Akula bala chandra
161 posts


@RailTel your data server for Aadhaar authentication with cci is down from 3 days, procurement has come to standstill, please resolve immediately
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@jagdish_soni Atleast half of the arrivals is of 2022-23 cotton
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@jagdish_soni Very serious damage, seed sales should have been extremely regulated, hope gujrat and MH crop is safe
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@OctaviaNichole premium turmeric in India priced at 4$/lb
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@Jose_Analyst stil there is huge carry over stock, current crop is all time low, both acreage and yield wise.
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@Birenvakil Actual turmeric sowing in telengana was down 70% for 2022-23 season, it's hard to believe but it's true.
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NCDEX May #turmeric..TMC down move fm 7450 to 6450 took 56 trading days. But fm 6450 to 7450, it took just 5 days. A 6% limit up/ 4% limit up wiped out 2 month losses. Broader move was 11000-6500. Reactive bounce may extent toward 8200. 6500 may be support. Its Bear mkt rally.

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@carlquintanilla @WSJ How much higher that 10 year average
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Just in: #Australia and #India have agreed to conclude a Free Trade Agreement by the end of 2022, with an interim agreement that will be finalised by this Christmas, said Australian Minister for Trade, Tourism and Investment Dan Tehan after a meeting with #PiyushGoyal. |
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@Yash03040332 Look at past three quarter results of major spinning mills like kpr arvind rajapalayam mills and garmet makers margins have improved substantially, garment exports to US and EU are groing QOQ, so let us expect 55000+-~ for a long time.
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@AkulaChandra
Spinners shown good interest in good quality bales. Suddenly prices dropping. Futures sustaining long postions. Had talked with some traders, low buyers! #60000rsbales
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@REDBOXINDIA They just need to charge 3 rs per order to be in profits 😂😂😂
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@Yash03040332 @Birenvakil This is just market coolin gown, uptrend in cotton will stay for 2-3 years, atleast for india
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@Birenvakil Cotton bales price down by (1000 -1500) rs, some mills conveying drops in yarn prices. Mcx cotton also down to 25990. As a ginner , i worry what's really the reason behind this, though international demand is at boost. ICE cotton showing good results.
#dollarcotton
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