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Weekly: Urad, Masoor, Chana Gain Most This Week, Moong Weakens

14 Sep 2020 10:17 am
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MUMBAI (Commodities control) – Urad, Masoor, Chana and Kabuli Chickpea moved higher for the week ended 12th September amid mills buying activity, while Moong prices slipped on increased new arrivals. On the other hand, Tur prices ruled steady to firm on limited mills buying.


Weekly Highlights

# Ongoing Kharif sowing is marching ahead at a good pace. Kharif sowing area reached 1104.54 lakh hectare which is 59.36 lakh hectare (5.68%) higher than acreage for the same period of last season. Normal area for the same period is 1067.73 lakh hectares.
# India kharif pulses sowing as on Sep 11 was up 4.64% at 137.87 lakh hectares as against 131.76 lakh hectare during the same period last year.
# Rains to Lash South India Seen until September 23.
# A La Nina weather phenomenon has probably appeared, with a 70% chance of continuing through the northern hemisphere winter, Japan's weather bureau said on Thursday.
# Conditions may turn favourable for withdrawal of the South-West monsoon from extreme North-West India next week (September 11-17), according to Mrutyunjay Mohapatra, Director-General, India Meteorological Department (IMD).
# Production of Australia Chickpea is forecast to increase by 152% to 7.08 lakh tonnes during the year 2020-21, according to ABARES crop report September 2020. Similarly, area planted to chickpeas is forecast to increase by 93.16% to 508,000 hectares.
# Production of Australia Masoor is forecast to decrease by 7% to 4.97 lakh tonnes during the year 2020-21, according to ABARES. Similarly, area planted to Masoor is forecast down by 6% to 338,000 hectares.

India 2020-21 Kharif Pulses Sowing Up 4.64 % As On Sep 11, 2020

Commodity

Area Sown In Lakh Hectare 2020-2021

Area Sown In Lakh Hectare 2019-20

Tur

48.11

45.21

Urad

38.27

37.88

Moong

35.66

30.71

Other Pulses

15.49

17.53

Pulses

137.87

131.76



Burma Lemon Tur:

Tur Lemon variety of Burma-origin, both old and new, almost remained steady at Rs 5,700-5,900/100Kg, in Mumbai amid thin mills buying due to average quality despite lower availability of imported Tur stock.

Similarly, domestic variety Tur also traded flat to Rs 6,425-6,450/100Kg at benchmark market Akola, on slow local and outstation mill purchase as limited trade activity in Tur dal was witnessed at Wholesale/retail counters.

Meanwhile, millers were unable to procure good quality Tur for crushing due to negligible arrivals. Sellers are unwilling to liquidate in anticipation of price rise.

India 2020-21 Kharif Tur Sowing was Up 6.41 %, as on September 11, at 48.11 Lakh Ha Vs 45.21 Last Year.

Around 4000-5000 tons of new Mozambique Tur is likely to arrive during September end. Nearly 3000 tons of red variety Mozambique tur and rest gajri/white variety is expected to arrive during the period.

Buyers are still cautious and trading as per their needs on expectations that Indian Government may allot quota license of 4 lakh tons Tur to millers in September.

Government agency is selling old raw Tur to the mills for processing, packaging and supply of processed Tur under PDS.

Small traders and stockiest were active in liquidating their domestic Tur stock in the markets as they have to purchase new Moong.

As per market view, tur prices may be underpinned due to negligible arrivals and lesser availability of imported Tur. Demand and sale counter of dals are expected from mid-September. Supply from Mozambique is expected from September end.

Tur ( Prices In Rs /100Kg )

Market

Variety

12-Sep-20

05-Sep-20

29-Aug-20

13-Sep-19

Mumbai

Lemon

5700-5900

5700-5900

5750-5950

4850

Akola

Desi Bilty

6425-6450

6425-6450

6450-6475

5675-5700

Gulbarga

Desi

6100-6350

6300-6400

6200-6350

5600

Tur Dal ( Prices In Rs / 100Kg )

Market

Variety

12-Sep-20

05-Sep-20

29-Aug-20

13-Sep-19

Akola

Phatka

8600-8800

8500-8700

8600-8800

7800-8000

Gulbarga

Phatka

8600-9000

8500-8900

8500-8900

7800

Katni

Phatka

8800-8900

8800-8900

8900-9000

7800-8000



Kharif Tur Sowing Up 6.41 % As On Sep 9 Vs Last Yr (LAKH HA)

Karnataka

12.76

11.69

Maharashtra

12.47

12.06

Madhya Pradesh

4.12

5.06

Telangana

4.23

2.82

Uttar Pradesh

3.52

3.51

Gujarat

2.25

2.09

Jharkhand

2.49

2.38

Chhattisgarh

1.41

0.98

Total

48.11

45.21



Burma Urad:

Price of Burma Urad FAQ new variety gained Rs 350 to Rs 6,650/100Kg, in Mumbai.

Similarly in Chennai, Burma Urad FAQ/SQ varieties also moved up Rs 400-500 at Rs 6,600/100Kg and Rs 7,750 respectively, due to better mill buying activity against limited ready stock and no supply pressure from overseas.

Moreover, forecast of rain and cloudy weather has supported the prices due to fear of crop damage as kharif crop harvesting is going on. Recent rains already damaged crop and quality of Urad.

Although the mills are purchasing as per immediate crushing requirement as arrivals pace of new kharif urad has increased at producing centers.

Southern and North Indian millers are actively purchasing good quality new Urad with lesser moisture content from Maharashtra.

Meanwhile, good offtake was witnessed in processed Urad.

India 2020-21 Kharif Urad Sowing is up 1.03 %, as On September 11, At 38.27 Lakh Ha Vs 37.88 Last Year.

Urad ( Prices In Rs / 100Kg )

Market

Variety

12-Sep-20

05-Sep-20

29-Aug-20

13-Sep-19

Mumbai FAQ

FAQ

6650

6300

6500

4625-4650

Chennai

FAQ

6600

6200-6225

6300-6325

4950-5000

Chennai

SQ

7750

7200-7250

7300-7325

6100-6150

Jalgaon

Desi

6400-6750

6500-6950

NA

4550-5200

Urad Dal ( Prices In Rs / 100Kg )

Market

Variety

12-Sep-20

05-Sep-20

29-Aug-20

13-Sep-19

Mumbai

8150-8950

8300-9050

8300-9050

6000-6200



Kharif Urad Sowing Up 1.03 % As On Sep 9 Vs Last Yr (LAKH HA)

Madhya Pradesh

16.01

16.5

Maharashtra

3.89

2.88

Karnataka

1.09

0.69

Rajasthan

3.77

4.57

Uttar Pradesh

6.87

7.02

Gujarat

1

0.87

Telangana

0.19

0.23

Total

38.27

37.88



Chana Kantewala (Indore):

Chana prices extended rally for the sixth straight week by Rs 100 to Rs 5,050/100Kg in Indore due to rise in future and declining government stock with NAFED releasing large volume of chana to government for distributing to the poor people under welfare schemes.

Nafed has target to distribute Chana under (PMGKAY) around 9.73 lakh tonnes till 30 November 2020. About 4.73 lakh tonnes has been dispatched so far.

Chana, currently, appears to be in complete grip of speculators and pushing up chana prices in the future on apprehension of declining government stock.

Moreover, good demand in chana dal and besan was reported from consumption centres

meanwhile arrivals of seasonal domestic Chana are limited. Millers were facing difficulty in procuring good quality Chana for crushing. Hence, they are purchasing from Nafed. Nafed is actively liquidating stock at higher rates, but rejected bids of lower rates.

In Mumbai, Tanzania-origin Chana traded steady to firm by Rs 5,050-5,075/100Kg due to less ready stock.

Russia-origin Kabuli Chana gained Rs 50 at Rs 5,150/100Kg, Sudan-origin Kabuli Chickpea was also moved higher Rs 100 at Rs 5,300.

As per market talk, Chana prices will likely be underpinned as consumption may continue amid festive season. Lesser ready stocks and negligible overseas supplies of Kabuli Chickpea and White Pea may support Chana prices further. However, supply of Chana/Kabuli Chickpea supply is expected by September end, but parity is higher.

Meanwhile, NAFED has indicated that the chana stocks procured so far will be sold through various government schemes announced (PMGKAY).

Chana ( Prices In Rs / 100Kg )

Market

Variety

12-Sep-20

05-Sep-20

29-Aug-20

13-Sep-19

Mumbai

Australia

NA

NA

NA

4200

Tanzania

5050-5075

5050

4950

NA

Burma

NA

NA

NA

4100

Indore

Katewala

5050

4925-4950

4900-4925

4150-4175

Delhi

Rajasthan origin

5275

5115-5125

5100

4225

Akola

5200-5225

5075-5100

5025-5050

4325-4350

Bikaner

5050

4900

4900

4050

Chana Dal ( Prices In Rs / 100Kg )

Market

Variety

12-Sep-20

05-Sep-20

29-Aug-20

13-Sep-19

Akola

5800-6200

5500-6000

5500-6000

5000-5600

Indore

6000-6200

5900-6300

5800-6200

NA

Jaipur

6175-6200

6025-6050

6000

5100

Chana Besan ( Prices In Rs / 50Kg )

Market

Variety

12-Sep-20

05-Sep-20

29-Aug-20

13-Sep-19

Mumbai

3500

3475

3475

2990

Kabuli Chana ( Prices In Rs / 100Kg )

Market

Variety

12-Sep-20

05-Sep-20

29-Aug-20

13-Sep-19

Indore

40-42

NA

NA

NA

5850

42-44

7600

7500

7600

5650

44-46

7400

7300

7400

5450

Dollar

6500-7000

NA

6600-7200

4800-5200

Mumbai

Sudan

5300

5150-5200

5150

4200

Ethiopia

NA

NA

NA

4100

Russia

5150

5050-5100

4950

4025

Burma

NA

NA

NA

4250



Imported Masoor (Mumbai):

Canada crimson variety and Australia-origin Masoor in Mumbai pushed higher for second straight week, by Rs 50-75 at Rs 5,350-5,450/100Kg and Rs 5,550, respectively in Mumbai, amid mills’ buying on immediate requirement for crushing, following firm trend in other pulses and no further supply pressure likely from overseas.

Similarly, Canada crimson variety Masoor at Hazira and Mundra port gained Rs 50 each, at Rs 5,351/100Kg, respectively.

However, availability of imported raw and processed Masoor stock at cheaper rates and thin offtake in processed Masoor will limit the gains.

In forward business, Canada red Masoor No 2 priced at $565 per ton in container on CNF basis for Nhava Sheva/Kolkata against October-November.

Masoor ( Prices In Rs / 100Kg )

Market

Variety

12-Sep-20

05-Sep-20

29-Aug-20

13-Sep-19

Mumbai

Canada

5350-5450

5300-5400

5271-5350

3850-4000

Australia

5550

5475

5400

4050

Mundra

Canada

5351

5300

5281

NA

Hajira

Canada

5351

5300

5281

NA

Kolkata

Canada

5400-5450

5350-5400

5300-5400

3975-4100

Australia

5600-5800

5600-5800

5500-5750

4150-4175

Indore

Desi

5600-5650

5600-5650

5600-5650

4000-4050

Raipur

Desi

5600-5650

NA

NA

4200

Kanpur

Desi

5925

6000

5925

4275

Masoor Dal ( Prices In Rs / 100Kg )

Market

Variety

12-Sep-20

05-Sep-20

29-Aug-20

13-Sep-19

Khopoli

6400

6400

6400

5100-5200

Katni

NA

NA

NA

4800



Monthwise Masoor Imports During 30% Custom Duty

Month

Qty In MT

February

22460

March

62011

April

46920

May

39829

Masoor Imports During 10% Custom Duty

June

73422

July

166620

August

207592

Total

618854



Imported White Pea (Mumbai):

White Pea prices ruled unchanged at Rs 6,500/100Kg at Kanpur market on limited trade at higher rate despite negligible stock of imported White Pea..

On the other hand, price of White pea dal and besan remained weak by Rs 50-100/100Kg on thin activity. Crushing of White Pea for making dal, besan by mills were less interesting due to unavailability of White Pea. Major mills have halted the crushing activity in White Pea.

Customs department has not release the imported pulse, as the release will be contradicting the government’s existing policy.

White Pea ( Prices In Rs / 100Kg )

Market

Variety

12-Sep-20

05-Sep-20

29-Aug-20

13-Sep-19

Mumbai

Canada

NA

NA

NA

5121

Kolkata

Canada

NA

NA

NA

5500

Kanpur

6500

6500

7000

5575

White Pea besan ( Prices In Rs / 50Kg )

Market

Variety

12-Sep-20

05-Sep-20

29-Aug-20

13-Sep-19

Mumbai

3650

3700

3700

3200

White Pea Dal ( Prices In Rs / 100Kg )

Market

Variety

12-Sep-20

05-Sep-20

29-Aug-20

13-Sep-19

Mumbai

6700

6800

6800

5800



Moong (Jaipur):

Moong prices declined for second straight week by 200 to Rs 6,500-6,600/100Kg in Jaipur market of Rajasthan, as per quality, amid thin mill buying as demand and sale counters in processed Moong reported limited participation.

Moreover, arrivals of new Kharif Moong crop have increased in Karnataka, Maharashtra and Telangana due to favourable weather. Moisture has reduced by around 11-16 percent on new moong arrivals.

The buyers were interested in good quality supplies, for immediate processing requirement.

But, forecast of rain and cloudy weather will support prices amid fear of crop damage. Recent rain has, reportedly, damaged crop and affected quality of Moong.

India’s 2020-21 Kharif moong sowing is up 16.12 %, as on September 11, at 35.66 Lakh Ha.

In Merta market of Rajasthan, Moong crop is expected to be good and likely to arrive within 8-10 days. Only 5-10% damaged may be damaged.

In Kishangarh, only 10-15% moong is likely to arrive within 15 days as crop was damaged due to less rain during growing stage and weak rains after flowering stage as well.

Similarly, 35-45% Moong crop may arrive at Kekri. Millers are active in purchasing summer crop Moong from Madhya Pradesh.

New Moong crop has been reported to be good at Nagaur, Pali and Sumerpur belt.

As per Rajasthan based traders, Moong prices of good quality are unlikely to slip below Rs 6,000-6,500/100Kg. Government is also actively procuring good quality new Moong at MSP of Rs 7,196/100Kg. No carryover stock of old Moong was reported with government and private traders.

Moong ( Prices In Rs / 100Kg )

Market

Variety

12-Sep-20

05-Sep-20

29-Aug-20

13-Sep-19

Jaipur

Kharif

6500-6600

6700-6800

7400-7500

5800-6200

Harda

Summer

NA

NA

NA

NA

Moong Dal ( Prices In Rs / 100Kg )

Market

Variety

12-Sep-20

05-Sep-20

29-Aug-20

13-Sep-19

Jaipur

7200-7300

7600-7700

8200-8300

7300-7400

Gulbarga

8400-8500

8400-8500

8700-8800

8000

Akola

NA

NA

NA

7300-7800



Kharif Moong Sowing Up 16.12 % As On Sep 9 Vs Last Yr (LAKH HA)

Karnataka

4.4

2.68

Maharashtra

3.94

3.24

Rajasthan

20.9

18.26

Madhya Pradesh

1.57

1.8

Gujarat

0.94

0.92

Telangana

0.62

0.62

Total

35.66

30.71



(By Commodities control Bureau; +91 9820130172)


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