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Weekly: Tur, Chana, Moong, White Pea – Biggest Gainers of the Week, Urad-Masoor Slips

10 Aug 2020 10:25 am
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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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