AGRI COMMODITY MARKET UPDATE* -
* Mentha oil gained on short covering after prices dropped amid due to low demand and expectation of a rise in acreage this season
* Cotton dropped tracking weakness in overseas prices as large export cancellations and coronavirus-driven demand concerns canceled out early gains.
* Chana dropped as pressure seen after kharif output for pulses in 2020-21, the government has set at 10.1 mln tn, higher than 7.9 mln tn pegged in 2019-20.
* Turmeric prices dropped amid expectation of new crop supply gaining momentum in coming weeks.
* Jeera prices dropped amid a forecast of a bigger crop this season.
* Dhaniya prices dropped amid expectation of higher production this season and favorable weather.
* Soyabean prices dropped due to dampening demand from major buyers in wake of the COVID-19 pandemic.
* Ref.Soya oil prices dropped amid rising inventories as impact from an unprecedented coronavirus curbed demand.
* Crude palm oil dropped following a historic plunge in crude prices, while concerns over higher stocks amid the coronavirus pandemic also dented sentiment.
* Mustard seed dropped as spot markets in Rajasthan, started operations, resulting in a rise in arrivals.
* Castor dropped on profit booking after prices rallied as adverse weather conditions in Gujarat and Rajasthan in March has led to a downward revision in estimate