MUMBAI (Commodities control) – Imported Masoor and Urad traded firm for the week ended 1st August amid fresh mills buying activity at lower rates, While imported Tur was weak due to slack trade activity. On the other hand, Chana and Moong prices were almost unchanged on thin activity.
Trade volume has been scanty, as some markets are shut due to lockdown and labour shortage. Demand has been suffering due to closure of restaurants, small eatery joints, and big retail chains.
Weekly Highlights
# India 2020-21 kharif crop sowing as on July 31 up at 882.18 lakh hectare as against 774.38 lakh hectare during the same period last year.
# India kharif pulses sowing as on July 31 was up 19.26% at 111.91 lakh hectare as against 93.84 lakh hectare during the same period last year.
# Monsoon 10% Deficient in July; Driest July in 5 Years.
# NCDEX has suspended current options on futures in guar gum, soyabean, refined soya oil and chana with the launch of ‘Option on Goods’.
# Hiring Charges of Agri Implements Jump on Rising Fuel Prices.
# Over 200 Rain-Deficient Districts in India; Kharif Crop at Risk.
# Deficient Rainfall in Parts of India; Rajasthan, M.P. Received 33-40% Less Rains in July.
Burma Lemon Tur:
Tur Lemon variety of Burma-origin, both old and new, declined Rs 100-150 to Rs 5,200/100Kg and Rs 5,400, respectively in Mumbai on slack millers’ participation despite lesser availability of imported Tur stock.
In forward trade, new Mozambique Tur 80-20 (White-80-Gajri-20) traded at Rs 5,100/100Kg for Aug-Sep shipment. Gajri variety (Tiger Skin) was quoted at Rs 5000/100Kg for July-August shipment and Arusha Tur at Rs 5,200 for Aug-Sept shipment.
On the other hand, domestic variety Tur traded firm Rs 25 to Rs 5,975-6,000/100Kg at benchmark market Akola on local and outstation mill purchase due to immediate requirement for crushing.
Millers are still cautious in purchasing, as they may face disparity because of weak demand in dal from consumption centers.
India 2020-21 Kharif Tur Sowing is Up 7.98 % as On July 31 at 40.05 Lakh Ha Vs 37.09 Last Year.
Government agencies are selling old raw Tur to the mills for processing, packaging and supply of processed Tur under PDS.
Millers are getting parity in crushing raw Tur for conversion, from the Government. Also millers are selling dals for government tenders.
Cheaper and average quality Tur dal is pressurising the prices and demand in the market.
As per market view, Tur prices are likely to get support due to slow pace of seasonal good quality arrivals. Active participation at the demand and sale counter of dals is expected in near future. Supply from Mozambique is expected from September. Government is yet to give any quota to millers and refiners.
Bumper Kharif Moong crop is likely to pressurize sentiments in Tur.
|
Kharif Tur Sowing Up 7.98 % As On July 29 Vs Last Yr (LAKH HA)
|
|
Karnataka
|
9.61
|
10.19
|
|
Maharashtra
|
11.96
|
10.54
|
|
Madhya Pradesh
|
3.88
|
3.65
|
|
Telangana
|
3.26
|
2.41
|
|
Uttar Pradesh
|
2.98
|
2.73
|
|
Gujarat
|
1.93
|
1.86
|
|
Jharkhand
|
2.17
|
2.38
|
|
Chhattisgarh
|
1.06
|
0.73
|
|
Total
|
40.05
|
37.09
|
|
Tur ( Prices In Rs /100Kg )
|
|
Market
|
Variety
|
01-Aug-20
|
25-Jul-20
|
18-Jul-20
|
01-Aug-19
|
|
Mumbai
|
Lemon
|
5200-5400
|
5350-5500
|
5175-5375
|
5200
|
|
Akola
|
Desi Bilty
|
5975-6000
|
5950-5975
|
Closed
|
5925-5950
|
|
Gulbarga
|
Desi
|
Closed
|
Closed
|
Closed
|
NA
|
|
|
|
|
|
|
|
|
Tur Dal ( Prices In Rs / 100Kg )
|
|
Market
|
Variety
|
01-Aug-20
|
25-Jul-20
|
18-Jul-20
|
01-Aug-19
|
|
Akola
|
Phatka
|
8100-8300
|
8100-8300
|
Closed
|
8100-8300
|
|
Gulbarga
|
Phatka
|
Closed
|
Closed
|
Closed
|
NA
|
|
Katni
|
Phatka
|
8400-8500
|
8400-8500
|
8450-8550
|
8200-8300
|
Burma Urad:
Burma Urad FAQ new variety traded range bound at Rs 5,950/100Kg, in Mumbai.
On the other hand, in Chennai, Burma Urad FAQ variety was up Rs 125-150 at Rs 5,950-6,000/100Kg. SQ variety also gained Rs 50 at Rs 6,550-6,575, respectively due to mill buying for immediate crushing requirement against limited ready stock..
However, thin offtake was witnessed in processed Urad.
As per Burma based local trader, direct vessel carrying 300-400 containers had departed from Yangon for India (Chennai) on 27th July.
Supreme Court has completed hearing On Pulses Import Restriction. As per sources, Judgement is reserved. Court has not fixed the date for judgement. Parties had filed brief written submission on 27th July, not exceeding five pages. Around 27,000-28,000 MT of Urad lies at Chennai and Mumbai port.
Kharif sowing is higher and new crops will likely arrive from September end in domestic markets.
India 2020-21 Kharif Urad Sowing Up 20.77 % as on July 29 at 33.38 Lakh Ha Vs 27.64 Lk Ha Last Year.
Government reduced the deadline for Urad Import Annual Quota of 4 lakh MT by 6 months to 31st August, 2020.
However, the allocated quantity is not expected to arrive till 31st August, 2020 against the annual quota license. Millers are yet to receive import quota licenses.
|
Kharif Urad Sowing Up 20.77 % As On July 29 Vs Last Yr (LAKH HA)
|
|
Madhya Pradesh
|
15.25
|
11.83
|
|
Maharashtra
|
3.61
|
2.58
|
|
Karnataka
|
0.94
|
0.67
|
|
Rajasthan
|
3.18
|
4.46
|
|
Uttar Pradesh
|
6.31
|
5.35
|
|
Gujarat
|
0.79
|
0.63
|
|
Telangana
|
0.16
|
0.21
|
|
Total
|
33.38
|
27.64
|
|
Urad ( Prices In Rs / 100Kg )
|
|
Market
|
Variety
|
01-Aug-20
|
25-Jul-20
|
18-Jul-20
|
01-Aug-19
|
|
Mumbai FAQ
|
FAQ
|
5950
|
5950
|
5950
|
4300
|
|
Chennai
|
FAQ
|
5950-6000
|
5825-5850
|
5900-5925
|
4300-4325
|
|
Chennai
|
SQ
|
6550-6575
|
6500-6525
|
6650-6675
|
5400-5425
|
|
Jalgaon
|
Desi
|
5850-6500
|
6050-6550
|
6000-6600
|
4550-5200
|
|
|
|
|
|
|
|
|
Urad Dal ( Prices In Rs / 100Kg )
|
|
Market
|
Variety
|
01-Aug-20
|
25-Jul-20
|
18-Jul-20
|
01-Aug-19
|
|
Mumbai
|
|
8000-8700
|
8100-8700
|
8200-8800
|
5750-5950
|
Chana Kantewala (Indore):
Chana prices were almost unchanged at Rs 4,200-4,225/100Kg in Indore on thin mill buying and ongoing arrivals.
Actual demand in chana dal and besan from consumption centres was reported to be slack. Meanwhile demand for besan has been suppressed throughout lockdown. Millers reveal that demand for besan has tanked 80% so far.
Sentiments are dampened due to Nafed’s liquidation and free distribution of grains every month under PM Garib Kalyan Anna Yojana, till November end. However, Nafed is not interested in liquidating its stock below Rs 4,500/100Kg.
As on July 29, 2020, NAFED has successfully procured 2143282.29 MT of Chana at Minimum Support Price of Rs 4,875.
As per market talk, current Chana prices are attractive for millers/traders due to cheaper pulses and reduced arrivals. Prices may get some support if Nafed does not liquidate procured stock at lower rates. Even consumption is likely to increase in coming days as festive period has begun and will continue till Diwali. Meanwhile, prices in spot markets are trading much below MSP of Rs 4,875.
|
Chana ( Prices In Rs / 100Kg )
|
|
Market
|
Variety
|
01-Aug-20
|
25-Jul-20
|
18-Jul-20
|
01-Aug-19
|
|
Mumbai
|
Australia
|
NA
|
NA
|
NA
|
4175
|
|
|
Tanzania
|
4100
|
4000
|
4051
|
NA
|
|
|
Burma
|
NA
|
NA
|
NA
|
4150
|
|
Indore
|
Katewala
|
4200-4225
|
4200-4225
|
4200-4225
|
4300
|
|
Delhi
|
Rajasthan origin
|
4150-4175
|
4175
|
4175-4200
|
4350
|
|
Akola
|
|
4325-4350
|
4325-4350
|
Closed
|
4375-4400
|
|
Bikaner
|
|
4075
|
4100
|
4050
|
4200-4225
|
|
|
|
|
|
|
|
|
Chana Dal ( Prices In Rs / 100Kg )
|
|
Market
|
Variety
|
01-Aug-20
|
25-Jul-20
|
18-Jul-20
|
01-Aug-19
|
|
Akola
|
|
5000-5500
|
5200-5600
|
Closed
|
5100-5700
|
|
Indore
|
|
5200-5600
|
5200-5600
|
5300-5700
|
NA
|
|
Jaipur
|
|
4825-4850
|
4825
|
4825-4850
|
5100
|
|
|
|
|
|
|
|
|
Chana Besan ( Prices In Rs / 50Kg )
|
|
Market
|
Variety
|
01-Aug-20
|
25-Jul-20
|
18-Jul-20
|
01-Aug-19
|
|
Mumbai
|
|
3125
|
3125
|
3125
|
3150
|
|
|
|
|
|
|
|
|
Kabuli Chana ( Prices In Rs / 100Kg )
|
|
Market
|
Variety
|
01-Aug-20
|
25-Jul-20
|
18-Jul-20
|
01-Aug-19
|
|
Indore
|
40-42
|
NA
|
NA
|
NA
|
6100
|
|
|
42-44
|
6500
|
6550
|
6600
|
5900
|
|
|
44-46
|
6300
|
6350
|
6400
|
5700
|
|
|
Dollar
|
5500-6000
|
5500-6000
|
5500-6000
|
NA
|
|
Mumbai
|
Sudan
|
NA
|
NA
|
NA
|
4200
|
|
|
Ethiopia
|
NA
|
NA
|
NA
|
4175
|
|
|
Russia
|
4200
|
4100
|
4150
|
4075
|
|
|
Burma
|
NA
|
NA
|
NA
|
4300
|
Imported Masoor (Mumbai):
Canada crimson variety and Australia origin Masoor moved higher by Rs 25-50 at Rs 5,275-5400/100Kg and Rs 5,475, respectively in Mumbai, amid mill buying at lower rates for immediate crushing requirement.
Moreover, fresh buying was witnessed as forward trade was settled for June-July month.
Similarly, Canada crimson variety Masoor at Hazira and Mundra port gained Rs 75-100 each at Rs 5,275-5,300/100Kg, respectively.
However, cheaper overseas supply of raw/processed Masoor and slow offtake in Masoor dal will limit the gains.
Vessel M. V. Livita carrying approx. 53,000 MT Masoor from Canada completed discharge of around 25,000 Mt at Kakinada port. Balance cargo of 28,000 MT is likely to be discharged by month end at Kolkata.
Another vessel M V PAOLO TOPIC carrying 53,700 tonnes of Canada Masoor is expected to arrive at Kandla port on 3rd August, 2020, according to a shipping agency.
Vessel M.V. RODOPI carrying approx, 19,500 MT Masoor from Canada is expected to arrive at Kandla on 5th August, 2020.
Vessel M.V. Lyra carrying approx, 55,000-58,000 MT Masoor from Canada is expected to arrive in India by mid- August.
One more vessel is expected to arrive in India, carrying Masoor from Canada before 31 August, 2020.
|
Masoor ( Prices In Rs / 100Kg )
|
|
Market
|
Variety
|
01-Aug-20
|
25-Jul-20
|
18-Jul-20
|
01-Aug-19
|
|
Mumbai
|
Canada
|
5275-5400
|
5225-5351
|
5250-5350
|
3875-3975
|
|
|
Australia
|
5475
|
5451
|
5400
|
4075
|
|
Mundra
|
Canada
|
5275-5300
|
5181-5200
|
5225
|
NA
|
|
Hajira
|
Canada
|
5275-5300
|
5200
|
5225
|
NA
|
|
Kolkata
|
Canada
|
5225-5400
|
5200-5350
|
5300-5400
|
4125
|
|
|
Australia
|
5500-5600
|
5500-5600
|
5500-5600
|
4225
|
|
Indore
|
Desi
|
5300-5350
|
5325-5350
|
5350
|
NA
|
|
Raipur
|
Desi
|
Closed
|
Closed
|
5450-5500
|
4400
|
|
Kanpur
|
Desi
|
Closed
|
Closed
|
5750
|
4425
|
|
|
|
|
|
|
|
|
Masoor Dal ( Prices In Rs / 100Kg )
|
|
Market
|
Variety
|
01-Aug-20
|
25-Jul-20
|
18-Jul-20
|
01-Aug-19
|
|
Khopoli
|
|
6400
|
6500
|
6500
|
5200-5300
|
|
Katni
|
|
NA
|
NA
|
NA
|
4925
|
Imported White Pea (Mumbai):
Canada origin White Pea was priced flat at Rs 6,000/100Kg amid thin activity.
The peas could not find support, despite tightness in ready stock.
On the other hand, White Pea prices moved higher by Rs 100 at Rs 5,350/100Kg at Kanpur market amid demand from local and outstation markets, for graded quality White Pea.
However, prices are unlikely to sustain at higher rates as millers prefer to stay with desi Chana/Kabuli Chana, due to easy availability.
Prices of White pea dal and besan ruled unchanged as demand and sales counter witnessed thin participation.
Supreme Court has completed hearing On Pulses Import Restriction. As per sources, Judgement is reserved. Court has not fixed the date for judgement. Parties had filed brief written submission on 27th July, not exceeding five pages.
Total quantity of imported White Pea lying on ports is around 2, 65,377 MT. JNPT: 84,903 MT, Mumbai: 63,800 MT, Mundra: 1, 03,824 MT and Chennai: 12,850 MT.
Total quantity released from various ports is around 5, 53,925 MT. JNPT: 4, 01,901 MT, Mumbai: 50,800 MT, Mundra: 98,479 and Chennai: 2744 Mt.
|
White Pea ( Prices In Rs / 100Kg )
|
|
Market
|
Variety
|
01-Aug-20
|
25-Jul-20
|
18-Jul-20
|
01-Aug-19
|
|
Mumbai
|
Canada
|
6000
|
6000
|
6000
|
4951
|
|
Kolkata
|
Canada
|
NA
|
NA
|
NA
|
5200
|
|
Kanpur
|
|
5350
|
5250
|
5300
|
5200-5325
|
|
|
|
|
|
|
|
|
White Pea besan ( Prices In Rs / 50Kg )
|
|
Market
|
Variety
|
01-Aug-20
|
25-Jul-20
|
18-Jul-20
|
01-Aug-19
|
|
Mumbai
|
|
3500
|
3500
|
3500
|
3050
|
|
|
|
|
|
|
|
|
White Pea Dal ( Prices In Rs / 100Kg )
|
|
Market
|
Variety
|
01-Aug-20
|
25-Jul-20
|
18-Jul-20
|
01-Aug-19
|
|
Mumbai
|
|
6500
|
6500
|
6500
|
5525
|
Moong (Jaipur):
Moong prices traded flat to Rs 6,300-6,500/100Kg 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 almost steady as per quality against ongoing arrivals.
Arrivals of new Kharif Moong started at Jalna and Dhule market of Maharashtra and Gadag market of Karnataka. The arrived Moong has moisture content of 15-18%, a local trader said.
India’s 2020-21 Kharif Moong Sowing is up 37.41 %, as On July 31 at 29.57 Lakh Ha Vs 21.52 Lk Ha Last Year.
New kharif Moong crop is expected to arrive from next month in Maharashtra/Karnataka along with Rajasthan from September.
Millers were interested in purchasing good quality Moong for crushing. However, average quality arrivals at various origins were witnessed due to recent rains.
As on July 30, 2020, NAFED has successfully procured 6059.13 MT of Moong at Minimum Support Price of Rs 7,050.
As per Gadag-based local trader, around 40% of new Kharif Moong is expected to be of good quality and rest 60% may be average, due to untimely rains. Ample Rainfall was reported during the sowing period, but the crop received scanty rains at flowering stage. 60 percent Moong has turned yellowish/dagi/discolour. Meanwhile, non-stop rains during harvesting period may affect quality, as well.
New Kharif crop of Moong and Urad is expected to be of good quality due to timely rains at Bidar of Karnataka. Farmers will keep a close watch on monsoon rains during harvesting period. Harvest is likely to commence from 10th August and crop will arrive in market from mid of August.
Better Moong output was reported at other producing belts, such as Gulbarga, Raichur, and Yadgiri as well.
|
Kharif Moong Sowing Up 37.41 % As On July 29 Vs Last Yr (LAKH HA)
|
|
Karnataka
|
3.3
|
2.49
|
|
Maharashtra
|
3.71
|
2.85
|
|
Rajasthan
|
17.79
|
12
|
|
Madhya Pradesh
|
1.37
|
1.25
|
|
Gujarat
|
0.72
|
0.3
|
|
Telangana
|
0.47
|
0.54
|
|
Total
|
29.57
|
21.52
|
|
Moong ( Prices In Rs / 100Kg )
|
|
Market
|
Variety
|
01-Aug-20
|
25-Jul-20
|
18-Jul-20
|
01-Aug-19
|
|
Jaipur
|
Kharif
|
6300-6500
|
6300-6500
|
6500-6600
|
5900-6200
|
|
Veraval
|
Summer
|
Closed
|
Closed
|
6800-7200
|
NA
|
|
Harda
|
Summer
|
Closed
|
Closed
|
Closed
|
NA
|
|
|
|
|
|
|
|
|
Moong Dal ( Prices In Rs / 100Kg )
|
|
Market
|
Variety
|
01-Aug-20
|
25-Jul-20
|
18-Jul-20
|
01-Aug-19
|
|
Jaipur
|
|
7100-7200
|
7100-7200
|
7300-7400
|
7300-7400
|
|
Gulbarga
|
|
Closed
|
Closed
|
Closed
|
NA
|
|
Akola
|
|
NA
|
NA
|
Closed
|
7300-7800
|
(By Commodities control Bureau; +91 9820130172)
|
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