The arrival of indigenous gram has remained significantly less in the producing spot markets. The stockists and traders have not stocked much due to panic, whatever stock is with the government. As a result, desi gram will start gaining momentum as soon as the demand for pulses comes out. Currently, the increase is not that significant, but it is expected to increase by $0,06 per kg in the coming days.
At present, the arrival of desi gram has reduced to 20 percent in the spot markets of Rajasthan, Madhya Pradesh, and Maharashtra.
No gram from abroad is coming soon, and Diwali is the season of continuous consumption. On the other hand, with the introduction of GST, the boom will get more impetus. Therefore, any trader can expect profit at the current price by looking at the arrival and stock in the markets.
Traders say that the government has a stock of 2 million metric tonnes of desi gram, of which around 750 thousand metric tonnes have been sold. Furthermore, the old stock is not in the spot markets. In this situation, there is a possibility of further increase.
It has been five months since the crop of desi gram arrived, and the market has started improving due to the lower price.
On the other hand, it is worth noting that the pressure of agricultural goods has not been found in the productive modes till now. Despite all this, these grams prices are visible due to reduced trade to only one-third. Also, the pulse mills are not getting the quality of desi gram. Therefore, the market will increase when the subscription comes out.