Login ID:
Password:
Partner Login
Contact Us : 7066511911

Domestic/Imported Tur Trades Weak At Major Markets

17 Jan 2020 8:45 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

Mumbai (Commoditiescontrol) – Old/New domestic Tur declined, as per quality, on Friday in major markets. Thin participation by the millers, due to their limited crushing requirements, weighed on prices.

Regular arrival of domestic new Tur was reported at the producing centers. But, moisture content in the arriving crop is quite high. Arrivals will likely be delayed, due to unseasonal weather.

Even, demand and sale counter in Tur dal witnessed thin activity.

Arrivals of new Tur were reported to be higher in Karnataka today, as markets were closed for last couple of days due to festivites.

Tur production in Karnataka, the second-largest producing state, is seen at 8,65,000 tonnes in 2019-20 (Jul-Jun) season, down 11.4 percent from 9,76,000 tonnes in the previous year, according to the state agriculture department's second advance estimate.

Similarly, price of Tur Lemon variety of Burma-origin dipped by Rs 50-100 each at Rs 4,950/100Kg and Rs 5,100, respectively, at Mumbai and Delhi markets. Negligible trade activity and weak cues from domestic markets reflected in imported variety as well.

NAFED has procured 1810.60 MT Tur at MSP of Rs 5,800/100Kg, In Telangana, as On Jan 15, 2020.

Millers preferred old domestic over new one, due to higher moisture content in the latter, to meet their crushing requirements.

As per trade sources, stockiest and government agency are not interested in purchasing new Tur with high moisture content. They will consider buying the new stock, after the moisture content reduces. New tur with lesser moisture content is expected to arrive, in major market, from February-March.

Spot Raw Pigeon Pea (Tur) New Prices In Key Indian Markets:



(By Commoditiescontrol Bureau; +91-22-40015513)


       
  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 Rated
0.0

   Post comment
Comment :

Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy.
Name :  
Email :  
   

Top | Post Comment  

Latest Market Commentary
LME - Warehouse Stock Movements – 3rd April
LME-Warehouse Stock Movements – 1st April
Base Metals – Nickel (Apr. ‘20) – Bearish Primary Trend...
Base Metals – Lead (Apr. ‘20) – Relief Rally Underway /...
Base Metals – Copper (Apr. ‘20) – Potential Range Forma...
more
Top 5 News
Tur Extend Rise In Solapur; Chana Widen Losses
Chana Trades Weak In Delhi Amid Thin Mill’ Buying
ICE Raw Sugar Settles Flat Supported By Rally In Energ...
ICE Cotton Ends With Triple Digit Gains; Marks 4th Con...
CBoT Soybean Drops To 2-Wk Low On Demand Concerns; Down...
Top 5 Special Reports
USD/INR (Apr. ’20) – Inflection Point: Testing a Short-...
USD/INR (Apr. ’20) – Pullback Underway / Testing a Shor...
USD/MYR
USD/CNY & USD/IDR
USD/ARS & USD/BRL—
Copyright © CC Commodity Info Services LLP. All rights reserved.