Mumbai, 17 May 2024 (Commoditiescontrol): Tur prices have continued to rise in both domestic and imported varities in domestic markets as sellers remain inactive and millers continue to buy. In Mumbai and Chennai, lemon tur prices increased by Rs 100 per quintal, while Delhi saw a Rs 25 per quintal rise. African tur prices have also climbed due to strong demand and reduced supply from Africa, where drier weather conditions are expected to limit production by about 15% year-over-year.
After a sharp rise, Burmese markets have stabilized for the second session. However, CIF prices have decreased by $5 per MT, while resale prices in Chennai remained steady after a significant increase yesterday.
Tur International Prices In Key Indian Markets:
Spot Raw Tur Bilty And Mandi Prices In Key Indian Markets:
Desi Tur prices have remained firm in major mandis. Prices rose by Rs 100-150 per quintal in today's session.Prices were up in bilty trade by Rs 100/quintal due to steady demand and limited selling interest.
Spot Tur Dal Prices In Key Indian Markets:
Dal prices have increased due to inactivity among sellers. As per trade sources millers are not selling dal as crush margin remains very low, which is supporting higher prices. In the coming days, prices are expected to fluctuate within a wider range with a positive bias.
Tur prices are expected to gradually rise as domestic stock depletes and consumption recovers with the end of the mango season. However, this increase will likely be tempered by the ample supply of yellow peas and reduced demand due to high tur dal prices. While the demand for tur for seed purposes during kharif sowing and the limited supply of imported tur until October may provide some price support, a significant price surge is unlikely due to these countervailing factors.
(By Commoditiescontrol Bureau; +91-9820130172)
0 Comments 
Post Comment 
