Mumbai, 26 Apr 2024 (Commoditiescontrol):Tur (pigeon pea) prices experienced a mixed trend in major markets following a string of weak trading sessions. Latur saw a notable rise of Rs 100 per quintal, while Akola reported a Rs 50 decline. Additionally, a few markets remained closed due to elections.
Imported Tur prices of African origin remained unchanged. Lemon prices also exhibited a mixed trend, with Chennai experiencing a slight decrease and Delhi reporting an increase. Other major markets maintained stable lemon prices.
Lemon Tur prices in Burma remained unchanged in local trade and CNF India trade amid negligible trading activity.
Tur International Prices In Key Indian Markets:
Desi Tur prices in bilty trade were mostly higher, with the Akola market as a notable exception showing a slight decline. Trading activity was reduced due to election-related closures in many mandis.
Spot Raw Tur Bilty And Mandi Prices In Key Indian Markets:
Despite rising Tur prices, Tur dal prices remained steady due to subdued demand at higher price points.
Spot Tur Dal Prices In Key Indian Markets:
The tur market is anticipated to remain range-bound in the near future due to a delicate balance of limited supply and subdued demand. This season's lower crop yields have constrained supply, while elevated prices have led consumers to seek more affordable substitutes. Consequently, mills are purchasing tur only to meet immediate needs. Additionally, the government's close monitoring of the tur market has discouraged stockpiling by both stockists and mills, further contributing to lower demand.
However, a surge in demand is expected during the upcoming sowing period, potentially leading to a rise in tur prices.
(By Commoditiescontrol Bureau; +91-9820130172)
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