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Masoor/Moong Extend Gains In Delhi

9 Apr 2020 2:56 pm
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MUMBAI (Commoditiescontrol) – Canada and Madhya Prdesh origin Masoor along with Rajasthan origin Moong extended gains by Rs 50/100g at Naya bazaar pulses market of Delhi, on Thursday amid improved millers'/traders' buying support.

However, limited activity was reported due to paucity of labours that has delayed harvesting and crop procurement along with transportation problems amid nationwide lockdown. Procurement operations needs labour for loading, cleaning and packaging. Cost for transporting has also doubled.

As per Government directive, millers have started crushing raw pulses and are ramping up pulses production and the logistics of getting them to retailers.

Trade is of the view that demand deterioration in poultry products is likely to result in increased consumption of pulses, to compensate for protein requirements. The fear of rapidly spreading Corona virus has halved the consumption of poultry and meats.

Chana for April delivery on National Commodity and Derivatives Exchange (NCDEX), was trading tad up or Rs 1 higher at Rs 4,116/100kg. Earlier in the day, the contract hovered in the range of Rs 4,110 and 4,156.

Following are rates (Rs/100Kgs) of various pulses (Imported & Desi) in Delhi today:



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


       
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