Mumbai, 23 May 2024 (Commoditiescontrol): Tur prices maintained steady tone following a slight decline in the preceding two sessions, with trading activity reported as lackluster as both sellers and buyers remained inactive. Across markets, prices for lemons and African tur remained steady. The observance of Buddh Purnima notably dampened trading activity, particularly in Maharashtra and Madhya Pradesh.
Burmese markets showed resilience after a two-session decline, with both CIF and resale markets stabilizing following a three-session weakness.
Tur International Prices In Key Indian Markets:
Imported Tur prices quoted largely unchanged in key Indian markets.
In Maharashtra's major markets, tur bilty prices remained stable, except for Akola, where prices saw a modest increase of Rs 50 per quintal.In Bilty trade, prices mirrored broader market trend with exception of Akola market where Desi tur quoted Rs 50 higher at Rs 12,450 - 12,500 per 100 kg. On the other hand, in mandi deals, Amravati market reported a Rs 50 decline where Desi Tur quoted in the range of Rs 11,600 - Rs 12,100 per 100 kg.
Spot Raw Tur Bilty And Mandi Prices In Key Indian Markets:
Meanwhile, dal prices remained stable for the second consecutive session, as low demand was offset by millers' reluctance to sell at current prices.
Spot Tur Dal Prices In Key Indian Markets:
Looking ahead, market analysts anticipate prices to fluctuate within a broader range, albeit with a positive bias in the coming days. Additionally, consistent demand for seeds is expected to help maintain stability in in premium material prices.
(By Commoditiescontrol Bureau; +91-9820130172)
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