 8.04 lakh hectares

covered during corresponding period last year.

As per media report, MMTC, Indian state-run trading company, has issued another international

tender to import yellow corn. The volume of purchase is not decided yet but minimum offers

are 24,000 tonnes to 25,000 tonnes. The tender closes on July 30 and offers must remain valid

until Aug. 12. The MMTC is asking for offers of corn for the shipment between August 1-31,

September 1-30 and October 1-31.

As per media report, Government has allowed another 4 lakh tonnes of feed grade Maize(dent

corn) to be imported under TRQ @ 15 % custom duty for actual users. Earlier, Government

allowed 1 lakh tonnes of feed grade Maize (corn) under TRQ wherein MMTC and NAFED each

were allowed to import 50,000 tonnes of corn for poultry firms during the financial year 2019-

20; starting from April 1.


27/09/2017

As per trade sources, India exported around 35,016 MT of maize for the month of May’19 at an

average FoB of $288.95/ MT. Indian maize is exported mainly to Nepal mainly through Raxaul

followed by Jogbani ICD and Sonauli ICD port.

The Government has given its approval to increase the MSP of Maize by Rs. 60 per quintal to Rs.

1760 per quintal for kharif season of 2019-20.

Prices & Arrivals:

Maize

State/ District

Market Grade Modal Price (Rs./Qtl)



Telangana Nizamabad Bilty 2425 2425 Unch 3000 3000 Unch AGRIWATCH

Bihar Gulabbagh Bilty 2150 2150 Unch NA NA - AGRIWATCH

Karnataka Davangere Bilty 2350 2350 Unch 1000 1000 Unch AGRIWATCH

Delhi Delhi Loose 2100 2100 Unch NA NA - AGRIWATCH

Andhra Pradesh

Kurnool Loose NA NA - NA NA - ENAM

*Difference between current and previous day’s prices.


27/09/2017

Sugar


Kolhapur sugar market price stood at Rs.3100 and khatauli market prices at Rs. 3325. The prices are likely to remain steady.

The area under sugarcane has slightly risen to 20,369 ha from 16,275 ha previous year also higher than normal area as on 24th July at 17,866 ha in Telangana. The area planting under sugarcane has almost been completed in the state.

Today’s Developments that are still Influencing Markets:

(23rd July 2019) Government has approved to increase the buffer stock to 40 lakh tonnes from 30 lakh tonnes for one year starting from 1st August to 31st July’20 2019-20 season. For this, the Central government would incur the estimated maximum expenditure of Rs 1,674 crore. This created a relief among the sugar mills across the country.

(23rd July 2019) As India is focusing on diversion of cane crush to ethanol production, India has so far around 29.5 crores of litres of ethanol have been supplied to oil manufacturing companies. A few months ago, the Centre approved incentives worth Rs 3,300 crore to help sugar mills boost ethanol production capacity. Since India is struggling to clear the sugar stocks due to higher price of sugar in Inida compared to other countries, it becomes necessary to opt ethanol production instead of sugar production in the coming season.

(22nd July 2019) The Agriculture Ministry has released the sugarcane area as on 18th July, the area progressed slightly to 50.01 lakh ha. The area is slightly higher by 1.69 lakh ha against the normal area and lagging behind by 2.03 lakh ha from the corresponding period in the previous year. The large decrease in area is seen in Telangana, Maharashtra, Tamil Nadu and AP by 35%, 23.64%, 22.9%, and 10.85% respectively from last year. The south India and some parts of Maharashtra have been affected adversely due to bad rainfall scenario in the current monsoon.

(18th July 2019) India has allowed 1239 tonnes of raw sugar exports to US upto 30th September ’19 under TRQ (Tariff rate quota) which enables shipments on relatively low tariffs. It is a preferential quota that the country enjoys duty free exports upto 10,000 tonnes to US and additional quantity to the allotted quota would be charged higher tariffs on the imports to US.

(17th July 2019) India is likely to continue the export subsidies on sugar even after Brazil, Guatemala and Australia lodged complaint at WTO as it is against the global trade practices. Export subsidies are important so as to clear increase the shipment of sugar and thus helping in reducing the rising sugar inventories.

(16th July 2019) According to the ministry, India has huge potential of manufacturing ethanol as in 2018, country's ethanol market was of Rs 11,000 crore and this year it will probably go up to Rs 20,000 crore. The government has decided to proceed with a phase wise approach to achieve this target. The first generation of ethanol is expected to be produced from molasses, second generation will be from sugar cane juice and the third generation of ethanol will be generated from biomass. The government wants to accelerate the use of ethanol as fuel and also requested the petroleum ministry to start giving permission for setting up of ethanol pumps. This step will encourage the sugar mills to divert the sugar production to ethanol production from next year and would help clearing the sugar stockpiles in India.

(15th July 2019) Sugarcane acreage in the latest report released by Ministry of Agriculture as on 11th July’19 stood same at 49.98 lakh hectare 3.96% lower compared to last year in the same period (52.04 lakh ha) whereas ahead by 3.51% compared to normal area of the corresponding


27/09/2017

week. The crop condition is average but the deficient rainfall in the coming weeks would affect the crop adversely on yield.

(13th July 2019) Severe drought circumstances has reduced the total sugar production estimates to 13 million tonnes in Thailand around 7% reduction is expected compared to this year (2018-19). Sugarcane output is expected to decline about 8% to 120 million tonnes in 2019-20 season which will start from Nov’19 due to scanty rainfalls and decreased acreage compared to 130.9 million tonnes of cane in 2018-19. But it is highly dependent on rainfall whether the output would increase or decrease.

(12th July 2019) The Brazilian real rallied to a 3-1/2 month high against the dollar on Wednesday, which discourages export selling by Brazil’s sugar producers. Sugar prices also have support from reduced sugar output in Brazil, the world's biggest sugar producer, after Unica reported Wednesday that Brazil's 2019/20 Center-South sugar production through June fell -8.9% y/y to 8.905 MMT.

(10th July 2019) According to All India Sugar Trade Association, the Central Government should introduce dual MSP where Central Northern states MSP to be higher than that of Central Southern states or Maharashtra State Government gives transport subsidy for the difference of transportation cost which can enable Maharashtra to sell the allotted quota allotted every month.

(10th July 2019) Since Oct’18 to May’19, the Central Government has allocated 60.50 LMT to sugar mills in Maharashtra and mills are able to sale only approximately 46 LMT failing to sell 14 LMT and hence falling short of cash liquidity worth Rs. 4350 crores. There is excess transportation cost difference of Rs.1800 to Rs.2000 per MT which Maharashtra seeks help from the Government.

Prices :

Sugar (M grade)

State/ District Market

Modal Price (Rs /Qtl)

Change Source 25 July-19 24 July-19

Maharashtra Kolhapur 3100 3110 -10 AW

Uttar Pradesh Khatauli 3325 3325 Unch AW

Andhra Pradesh Vijayawada 3560 3560 Unch AW

Delhi Delhi 3220 3220 Unch AW


27/09/2017

Cotton Today’s Developments:

As on 24th July’19, area under cotton in Telangana in still slightly lagging behind by 0.04 lakh ha at 15.87 lakh ha and 15.91 lakh ha in the corresponding period last year. Similarly, in Andhra Pradesh also the area has declined to 2.29 lakh ha and which was 3.22 lakh ha in the previous year. The sowing is almost 70-90% completed in both the states and waiting for sufficient rainfall for its good vegetative growth.

Recent Developments that are still Influencing Market:

(25th July 2019) Total MCX stock position stood as on 23rd July’19, stood at 1.27 lakh bales with 66,600 bales in Gujarat, 48,000 bales in Maharashtra and 13,000 bales in Telangana with total utilized capacity of 1,48,050 bales.

(24th July 2019) Due to waterlogging, the Punjab State Agriculture Department revealed that 90,563 acres of crop mainly cotton and paddy has been damaged. Bhatinda was the worst affected district bearing 31.5% of the total damage.

(23rd July 2019) The US Export Sales report indicated that 54,034 RB of 2018-19 upland cotton was sold in the week that ended on July 11th which was more than 4 times the same week last year and 1% up from the previous week. Weekly shipments were shown at 310,285 RB, down by 7% from previous week as just 7,641 RB went to China and 36.5% larger than the same week last year. Lack of demand and the long-drawn trade dispute between the United States and China has pushed cotton prices down over 16% so far this year.

(22nd July 2019) Good rains are hovering around the cotton belts covering all the states. In contrast, the heavy spell of rainfall in near district of Bhatinda, the cotton crop is in verge of being damaged as around 6,500 ha crop is lying in the stagnant water from last 2 to 3 days. If the crop remains submerged for more than 2-3 days, cotton crop would be damaged and could not survive as cotton has less water requirement.

(19th July 2019) Around 61% cotton crop has been sown in AP and the area slide down to 1.55 lakh ha as on 17th July’19, 0.32% less compared to 2.28 lakh ha in 2018-19 and 0.39% down to normal area during the corresponding period. The area in Telangana reached 13.53 ha till 17th July’19 slightly lower by 1.21 lakh ha in 2018-19 and down by 1.31 lakh ha to normal area during the same period.

(18th July 2019) Cotton yarn exports from India have fallen down by 22 per cent in the first quarter as decline in global demand and higher prevailing domestic cotton prices prevailing over the trade. The global cotton yarn demand is also under stress as GDP growth in China has fallen and there are similar trends in major cotton markets including Bangladesh. This year, yarn exports are down to China, Bangladesh, Pakistan and European markets. India is the worlds’ largest exporter of cotton yarn and has major markets in China, Bangladesh, Pakistan, Vietnam and South Korea. The down trend in export of cotton yarn is worsened by low margins in Indian cotton market due to higher domestic prices.

(16th July 2019) CAI estimates the cotton production likely to decline further by 3 lakh bales in the current season (2018-19). According to CAI, the arrivals of 303.56 lakh bales upto 30th June 2019, imports of 11.28 lakh bales upto 30th June 2019 and the opening stock at the beginning of the season on 1st October 2018 at 33 lakh bales. CAI has estimated cotton consumption during the months of October’18 to June’19 at 243.12 lakh bales while the export shipment of cotton estimated by the CAI upto 30th June 2019 is 44.10 lakh bales.


27/09/2017

(15th July 2019) According to the latest report released by USDA, indicates India may produce 37.14 million bales cotton in the coming season 2019-20 which is 9.43% higher than previous year’s estimates of 33.94 million bales in 2018-19 with an ending stock of 10.56 million bales. Similarly, yield is also expected to increase to 508 kg/ha 9.33% higher than 458kg/ha in 2018-19. All these conditions are predicted under normal rainfall conditions as India got above average rainfall in the second week of July.

(15th July 2019) Cotton acreage in the latest report released by Ministry of Agriculture as on 11th July’19 stood at 77.71 lakh hectare 0.2% higher compared to last year in the same period which stood at 77.5 lakh. The slight increase in area this year is due to delayed monsoon, competitive crops are being replaced by cotton in some areas.

(13th July 2019) India receives 28% above average rainfall this week especially in cotton growing area of central India which was very important for the vegetative growth of cotton in its initial growth. The cotton crop in India needs average or above average rainfall in the coming weeks so as for the good health of the crop. But according to the latest report released by IMD, reveals that in the coming next two weeks the rainfall is expected to be below normal in India which seems to be very crucial for kharif growing crops for its initial vegetative phases. As in many cotton growing regions, the seedling are in need of water for proper germination.

(11th July 2019) According to the latest US crop progress report week ending 7th July’19, 47% of the crop is squaring although less than last years’ progress which was 57% in the same time. The condition of the crop seems good with warming temperatures suitable for the development of the crop. Possibility for the positive impact on the yield of the crop in 2019-20 season.

Prices:

Cotton

State/ District Market

Modal Price (Rs /Qtl)

Change

Arrivals (Qtl)

Change Source 25July-19 24-July-19 25-July-19 24-July-19

Gujarat Rajkot 6250 6220 30 180 210 -30 Agriwatch

Andhra Pradesh Adoni

NA NA -

NA NA - Agriwatch

Andhra Pradesh Guntur NA NA - NA NA - NAM

Andhra Pradesh YEMMIGANUR NA NA - NA NA - NAM


27/09/2017

Palm Oil


No significant development today


(25 July 2019)- Palm oil international prices are expected to be supported by rise in exports of

palm oil in Malaysia and slow rise in production of palm oil. Palm oil end stocks are expected to

rise slowly in Malaysia in July on rise in exports of palm oil and slow rise in production of palm

oil. Exports of palm oil is expected to rise in July from Malaysia on higher demand from top

importing destinations especially India and EU. Further, fall in prices of palm oil will support

bargain buying at lower levels. Palm oil imports by India from Malaysia is expected to rise due to

parity in refining, fall in prices of palm oil and lower import differential between CPO and RBD

palmolein from Malaysia. However, high inventory at Indian ports will limit gains in imports.

Import demand from China has remained firm in July due to lower imports of soybean by the

country due to outbreak of swine flu which has led to lower supply of soy oil leading to higher

palm oil imports. Palm oil production in Malaysia in July is expected to rise on seasonal uptrend

of production and return of labor to plantations after Ramadan leave. So production will rise

July in Malaysia. Rise in crude oil prices due to OPEC production cuts is expected to support

palm oil prices.

(23 July 2019)- According to cargo surveyor Societe Generale de Surveillance (SGS), Malaysia’s

July 1-20 palm oil exports rose 3.2 percent to 926,257 tons compared from 897,936 tons in

corresponding period last month. Top buyers were India at 240,075 tons (247,334 tons),

European Union 211,515 tons (151,665 tons), China at 99,990 tons (118,800 tons), Pakistan at

39,000 tons (35,000 tons) and United States at 49,200 tons (77,775 tons). Values in brackets are

figures of corresponding period last month.

(17 July 2019)- According to Malaysia Palm Oil Board (MPOB), Malaysia kept Aug crude palm oil

export tax unchanged at 0.0 percent. Export duty of palm oil is calculated at reference price of

1905.38 ringgit ($463.93) per ton. Tax is calculated above 2,250 ringgit starting from 4.5 percent

to a maximum of 8.5 percent.

(16 July 2019)- Crude Palm oil import scenario- According to Solvent Extractors Association

(SEA), CPO Imports rose 38.03 percent y-o-y in June to 4.21 lakh tons from 3.05 lakh tons in June

2019. Imports in oil year 2018-19 (November 2018-June 2019) were reported marginally lower

y-o-y at 41.67 lakh tons compared to 41.72 lakh tons in corresponding period last oil year.

(16 July 2019)- RBD palmolein import scenario- RBD palmolein imports rose y-o-y in June 44.63

percent to 2.56 lakh tons from 1.77 lakh tons in June 2018. Imports in oil year 2018-19

(November 2019-June 2019) were reported higher by 38.86 perecent y-o-y at 18.26 lakh tons

compared to 13.15 lakh tons in corresponding period last oil year.

(16 July 2019)- According to Indonesia Palm Oil Association (GAPKI), exports of palm oil (CPO

and PKO) from Indonesia rose 12.0 percent in May y-oy to 2.40 MMT from 2.14 MMT in May

2018. Exports of palm oil (CPO and PKO) rose 18 percent m-o-m in May at 2.40 MMT compared

to Apr 2019 at 2.03 MMT. Stocks of palm oil in May 2019 rose to 3.53 MMT from 2.43 MMT in

Mar.


27/09/2017

(15 July 2019)- According to United States Department of Agriculture (USDA) July estimate,

India’s 2019/20 palm oil imports estimate have been reduced to 9.75 MMT from 10.75 MMT in

its earlier estimate, lower by 9.3 percent. Palm oil consumption have been lowered to 9.925

MMT from 10.925 MMT in its earlier estimate, lower by 9.15 percent. Further, palm oil import

estimate of 2018/19 have been reduced to 9.5 MMT from 10.5 MMT in its earlier estimate,

lower by 9.5 percent. Consumption of palm oil have been lowered to 9.6 MMT from 10.6 MMT

in its earlier estimate, lower by 9.4 percent.

(9 July 2019)- According to Malaysia Palm Oil Board (MPOB), Malaysia’s June palm oil stocks fell

0.97 percent to 24.24 lakh tons compared to 24.47 lakh tons in May 2019. Production of palm oil

in June fell 9.17 percent to 15.18 lakh tons compared to 16.72 lakh tons in May 2019. Exports of

palm oil in June fell 19.35 percent to 13.83 lakh tons compared to 17.15 lakh tons in May 2019.

Imports of palm oil in June rose 63.86 percent to 1.01 lakh tons compared to 0.62 lakh tons in

May 2019. End stocks of palm oil fell less than trade expectation on lower exports and higher

imports of palm oil.

(1 July 2019)-According to Indonesia trade ministry, Indonesia kept July crude palm oil export

duty unchanged at zero. The reference price is set at USD 542.45 per ton, much lower than

lower threshold for export duty and below threshold of USD 570 to calculate export levy.

Indonesia has kept crude palm oil export duty at zero since May 2017.

Prices:

Palm Oil Prices (In Rs./ 10 Kg)

State/District Market 25 July 2019 24 July 2019 Change Source

Crude Palm Oil (FFA 5%)

Gujarat Kandla 502 502 Unch Agriwatch

Andhra Pradesh Krishnapatnam 505 505 Unch Agriwatch

RBD Palmolein

Gujarat Kandla 575 575 Unch Agriwatch

Andhra Pradesh Kakinada 565 562 3 Agriwatch

Andhra Pradesh Krishnapatnam 550 550 Unch Agriwatch


Futures prices of CPO at MCX:

Palm Oil at MCX

Contract Open High Low Close Change Volume(Lots) O.Int

31-Jul-19 504.30 509.50 504.30 508.80 5.20 1080 2765

31-Aug-19 510.70 517.00 510.70 516.40 7.60 1330 4511

30-Sep-19 514.00 520.00 514.00 519.90 8.50 82 672

As on 24-July-2019 at 9 pm Rs/10 Kg


27/09/2017

Sunflower oil




(24 July 2019)-Sunflower oil premium over soy oil in CNF markets have decreased to $127.5 per

ton from $122 per ton last week and premium in domestic markets have reached to Rs 75 per

10 kg, up Rs 60 per 10 kg from last week. Also, premium of sunflower oil over RBD palmolein is

at Rs 242 per 10 kg vs Rs 245 per 10 kg last week. Prices of sunflower oil are estimated to trade

higher on firm demand and parity in imports. High premium over palm oil will cap gains in

prices.

(16 July 2019)-Sunflower oil imports scenario- According to Solvent Extractors Association (SEA),

Sunflower oil imports fell 26.70 percent y-o-y in May to 1.62 lakh tons from 2.21 lakh tons in

June 2018. Imports in oil year 2018-19 (November 2018-June 2019) were reported lower by

12.67 percent y-o-y at 16.34 lakh tons compared to 18.71 lakh tons in corresponding period last

oil year.

(15 July 2019)-According to United States Department of Agriculture (USDA) July estimate,

India’s 2019/20 sunflower oil import estimate have been raised to 26.5 lakh tons from 24.5 lakh

tons in its earlier estimate, higher by 8.16 percent. Sunflower oil consumption have been raised

to 27.5 lakh tons from 25 lakh tons in its earlier estimate, higher by 10 percent. Further, India’s

2018/19 sunflower oil import estimate have been raised to 26 lakh tons from 24 lakh tons in its

earlier estimate, higher by 8.33 percent. Sunflower oil consumption have been raised to 28.5

lakh tons from 26 lakh tons in its earlier estimate, higher by 9.62 percent.

(9 July 2019)-Sunflower oil premium over soy oil in CNF markets have decreased to $122 per ton

from $98 per ton last week and premium in domestic markets have reached to 60 per 10 kg, up

Rs 33 per 10 kg from last week. Also, premium of sunflower oil over RBD palmolein has

increased to Rs 245 per 10 kg Rs 210 per 10 kg last week. Prices of sunflower oil are estimated to

trade higher on firm demand and parity in imports. High premium over palm oil will cap gains in

prices.

(28 June 2019)-Sunflower oil premium over soy oil in CNF markets have decreased to $98 per

ton from $77 per ton last week and premium in domestic markets have reached to 33 per 10 kg,

up Rs 20 per 10 kg from last week. Also, premium of sunflower oil over RBD palmolein has

increased to Rs 210 per 10 kg Rs 200 per 10 kg last week. Prices of sunflower oil are estimated to

trade higher on firm demand and parity in imports. High premium over palm oil will cap gains in

prices.


27/09/2017

Prices:

Sunflower Oil Prices (In Rs./ 10 Kg)


Tamil Nadu Chennai 820 815 5 Agriwatch

Andhra Pradesh Krishnapatnam 810 812 -2 Agriwatch

Andhra Pradesh Kakinada 810 812 -2 Agriwatch


Groundnut oil

Today’s Developments



(18 Jul 2019) Groundnut oil is expected to be supported by firm groundnut oil demand. Retail

demand is there as these levels. Groundnut oil supply is weak due to no auction of groundnut by

NAFED which has decreased supply of groundnut thereby decreasing supply of groundnut oil.

There is parity in crude of groundnut in Gujarat for premium quality oil but most of the trade is

in medium quality oil where there is no parity. Bad crop condition of groundnut in Gujarat is

expected to support groundnut oil prices. There is less export demand of groundnut oil and

most of the export demand is in medium quality oil.

In Andhra Pradesh groundnut oil demand has weakened as groundnut oil demand season is

over. Groundnut oil stocks position is good in the market. Groundnut oil from Gujarat is coming

to Andhra Pradesh due to parity. However, demand of groundnut oil has weakened due to

higher prices of groundnut oil. Groundnut oil prices are expected to be supported by weak

condition of groundnut crop in Andhra Pradesh and Karnataka as there has been no rains in

groundnut growing area and sowing window is almost over.

(28 Jun 2019) Groundnut oil prices are expected to be supported by weak supply prospects and

firm demand. Supply of groundnut oil has decreased due to lower auction of groundnut by

NAFED as it is quoting higher prices at auction. This has led to lower supply of groundnut oil

supporting prices. Further, demand has firmed in expectation of low supply prospects.

In Andhra Pradesh prices are supported due to peak demand season. Demand will remain firm

until July as demand from pickle manufacturers, chatni and other value added products pick up

during this period.

(21 Jun 2019) Groundnut oil prices are expected to be underpinned by fall in demand due to rise

in prices of groundnut oil and high volatility in prices. Groundnut oil prices surged in very short

interval denting demand. Retail demand waned due to high volatility in prices. Higher volatility

in prices leads to weakening of demand.


27/09/2017

In Andhra Pradesh groundnut price are expected to be supported by peak season demand.

Demand in Andhra Pradesh generally firms between May-July on account of higher demand

from pickle manufacturers, chatni and other value added products.

Prices:

Groundnut Oil Prices (In Rs./ 10Kg)


Gujarat Rajkot 1150 1150 Unch Agriwatch

Telangana Hyderabad 1060 1060 Unch Agriwatch

Tamil Nadu Chennai 1030 1080 -50 Agriwatch



27/09/2017

Rice


Due to the Defaulter of Iranian importers, there may be a huge loss to Indian rice Exporters.

Being a defaulter of Iran's leading rice importer company, payment of 1000 crores ($ 14 million)

of many Indian rice exporter firms has been hanging in the balance. It is understood that the

Iranian company has filed an application for declaring itself as bankruptcies, which has

questioned the expectations of the payment recovery. Payment of Indian exporters is stuck on

some other Iranian firms too.

Paddy crop in Thailand is affected by drought, while the crop in Bangladesh is battling floods

and around 50,000 hectares paddy area has been affected due to flood. According to the

Thailand Meteorological Department, the rainfall is the lowest in the last 10 years; and thus the

paddy production may have an impact. This year Thailand has targeted to export 9 million

tonnes, which is less than 5 lakh tonnes from the first target given this year. There is also the

possibility of the reduction of sowing area in India due to poor monsoon.

Recent Developments that are still influencing the Markets:

(25th Jul 2019) Farmers are disturbed by the lack of rainfall in the major paddy producing areas of West Bengal, Hubli, Vardhaman, Midnapore and Bankura. Transplanting of paddy has not started yet in many areas. Transplanting of paddy in West Bengal usually starts at the end of May but this year, due to lack of water, sowing is getting delay. West Bengal produces 200-250 lakh tonnes of paddy per year. This year the West Bengal government can purchase 56 lakh tonnes of paddy. Bangladesh cannot import rice from West Bengal due to hike in import duty on rice by 28% by the country.

(23rd Jul 2019) In the absence of monsoon, Chhattisgarh is once again becoming dry like situation. With less monsoon, paddy cropping was not done in 50% of the area of Chhattisgarh. Durg and Rajnandgaon districts are battling shortage of water. Rainfall in the state so far 24% less than normal. If the rain does not occur at the right time, the productivity of crops specially paddy in Chhattisgarh can fall.

(22nd Jul 2019) 15,000 farmers of Haryana, who were producing traditional paddy for the last 20 years, sown maize instead of paddy this year. Paddy has been sown in 6.8 lakh hectares in Haryana till July 18, which was 10.6 lakh hectare last year. About 23 thousand hectares of maize has been sown, which was 21 thousand hectare last year.

(20th Jul 2019) Indian farmers planted an array of summer-sown crops on 56.7 million hectares, down 6.9% year on year. Planting of rice, the key summer crop, was at 14 million hectares on Friday, against 15.1 million hectares at the same time last year. The sowing of rice and pulses are worst affected with oilseeds and coarse cereals showing some recovery. Some of the States reporting lower planting of rice are Haryana, Madhya Pradesh, Chhattisgarh, West Bengal, Andhra Pradesh and Telangana. The monsoon rainfall has been patchy in most of these States so far this season India’s monsoon rains were 20% below average in the week ending on Wednesday, with summer showers having turned patchy over the central, western and southern parts of the country. Overall, India has received 16% lower than average rain since the monsoon season began on June 1.


27/09/2017

(19th Jul 2019) With the shortage of rain in Andhra Pradesh, the sowing of Kharif crops is going much behind the previous year and its speed remains slow. According to official figures, till July 17 this year, the total production area of kharif crops was reached at 6.01 lakh hectares which is much lower than last year's sowing area of 11.48 lakh hectares and the general average area is only 15.7 percent of 38.30 lakh hectare. The Andhra Pradesh government has set a target of sowing of kharif crops in 42.04 lakh hectares this time. According to latest data of State Agriculture Department, this year, the production of paddy in Andhra Pradesh has dropped from 4.17 lakh hectares to 2.06 lakh hectare compared to last year.

(12th Jul 2019) As per the ministry of Agriculture, Kharif Rice acreage as on 12th July 2019 has declined by 11 per cent at 97.77 lakh hectares as compared to 109.88 lakh hectares same period & down by 19.4% from normal area as on date of 121.3 lakh hectares.

(10th Jul 2019) The total procurement by FCI for Rice KMS 2018-19 stood at 437.51 lakh tonnes much higher than 381.84lakh tonnes in previous year due to higher production estimate, procurement is higher this year as compare to last year. As on 8th July’19, highest procurement of 113.34 lakh tonnes was in Punjab followed by Telangana & AP procuring 51.86 lakh tonnes and 45.65 lakh tonnes respectively.

(8th Jul 2019) Government has offered 237290 tonnes of rice in OMSS until fourth tender in June’19 out of which 218690 tonnes was sold. State government bought 218690 tonnes of rice whereas no sales happened among bulk consumers. In the month of June’19, government has sold 111000 tonnes of wheat against offered quantity of 190100 tonnes.

(4th Jul 2019) The Government has announced to increase the MSP of normal grade paddy by

65 rupees to 1815 and 'A' grade Paddy MSP of 1835 rupees per quintal. MSP increased in

paddy, not according to expectation. The government does not want to encourage paddy

sowing to see the water crisis. Increasing the MSP will not affect the prices of paddy.

Prices & Arrivals

Rice

State/ District

Market Variety Modal Price (Rs /Qtl)


Change Source

25 Jul-19 24-Jul-19 25-Jul-19 24-Jul-19

CHHATTISGAR

H

BALOD PADDY-SWARN

A MASOO

RI

1800 1750 50 380 400 -20 E-nam

CHHATTISGAR

H

BHATAPARA

PADDY-HMT

2100 2100 Unch 580 600 -20 E-nam

CHHATTISGAR

H

BALOD PADDY 1001

1710 1710 unch 450 400 50 E-nam

TELANGANA

BADEPALLY

Paddy RNR

1720 1720 unch 150 180 -30 E-nam


27/09/2017

TELANGANA

MAHBUBNAGA

R

RNR 1820 1800 20 250 200 50 E-nam

Disclaimer

The information and opinions contained in the document have been compiled from sources believed to be reliable. The company

does not warrant its accuracy, completeness and correctness. Use of data and information contained in this report is at your own

risk. This document is not, and should not be construed as, an offer to sell or solicitation to buy any commodities. This document

may not be reproduced, distributed or published, in whole or in part, by any recipient hereof for any purpose without prior

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pulses - andhra pradesh · (22nd july-2019) as per all india dal millers association president...

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