Farmers continued to release their stocks on higher prices
Published on: Nov 23 2022, 03:38
As we mentioned earlier, new crop arrivals have started from Bedia and Byadgi markets. As a result of which some marginal corrections were reported during the start of this week. However, on good demand in the market, prices are trading steady today in major spot markets after the marginal corrections reported .
Farmers and stockists continued to release their stocks on getting higher prices due to which arrivals reported up by 1,000 bags in guntur benchmark market.
However, there is a fear among them of further corrections on the start of new crop arrivals from Bedia and Byadgi markets. As a result of which they are continuously releasing their stocks.