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Domestic Tur Drops In Selective Mkts; Sluggish Demand In Tur Dal

13 Jul 2020 7:03 pm
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Mumbai (Commoditiescontrol) – Domestic Tur slipped Rs 25-50/100Kg in selected markets, as per quality, on Monday. Cautious participation by the millers is being witnessed as demand and sale counter in Tur dal reported negligible activity.

Trade activity has been lukewarm, as some markets are shut due to lockdown and labour shortage. Even demand is less due to heavy rains/flood in Bihar, Assam and Uttar Pradesh etc.

Sentiments were pressurised due to fear of government agency liquidating procured old stock, along with higher sowing amid good monsoon.

However, Tur prices will be underpinned due to slow-paced seasonal arrivals on low yields.

Moreover, stock of imported Tur both Burma and Africa origin reported very less.

Meanwhile, arrivals of good quality Tur is weaker in domestic markets. Government is yet to give any quota to millers and refiners. Overseas Supply is expected from August-September.

Major tur stocks have been reported with government as compared to private traders/millers.

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

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

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