MUMBAI (Commodities control) – Tur, Chana, Moong and White Pea moved higher for the week ended 8th August amid mill buying activity. While, Urad and Masoor prices remained weak due to thin activity.
However, demand and sale counters in processed pulses reported limited participation. But, demand is expected to rise from wholesale/retail counters soon,as the economy comes out of the lockdown and the pipeline is empty.
Weekly Highlights
# India’s ongoing kharif crops sowing area increased 10.03% so far. A report released by Union Ministry of Agriculture shown total area of all kharif crops reached at 965.55 lakh hectares which is 88.03 lakh hectares higher than last year’s for the corresponding period at 877.52 lakh hectares.
# India kharif pulses sowing as on Aug 7 was up 4.2% at 119.59 lakh hectares as against 114.77 lakh hectare during the same period last year.
# Agri Ministry Asks State Agencies to be Vigilant about Circulation of Contaminated Seeds.
#Australian Masoor shipment dropped from 70,060 MT in June to 66,496 MT in July. However, for the marketing year lentil exports have totaled 534,455 MT, up from 216,305 MT during the last marketing year. Bangladesh was the biggest buyer of Australian lentils at 29,790 MT. India bought 19,299 MT of lentils, followed by Sri Lanka at 5,793 MT.
# Canadian Masoor exports upped to 203,748 MT in July from 177,396 MT in June. Exports for the marketing year, so far, totaled 1,580,931 MT, versus 1,121,712 for the corresponding period in the previous marketing year. India was the biggest buyer in July taking 149,715 MT, followed by Bangladesh buying 24,880 MT. United Arab Emirates purchased 7,622 MT.
# Canadian green pea exports for July were registered to have dipped to 22,389 MT, from 27,467 MT in June. However export sales for the current marketing year, so far, are racing ahead at 299,404 MT, up from 288,489 during the last marketing year. Colombia was the biggest buyer taking 4,667 MT followed by India buying 4,061 MT. China reportedly purchased 3,552 MT.
Burma Lemon Tur:
Tur Lemon variety of Burma-origin, both old and new, gained Rs 100 to Rs 5,300/100Kg and Rs 5,500, respectively in Mumbai amid mill buying activity at lower rates, following uptrend in domestic market and lower availability of imported Tur stock.
Similarly, domestic variety Tur traded firm by Rs 50-75 to Rs 6,025-6,075/100Kg at benchmark market Akola, on local and outstation mill purchase due to immediate requirement for crushing.
However, demand and sale counter in Tur dal reported slow activity as demand is suffering due to closure of restaurants, small eatery joints, and big retail chains.
Government agency is selling old raw Tur to the mills for processing, packaging and supply of processed Tur under PDS.
As per market view, Tur prices may be underpinned due to slow pace of good quality arrivals and lesser availability of imported Tur. 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 the millers and refiners.
Bumper Kharif Moong crop and cheaper overseas supply of Masoor is likely to pressurize sentiments in Tur. But, incessant rains in Karnataka and Maharashtra may damage crop and quality of Moong. This may support Tur prices, which is a substitute for Moong and Masoor.
|
Kharif Tur Sowing Up 5.64 % As On Aug 5 Vs Last Yr (LAKH HA)
|
|
Karnataka
|
10.29
|
10.19
|
|
Maharashtra
|
12.13
|
11.28
|
|
Madhya Pradesh
|
3.96
|
4.61
|
|
Telangana
|
3.82
|
2.58
|
|
Uttar Pradesh
|
3.11
|
3.04
|
|
Gujarat
|
2.12
|
1.99
|
|
Jharkhand
|
2.33
|
2.38
|
|
Chhattisgarh
|
1.17
|
0.99
|
|
Total
|
42.5
|
40.23
|
|
Tur ( Prices In Rs /100Kg )
|
|
Market
|
Variety
|
08-Aug-20
|
01-Aug-20
|
25-Jul-20
|
08-Aug-19
|
|
Mumbai
|
Lemon
|
5300-5500
|
5200-5400
|
5350-5500
|
5175
|
|
Akola
|
Desi Bilty
|
6025-6075
|
5975-6000
|
5950-5975
|
5900-5925
|
|
Gulbarga
|
Desi
|
5800-6000
|
Closed
|
Closed
|
5800
|
|
|
|
|
|
|
|
|
Tur Dal ( Prices In Rs / 100Kg )
|
|
Market
|
Variety
|
08-Aug-20
|
01-Aug-20
|
25-Jul-20
|
08-Aug-19
|
|
Akola
|
Phatka
|
8200-8400
|
8100-8300
|
8100-8300
|
8000-8200
|
|
Gulbarga
|
Phatka
|
8000-8400
|
Closed
|
Closed
|
7900
|
|
Katni
|
Phatka
|
8500-8600
|
8400-8500
|
8400-8500
|
8200-8400
|
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 SQ and FAQ varieties down Rs 50-100 at Rs 6,500/100Kg and Rs 5,900, respectively on thin mills' trade, due to slow offtake in processed Urad and some supplies from overseas.
Arrivals of new Urad witnessed at Barsi market of Maharashtra. The arrived Urad has moisture content of 3-4%, a local trader said. 2% of the supplies were reported to be dagi quality. Commodity traded at Rs 4,500-5,400/100Kg.
Fifty-six traders have been caught trying to con their way through Centre’s urad import quota by submitting false declarations. The conning came to light during spot verification, of the existence of manufacturing units of the import authorization holders, by Directorate General of Foreign Trade (DGFT). DGFT has taken these supplies in its custody along with canceling the licenses of these traders. Chennai Customs Department has been duly informed about the findings by DGFT.
Meanwhile, 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 who received import quota licenses are surrendering their licenses to DGFT.
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.
Kharif sowing is higher and new crops will likely arrive from September end in domestic markets.
|
Kharif Urad Sowing Up 6.64 % As On Aug 5 Vs Last Yr (LAKH HA)
|
|
Madhya Pradesh
|
15.49
|
14.39
|
|
Maharashtra
|
3.69
|
2.8
|
|
Karnataka
|
1.01
|
0.67
|
|
Rajasthan
|
3.36
|
4.57
|
|
Uttar Pradesh
|
6.31
|
5.89
|
|
Gujarat
|
0.86
|
0.7
|
|
Telangana
|
0.17
|
0.21
|
|
Total
|
34.55
|
32.4
|
|
Urad ( Prices In Rs / 100Kg )
|
|
Market
|
Variety
|
08-Aug-20
|
01-Aug-20
|
25-Jul-20
|
08-Aug-19
|
|
Mumbai FAQ
|
FAQ
|
5950
|
5950
|
5950
|
4300
|
|
Chennai
|
FAQ
|
5900
|
5950-6000
|
5825-5850
|
4325-4350
|
|
Chennai
|
SQ
|
6500
|
6550-6575
|
6500-6525
|
5450
|
|
Jalgaon
|
Desi
|
NA
|
5850-6500
|
6050-6550
|
4500-5100
|
|
|
|
|
|
|
|
|
Urad Dal ( Prices In Rs / 100Kg )
|
|
Market
|
Variety
|
08-Aug-20
|
01-Aug-20
|
25-Jul-20
|
08-Aug-19
|
|
Mumbai
|
|
8000-8700
|
8000-8700
|
8100-8700
|
5750-5950
|
Chana Kantewala (Indore):
Chana prices gained Rs 150 at Rs 4,350-4,375/100Kg in Indore following firm cues from futures and improved mill buying at prevailing rates on immediate requirement for crushing.
Meanwhile, arrivals of seasonal domestic Chana are less. Millers were facing difficulty in getting good quality Chana for crushing. Nafed is not interested in liquidating its stock below Rs 4,500/100Kg.
The overall demand in spot markets is firm and is expected to increase in coming weeks as the economy comes out of the lockdown. The overall demand normally sees a spurt around this time of the year as festive season approaches.
In Mumbai, Tanzania origin Chana went up Rs 175 at Rs 4,275/100Kg due to less stock.
Similarly, Russia Kabuli Chana gained Rs 125 at Rs 4,325/100Kg due to low stock.
In forward business, Tanzania Chana traded at $545 per ton in container on CNF basis for July-August shipment.
As per market talk, current chana prices are attractive for millers/traders due to cheaper pulses and reduced arrivals. Even consumption is likely to increase in coming days due to commencement of festive period until Diwali. Meanwhile, prices in spot markets traded much below MSP of Rs 4,875. Moreover, zero import quota of yellow peas for the current fiscal will support the prices.
|
Chana ( Prices In Rs / 100Kg )
|
|
Market
|
Variety
|
08-Aug-20
|
01-Aug-20
|
25-Jul-20
|
08-Aug-19
|
|
Mumbai
|
Australia
|
NA
|
NA
|
NA
|
4200
|
|
|
Tanzania
|
4275
|
4100
|
4000
|
NA
|
|
|
Burma
|
NA
|
NA
|
NA
|
4150
|
|
Indore
|
Katewala
|
4350-4375
|
4200-4225
|
4200-4225
|
4225-4250
|
|
Delhi
|
Rajasthan origin
|
4350
|
4150-4175
|
4175
|
4375-4400
|
|
Akola
|
|
4450-4475
|
4325-4350
|
4325-4350
|
4400-4425
|
|
Bikaner
|
|
4200
|
4075
|
4100
|
4175-4200
|
|
|
|
|
|
|
|
|
Chana Dal ( Prices In Rs / 100Kg )
|
|
Market
|
Variety
|
08-Aug-20
|
01-Aug-20
|
25-Jul-20
|
08-Aug-19
|
|
Akola
|
|
5100-5600
|
5000-5500
|
5200-5600
|
5000-5700
|
|
Indore
|
|
5200-5600
|
5200-5600
|
5200-5600
|
NA
|
|
Jaipur
|
|
5125
|
4825-4850
|
4825
|
5000
|
|
|
|
|
|
|
|
|
Chana Besan ( Prices In Rs / 50Kg )
|
|
Market
|
Variety
|
08-Aug-20
|
01-Aug-20
|
25-Jul-20
|
08-Aug-19
|
|
Mumbai
|
|
3181
|
3125
|
3125
|
3120
|
|
|
|
|
|
|
|
|
Kabuli Chana ( Prices In Rs / 100Kg )
|
|
Market
|
Variety
|
08-Aug-20
|
01-Aug-20
|
25-Jul-20
|
08-Aug-19
|
|
Indore
|
40-42
|
NA
|
NA
|
NA
|
6050
|
|
|
42-44
|
6700
|
6500
|
6550
|
5850
|
|
|
44-46
|
6500
|
6300
|
6350
|
5650
|
|
|
Dollar
|
5500-6000
|
5500-6000
|
5500-6000
|
4800-5400
|
|
Mumbai
|
Sudan
|
NA
|
NA
|
NA
|
4225
|
|
|
Ethiopia
|
NA
|
NA
|
NA
|
4150
|
|
|
Russia
|
4325
|
4200
|
4100
|
4050
|
|
|
Burma
|
NA
|
NA
|
NA
|
4300
|
Imported Masoor (Mumbai):
Canada crimson variety and Australia origin Masoor declined Rs 50 at Rs 5,271-5,350/100Kg and Rs 5,425, respectively in Mumbai, amid thin buying due to unattractive crushing margins.
Cheaper overseas supplies of raw and processed Masoor and thin demand in processed Masoor are keeping sentiments under pressure.
Similarly, Canada crimson variety Masoor at Hazira and Mundra port fell Rs 50 each at Rs 5,251/100Kg, respectively.
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 discharging at Kolkata. Around 4000 MT is left and likely to complete discharging within a day.
Vessel M V PAOLO TOPIC carrying 57,400 tonnes of Canada Masoor arrived at Mundra Port on 4th Aug has started discharging its cargo.
Vessel M V RODOPI carrying 19,000 tonnes of Canada Masoor arrived at Kandla Port on 7th August and is likely to start discharging its cargo soon.
Vessel M V SBI LYRA carrying 57,000 tonnes of Canada Masoor is expected to arrive at Kandla/Mundra port on 13th August, 2020.
Vessel M.V. Fermita carrying approx. 37,000 MT Masoor from Canada is expected to arrive in Kolkata by mid- August.
One more vessel is expected to arrive in India, carrying Masoor from Canada before 31 August, 2020.
In forward business, Canada crimson variety masoor new crop offered at $570-$575 per ton in container on CNF basis for September-October shipment.
Canada green Masoor Laird No 2 new crop offered at $645 per ton in container on CNF basis for September-October shipment.
|
Masoor ( Prices In Rs / 100Kg )
|
|
Market
|
Variety
|
08-Aug-20
|
01-Aug-20
|
25-Jul-20
|
08-Aug-19
|
|
Mumbai
|
Canada
|
5271-5350
|
5275-5400
|
5225-5351
|
3875-3975
|
|
|
Australia
|
5425
|
5475
|
5451
|
4100
|
|
Mundra
|
Canada
|
5251
|
5275-5300
|
5181-5200
|
NA
|
|
Hajira
|
Canada
|
5251
|
5275-5300
|
5200
|
NA
|
|
Kolkata
|
Canada
|
5225-5375
|
5225-5400
|
5200-5350
|
4150
|
|
|
Australia
|
5500-5600
|
5500-5600
|
5500-5600
|
4250
|
|
Indore
|
Desi
|
5400-5450
|
5300-5350
|
5325-5350
|
4100
|
|
Raipur
|
Desi
|
5600
|
Closed
|
Closed
|
4350
|
|
Kanpur
|
Desi
|
5700
|
Closed
|
Closed
|
4425
|
|
|
|
|
|
|
|
|
Masoor Dal ( Prices In Rs / 100Kg )
|
|
Market
|
Variety
|
08-Aug-20
|
01-Aug-20
|
25-Jul-20
|
08-Aug-19
|
|
Khopoli
|
|
6350
|
6400
|
6500
|
5200-5300
|
|
Katni
|
|
NA
|
NA
|
NA
|
4850
|
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 400 at Rs 5,800/100Kg at Kanpur market amid demand from local and outstation markets, for graded quality White Pea.
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
|
08-Aug-20
|
01-Aug-20
|
25-Jul-20
|
08-Aug-19
|
|
Mumbai
|
Canada
|
6000
|
6000
|
6000
|
5125
|
|
Kolkata
|
Canada
|
NA
|
NA
|
NA
|
5300-5325
|
|
Kanpur
|
|
5800
|
5350
|
5250
|
5600
|
|
|
|
|
|
|
|
|
White Pea besan ( Prices In Rs / 50Kg )
|
|
Market
|
Variety
|
08-Aug-20
|
01-Aug-20
|
25-Jul-20
|
08-Aug-19
|
|
Mumbai
|
|
3500
|
3500
|
3500
|
3160
|
|
|
|
|
|
|
|
|
White Pea Dal ( Prices In Rs / 100Kg )
|
|
Market
|
Variety
|
08-Aug-20
|
01-Aug-20
|
25-Jul-20
|
08-Aug-19
|
|
Mumbai
|
|
6500
|
6500
|
6500
|
5800
|
Moong (Jaipur):
Moong prices traded higher by Rs 200 to Rs 6,500-6,700/100Kg in Jaipur market of Rajasthan, as per quality, amid mill buying activity on immediate requirement for crushing and ongoing arrivals.
Meanwhile, demand and sale counters in processed Moong reported thin participation.
Similarly, summer crop Moong gained as per quality at Rs 6,000-6,600/100Kg in Madhya Pradesh against ongoing arrivals.
New Kharif Moong also ruled firm and traded in the range of Rs 5,000-8,000/100Kg at Gadag and Bagalkot market of Karnataka. The arrived Moong has moisture content of 15-20%, a local trader said.
Continuous rains during harvesting in Karnataka and Maharashtra may damage crop and quality of Moong.
New kharif Moong crop is expected to arrive soon 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.
|
Kharif Moong Sowing Up 16.67 % As On Aug 5 Vs Last Yr (LAKH HA)
|
|
Karnataka
|
3.44
|
2.49
|
|
Maharashtra
|
3.78
|
3.09
|
|
Rajasthan
|
19.56
|
17
|
|
Madhya Pradesh
|
1.48
|
1.61
|
|
Gujarat
|
0.82
|
0.36
|
|
Telangana
|
0.55
|
0.58
|
|
Total
|
32.13
|
27.54
|
|
Moong ( Prices In Rs / 100Kg )
|
|
Market
|
Variety
|
08-Aug-20
|
01-Aug-20
|
25-Jul-20
|
08-Aug-19
|
|
Jaipur
|
Kharif
|
6500-6700
|
6300-6500
|
6300-6500
|
5900-6200
|
|
Veraval
|
Summer
|
Closed
|
Closed
|
Closed
|
NA
|
|
Harda
|
Summer
|
Closed
|
Closed
|
Closed
|
5350-5800
|
|
|
|
|
|
|
|
|
Moong Dal ( Prices In Rs / 100Kg )
|
|
Market
|
Variety
|
08-Aug-20
|
01-Aug-20
|
25-Jul-20
|
08-Aug-19
|
|
Jaipur
|
|
7400-7500
|
7100-7200
|
7100-7200
|
7300-7400
|
|
Gulbarga
|
|
8400-8500
|
Closed
|
Closed
|
7800
|
|
Akola
|
|
NA
|
NA
|
NA
|
7300-7800
|
(By Commodities control Bureau; +91 9820130172)
|
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