Press Releases
 
Epic Research Weekly Agri Commodity Report Of 10 December 2018

NCDEX Tips,

India, 10 December 2018 -- India's Mustard land area is likely to expand by 6.5% on year to 6.7 mln ha in 2018–19 (Jul-Jun), as per the average estimation of 10 key edible oil companies and two brokerage houses.

India's Mustard land area is likely to expand by 6.5% on year to 6.7 mln ha in 2018–19 (Jul-Jun), as per the average estimation of 10 key edible oil companies and two brokerage houses.
The likely rise is seen on the back of a higher minimum support price and as farmers preferred sowing Mustard over Pulses in some parts of the country. The Centre has fixed the minimum support price for Mustard at 4,200 rupees per 100 kg for 2018–19 compared with 4,000 rupees the previous year, have paved way for increase in Mustard land area.
In Rajasthan, Mustard acreage is likely to increase to over 2.3 mln ha from 1.9 mln ha last year. The expected rise in area is also because of a fall in temperatures in Rajasthan, the largest grower, which is favourable for the Oilseed.
This financial year, prices of Pulses have been largely down. Therefore, growers preferred to sow Mustard over Pulses in key growing areas including Rajasthan. Farmers across the country had sown Mustard across 5.79 mln ha as of Nov 29, up 4.3% from a year ago. Last year, Mustard acreage was at 6.7 mln ha. With growers having an expectation that state governments might bring Mustard under the Bhavanatar Bhugtan Yojana, when fresh arrivals begin in full swing, might also encourage farmers to sow more of the oilseed, Mustard Oil.
Economic News
India's October tea production fell 3.7 percent from year ago to 176.44 million kg as plucking dropped in top producer north-eastern Assam state, according to latest data from the state-run Tea Board.
Production in Assam fell 7.6 percent to 96.21 million kg in October, the board said. The country's tea exports in first ten months of 2018 edged up 1.2 percent from a year ago to 200.38 million kg, the board said.
India, the world's second-biggest tea producer, exports CTC (crush-tear-curl) grade mainly to Egypt, Pakistan and the United Kingdom, with the orthodox variety exported to Iraq, Iran and Russia.
Commodity Headlines
India's Tea production drops 3.7% in October ICEX to allow trading in Black Pepper, Cardamom India sign deal with Iran to pay Crude Oil bill in Rupee Centre to introduce new policy to double agri export by 2022 Global food prices decline in November: FAO Mustard acreage likely to rise 6.5% in FY 2018–19 Fitch cuts India's growth forecast to 7.2% for FY19

Epic Research Limited delivers reliable trading advice for traders to fulfill their goals and return expectations is very true. Every day we work for 2 different things: thorough research on market movements & deliver those high efficiency calls timely to our clients and help them to make their investment at the right place. We have designed services for different investors as per their needs like commodity tips , equity tips, agri tips and many more to serve our clients. 
Want to take a FREE TRIAL? Visit our site link below and become a part of our Epic family. Happy trading.http://www.epicresearch.co

# # #


Submitted by Epic Research, Epic Research Pvt.Ltd indore on Monday, 10 December 2018 at 1:38 PM
Category: Business
 
Related News

The way to Change a Tyre in your Personal
Sunday, 20 Jan 2019

How to Jump Start a Car
Sunday, 20 Jan 2019

Fuel Delivery Companies - What Do They offer?
Sunday, 20 Jan 2019

Solving Your Car Lockout Problem Together with the Enable of Car Locksmith
Saturday, 19 Jan 2019

8 Benefits of 6D Eyebrow Embroidery
Saturday, 19 Jan 2019

Related Events

China Britain Trade Expo January 2019, QEII Centre London
Friday, 18 Jan 2019

Palo Alto Networks: Traps UTD - Mumbai 18 January 2019
Friday, 18 Jan 2019

Linde and Siemens Connected Safety Challenge
Friday, 18 Jan 2019

Montreal Graduate Fair - Meet Top US And International Master's Programs
Sunday, 20 Jan 2019

Palo Alto Networks: Cloud Security Automation Workshop
Tuesday, 22 Jan 2019

Latest News

The way to Change a Tyre in your Personal
Sunday, 20 Jan 2019

Bogdan V Has released his breakthrough method for women over 45 to reach their ideal weight
Sunday, 20 Jan 2019

How to Jump Start a Car
Sunday, 20 Jan 2019

Fuel Delivery Companies - What Do They offer?
Sunday, 20 Jan 2019

Solving Your Car Lockout Problem Together with the Enable of Car Locksmith
Saturday, 19 Jan 2019

 
Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2019
Today is Sunday, 20 January 2019

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Business
Consumer Technology
Economy
Education
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
Legal/Law
News & Media
Religion
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!


Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.


  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.


    Resources
  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • Breast Ultrasound CME Course with Tom Stavros, San Antonio 2019
  • Maternal-Fetal Imaging CME Course Advances in OB-GYN Ultrasound 2019
  • 2nd Tri-Regional Meeting - A New smile for Africa, Jan 2019, Kenya
  • China Britain Trade Expo January 2019, QEII Centre London
  • Palo Alto Networks: Traps UTD - Mumbai 18 January 2019

  • Latest Jobs
    Sorry, there are currently no entries posted here.