Madurai, June 24 (IANS) The prices of major fine paddy varieties in Tamil Nadu have risen sharply as the Samba and late cultivation season comes to an end, triggering concerns among traders, millers and consumers over the availability of quality grain.Among the most sought-after varieties, Akshaya Ponni has reached record levels, selling between Rs 37 and Rs 42 per kilogram in wholesale markets. Other popular fine varieties, including RNR and Sree, are being traded at around Rs 37 to Rs 38 per k…
Latest Market prices News & Updates
Mumbai, June 11 (IANS) India’s market regulator, the Securities and Exchange Board of India (SEBI), on Thursday proposed a new mechanism to prevent the same stock from trading at significantly different prices across exchanges. The move is aimed at improving price discovery and liquidity, particularly in thinly traded shares.In a consultation paper, SEBI said that when a stock does not trade on one exchange but remains active on another, the inactive exchange should use the active exchange’s clo…
Chennai, March 22 (IANS) Tomato growers across several districts in Tamil Nadu are facing a severe crisis as market prices have dropped drastically, leaving them unable to recover even basic cultivation expenses.In many areas, farmers have stopped harvesting altogether, choosing to leave fully grown produce in the fields due to unremunerative rates.The sudden price crash has been attributed to a sharp increase in arrivals from multiple growing regions, leading to oversupply in wholesale markets….
Chennai, Feb 7 (IANS) Farmers across the rain-fed belts of Thoothukudi district have urged the Union government to extend the Minimum Support Price (MSP) mechanism to maize cultivated during the Rabi season, warning that the sharp fall in market prices has pushed them into financial distress.Maize, which is largely grown in the district after the northeast monsoon, is currently being procured by private traders at nearly ₹1,800 per quintal. Farmers say this is a steep decline compared to last …
Chennai, Jan 26 (IANS) As the samba paddy harvest gathers pace across the southern districts of Tamil Nadu, the open market has witnessed a sharp rise in the sale and prices of finer and superfine paddy varieties, offering farmers better returns than last year. Market participants say prices of premium varieties have increased by up to 30 per cent, driven largely by reduced inflows from neighbouring states and steady consumer demand. Samba paddy cultivation, typically undertaken between Septembe…