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Weekly: Most Pulses Moved Higher Over the Week, Barring Moong

4 Jan 2021 10:10 am
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MUMBAI (Commodities control) – Prices of major pulses, such as Tur, Urad, Chana, Kabuli Chickpea, Masoor and White Pea headed northward for the week ended 2nd January, 2021 amid fresh buying activity at lower rates. Only Moong prices eased due to slack millers’ trade.

Weekly Highlights

#India's Rabi pulses sowing were up by 4.67% as on January 1 to 154.8 lakh hectare vs 147.9 lakh hectares during the same period last year.
# India’s Exports May Decline in 2020-21 to $290 billion, Rise to $350 Bn Next FY: FIEO.

Rabi Chana Sowing Up 5.77 % As On Dec 30 Vs Same Period Last Yr (LAKH HA)
State Area Sown In Lakh Hectare 2020-2021 Area Sown In Lakh Hectare 2019-2020
Rajasthan 20.64 20.75
Madhya Pradesh 25.46 26.84
Karnataka 11.2 12.26
Uttar Pradesh 5.85 5.87
Maharashtra 22 18.03
Andhra Pradesh 3.33 4.44
Gujarat 7.83 3.43
Chhattisgarh 3.87 3.29
Total 105.83 100.06
Rabi Masoor Sowing Up 4.05 % As On Dec 30 Vs Same Period Last Yr (LAKH HA)
Madhya Pradesh 4.99 4.75
Uttar Pradesh 5.99 6.03
Bihar 2.1 1.92
West Bengal 1.5 1.48
Total 16.19 15.56
Rabi Field Pea Sowing Down 1.8 % As On Dec 30 Vs Same Period Last Yr (LAKH HA)
Madhya Pradesh 2.59 2.57
Uttar Pradesh 5.27 4.63
Total 10.39 10.58
Rabi Urad Sowing Up 8.64 % As On Dec 30 Vs Same Period Last Yr (LAKH HA)
Andhra Pradesh 2.37 2.16
Tamil Nadu 2.5 2.44
Odisha 1.27 1.12
Total 6.54 6.02
Rabi Moong Sowing Up 26.79 % As On Dec 30 Vs Same Period Last Yr (LAKH HA)
Tamil Nadu 0.3 0.43
Odisha 2.5 1.43
Andhra Pradesh 0.6 0.65
Total 3.36 2.65


Burma Lemon Tur:

Tur Lemon variety of Burma-origin traded higher by Rs 150 to Rs 5,700/100Kg, in Mumbai amid mill buying activity at lower rates on immediate requirement for crushing.

Similarly, domestic variety Tur moved up at Rs 6,050-6,100/100Kg at benchmark market Akola.

Government is yet to decide on extension on the validity of licenses for Tur import beyond December 31, 2020.

Meanwhile, some stockiest were active at prevailing rates in selected markets due to good quality arrivals. However, arrivals of new Tur in domestic market were below expectations. New Tur crop is expected to be less as compared to last year due to fewer yields.

Government procurement expected to begin in the current month at MSP of Rs 6000/100Kg will likely support Tur prices.

However, actual demand in Tur dal is reported to be thin. Sentiments are still under pressure due to availability of imported stocks at cheaper rates, ongoing new domestic arrivals and government’s active liquidation of old procured stock.

In Burma, Tur Lemon and Linkhey varieties also gained on buying enquiries from local and India at lower rates on hopes that Government will extend validity of licenses for Tur import.

Tur ( Prices In Rs /100Kg )
Market Variety 02-Jan-21 26-Dec-20 19-Dec-20 02-Jan-20
Mumbai Lemon 5700 5550-5575 5500 5050
Akola Desi Bilty 6050-6100 5700-5800 5700-5800 5325-5350
Gulbarga Desi 5700-5900 5700-5800 Closed 4800-5100
Tur Dal ( Prices In Rs / 100Kg )
Market Variety 02-Jan-21 26-Dec-20 19-Dec-20 02-Jan-20
Akola Phatka 8600-8800 8600-8800 8700-8900 8000-8100
Gulbarga Phatka 8600-9000 8800-9200 Closed 7800-8200
Katni Phatka 8500-8600 8600-8700 8700-8800 7800-8000


Burma Urad:

Prices of Burma Urad FAQ variety gained Rs 50-100 at Rs 7,050-7,100/100Kg, in Mumbai, due to selected millers' trade at lower rates and less imported stock.

Similarly, Burma Urad FAQ-SQ varieties in Chennai ruled steady-to-firm at Rs 7,250/100Kg and Rs 7,900, respectively.

However, offtake in processed Urad was dull.

Meanwhile, Nafed actively liquidated its procured old Kharif Urad in Madhya Pradesh.

Meanwhile, regular arrivals of Urad reported at Kurnool and Ongole Prakasam districts of Andhra Pradesh.

Urad arrivals are likely to begin after mid of January, 2021 at Nellore district.

Krishnur district arrivals of new Urad will begin from February end 2021.

In Burma, Urad FAQ-SQ varieties moved higher amid fresh buying enquiry at lower rates from India, Pakistan and Bangladesh.

Urad ( Prices In Rs / 100Kg )
Market Variety 02-Jan-21 26-Dec-20 19-Dec-20 02-Jan-20
Mumbai FAQ FAQ 7050-7100 7000 7050-7100 7200
Chennai FAQ 7250 7200-7250 7300 7450-7500
Chennai SQ 7900 7900 8000 8100-8150
Jalgaon Desi 7200-7550 7300-7550 7225 7250-7550
Urad Dal ( Prices In Rs / 100Kg )
Market Variety 02-Jan-21 26-Dec-20 19-Dec-20 02-Jan-20
Mumbai 9300-9800 9300-9800 9300-9800 9600-10000


Chana Kantewala (Indore):

Chana prices ruled firm by Rs 25 at Rs 4,600/100Kg in Indore on mill buying activity at lower rates on immediate requirement for crushing.

However, demand and sale counter in Chana dal-besan reported slack activity.

Moreover, Chana prices felt pressure due to ongoing rampant sowing pace and Nafed holding old procured stock.

Sowing is progressing well and was 5.77% higher at 105.83 lakh Ha on Dec 30 Vs 100.06 lakh Ha in the similar period last year, amid favourable weather conditions.

Additional 10% margin has been imposed in short sell of Chana. NCDEX Chana futures are likely to show some support at low levels.

Nafed is expected to sell Chana PSS Rabi -2020 stock from all the states at or above base prices of Rs 4,875 per qtl. Nafed reserves the right to revise the above mentioned without prior notice.

Tanzania-origin Chana, in Mumbai, remained unchanged at Rs 4,300/100Kg.

On other hand, Russia and Sudan-origin Kabuli Chickpea prices moved higher by Rs 100 each, at Rs 4,450 and Rs 4,550 respectively, while dollar variety Chana ruled steady at Rs 5,800-6,300/100Kg in Indore.

Chana ( Prices In Rs / 100Kg )
Market Variety 02-Jan-21 26-Dec-20 19-Dec-20 02-Jan-20
Mumbai Australia NA NA NA 4300
Tanzania 4300 4300 4475 4350
Burma NA NA NA 4100
Indore Katewala 4600 4550-4575 4775-4800 4500-4525
Delhi Rajasthan origin 4700 4550-4575 4800-4825 4700
Akola 4400-4425 4375-4400 4600-4625 4525-4550
Bikaner 4400 4400 4600-4625 4450
Chana Dal ( Prices In Rs / 100Kg )
Market Variety 02-Jan-21 26-Dec-20 19-Dec-20 02-Jan-20
Akola 5500-5800 5400-5800 5500-6000 5100-5600
Indore 5500-6100 5500-6200 5800-6400 NA
Jaipur 5150-5175 5150-5175 5400-5425 5200-5250
Chana Besan ( Prices In Rs / 50Kg )
Market Variety 02-Jan-21 26-Dec-20 19-Dec-20 02-Jan-20
Mumbai 3425 3425 3511 3160
Kabuli Chana ( Prices In Rs / 100Kg )
Market Variety 02-Jan-21 26-Dec-20 19-Dec-20 02-Jan-20
Indore 40-42 NA NA NA 6850
42-44 6450 6250 6550 6650
44-46 6350 6100 6400 6450
Dollar 5800-6300 6000-6300 6000-6400 5500-6200
Mumbai Sudan 4550 4450-4475 4650 4350
Ethiopia NA NA NA 4300
Russia 4450 4350-4375 4601 4250
Burma NA NA NA 4250


Imported Masoor (Mumbai):

Canada crimson variety and Australia-origin Masoor in Mumbai moved higher by Rs 200 at Rs 5,075-5,100/100Kg and Rs 5,275, respectively in Mumbai.

Similarly, Canada crimson variety Masoor at Hazira-Mundra port also gained each by Rs 200 at Rs 5,075/100kg, while at Kandla, it was priced higher by Rs 200 at Rs 5,050/100Kg.

Prices got support as import duty of Masoor from Canada is 33% and from USA 55% because no extension has been given on reduced duty import by the Government of India beyond 31st December, 2020.

Moreover, limited ready stock of domestic Masoor and arrivals of new masoor may commence after holi in Madhya Pradesh and Uttar Pradesh.

Meanwhile, availability of imported stock and thin offtake in processed Masoor will limit the gains.

Sowing is also progressing well and was 4.05% higher at 16.19 lakh Ha on Dec 30 Vs 15.56 lakh Ha in the similar period last year amid favourable weather conditions.

Vessel M V PATRICK carrying 30,520 tonnes of Australia Nipper Variety Masoor arrived at Kolkata Port on 30th December, 2020.

Vessel M V ARAGONA carrying around 24,000 MT Masoor from Canada arrived at Kolkata port and discharging its cargo. Vessel is likely to take 3-4 days more to complete its discharge.

Masoor ( Prices In Rs / 100Kg )
Market Variety 02-Jan-21 26-Dec-20 19-Dec-20 02-Jan-20
Mumbai Canada 5075-5100 4881-4975 4821-4925 5150
Australia 5275 5075 5025 5200
Mundra Canada 5075 4871-4881 4801-4811 5000
Hajira Canada 5075 4871-4881 4821 4925
Kandla Canada 5050 4825-4831 4801-4811 NA
Kolkata Canada 5000-5100 4900-5000 4900-5025 5350-5400
Australia 5200-5350 5200-5300 5100-5200 5450-5500
Indore Desi 5150-5200 4950 4900-4950 5050
Raipur Desi NA NA NA 5350-5375
Kanpur Desi 5500 5350 5400 5425
Masoor Dal ( Prices In Rs / 100Kg )
Market Variety 02-Jan-21 26-Dec-20 19-Dec-20 02-Jan-20
Khopoli 6000 6000 6000 5850-5900
Katni NA NA NA 5950


Imported White Pea (Mumbai):

Canada origin White Pea traded higher for the second straight week, by Rs 475 at Rs 7,501/100Kg in Mumbai, as per quality.

Similarly, White Pea prices gained Rs 50 at Rs 6,550/100Kg at Kanpur market on buying activity.

Moreover Rabi Field Pea Sowing is Down 1.8% As On Dec 30 Vs Same Period Last Yr (LAKH HA).

Similarly, Price of White pea, besan and dal moved up at Rs 4,100/100Kg and Rs 7,500, respectively, amid buying activity and shortage.

Moreover, crushing of White Pea for making dal and besan by mills was 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 government’s existing policy.

White Pea ( Prices In Rs / 100Kg )
Market Variety 02-Jan-21 26-Dec-20 19-Dec-20 02-Jan-20
Mumbai Canada 7501 7025 6711-6721 5525
Kolkata Canada 7500 7200 7000 5800-5900
Kanpur 6550 6500 6750 5550
White Pea besan ( Prices In Rs / 50Kg )
Market Variety 02-Jan-21 26-Dec-20 19-Dec-20 02-Jan-20
Mumbai 4100 3800 3800 4000
White Pea Dal ( Prices In Rs / 100Kg )
Market Variety 02-Jan-21 26-Dec-20 19-Dec-20 02-Jan-20
Mumbai 7500 6800 6800 6600


Moong (Jaipur):

Moong prices declined by Rs 100 at Rs 7,300-7,400/100Kg at Jaipur market of Rajasthan, as per quality, amid slack mills’ buying at higher rates and ongoing arrivals.

Moreover, demand and sale counters in processed Moong reported slow participation and traded weak Rs 100 at Rs 7,900-8,000/100Kg.

As on December 31, 2020, NAFED has successfully procured 10245.03 MT of Moong at Minimum Support Price of Rs 7,196.

Millers were processing average quality moong for government dal tender for PDS distribution. Arrivals and supplies stocked in godowns, meanwhile, are enough to offset current requirements.

The Directorate General of Foreign trade (DGFT) has allotted quota for import of 1.5 Lakh MTs of moong for the fiscal year 2020-21, until 31st March 2021.

Moong ( Prices In Rs / 100Kg )
Market Variety 02-Jan-21 26-Dec-20 19-Dec-20 02-Jan-20
Jaipur Kharif 7300-7400 7400-7500 7400 7400-7700
Harda 5200-8150 NA 5000-8250 7550-7850
Moong Dal ( Prices In Rs / 100Kg )
Market Variety 02-Jan-21 26-Dec-20 19-Dec-20 02-Jan-20
Jaipur 7900-8000 8000-8100 8000 8800-8900
Gulbarga 9200-9300 9400-9500 Closed 9800
Akola NA NA NA 7300-7800

Nafed Procured Moong As On 31 Dec, 2020
State MT
Tamil Nadu 46.35
Haryana 1099.65
Maharashtra 559.74
Rajasthan 8539.29
Total 10245.03


(By Commodities control Bureau; +91 9820130172)

       
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