Major Pulses hold unchanged in Mumbai on thin trade volume

MUMBAI, 28 May (Commoditiescontrol) – Prices of major imported pulses were unchanged at Mumbai spot market, on Saturday.

IMD - The onset of this year's monsoon originally expected on May 27 in Kerala will be delayed, though by how long is something weather experts doesn't know currently.The onset in Kerala is possible by 30 May.

Also volume in cash market reported negligible due to liquidity crunch, dull offtake in processed pulses and rabi & summer crop arrivals.

Overseas imports will arrive at regular intervals as the government has extended the norms for free import of Tur-Urad for one year, till March 2023.

Total Pulses production during 2021-22 is estimated at 27.75 million tonnes which is higher by 3.92 million tonnes than the last five years’ average production of 23.82 million tonnes.

The depreciation of against USD may provide support to Tur-Urad at lower levels . Landing cost of imported tur-Urad increased as Rupee depreciated to Rupee to 77.58 against US dollar.

Following are rates (Rs/100kg) of various pulses in Mumbai today:



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