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Masoor & Chana Extends Gain In Mumbai; Tur Soft

12 Aug 2017 3:21 pm
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MUMBAI (Commoditiescontrol) – Tur pared early gain amid slow business activity observed during closing session at Mumbai market on Saturday, whereas imported Masoor and Chana settled higher on good demand.

Tur Lemon:
After opening strong in the opening session, Tur lemon variety of Burma origin edged lower by Rs.50/100Kgs as buyers turned cautious after some profit booking.

Demand and trading activity in processed Tur also turned slow at higher rates from wholesale and retail counters. Demand from buyers turned slow and were purchasing as per requirement.

Further, sellers were reluctant to liquidate their stock at lower rates after expectation for better prices as government imposed ban on imports of Tur/Tur dal.

Australia Chana:
Australia origin Chana at Mumbai and Mundra port higher by Rs.75 and Rs.50 per quintal respectively on firm physical buying support ahead of festive period despite fresh supply from Vessel M V YANGTZE KEEPER carrying 29,200 tonnes of Australia Chana from overseas at Kandla port.

However, new crop of Australia Chana (2017) offered at Rs.5,000/100Kgs for October-November shipment and Rs.4,950/100Kgs for November-December shipment. Similarly, Australia chana for August delivery was quoted at Rs.5,400/100Kgs.

According to market sources, persistent in prices of Chana due to rise in demand from millers and stockiest which was attributed amid improving demand from consumption centers in Chana ahead of festive season coupled with restricted supplies from producing regions.

Short term rise during festive period can't be ruled out. But, sufficient stock of Chana and White Pea may limit the gain coupled with cheaper substitutes such as White Pea dal, Tevda dal and Batri dal available at lower price.

Canada Masoor:
After opening firm, Masoor from Canada origin Crimson variety extended gain by Rs.100/100Kgs, while Australia origin traded firm by Rs.100 at Rs.4,000/100Kgs on improved buying from millers and stockiest driven by rise in demand in processed Masoor from retailers and wholesalers. Further, firm trend in prices of Tur had also led support to prices.

According to sources, imports of Masoor had not been cleared by customs due to confusion in notification of ban on imports of Tur was mentioned as ‘Lentil/Pigeon Pea’. Whatsoever, the government has not imposed ban of Masoor in the country and documents would be cleared.

Following are the rates (Rs/100Kgs) of imported pulses at Mumbai market today:

Variety Sub_Var1 Price Prev_Price
Black Matpe (Urad) FAQ 4350 4400
Black Matpe (Urad) SQ 5300 5500
Chickpea (Chana) Australia:Nov/Dec 4950 4850
Chickpea (Chana) Australia 5575/5600 5500
Chickpea (Chana) Australia:Oct/Nov 5000 4900
Chickpea (Chana) Australia (Mundra Port) 5500 5450
Lentil (Masoor) Canda Crimson 3800 3500/3650
Pea (Matar) Canada White(Mundra Port) 2201 2211/2221
Pea (Matar) Canada White (Hazira Port) 2251 2261
Pea (Matar) Canada Green 2550/2700 2550/2700
Pea (Matar) Canada White Sep/Oct 2175 2175
Pea (Matar) Canada White 2261 2271
Pigeon Pea (Tur) Lemon 4250 4100

(By Commoditiescontrol Bureau; +91-22-40015523)

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