by EpicResearchJanuary 30, 2012
Jeera falls on higher sowing. Turmeric finishes up on steady demand.
Jeera falls on higher sowing.
Turmeric finishes up on steady demand.
Pepper edges higher on extended buying.
Soybean trades lower on lower export demand.
Weekly trends of the market
Food inflation falls 1.03%; primary article inflation softens food inflation in India remained in negative territory in the second week of January, mainly due to base effect and seasonal factors, data released by the government showed on Friday inflation in primary article decreased while that in fuel & power was static.
Wheat sown in 29.53 mn hectare, rice transplantation is in progress. The total area under rice is 17.64 lakh hectare against 19.27 lakh hectare during the corresponding period of last year. Higher area has been reported from tamil nadu (0.24 lakh hectare) and odisha (0.13lakh hectare ). pulses have been sown in 145.86 lakh hectare as against 146.76 lakh hectare last year significantly, higher are has been reported in Madhya Pradesh , Chhattisgarh, Gujarat and Bihar under gram , which is a dominant pulse crop of rabi season.
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