Mumbai, 15 May 2024 (Commoditiescontrol): Tur prices continued their upward trend in major domestic and imported markets as sellers remained inactive amidst strong demand from millers. Lemon prices also experienced a surge of Rs 100 per quintal in both Mumbai and Chennai markets.
The Burmese market witnessed a notable increase in tur prices, driven by robust demand from Indian importers, resulting in a price hike of 100,000 kyat per metric ton (MT). Similarly CIF India price rose by $10 per MT. Meanwhile.
In doemstic markets Burma lemon prices move up by Rs 100/quintal. While African tur prices remained steady.
Tur International Prices In Key Indian Markets:
Desi Tur prices in bilty transactions rose by Rs 100 to Rs 200 in select markets, while remaining steady in others.While mandi price remained mixed.
Spot Raw Tur Bilty And Mandi Prices In Key Indian Markets:
Spot Raw Tur Dal Prices In Key Indian Markets:
Split Tur or Tur dal Phatka prices quoted higher on steady demand and rise in raw Tur prices. Prices advanced by Rs 100 per qunital across in most of the markets. However Gulbarga market witnessed slight decline in prices.
Tur prices are expected to increase gradually as domestic stock depletes and consumption recovers with the end of the mango season. However, the increase should be limited by the ample supply of yellow peas and the demand destruction caused by high Tur dal prices. While the demand for Tur for seed purposes during Kharif sowing and the limited supply of imported Tur until October could further support prices, a major price rise is unlikely due to the factors mentioned above.
(By Commoditiescontrol Bureau; +91-9820130172)
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