December 8, 2016
Crop arrivals to market are very low. Approximately 70-80% of raw material arrives and is sold in the Indian markets during April to early June which is the peak season. Raw material arrivals considerably slow down by end of June. Carry over stocks are also low. Consequently the market prices have firmed considerably with speculation driving uncertainty. The new crop sowing will take place in November and by early march 2017 we will have a clearer picture on the 2017 crop size. Based on the current market situation buyers are advised to purchase requirements to secure supply and pricing. We would be pleased to send you an offer.