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Raw/Processed Tur Extend Fall in Major Mkts

27 Oct 2020 8:43 pm
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Mumbai (Commoditiescontrol) – Domestic Tur slipped by Rs 100-300/100Kg, as per quality, on Tuesday in major markets on dull mill buying as demand and sale counter in processed Tur witnessed sluggish activity.

Sentiments has dampened as Government extended validity of licence for Tur import of 4 Lakh MTs from November 15, 2020, till December 31 this year. Due to these, supply in quantity of Tur will increase from overseas.

Moreover, as per market sources, Nafed had approved tender bid of kharif 2019 Tur at Rs 7,100/100Kg in Maharashtra.

In Mumbai, Tur lemon variety of new Burma-origin declined by Rs 50 at Rs 6,750/100Kg in ready delivery. In forward business, commodity priced to Rs 6,350 for November delivery.

Tur Lemon old variety priced lower by Rs 150 to Rs 6,600/100Kg in ready business at Delhi. In forward deals, commodity was priced at Rs 6,300 for November delivery from Chennai.

As per market talk, sellers were less interested to liquidate Tur dal below existing rates. Fluctuation of Tur prices depends on Government agency approval of Tur tender bids in coming days.

Meanwhile, regular supply from Mozambique and Sudan Tur was reported.

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



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


       
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