MUMBAI (Commodities control) – Masoor, Chana and Moong prices slipped for the week ended 4th July amid dull mills’ buying, while Urad and White Pea prices moved higher due to fresh trade at lower rates. On the other hand, Tur prices traded mixed on cautious activity at higher rates. Weekly Highlights #Area under kharif crops increased by 88% to 433 lakh hectares till Friday as against 230 lk hectares in the corresponding week last year. # Pulses ought to be included in PDS: NAFED. # Govt Targets Pulses Buffer of 1.95 mln tn In 2020-21; Holding Stock of 8.76 Lakh Ton. #PMGKAY Extended by 5 Months; Free Distribution of Chana on Cards. # Heavy Rains Alert for Five States Including U.P, M.P; Orange Alert For Mumbai Region. # India's June Monsoon Rains 18% above Average – IMD
Pulses Buffer stock Consist For 2020-21
Commodity
Quantity
Tur
10 Lakh Ton
Chana
3 Lakh Ton
Urad
4 Lakh Ton
Moong
1 Lakh Ton
Masoor
1.5 Lakh Ton
Total
19.5 Lakh Ton
Govt Holding Stock As On 18 June
Commodity
Quantity
Tur
3.77 Lakh Ton
Moong
1.14 Lakh Ton
Urad
2.28 Lakh Ton
Chana
1.30 Lakh Ton
Masoor
0.27 Lakh Ton
Total
8.76 Lakh Ton
India 2020-21 Kharif Pulses Sowing Up 289.22 % As On July 3, 2020
Commodity
Area Sown In Lakh Hectare 2020-2021
Area Sown In Lakh Hectare 2019-20
Tur
16.56
2.79
Urad
8.77
1.87
Moong
9.4
3.14
Other Pulses
2.07
1.66
Pulses
36.82
9.46
Burma Lemon Tur: Tur remained weak in bilty trade at Akola market by Rs 100-125 to Rs 5,900-5,950/100Kg due to cautious participation by local/outstation millers at higher rates, as demand and sale counter in Tur dal reported thin activity. Meanwhile the commodity moved up Rs 150-200 to Rs 5,900-6,000/100Kg at Gulbarga market. Similarly, Tur Lemon variety of Burma-origin, both old and new, gained Rs 50-100 to Rs 5,200/100Kg and Rs 5,375, respectively in Mumbai. However, sentiments were pressurised due to fear of government agency liquidating procured stock along with higher sowing amid good monsoon. Consumption, although, is expected to rise as prices of vegetable, poultry and meats products are higher. Tur prices are likely to get support due to slow-paced seasonal arrivals. Moreover, Government is yet to give any quota to millers and refiners. Overseas Supply is expected from August-September.
Tur ( Prices In Rs /100Kg )
Market
Variety
04-Jul-20
27-Jun-20
20-Jun-20
04-Jul-19
Mumbai
Lemon
5200-5375
5150-5250
5100-5200
5350
Akola
Desi Bilty
5900-5950
6025-6050
6000-6025
5825-5850
Gulbarga
Desi
5900-6000
5700-5850
5600-5700
5700-5750
Tur Dal ( Prices In Rs / 100Kg )
Market
Variety
04-Jul-20
27-Jun-20
20-Jun-20
04-Jul-19
Akola
Phatka
8200-8400
8200-8400
8200-8300
8000-8100
Gulbarga
Phatka
8100-8500
8000-8400
8000-8400
7800-7900
Katni
Phatka
8500-8600
8700-8800
8650-8750
8150-8250
Kharif Tur Sowing Up 494 % As On July 1 Vs Last Yr (LAKH HA)
Karnataka
2.37
1.22
Maharashtra
7.44
0.01
Madhya Pradesh
1.51
0
Telangana
2.27
0.37
Uttar Pradesh
0.87
0.41
Gujarat
0.54
0.17
Jharkhand
0.62
0.01
Total
16.56
2.79
Burma Urad: Burma Urad FAQ new variety traded firm by Rs 25 at Rs 6,075/100Kg, in Mumbai, due to mill buying activity and less ready stock. Similarly in Chennai, Burma Urad FAQ/SQ varieties gained Rs 150-200 to Rs 6,200/100Kg and Rs 7,400, respectively. Buyers were active in both ready and forward business at Chennai. Prices were underpinned due to expectation of weak supplies from Burma till July end against annual quota license. Supreme Court Hearing on the pulses imports case to take place on 8th July. Meanwhile urad purchases were limited due to thin offtake witnessed in processed Urad.Demand is suffering due to restrictions on restaurants, small eatery joints and along with Papad manufacturing units remaining shut. Government reduced the deadline for Urad Import Annual Quota of 4 lakh MT by 6 months to 31st August, 2020. All India Pulses Mills’ Association taking a serious note of frequent changes in import policies has urged the Union government to increase import duration of urad in the country from August 30, 2020 to March 31, 2021.
Urad ( Prices In Rs / 100Kg )
Market
Variety
04-Jul-20
27-Jun-20
20-Jun-20
04-Jul-19
Mumbai FAQ
FAQ
6075
6050
6150
4550
Chennai
FAQ
6200
6050-6075
6150
4500-4525
Chennai
SQ
7400
7150-7175
7250
5625-5650
Jalgaon
Desi
NA
6400-6800
6400-6850
NA
Jabalpur
Desi Summer
NA
NA
NA
NA
Urad Dal ( Prices In Rs / 100Kg )
Market
Variety
04-Jul-20
27-Jun-20
20-Jun-20
04-Jul-19
Mumbai
8500-9100
8500-9100
8600-9200
6000-6200
Kharif Urad Sowing Up 369 % As On July 1 Vs Last Yr (LAKH HA)
Madhya Pradesh
4.45
0
Maharashtra
1.79
0.001
Karnataka
0.58
0.43
Rajasthan
0.71
0.81
Uttar Pradesh
0.32
0.15
Gujarat
0.2
0.11
Telangana
0.11
0.06
Total
8.77
1.87
Chana Kantewala (Indore): Chana prices declined Rs 125at Rs 4,225-4,250/100Kg in Indore due to NAFED selling old procured Chana in selected states. Meanwhile tenders were rejected due to lower bid, as per market sources. Nafed is not interested in liquidating stocks below Rs 4,500/100Kg. Moreover, actual demand in chana dal and besan, from consumption centres, was reported to be slow. As on July 2, 2020, NAFED has successfully procured 2079260.64 MT of Chana at Minimum Support Price of Rs 4,875. As per market talk, current levels of Chana prices are attractive for millers/traders due to cheaper pulses. Even consumption is likely to increase in coming days as festive period begins next month till Diwali. Meanwhile, prices in spot markets traded much below MSP of Rs 4,875.
Chana ( Prices In Rs / 100Kg )
Market
Variety
04-Jul-20
27-Jun-20
20-Jun-20
04-Jul-19
Mumbai
Australia
NA
NA
NA
4200
Tanzania
4050
4200-4225
4200
NA
Burma
NA
NA
NA
4150
Indore
Katewala
4225-4250
4350-4375
4225-4250
4175-4200
Delhi
Rajasthan origin
4175
4275-4300
4275
4325-4350
Akola
4375-4400
4525-4550
4500-4525
4325-4350
Bikaner
4150
4250-4260
4200-4225
4175-4200
Chana Dal ( Prices In Rs / 100Kg )
Market
Variety
04-Jul-20
27-Jun-20
20-Jun-20
04-Jul-19
Akola
5300-5700
5400-5800
5400-5750
5100-5700
Indore
5300-5700
5400-5800
5300-5700
NA
Jaipur
5000
5100
5050
5200-5250
Chana Besan ( Prices In Rs / 50Kg )
Market
Variety
04-Jul-20
27-Jun-20
20-Jun-20
04-Jul-19
Mumbai
3175
3175
3175
NA
Kabuli Chana ( Prices In Rs / 100Kg )
Market
Variety
04-Jul-20
27-Jun-20
20-Jun-20
04-Jul-19
Indore
40-42
NA
NA
NA
5650
42-44
6500
6500
6500
5450
44-46
6350
6350
6300
5250
Dollar
5500-6000
5400-5800
5200-5700
4000-4600
Mumbai
Sudan
NA
NA
NA
4175
Ethiopia
NA
NA
NA
4150
Russia
4200
4350-4400
4400
4050
Burma
NA
NA
NA
4300
Nafed Procured Chana As On 2 July, 2020
State
MT
Andhra Pradesh
127915.1
Karnataka
101843.45
Rajasthan
613595.68
Telangana
47600
Maharashtra
312631.95
Madhya Pradesh
706292.42
Uttar Pradesh
37461.88
Haryana
10636.46
Gujarat
121283.7
Total
2079260.64
Imported Masoor (Mumbai): Canada crimson variety and Australia origin Masoor widened losses to Rs 50-100 each at Rs 5,350-5,450/100Kg and Rs 5,500, respectively in Mumbai amid thin buying due to unattractive crushing margins. Similarly, Canada crimson variety Masoor at Hazira and Mundra port fell Rs 50 each at Rs 5,300/100Kg and Rs 5,250, respectively. Domestic Masoor traded weak by Rs 25-100/100Kg in major markets, as per quality, due to thin buying from local and outstation traders/millers. Cheaper overseas supplies, ongoing rabi crop arrivals and thin demand in processed Masoor will keep sentiments under pressure. Vessel M. V. Livita carrying Masoor from Canada has arrived at Kakinada port. Vessel is expected to discharge around 25000 MT at Kakinada and 28000 MT in Kolkata, on Monday. Another vessel carrying around 30,000-35,000 MT Masoor is expected to arrive from Canada at Mundra port on 22nd July.
Masoor ( Prices In Rs / 100Kg )
Market
Variety
04-Jul-20
27-Jun-20
20-Jun-20
04-Jul-19
Mumbai
Canada
5350-5450
5400-5550
5450-5600
4000-4100
Australia
5500
5600
5650
4200
Mundra
Canada
5250
5300
5425
NA
Hajira
Canada
5300
5350
5450
NA
Kolkata
Canada
5400
5400-5500
5450-5550
4125
Australia
5500-5550
5650-5700
5700-5725
4300-4325
Indore
Desi
5500
5600-5650
5525-5550
4100-4150
Raipur
Desi
5700
5750-5800
5775-5800
4225-4250
Kanpur
Desi
5850
5875
5900
4375
Masoor Dal ( Prices In Rs / 100Kg )
Market
Variety
04-Jul-20
27-Jun-20
20-Jun-20
04-Jul-19
Khopoli
6650
6650
6700
5050-5150
Katni
NA
NA
NA
4850
Imported White Pea (Mumbai): Canada origin White Pea was priced unchanged at Rs 6,000/100Kg amid thin activity. The peas could not find support, despite tightness in ready stock. On the other hand, Prices of White Pea moved higher by Rs 125 at Rs 5,100-5,150/100Kg at Kanpur market amid slowdown in new arrivals and demand from Southern markets, for graded quality White Pea. However, prices are unlikely to sustain at higher rates as millers preferred to stay with desi Chana/Kabuli Chana, due to easy availability. Prices of White pea dal and besan ruled flat as demand and sale counter witnessed thin participation. Supreme Court Hearing on the pulses imports case will take place on 8th July now. Total quantity of imported White Pea lying on ports is around 265377 MT. JNPT: 84903 MT, Mumbai: 63800 MT, Mundra: 103824 MT and Chennai: 12850 MT. Total quantity released from various ports is around 553925 MT. JNPT: 401901 MT, Mumbai: 50800 MT, Mundra: 98479 and Chennai: 2744 Mt.
White Pea ( Prices In Rs / 100Kg )
Market
Variety
04-Jul-20
27-Jun-20
20-Jun-20
04-Jul-19
Mumbai
Canada
6000
6000
6000
4721
Kolkata
Canada
NA
NA
NA
5200
Kanpur
5100-5150
4975-5000
5000-5025
4950-5050
White Pea besan ( Prices In Rs / 50Kg )
Market
Variety
04-Jul-20
27-Jun-20
20-Jun-20
04-Jul-19
Mumbai
3525
3525
3525
NA
White Pea Dal ( Prices In Rs / 100Kg )
Market
Variety
04-Jul-20
27-Jun-20
20-Jun-20
04-Jul-19
Mumbai
6550
6550
6600
NA
Moong (Jaipur): Moong prices extended fall by Rs 100-150 at Rs 6,600-6,700/100Kg in Jaipur market of Rajasthan, as per quality, on slow mill buying for immediate requirement for crushing. Meanwhile, demand and sale counters in processed Moong reported thin participation. Similarly, summer crop Moong ruled weak due to average quality arrivals in various origin because of recent rain and higher arrivals. Millers were interested in purchasing good quality Moong for crushing. As on July 2, 2020, NAFED has successfully procured 3606.78 MT of Moong at Minimum Support Price of Rs 7,050. Stockists are sidelined at current prices, despite lower stocks with government agencies and private traders/millers. Locust attack hit the summer moong crop in several districts of Rajasthan, MP and UP.
Moong ( Prices In Rs / 100Kg )
Market
Variety
04-Jul-20
27-Jun-20
20-Jun-20
04-Jul-19
Jaipur
Kharif
6600-6700
6700-6750
7100-7300
5400-5800
Veraval
Summer
6800-7200
NA
NA
NA
Harda
Summer
4000-6550
NA
5000-6700
5200-5750
Moong Dal ( Prices In Rs / 100Kg )
Market
Variety
04-Jul-20
27-Jun-20
20-Jun-20
04-Jul-19
Jaipur
7500-7600
7600-7700
8100-8200
7000
Gulbarga
9100-9200
9700-9800
9900-10000
7700
Akola
NA
NA
NA
7300-7800
Kharif Moong Sowing Up 199.36 % As On July 1 Vs Last Yr (LAKH HA)
Karnataka
2.49
1.78
Maharashtra
2.47
0.002
Rajasthan
3.19
1.07
Madhya Pradesh
0.5
0
Gujarat
0.13
0.07
Telangana
0.3
0.09
Total
9.4
3.14
Nafed Procured As On 2 July, 2020
State
MT
Odisha
3506.23
Tamil Nadu
100.55
Total
3606.78
(By Commodities control Bureau; +91 9820130172)
Rate this story
Rated
0.0
Comment :
Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy.