Traders want import curbs on chana as prices fall

PUNE: Traders have demanded restrictions on the import of chana as its prices have already plunged 20 per cent in anticipation of a bumper harvest this rabi season.
Compared to the subdued trend seen in prices of tur, moong, urad, etc, chana prices have remained firm for a long time, which made farmers increase acreage under rabi crop by 11.5 per cent in 2015-16 and by 13.5 per cent in the ongoing 2016-17 rabi season. As of December 15, farmers had planted gram on 96 lakh hectares. In Indore market of Madhya Pradesh, chana prices are between Rs 38-40 a kg, compared to the minimum support price (MSP) of Rs 44 a kg. At Latur market, At Latur market, chana prices are at Rs 36.50 a kg, down 17 per cent compared to MSP. Since the prices are way below MSP, traders and farmers' representatives have demanded immediate curbs on chana imports.
"Chana is being continuously imported from Australia into India. Two ships, which may be carrying about 2-3 lakh tonnes of gram are about to reach Mundra port," said Indore-based miller Suresh Aggarwal.
"We want imports to stop. The government should impose heavy import duty as early as possible," said Aggarwal.

Chana export import

Export Summary-U.S. sells soybeans to unknown; Egypt seeks vegoil

Sept 11 (Reuters) - Snapshot of the global export markets for grains, oilseeds and edible oils as reported by government and private sources as of the end of business on Monday:
SOYBEAN SALE: The U.S. Department of Agriculture said private exporters sold 352,000 tonnes of U.S. soybeans to unknown destinations for delivery during the 2017/18 corn marketing year that began Sept. 1.
FEED BARLEY PURCHASE: Turkey's state grain board TMO bought 60,000 tonnes of feed barley in a tender which closed on Monday, European traders said. The purchase awards were still subject to confirmation.
VEGOILS TENDER: Egypt's state buyer, the General Authority for Supply Commodities (GASC), said on Saturday it was seeking crude soyoil and sunflower oil in an international tender. The deadline for offers is Sept. 12, it said.
FEED GRAIN TENDER: A group of Israeli private buyers issued international tenders to purchase up to 90,000 tonnes of corn, 50,000 tonnes of feed wheat and 20,000 tonnes of feed barley, European traders said. The tenders close on Sept. 13. The corn should be sourced from the Black Sea region and is sought in three 30,000 tonnes consignments for shipment between Nov. 20, 2017, to Feb. 10, 2018.
FEED BARLEY TENDER: Jordan's state grain buyer issued another international tender to purchase 100,000 tonnes of animal feed barley to be sourced from optional origins, European traders said. Tender deadline is Sept. 14. Traders had been anticipating a new tender after Jordan made no purchase in its previous tender for 100,000 tonnes of barley on Sept. 7.
PENDING TENDERS:
FEED BARLEY, CORN TENDER: Iranian state-owned animal feed importer SLAL issued two international tenders to buy up to 200,000 tonnes of feed barley and 200,000 tonnes of corn, European traders said. The tenders close on Sept. 11.
RICE TENDER: Bangladesh's state grains buyer issued another international tender to purchase 50,000 tonnes of rice, traders said, stepping up the country's rice import program. The tender deadline is Sept. 12. The latest tender on Thursday sought non-basmati parboiled rice with offers to be made in CIF liner-out terms, including cost, insurance, freight and ship unloading costs.
WHEAT TENDER: Jordan's state grains buyer issued an international tender to purchase 100,000 tonnes of hard milling wheat which can be sourced from optional origins. The tender closes on Sept. 13.
SOYBEAN TENDER: South Korea's state-backed Agro-Fisheries & Food Trade Corp. issued international tenders to purchase around 10,000 tonnes of soybeans free of genetically modified organisms. The registration deadline to participate in both tenders is Sept. 14 with offers to be submitted on Sept. 15, they said.
SOYMEAL TENDER: Iranian state-owned animal feed importer SLAL issued an international tender to purchase about 200,000 tonnes of soymeal, European traders said. Offers in the tender must be submitted on Oct. 2. The soymeal can be sourced from Argentina or Brazil only and prices must be submitted in euros.