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Imported Masoor Firm In Mumbai/Mundra/Hazira; Domestic Variety Weak

6 Jul 2020 8:01 pm
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MUMBAI (Commoditiescontrol) – Canada crimson variety Masoor at Mumbai, Mundra and Hajira along with Australia Masoor gained, Rs 50/100Kg on Monday amid fresh mills buying at lower rates for immediate requirement for crushing.

Vessel M. V. Livita carrying approx 53000 MT Masoor from Canada has arrived at Kakinada port. Vessel will discharge at two ports. Kakinada around 25000 MT from today onwards and Kolkata around 28000 MT.

Another vessel around 30,000-35,000 MT Masoor expected to arrive from Canada at Mundra port on 22nd July.

Cheaper overseas supplies, ongoing rabi crop arrivals and thin demand in processed Masoor will limit the gains.

On other hand, domestic Masoor traded weak, as per quality, in selective market of Madhya Pradesh, Uttar Pradesh and Chhattisgarh on thin mills buying activity despite below expectation arrivals.

In Delhi, Canada and Madhya Pradesh origin Masoor gained Rs 25-50/100Kg on mill buying for immediate crushing requirement and below expectation arrivals.

Canada's May Lentil Exports totaled 326,517 metric tons (MT), up 41% from the 231,500 MT exported last month. For the marketing year so far, Canada’s lentil exports were reported at 2,095,502 MT versus 1,647,327 MT during the previous marketing year. The latest trade data reveals India to be the biggest buyer at 92,121 MT. Bangladesh was the second largest buyer of the month at 56,610 MT, followed by Turkey at 39,841 MT.

Australian lentils export was registered at 72,191 metric tons (MT), up 36% from the previous month's total of 52,962 MT. Meanwhile for the marketing year the export has jumped 224% at 470,090 MT. Lentil exports for the corresponding period in the last marketing year was 145,008 MT. Bangladesh was the biggest buyer of Australian lentil at 45,530 MT. Sri Lanka was the second most important consumer receiving 9,644 MT, followed by India at 6,568 MT.

Spot Raw Lentils ( Masoor ) Prices In Key Indian Market:

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

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