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Canada crimson variety Masoor, Australia Masoor prices stay unchanged at Mumbai

29 Sep 2022 4:14 pm
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Mumbai, 29 Sep (Commoditiescontrol): It is another day of lacklustre trade for Masoor, especially imported variety. The enfluence of slow local demand was balanced by steady tone in overseas CNF rates.

As a result, price of Canada crimson variety Masoor along with Australia origin Masoor remained unchanged at Mumbai, Mundra, Hajira and Kolkata market on limited trade activity.

Notably, CNF quote in the overseas market has stabilized, after experiencing fall for few days in the past. Yet, on the basis of prevailing CNF rates, the existing spot prices of imported Masoor are below landed cost.

Further, the supply of new crop from Canada and Australia expected to hit Indian port in the coming weeks.

At currency front, the Rupee continue to weaken agains the U.S. dollar. The Rupee has depreciated to 81.75 against USD, making imports costlier.

Domestic variety Masoor traded higher, as per quality at Mandsaur & Bareilly market due to mills buying on immediate requirement for crushing.

On the other hand, commodity ruled weak at Khurai, Vidisha and Lalitpur amid thin mills purchase.

Offtake of Masoor dal witnessed limited. Canada Masoor dal Khopoli spot quoted flat at Rs 7,325-7,425/100Kg.

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

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

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