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Agricultural Exports Prices & Futures

12 Nov 08

(Indicative Commodity Prices in US$ PMT FOB port, India)

Cumin Seed - Jeera (fob Kandla/Mundra)
Machine Cleaned 99% - US$ 2275-2350
Best Machine Cleaned - US$ 2550-2625

With the falling spot and futures prices of cumin and once again depriciating rupee, the jeera prices are more competitive to trigger the buying interest of overseas importers.

Sesame Seed - 98/2 - US$ 1700-1750 (fob Kandla/Mundra)

As expected the sesame prices moved up.

Black Pepper MGI - US$ 2500-2550 (fob Kochi)

With the futures on the lower side than mandi (physical market) rates and due to depriciation of rupee this week Indian pepper prices are very competitive in International market.

Coriander Seed - 99% - US$ 1700-1750 pmt fob

The appreciating dollar and falling local prices helping exporters to offer dhainya seeds on more competitive prices.

Feed meals - by breakbulk

Soybean Meal - 280-282 pmt (fob Kandla/Bedi)

Rapeseed Meal - 203-205 pmt (fob Kandla)

Peanut / Groundunt Meal - 250-253 pmt (fob Bedi)

International Agricultural Prices (Other Origins on Fob pmt basis)

Soymeal (Argentina) - US$ 295

Soymeal (Brazl) - US$ 310

Corn (USA)- US$ 171-173

Corn (Brazil) - US$ 165-170

Crude Palm Oil (Indonesia) - US$ 440

RBD Palm Oil (Malaysia) - US$ 500

 

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