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Domestic Tur Trades Mixed in Selective Mkts

11 Aug 2020 6:50 pm
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Mumbai (Commoditiescontrol) – Domestic Tur traded mixed, as per quality, on Tuesday in selected markets on thin buying from millers at prevailing rates, as demand and sale counter in Tur dal reported slow activity.

Demand continues to suffer from closure of restaurants, small eatery joints, and big retail chains.

On the other hand, Tur Lemon variety of Burma-origin extended upmove for second straight day Rs 50 at Rs 5,400-5,600/100Kg in Mumbai on selective mills buying and lesser availability of imported Tur stock. While, commodity priced unchanged at Rs 5,700-5,800/100Kg at Delhi on slack trade as sellers were active in the market.

Government agency is selling old raw Tur to the mills for processing, packaging and supply of processed Tur under PDS.

As per market view, Tur prices may be underpinned due to slow pace of good quality arrivals and lesser availability of imported Tur. Active participation at the demand and sale counter of dals is expected in near future. Supply from Mozambique is expected from September. Government is yet to give any quota to the millers and refiners.

Bumper Kharif Moong crop and cheaper overseas supply of Masoor is likely to pressurize sentiments in Tur, which is a substitute for Moong and Masoor.

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

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

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