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Domestic/Imported Tur Trades Weak At Major Markets

17 Jan 2020 8:45 pm
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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)


       
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