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Domestic Tur Move Higher in Selective Mkts, Burma Variety Gain in Mumbai-Delhi

15 Jan 2021 8:08 pm
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Mumbai (Commoditiescontrol) – Domestic Tur new extended rise Rs 25-100/100Kg, as per quality on Friday, in selected markets amid mills buying activity.

Arrivals of new Tur in domestic market continue to be below expectations. New Tur crop was expected to be lesser as compared to last year, due to fewer yields because of wilt attacks and weather concerns.

However, demand and sale counter in Tur dal was thin due to less consumption in dal because of cheaper vegetables price during winter period.

Tur lemon variety of Burma-origin traded higher by Rs 50 to Rs 5,700/100Kg in Mumbai on fresh mills buying and negligible ready stock of Burma origin Tur.

In Delhi, Burma origin Lemon new variety traded higher for second straight day by Rs 50 at Rs 5,975/100kg in ready business. Similarly, commodity was also up by Rs 100 at Rs 5,700 for January delivery from Chennai. Haryana origin new domestic Tur gained by Rs 50 at Rs 5,250-5,275.

Total 2.25-2.50 Lakh tonnes of imported Tur arrived India from various origin against 4 lakh tonnes import quota given by government. Still pending imported stock of Tur is reported around 1 Lakh tonne in India.

Millers and traders of Vidarbh belt of Maharashtra prefers to purchase Tur from Marathwada (Maharashtra) and Karnataka on immediate requirement for crushing as arrivals of new Tur had not pick up the pace. Flow of arrivals likely to increase after 20th January.

Government procurement is expected to begin in near future at MSP of Rs 6000/100Kg may help correct the price slide as prices ruling below MSP.

Moreover, less stock of old procured Tur was reported with government agencies.

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

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

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