Asian Commodity

Asian Commodity All prices are Subject to Confirmation

Asian Commodity Trading is a Bangladeshi company engaged in import of wholesale Organic and non-organic spice seeds, oilseeds, Pulses and other raw material for food, feed and pharmaceutical industries.

Wishing everyone around the world a blessed and peaceful Eid ul-Adha Mubarak to all our buyers, sellers, partners, and f...
26/05/2026

Wishing everyone around the world a blessed and peaceful Eid ul-Adha Mubarak to all our buyers, sellers, partners, and friends.

May this holiday bring happiness, prosperity, and good health to you and your families. Let us enjoy this special occasion together and continue building stronger relationships and a better future for all. 🌙

14/10/2023

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     #40%   crop  #22/23Pulse crops don’t take up a lot of area compared to cereals and canola for winter cropping regio...
01/10/2022

#40% crop #22/23

Pulse crops don’t take up a lot of area compared to cereals and canola for winter cropping regions, but they are important in the rotation. We thought with the high price of nitrogen, pulses might have gained some ground this year, but it looks like they were trumped by high canola values.

The five main pulse crops grown in winter cropping zones are lentils, chick peas, field peas, faba beans and lupins. While the markets for the various pulse crops are different, the crops are generally used as a break from cereal, and to fix nitrogen for future crops.
Lentils have this year overtaken lupins as growers favourite pulse to plant, but it hasn’t been a direct switch. Hardly any lentils are grown in WA, which is expected to plant just 2% of Australia’s total lentil area. In WA lupins are the focus, with 68% of the total areas planted to lupins being in WA.

WA has had a strong lift in canola plantings this year, and this has come at the expense of lupins. WA lupin area is expected to be 23% lower this year, wiping 27%, or 200,000 tonnes off production.
Lentil production mainly comes from Victoria and South Australia, which this year are expected to plant 45 and 50% of the total areas respectively. Figure 1 shows total lentil area is forecast to reach a record this year, driven by an 8% increase in Victoria, and an 11.5% increase in SA.

Chick peas plantings have fallen below lentils, but they are not generally planted in the same areas. Most chick pea production is in Queensland and NSW. Chick pea prices aren’t strong enough relative to cereals and canola, and as such they are losing ground.
Figure 2 shows faba beans have enjoyed two big years in a row, and this has led to lower prices and a 6% fall in plantings this year. The fall is mainly due to a massive 76% fall in Queensland, which has had 2 strong years in a row. A 13% lift in expected faba bean production in Victoria will be offset by a 37% fall in SA, as yields are expected to decline from last year’s record of 2.4t/ha.

Field peas are the poor cousin in the pulse department with production expected to be relatively steady. A 13% fall in WA is forecast to be offset by an 8% lift on the east coast.



Regards / Asian Commodity

24/09/2022

Australia # Chickpeas

Chickpea prices have firmed marginally in the past month to reflect volume buying from Pakistan, and market realisation that Australia’s new crop will be a fraction the size of 2021-22 production.

Last month, chickpeas with minor weather damage were trading at $400-$420 per tonne delivered up-country container packer, and prices are consolidating at around $420-$425/t in the prompt market.

Current-crop chickpeas are being shipped in bulk from Central Queensland (CQ) ports to Pakistan, and this is clearing stocks of higher-quality chickpeas ahead of new crop.

“The Pakistan market is getting firmer, and demand is there because stock is required,” Wilson International Trade director Peter Wilson said.

Recent flooding in Pakistan has bolstered the demand for prompt deliveries of this dietary staple.

“The government is doing its best for displaced people.”
Harvest in Central Queensland (CQ) is expected to start in the next three weeks or so, roughly two weeks later than normal due to delayed planting and an unusually mild and wet growing season.

Bangladesh is expected to step into the market for new-crop bulk shipments if it hasn’t already.

Rgds / Asian Commodity

22/01/2022

Canadian Yellow Peas

This year, the price movement of Canadian yellow peas have been bullish and at $17 is trading near record higher price due to the crop loss owing to drought condition during summers. In the present scenario, the traders feel that these levels of prices are bit exaggerated.
The prices of peas in other parts of the world are much lower than that that of Canada and those countries are filling the deficit.

China 🇨🇳
The demand from China for Canadian peas is almost over and now waiting for the inquires to come from the food market. Whereas, China is looking towards countries Ukraine to fulfill its demand for peas as the prices are at discount as compared to Canada.

The farmers in Canada are trying to contract their 2022-23 new crop with Chinese buyers, but finding difficult at such higher premium prices. Hence, there is a notion that there might be large number of peas leftover in the Canadian market during the upcoming crop year, as it would find difficulty in attracting buyers. The current new crop bids are around $11-13 per bushel.

USA 🇺🇸
The only factor that would support the Canadian Yellow peas market is the demand coming in from the U.S.

19/01/2022

Pulses Update

Chickpeas

Demand for desi-type chickpeas is thin, due to limited demand coupled with quality issues.Traders report accumulation of No. 1 grade chickpeas for bulk shipments to go to Bangladesh has slowed. Growers in New South Wales with stained chickpeas appear to be in no rush to sell them, as wheat and barley markets have been strong.Many New South Wales chickpea growers have a big sorghum crop getting close to harvest, and this will generate further cashflow.

Lentils

South Australia are quoting at around $1000/t, while packers in the Victorian Wimmera were bidding at more like $800-$850/t.Bulk exporters are taking advantage of cheaper freights as compared to those who sell through containers.Market is expecting prices for lentils to remain steady in coming months.The growers are not in mood to sell their lentils produce in a hurry, as they have made good profits out of canola, wheat and barley.

29/09/2021

With about a week until the start of the chickpea harvest in Central Queensland, growers are preparing to make the most of strong global prices. As well as chickpeas, lentils and lupins have also seen a big uptake in plantings both in traditional growing areas, and southern parts of Australia. Rural...

Canola  # spike  # New  # Crops  # Australia  # Future # Oil  # Seeds # Trade
13/07/2021

Canola # spike # New # Crops # Australia # Future # Oil # Seeds # Trade

Easy Reading: Canola SeedCanola oil is a vegetable oil derived from a variety of rapeseed that is low in erucic acid, as...
24/12/2020

Easy Reading: Canola Seed

Canola oil is a vegetable oil derived from a variety of rapeseed that is low in erucic acid, as opposed to colza oil. There are both edible and industrial forms produced from the seed of any of several cultivars of the plant family Brassicaceae.
According to the Canola Council of Canada, an industry association, the official definition of canola is "Seeds of the genus Brassica (Brassica napus, Brassica rapa, or Brassica juncea) from which the oil shall contain less than 2% erucic acid in its fatty acid profile and the solid component shall contain less than 30 micromoles of any one or any mixture of 3-butenyl glucosinolate, 4-pentenyl glucosinolate, 2-hydroxy-3 butenyl glucosinolate, and 2-hydroxy- 4-pentenyl glucosinolate per gram of air-dry, oil-free solid."[1] Canola oil is also used as a source of biodiesel.

Merry Christmas 🎄 Form Asian Commodity Trading.
22/12/2020

Merry Christmas 🎄
Form Asian Commodity Trading.

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