Mumbai, 09 Apr 2024 (Commoditiescontrol):Imported and desi tur prices have continued their upward trend in the Indian domestic market. The rise is attributed to a slowdown in both domestic arrivals and imports from Burma (Myanmar) and African markets.
In Yangon, Burma, lemon prices have increased by a significant 60,000 MMK/Mt (Myanmar Kyat per metric ton). Similarly, CNF (Cost and Freight) India trade prices have seen an increase of $5/Mt. However, the reseller market in Chennai has remained relatively stable.
The domestic market is also experiencing an increase in imported tur prices. This is a result of lower supplies combined with an uptrend in desi tur prices.
Tur International Prices In Key Indian Markets:
Desi Tur prices increased in select domestic bilty trades, rising by Rs 50-100/quintal. Prices remained steady in most other markets. However, mandi trade in Latur saw a price increase of Rs 100/quintal.
Spot Raw Tur Bilty And Mandi Prices In Key Indian Markets:
The price of tur dal made from desi tur increased in select markets, while the price of tur dal made from imported tur remained steady in Mumbai.
Spot Raw Tur Dal Prices In Key Indian Markets:
Tur prices have risen sharply in recent days due to a slowdown in both domestic and imported arrivals. However, further price increases may be limited by the ample supply of substitutes like matar and masur. Additionally, government intervention is anticipated if prices continue to escalate, especially with the upcoming general election. Given the current high prices, caution is advised when trading tur.
(By Commoditiescontrol Bureau; +91-9820130172)
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