MUMBAI (Commodities control) – Tur, Urad, Chana, Kabuli Chana, Moong and White Pea slipped for the week ended 17th October, due to Government intervention that comes amid a rise in retail prices of pulses over a fortnight.
Government has taken several steps in cooling off rising prices by giving import quota, releasing buffer stock at subsidised rate to the states for retail sale and selling old procured stock to the mills for processing, packaging and supply of processed pulses under PDS.
Weekly Highlights
# DGFT Notifies 4 Lk MT of Tur Import Quota Until 15th Nov 2020.
# AIDMA Seeks Extension in Import Duration of Tur.
# M.P Govt To Provide Chana Seeds At 50% Subsidy to Farmers for Sowing.
# Five States To Procure 1 Lakh Tonnes of Tur From Buffer To Check Pulse Prices.
# Govt To Offer Urad, Tur at Subsidised Rates To States For Retail Sale.
Burma Lemon Tur:
Tur Lemon variety of Burma-origin new slipped by Rs 700/100kg to Rs 7,100/100Kg, in Mumbai, on cautious buying from millers due slow activity at the demand and sale counters of processed Tur.
In forward trade, commodity traded to Rs 6,750 for mid-November delivery.
Similarly, domestic variety Tur traded lower by Rs 500 to Rs 7,800-7,850/100Kg at benchmark market Akola.
Sentiments are still pressurized as DGFT has allotted quota for import of 4 Lakh MTs of Tur until 15th Nov 2020. Hardly some quantity of the quota can be imported during this time frame.
Cheaper supplies around 1-1.5 Lakh tonnes from Africa (Matwara/Arusha) and also some quantity supply expected from Burma before deadline.
Tanzania origin Matwara variety Tur priced at $665 per ton in containers and Arusha variety at $755/ton on CNF basis Nhava sheva port.
As per Burma based trader, new Tur Lemon variety extended gains for the second straight day in a row amid improved buying from India. Another 70-80 containers of New Tur Lemon was traded, for India, at $765 per metric ton on FOB basis. Meanwhile, buyers from India were still active.
As per local trader, two direct vessels for India were reported next week. On vessel is expected on 6th November.
Total 28,446 MT imported Tur arrived at Nhava Sheva port in September month. Mozambique origin: 27546 MT and Sudan origin: 900 MT.
Tur that arrived from Mozambique was already sold to Madhya Pradesh/Uttar Pradesh and Southern markets. Ready stock availability is low.
Government agency is selling old raw Tur to the mills for processing, packaging and supply of processed Tur under PDS.
Overall tur prices are likely to get support at lower rates, as arrival of new domestic crop are still two months away. Reports of crop damage and delay in arrivals in Karnataka and Maharashtra, amid rains, underpin the pulses.
Tur ( Prices In Rs /100Kg )
|
Market
|
Variety
|
17-Oct-20
|
10-Oct-20
|
03-Oct-20
|
17-Oct-19
|
Mumbai
|
Lemon
|
7100
|
7600-7800
|
6800-7000
|
5050
|
Akola
|
Desi Bilty
|
7800-7850
|
8325-8350
|
7800-7850
|
5750-5775
|
Gulbarga
|
Desi
|
NA
|
8500-8700
|
NA
|
5475-5575
|
|
|
|
|
|
|
Tur Dal ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
17-Oct-20
|
10-Oct-20
|
03-Oct-20
|
17-Oct-19
|
Akola
|
Phatka
|
10500-10700
|
11400-11500
|
10400-10600
|
7900-8100
|
Gulbarga
|
Phatka
|
NA
|
11200-11600
|
NA
|
7800
|
Katni
|
Phatka
|
10600-10700
|
11600-11700
|
10500-10600
|
8200-8300
|
Burma Urad:
Price of Burma Urad FAQ new variety declined Rs 500 to Rs 7,800/100Kg, in Mumbai, due to slack millers' trade at higher rates, ongoing domestic arrivals and slow offtake in processed Urad. Papad making units were also less interested in purchasing at prevailing rates.
Similarly in Chennai, Burma Urad FAQ-SQ varieties also fell each Rs 500 at Rs 7,850/100Kg and Rs 9,000-9,050 respectively.
Sentiments are still under pressure as the government agencies have commenced liquidating old procured stock. The Centre offered ‘Urad’ from the buffer stock to the states at a subsidized rate for retail sale, in order to check rising prices of pulses.
Moreover, DGFT allocated import quota for the current FY up to March 2021. As per the notification each eligible and verified importer shall be allowed to import 97 MTs, approximately.
However, arrivals of superior quality Urad are less as compared to average/damaged quality. Hence, millers were facing difficulty in getting good quality Urad for crushing.
As per Burma based local trader, meanwhile, no buyers from India were active in purchasing Urad.
As per market view, prices are likely to get support due to no overseas supply pressure, damage to yield and quality of domestic Urad, limited carry over stock with government/private traders.
Urad ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
17-Oct-20
|
10-Oct-20
|
03-Oct-20
|
17-Oct-19
|
Mumbai FAQ
|
FAQ
|
7800
|
8200
|
7450
|
6300
|
Chennai
|
FAQ
|
7850
|
8300-8350
|
7500
|
6400-6450
|
Chennai
|
SQ
|
9000-9050
|
9500-9550
|
8600
|
7300
|
Jalgaon
|
Desi
|
NA
|
7450-8000
|
7150-7400
|
5900-6200
|
|
|
|
|
|
|
Urad Dal ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
17-Oct-20
|
10-Oct-20
|
03-Oct-20
|
17-Oct-19
|
Mumbai
|
|
10300-10800
|
10400-11000
|
10000-10400
|
NA
|
Chana Kantewala (Indore):
Chana prices traded lower by Rs 150 to Rs 5,325-5,350/100Kg in Indore, on thin mill buying at prevailing rates. Demand in chana dal and besan was reported from consumption centres.
Chana stocks are tighter, but the millers are stocked enough and will only be encouraged with demand in dals.
However, NAFED has suspended all Chana sell auctions till further notice.
In Mumbai, Tanzania-origin Chana ruled weak by Rs 150 at Rs 5,250/100Kg, due to supplies from its origin.
Similarly, Sudan and Russia-origin Kabuli Chickpea fell Rs 50, each, at Rs 5,550 and Rs 5,450, respectively.
Tanzania-origin Chana was quoted at $700 per ton in containers on CNF basis. But, there is disparity.
Russia-origin Kabuli Chickpea is priced at $500-$510 per ton in containers. However, crop is reported to be lower by 30-40%.
Sudan-origin Kabuli Chickpea priced at $730-$735 per ton in containers. Meanwhile, there are offers.
As per market talk, Chana prices are likely be underpinned at lower rates due to demand hopes of increased consumption amid festive season. Negligible overseas supplies of White Pea will likely support Chana prices further. However supply of Kabuli Chickpea has been witnessed, but parity is higher.
Demand of seeds for sowing is expected to rise as rabi sowing begins soon. As per market sources, sowing has begun in some places of Andhra Pradesh.
Chana ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
17-Oct-20
|
10-Oct-20
|
03-Oct-20
|
17-Oct-19
|
Mumbai
|
Australia
|
NA
|
NA
|
NA
|
4325
|
|
Tanzania
|
5250
|
5400
|
5400
|
4350
|
|
Burma
|
NA
|
NA
|
NA
|
4275
|
Indore
|
Katewala
|
5325-5350
|
5500-5525
|
5400-5450
|
4425-4450
|
Delhi
|
Rajasthan origin
|
5425
|
5625
|
5425-5450
|
4600
|
Akola
|
|
5500-5525
|
5525-5550
|
5525-5550
|
4525-4550
|
Bikaner
|
|
5250-5275
|
5400
|
5300
|
4350-4375
|
|
|
|
|
|
|
Chana Dal ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
17-Oct-20
|
10-Oct-20
|
03-Oct-20
|
17-Oct-19
|
Akola
|
|
6500-7200
|
6500-7200
|
6500-7000
|
5200-5800
|
Indore
|
|
6500-7000
|
6500-7000
|
6500-7000
|
NA
|
Jaipur
|
|
6350
|
6500
|
6350
|
5550
|
|
|
|
|
|
|
Chana Besan ( Prices In Rs / 50Kg )
|
Market
|
Variety
|
17-Oct-20
|
10-Oct-20
|
03-Oct-20
|
17-Oct-19
|
Mumbai
|
|
3850
|
3850
|
3800
|
NA
|
|
|
|
|
|
|
Kabuli Chana ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
17-Oct-20
|
10-Oct-20
|
03-Oct-20
|
17-Oct-19
|
Indore
|
40-42
|
NA
|
NA
|
NA
|
6100
|
|
42-44
|
NA
|
7550
|
7500
|
5900
|
|
44-46
|
NA
|
7400
|
7350
|
5750
|
|
Dollar
|
NA
|
6800-7200
|
NA
|
5100-5500
|
Mumbai
|
Sudan
|
5550
|
5600
|
5550
|
4400
|
|
Ethiopia
|
NA
|
NA
|
NA
|
4300
|
|
Russia
|
5450
|
5500
|
5450
|
4300
|
|
Burma
|
NA
|
NA
|
NA
|
4400
|
Imported Masoor (Mumbai):
Canada crimson variety-origin Masoor in Mumbai widened losses by Rs 25-50 at Rs 5,231-5,300/100Kg, amid dull mill buying, While, Australia origin Masoor remained unchanged at Rs 5,400-5,425.
Availability of imported raw and processed Masoor stocks at cheaper rates, slower offtake in processed Masoor and reduced import duty has dampened the sentiments.
Similarly, Canada crimson variety Masoor at Hazira and Mundra port fell Rs 40 each, at Rs 5,231/100Kg, respectively.
As per market talk, Masoor prices are likely to get some support due to cheaper rates compared to other pulses and also hike in MSP to Rs 5,100/100Kg.
Demand of seeds for sowing is also expected as rabi sowing will begin soon.
As per market sources, Vessel M. V. Nord Bering carrying Masoor from Canada had sailed on 23rd September and is likely to reach Singapore on 21st October. It is unlikely to reach Mundra port by 31st October, however.
Vessel M.V. Equinox Agnandoussa carrying Masoor from Canada had sailed on 28th September and likely to reach Singapore on 22nd October.
However, DGFT notifies that import duty on lentils has been reduced to 10% with effect from 18th September until 31st October 2020.
Masoor ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
17-Oct-20
|
10-Oct-20
|
03-Oct-20
|
17-Oct-19
|
Mumbai
|
Canada
|
5231-5300
|
5281-5325
|
5281-5350
|
4100-4225
|
|
Australia
|
5400-5425
|
5400-5425
|
5400
|
4325
|
Mundra
|
Canada
|
5231
|
5271
|
5271
|
NA
|
Hajira
|
Canada
|
5231
|
5270
|
5281
|
NA
|
Kolkata
|
Canada
|
5300-5375
|
5350-5400
|
5350-5400
|
4450-4500
|
|
Australia
|
5450-5600
|
5550-5650
|
5550-5700
|
4600
|
Indore
|
Desi
|
5500-5550
|
5600-5650
|
5600-5650
|
4200
|
Raipur
|
Desi
|
5700-5750
|
NA
|
NA
|
4400
|
Kanpur
|
Desi
|
5825
|
5925
|
5875
|
4425
|
|
|
|
|
|
|
Masoor Dal ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
17-Oct-20
|
10-Oct-20
|
03-Oct-20
|
17-Oct-19
|
Khopoli
|
|
6400
|
6400
|
6400
|
NA
|
Katni
|
|
NA
|
NA
|
NA
|
4925-4950
|
Imported White Pea (Mumbai):
White Pea prices slipped Rs 250 at Rs 6,150/100Kg at Kanpur market on slack trade.
Moreover, unconfirmed news has been making rounds in the market, that consignments of White Pea lying at Mumbai port were released with penalty by DGFT.
On the other hand, price of White pea, besan and dal traded flat amid limited buying against shortage. Moreover, crushing of White Pea for making dal and besan by mills were less interesting, due to unavailability of White Pea. Major Mills have halted their crushing activity in White Pea.
Customs department has not released the imported pulses yet, as the release will contradict the government’s existing policy.
White Pea ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
17-Oct-20
|
10-Oct-20
|
03-Oct-20
|
17-Oct-19
|
Mumbai
|
Canada
|
NA
|
NA
|
NA
|
4900
|
Kolkata
|
Canada
|
NA
|
NA
|
NA
|
5150
|
Kanpur
|
|
6150
|
6400
|
6350
|
5250
|
|
|
|
|
|
|
White Pea besan ( Prices In Rs / 50Kg )
|
Market
|
Variety
|
17-Oct-20
|
10-Oct-20
|
03-Oct-20
|
17-Oct-19
|
Mumbai
|
|
3950
|
3950
|
3900
|
NA
|
|
|
|
|
|
|
White Pea Dal ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
17-Oct-20
|
10-Oct-20
|
03-Oct-20
|
17-Oct-19
|
Mumbai
|
|
7200
|
7200
|
7100
|
NA
|
Moong (Jaipur):
Moong prices declined by Rs 400 to Rs 7,400-7,600/100Kg in Jaipur market of Rajasthan, as per quality, amid thin mill buying as demand and sale counters in processed Moong reported limited participation.
Moreover, regular arrivals of new Kharif Moong are going on at major producing centers.
Buyers are interested in good quality supplies, for immediate processing requirement.
Meanwhile rains during harvesting period of Moong, at the producing centres, have damaged crop, and quality. Yield is affected, as well. Moreover, crop is reportedly damaged due to Yellow Mozaic disease and locust attacks in Rajasthan. However, higher kharif output in the country has been reported this year, with record production estimates.
Government procurement of new Kharif Moong, at MSP, is negligible.
Farmers continue to be in possession of the stock and eagerly wait for government agencies to commence procurement. Arrivals and supplies stocked in godowns, meanwhile, are enough to offset current requirements.
As per market talk, Moong prices will depend on government procurement quantity at MSP.
Moong ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
17-Oct-20
|
10-Oct-20
|
03-Oct-20
|
17-Oct-19
|
Jaipur
|
Kharif
|
7400-7600
|
7800-7900
|
7500-7600
|
6200-6600
|
Harda
|
Summer
|
NA
|
NA
|
NA
|
5700-6300
|
|
|
|
|
|
|
Moong Dal ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
17-Oct-20
|
10-Oct-20
|
03-Oct-20
|
17-Oct-19
|
Jaipur
|
|
8200-8300
|
8600-8700
|
8200-8300
|
7800-7900
|
Gulbarga
|
|
NA
|
9100-9200
|
NA
|
8400-8500
|
Akola
|
|
NA
|
NA
|
NA
|
7300-7800
|
Nafed Procured Moong As On 14 Oct, 2020
|
State
|
MT
|
Tamil Nadu
|
46.35
|
Haryana
|
523.93
|
Maharashtra
|
116.01
|
Total
|
686.29
|
Weekly: Major Pulses Plunge This Week On Govt Intervention
MUMBAI (Commodities control) – Tur, Urad, Chana, Kabuli Chana, Moong and White Pea slipped for the week ended 17th October, due to Government intervention that comes amid a rise in retail prices of pulses over a fortnight.
Government has taken several steps in cooling off rising prices by giving import quota, releasing buffer stock at subsidised rate to the states for retail sale and selling old procured stock to the mills for processing, packaging and supply of processed pulses under PDS.
Weekly Highlights
# DGFT Notifies 4 Lk MT of Tur Import Quota Until 15th Nov 2020.
# AIDMA Seeks Extension in Import Duration of Tur.
# M.P Govt To Provide Chana Seeds At 50% Subsidy to Farmers for Sowing.
# Five States To Procure 1 Lakh Tonnes of Tur From Buffer To Check Pulse Prices.
# Govt To Offer Urad, Tur at Subsidised Rates To States For Retail Sale.
Burma Lemon Tur:
Tur Lemon variety of Burma-origin new slipped by Rs 700/100kg to Rs 7,100/100Kg, in Mumbai, on cautious buying from millers due slow activity at the demand and sale counters of processed Tur.
In forward trade, commodity traded to Rs 6,750 for mid-November delivery.
Similarly, domestic variety Tur traded lower by Rs 500 to Rs 7,800-7,850/100Kg at benchmark market Akola.
Sentiments are still pressurized as DGFT has allotted quota for import of 4 Lakh MTs of Tur until 15th Nov 2020. Hardly some quantity of the quota can be imported during this time frame.
Cheaper supplies around 1-1.5 Lakh tonnes from Africa (Matwara/Arusha) and also some quantity supply expected from Burma before deadline.
Tanzania origin Matwara variety Tur priced at $665 per ton in containers and Arusha variety at $755/ton on CNF basis Nhava sheva port.
As per Burma based trader, new Tur Lemon variety extended gains for the second straight day in a row amid improved buying from India. Another 70-80 containers of New Tur Lemon was traded, for India, at $765 per metric ton on FOB basis. Meanwhile, buyers from India were still active.
As per local trader, two direct vessels for India were reported next week. On vessel is expected on 6th November.
Total 28,446 MT imported Tur arrived at Nhava Sheva port in September month. Mozambique origin: 27546 MT and Sudan origin: 900 MT.
Tur that arrived from Mozambique was already sold to Madhya Pradesh/Uttar Pradesh and Southern markets. Ready stock availability is low.
Government agency is selling old raw Tur to the mills for processing, packaging and supply of processed Tur under PDS.
Overall tur prices are likely to get support at lower rates, as arrival of new domestic crop are still two months away. Reports of crop damage and delay in arrivals in Karnataka and Maharashtra, amid rains, underpin the pulses.
Tur ( Prices In Rs /100Kg )
|
Market
|
Variety
|
17-Oct-20
|
10-Oct-20
|
03-Oct-20
|
17-Oct-19
|
Mumbai
|
Lemon
|
7100
|
7600-7800
|
6800-7000
|
5050
|
Akola
|
Desi Bilty
|
7800-7850
|
8325-8350
|
7800-7850
|
5750-5775
|
Gulbarga
|
Desi
|
NA
|
8500-8700
|
NA
|
5475-5575
|
|
|
|
|
|
|
Tur Dal ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
17-Oct-20
|
10-Oct-20
|
03-Oct-20
|
17-Oct-19
|
Akola
|
Phatka
|
10500-10700
|
11400-11500
|
10400-10600
|
7900-8100
|
Gulbarga
|
Phatka
|
NA
|
11200-11600
|
NA
|
7800
|
Katni
|
Phatka
|
10600-10700
|
11600-11700
|
10500-10600
|
8200-8300
|
Burma Urad:
Price of Burma Urad FAQ new variety declined Rs 500 to Rs 7,800/100Kg, in Mumbai, due to slack millers' trade at higher rates, ongoing domestic arrivals and slow offtake in processed Urad. Papad making units were also less interested in purchasing at prevailing rates.
Similarly in Chennai, Burma Urad FAQ-SQ varieties also fell each Rs 500 at Rs 7,850/100Kg and Rs 9,000-9,050 respectively.
Sentiments are still under pressure as the government agencies have commenced liquidating old procured stock. The Centre offered ‘Urad’ from the buffer stock to the states at a subsidized rate for retail sale, in order to check rising prices of pulses.
Moreover, DGFT allocated import quota for the current FY up to March 2021. As per the notification each eligible and verified importer shall be allowed to import 97 MTs, approximately.
However, arrivals of superior quality Urad are less as compared to average/damaged quality. Hence, millers were facing difficulty in getting good quality Urad for crushing.
As per Burma based local trader, meanwhile, no buyers from India were active in purchasing Urad.
As per market view, prices are likely to get support due to no overseas supply pressure, damage to yield and quality of domestic Urad, limited carry over stock with government/private traders.
Urad ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
17-Oct-20
|
10-Oct-20
|
03-Oct-20
|
17-Oct-19
|
Mumbai FAQ
|
FAQ
|
7800
|
8200
|
7450
|
6300
|
Chennai
|
FAQ
|
7850
|
8300-8350
|
7500
|
6400-6450
|
Chennai
|
SQ
|
9000-9050
|
9500-9550
|
8600
|
7300
|
Jalgaon
|
Desi
|
NA
|
7450-8000
|
7150-7400
|
5900-6200
|
|
|
|
|
|
|
Urad Dal ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
17-Oct-20
|
10-Oct-20
|
03-Oct-20
|
17-Oct-19
|
Mumbai
|
|
10300-10800
|
10400-11000
|
10000-10400
|
NA
|
Chana Kantewala (Indore):
Chana prices traded lower by Rs 150 to Rs 5,325-5,350/100Kg in Indore, on thin mill buying at prevailing rates. Demand in chana dal and besan was reported from consumption centres.
Chana stocks are tighter, but the millers are stocked enough and will only be encouraged with demand in dals.
However, NAFED has suspended all Chana sell auctions till further notice.
In Mumbai, Tanzania-origin Chana ruled weak by Rs 150 at Rs 5,250/100Kg, due to supplies from its origin.
Similarly, Sudan and Russia-origin Kabuli Chickpea fell Rs 50, each, at Rs 5,550 and Rs 5,450, respectively.
Tanzania-origin Chana was quoted at $700 per ton in containers on CNF basis. But, there is disparity.
Russia-origin Kabuli Chickpea is priced at $500-$510 per ton in containers. However, crop is reported to be lower by 30-40%.
Sudan-origin Kabuli Chickpea priced at $730-$735 per ton in containers. Meanwhile, there are offers.
As per market talk, Chana prices are likely be underpinned at lower rates due to demand hopes of increased consumption amid festive season. Negligible overseas supplies of White Pea will likely support Chana prices further. However supply of Kabuli Chickpea has been witnessed, but parity is higher.
Demand of seeds for sowing is expected to rise as rabi sowing begins soon. As per market sources, sowing has begun in some places of Andhra Pradesh.
Chana ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
17-Oct-20
|
10-Oct-20
|
03-Oct-20
|
17-Oct-19
|
Mumbai
|
Australia
|
NA
|
NA
|
NA
|
4325
|
|
Tanzania
|
5250
|
5400
|
5400
|
4350
|
|
Burma
|
NA
|
NA
|
NA
|
4275
|
Indore
|
Katewala
|
5325-5350
|
5500-5525
|
5400-5450
|
4425-4450
|
Delhi
|
Rajasthan origin
|
5425
|
5625
|
5425-5450
|
4600
|
Akola
|
|
5500-5525
|
5525-5550
|
5525-5550
|
4525-4550
|
Bikaner
|
|
5250-5275
|
5400
|
5300
|
4350-4375
|
|
|
|
|
|
|
Chana Dal ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
17-Oct-20
|
10-Oct-20
|
03-Oct-20
|
17-Oct-19
|
Akola
|
|
6500-7200
|
6500-7200
|
6500-7000
|
5200-5800
|
Indore
|
|
6500-7000
|
6500-7000
|
6500-7000
|
NA
|
Jaipur
|
|
6350
|
6500
|
6350
|
5550
|
|
|
|
|
|
|
Chana Besan ( Prices In Rs / 50Kg )
|
Market
|
Variety
|
17-Oct-20
|
10-Oct-20
|
03-Oct-20
|
17-Oct-19
|
Mumbai
|
|
3850
|
3850
|
3800
|
NA
|
|
|
|
|
|
|
Kabuli Chana ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
17-Oct-20
|
10-Oct-20
|
03-Oct-20
|
17-Oct-19
|
Indore
|
40-42
|
NA
|
NA
|
NA
|
6100
|
|
42-44
|
NA
|
7550
|
7500
|
5900
|
|
44-46
|
NA
|
7400
|
7350
|
5750
|
|
Dollar
|
NA
|
6800-7200
|
NA
|
5100-5500
|
Mumbai
|
Sudan
|
5550
|
5600
|
5550
|
4400
|
|
Ethiopia
|
NA
|
NA
|
NA
|
4300
|
|
Russia
|
5450
|
5500
|
5450
|
4300
|
|
Burma
|
NA
|
NA
|
NA
|
4400
|
Imported Masoor (Mumbai):
Canada crimson variety-origin Masoor in Mumbai widened losses by Rs 25-50 at Rs 5,231-5,300/100Kg, amid dull mill buying, While, Australia origin Masoor remained unchanged at Rs 5,400-5,425.
Availability of imported raw and processed Masoor stocks at cheaper rates, slower offtake in processed Masoor and reduced import duty has dampened the sentiments.
Similarly, Canada crimson variety Masoor at Hazira and Mundra port fell Rs 40 each, at Rs 5,231/100Kg, respectively.
As per market talk, Masoor prices are likely to get some support due to cheaper rates compared to other pulses and also hike in MSP to Rs 5,100/100Kg.
Demand of seeds for sowing is also expected as rabi sowing will begin soon.
As per market sources, Vessel M. V. Nord Bering carrying Masoor from Canada had sailed on 23rd September and is likely to reach Singapore on 21st October. It is unlikely to reach Mundra port by 31st October, however.
Vessel M.V. Equinox Agnandoussa carrying Masoor from Canada had sailed on 28th September and likely to reach Singapore on 22nd October.
However, DGFT notifies that import duty on lentils has been reduced to 10% with effect from 18th September until 31st October 2020.
Masoor ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
17-Oct-20
|
10-Oct-20
|
03-Oct-20
|
17-Oct-19
|
Mumbai
|
Canada
|
5231-5300
|
5281-5325
|
5281-5350
|
4100-4225
|
|
Australia
|
5400-5425
|
5400-5425
|
5400
|
4325
|
Mundra
|
Canada
|
5231
|
5271
|
5271
|
NA
|
Hajira
|
Canada
|
5231
|
5270
|
5281
|
NA
|
Kolkata
|
Canada
|
5300-5375
|
5350-5400
|
5350-5400
|
4450-4500
|
|
Australia
|
5450-5600
|
5550-5650
|
5550-5700
|
4600
|
Indore
|
Desi
|
5500-5550
|
5600-5650
|
5600-5650
|
4200
|
Raipur
|
Desi
|
5700-5750
|
NA
|
NA
|
4400
|
Kanpur
|
Desi
|
5825
|
5925
|
5875
|
4425
|
|
|
|
|
|
|
Masoor Dal ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
17-Oct-20
|
10-Oct-20
|
03-Oct-20
|
17-Oct-19
|
Khopoli
|
|
6400
|
6400
|
6400
|
NA
|
Katni
|
|
NA
|
NA
|
NA
|
4925-4950
|
Imported White Pea (Mumbai):
White Pea prices slipped Rs 250 at Rs 6,150/100Kg at Kanpur market on slack trade.
Moreover, unconfirmed news has been making rounds in the market, that consignments of White Pea lying at Mumbai port were released with penalty by DGFT.
On the other hand, price of White pea, besan and dal traded flat amid limited buying against shortage. Moreover, crushing of White Pea for making dal and besan by mills were less interesting, due to unavailability of White Pea. Major Mills have halted their crushing activity in White Pea.
Customs department has not released the imported pulses yet, as the release will contradict the government’s existing policy.
White Pea ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
17-Oct-20
|
10-Oct-20
|
03-Oct-20
|
17-Oct-19
|
Mumbai
|
Canada
|
NA
|
NA
|
NA
|
4900
|
Kolkata
|
Canada
|
NA
|
NA
|
NA
|
5150
|
Kanpur
|
|
6150
|
6400
|
6350
|
5250
|
|
|
|
|
|
|
White Pea besan ( Prices In Rs / 50Kg )
|
Market
|
Variety
|
17-Oct-20
|
10-Oct-20
|
03-Oct-20
|
17-Oct-19
|
Mumbai
|
|
3950
|
3950
|
3900
|
NA
|
|
|
|
|
|
|
White Pea Dal ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
17-Oct-20
|
10-Oct-20
|
03-Oct-20
|
17-Oct-19
|
Mumbai
|
|
7200
|
7200
|
7100
|
NA
|
Moong (Jaipur):
Moong prices declined by Rs 400 to Rs 7,400-7,600/100Kg in Jaipur market of Rajasthan, as per quality, amid thin mill buying as demand and sale counters in processed Moong reported limited participation.
Moreover, regular arrivals of new Kharif Moong are going on at major producing centers.
Buyers are interested in good quality supplies, for immediate processing requirement.
Meanwhile rains during harvesting period of Moong, at the producing centres, have damaged crop, and quality. Yield is affected, as well. Moreover, crop is reportedly damaged due to Yellow Mozaic disease and locust attacks in Rajasthan. However, higher kharif output in the country has been reported this year, with record production estimates.
Government procurement of new Kharif Moong, at MSP, is negligible.
Farmers continue to be in possession of the stock and eagerly wait for government agencies to commence procurement. Arrivals and supplies stocked in godowns, meanwhile, are enough to offset current requirements.
As per market talk, Moong prices will depend on government procurement quantity at MSP.
Moong ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
17-Oct-20
|
10-Oct-20
|
03-Oct-20
|
17-Oct-19
|
Jaipur
|
Kharif
|
7400-7600
|
7800-7900
|
7500-7600
|
6200-6600
|
Harda
|
Summer
|
NA
|
NA
|
NA
|
5700-6300
|
|
|
|
|
|
|
Moong Dal ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
17-Oct-20
|
10-Oct-20
|
03-Oct-20
|
17-Oct-19
|
Jaipur
|
|
8200-8300
|
8600-8700
|
8200-8300
|
7800-7900
|
Gulbarga
|
|
NA
|
9100-9200
|
NA
|
8400-8500
|
Akola
|
|
NA
|
NA
|
NA
|
7300-7800
|
Nafed Procured Moong As On 14 Oct, 2020
|
State
|
MT
|
Tamil Nadu
|
46.35
|
Haryana
|
523.93
|
Maharashtra
|
116.01
|
Total
|
686.29
|
(By Commodities control Bureau; +91 9820130172)
(By Commodities control Bureau; +91 9820130172)
|