24/03/2016
Today India entered the market on Kabuli for USA material new crop. Of course, like any other country, they are also desperately looking for current crop but there is nothing to be found. What few offers we find….are sold very fast. On newcrop branded USA kabuli we traded over 80 fcl today to India. They also started to buy B90 type. We practically have no position left to offer further quantities.
The prices are going up for sure.
There is a growing realization in India that their crop size may not even reach 3 lac tons. And there is severe shortage of small calibres.
This is just an informative communication and we hope it may be useful to you in terms of making an assessment of your needs and taking suitable action