Login ID:
Password:
Partner Login
Contact Us : 7066511911

Matar Trades Weak In Kolkata, Flat In Mumbai

25 Jan 2020 2:31 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

MUMBAI (Commodities control) – While Canada and Ukraine Pea, in Kolkata, dipped Rs 50 to trade at Rs 5400-5500 and Rs 5500 respectively. Canada Pea, in Mundra, was flat at Rs 5550, while Ukraine Pea traded at Rs 5600/100Kgs.

Canada Green matar traded flat at Rs 10,400-10,500 in Mumbai. The pea is flat on second consecutive session.

A general sentiment of weak millers’ demand in all pulses, across the major markets, is weighing on pea prices as well. Pea prices are trading in a range following Chana prices. Chana in Spot and Futures, have been in a range for the whole week.

While Chana March Futures on NCDEX closed down in last session.

IPGA, this month, demanded that the government should allow unrestricted import of dry green pea. As grren peas is available in domestic market for a limited period only. While the total demand for peas is more than 15 lakh tonnes, the production is less as it doesn’t have minimum support price available. As a result, there is a need for increasing the import of yellow peas.

Meanwhile, there’s tightness in ready stock and a lag in rabi White Pea's acreage has tried to give floor to the subdued pea prices.

(Commodities Control Bureau)


       
  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
Comex Gold Near 7-Yr Top On Lingering Fear Of Damage To...
Precious Metals Gold (COMEX) Bullish Breakout from ...
Precious Metals Silver (Mar 20) Breakout Above $17...
Comex Gold Slips Off 7-Yr Peak On China Stimulus Measur...
Comex Gold Nears 7-Yr High On Virus Impact; SPDR Gold H...
more
Top 5 News
ICE Raw Sugar Ends Higher On U.S. Sugar Beet Crop Conc...
US Soybean Net Export Sales For Feb 7-13 Down 23% W/W A...
US Cotton Net Export Sales For Feb 7-13 Down 33% W/W At...
Malaysia's Feb 1-20 Palm Oil Exports Seen Down 2.81% Mo...
BMD CPO Ends Higher For Second Straight Day
Top 5 Special Reports
Higher Prices Deteriorate Palm Oil Demand In India; Edi...
USD/INR (Feb. 20) Neutral Stance: Prices Consolidati...
Chana Indore (Kabuli 42-44 Count Spot) - Bearish Price ...
Mumbai Lentil (Masoor) - Pullback Extends Further / Nex...
Kolkata Pea(Matar)-May Decline Further Towards Channel ...
Copyright © CC Commodity Info Services LLP. All rights reserved.