login_img.jpg
Login ID:
Password:
Partner Login
Contact Us : 7066511911

Weekly: Urad-Chana Post Strong Gains, While Masoor-White Pea Witness Pale Trend

25 Jan 2021 10:46 am
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 
MUMBAI (Commodities control) – Tur, Urad, Chana and Moong gained for the week ended 23rd January, 2021 amid mill buying activity. On the other hand, Masoor and White Pea prices declined due to slack millers’ trade.

Weekly Highlights

# India's Rabi pulses sowing was up by 2.61% as on January 22 to 165.34 lakh hectare vs 161.13 lakh hectare during the same period last year.
# Farmers Relief As Tur Rates Touch MSP, Lower Output Increased Prices.

Rabi Chana Sowing Up 4.19 % As On Jan 20 Vs Same Period Last Yr (LAKH HA)
State Area Sown In Lakh Hectare 2020-2021 Area Sown In Lakh Hectare 2019-2020
Rajasthan 21.24 21.38
Madhya Pradesh 25.75 27.38
Karnataka 11.75 12.26
Uttar Pradesh 5.85 5.87
Maharashtra 23.81 21.14
Andhra Pradesh 3.89 4.54
Gujarat 8.19 3.78
Chhattisgarh 4.32 4
Total 110.98 106.52
Rabi Masoor Sowing Up 2.67 % As On Jan 20 Vs Same Period Last Yr (LAKH HA)
Madhya Pradesh 5 4.82
Uttar Pradesh 6 6.03
Bihar 2.25 2.11
West Bengal 1.52 1.54
Total 16.53 16.1
Rabi Field Pea Sowing Down 2.65 % As On Jan 20 Vs Same Period Last Yr (LAKH HA)
Madhya Pradesh 2.61 2.57
Uttar Pradesh 5.28 4.63
Total 10.64 10.93
Rabi Urad Sowing Up 7.92 % As On Jan 20 Vs Same Period Last Yr (LAKH HA)
Andhra Pradesh 3.02 2.67
Tamil Nadu 2.65 2.57
Odisha 1.77 1.72
Total 7.9 7.32
Rabi Moong Sowing Down 4.86 % As On Jan 20 Vs Same Period Last Yr (LAKH HA)
Tamil Nadu 0.32 0.44
Odisha 4.59 4.6
Andhra Pradesh 0.7 0.85
Total 5.87 6.17


Burma Lemon Tur:

Tur Lemon variety of Burma-origin traded higher by Rs 150 to Rs 5,950/100Kg, in Mumbai on improved mill buying and negligible ready stock of Burma origin Tur.

On other hand, domestic variety of Tur remained unchanged at Rs 6,125-6,150/100Kg at benchmark market Akola on cautious millers trade against ongoing arrivals.

Demand and sale counters in Tur dal reported thin action due to less consumption in dal amid availability of cheaper dals. Demand in dal is likely to improve from mid of February.

Meanwhile, Nafed is actively liquidating old procured Tur stock in Maharashtra and Karnataka.

Around 101,397 MT Tur arrived from various origins at Nhava Seva port in December.

As on January 21, 2021, NAFED has successfully procured 1823.47 MT of Tur in Karnataka and Maharashtra at Minimum Support Price of Rs 6,000.

Arrivals of new Tur in domestic market continue to be below expectations. New Tur crop was expected to be lesser as compared to last year, due to fewer yields because of wilt attacks and weather concerns.

As per market view, farmers will be hesitant to liquidate their produce at lower rates in open market.

Tur ( Prices In Rs /100Kg )
Market Variety 23-Jan-21 16-Jan-21 09-Jan-21 23-Jan-20
Mumbai Lemon 5950 5800 5600 4825
Akola Desi Bilty 6125-6150 6100-6150 6000-6050 5075-5100
Gulbarga Desi 5900-6100 5800-6000 5700-5900 4600-4900
Tur Dal ( Prices In Rs / 100Kg )
Market Variety 23-Jan-21 16-Jan-21 09-Jan-21 23-Jan-20
Akola Phatka 8600-8800 8600-8800 8600-8800 7700-7900
Gulbarga Phatka 8800-9200 8600-9000 8800-9200 7600-8000
Katni Phatka 8600-8700 8600-8700 8500-8600 7500-7600


Burma Urad:

Prices of Burma Urad FAQ variety gained Rs 275 at Rs 7,525/100Kg, in Mumbai, due to better millers' trade on immediate requirement for crushing, and depleting imported stock.

Similarly, Burma Urad FAQ variety in Chennai moved higher by Rs 250 at Rs 7,600/100Kg and SQ variety rose Rs 500 to Rs 8,600.

Besides, damage to urad crops in Andhra Pradesh and Tamil Nadu has also added to the bullish trend in urad.

Moreover, demand and sale counter in processed Urad reported improved activity from wholesale and retail counters.

In Burma, Urad FAQ-SQ varieties gained on India buying support. Urad FAQ-SQ varieties been traded for India (Chennai) in the range of $750-$760 and $850_$900 per metric ton on FOB basis.

Meanwhile, charges of containers are higher due to shortage.

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

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

Urad ( Prices In Rs / 100Kg )
Market Variety 23-Jan-21 16-Jan-21 09-Jan-21 23-Jan-20
Mumbai FAQ FAQ 7525 7250 7200 6750
Chennai FAQ 7600 7350 7250 7100
Chennai SQ 8600 8050-8100 8000 7600
Jalgaon Desi 7600-8000 7375-7600 7350-7550 7000-7300
Urad Dal ( Prices In Rs / 100Kg )
Market Variety 23-Jan-21 16-Jan-21 09-Jan-21 23-Jan-20
Mumbai 9900-10900 9500-10300 10300-10400 NA


Chana Kantewala (Indore):

Chana prices moved up by Rs 150-200 at Rs 4,600-4,650/100Kg in Indore on lower level mill buying activity.

Chana futures traded firm on bargain buy at lower levels. Chana futures are to find support towards Rs 4,400/ qtl and trade towards Rs 4600-4650/Qtl by coming sessions.

Millers are currently at bare minimum stock levels and any demand in besan and dals could trigger buying in Chana.

The standing crops looks stable, backed by favourable weather in key crop regions. It has increased the probability of higher crop output this season.

Sowing is progressing well and was 4.19% higher at 110.98 lakh Ha on Jan 22 Vs 106.52 lakh Ha in the similar period last year.

Tanzania-origin Chana, in Mumbai, also gained Rs 100 at Rs 4,350/100Kg.

Similarly, Russia and Sudan-origin Kabuli Chickpea prices traded up by Rs 100-125 each, at Rs 4,450/100Kg and Rs 4,375-4,525, respectively, while dollar variety Chana ruled unchanged at Rs 5,800-6,200/100Kg in Indore.
Chana ( Prices In Rs / 100Kg )
Market Variety 23-Jan-21 16-Jan-21 09-Jan-21 23-Jan-20
Mumbai Australia NA NA NA NA
Tanzania 4350 4250-4275 4375 4150
Burma NA NA NA 3950
Indore Katewala 4600-4650 4450-4475 4675-4700 4200
Delhi Rajasthan origin 4750-4775 4625 4775 4425
Akola 4475-4500 4425-4450 4525-4550 4125-4150
Bikaner 4500-4525 4450 4525 4200
Chana Dal ( Prices In Rs / 100Kg )
Market Variety 23-Jan-21 16-Jan-21 09-Jan-21 23-Jan-20
Akola 5400-5800 5500-5800 5500-5900 5000-5500
Indore 5500-6100 5500-6000 5500-6200 NA
Jaipur 5325-5350 5250 5325-5350 NA
Chana Besan ( Prices In Rs / 50Kg )
Market Variety 23-Jan-21 16-Jan-21 09-Jan-21 23-Jan-20
Mumbai 3450 3450 3450 NA
Kabuli Chana ( Prices In Rs / 100Kg )
Market Variety 23-Jan-21 16-Jan-21 09-Jan-21 23-Jan-20
Indore 40-42 NA NA NA 6500
42-44 6500 6500 6450 6300
44-46 6350 6350 6300 6200
Dollar 5800-6200 5800-6200 6000-6400 5500-6100
Mumbai Sudan 4375-4525 4350-4400 4450 4150
Ethiopia NA NA NA 4050
Russia 4450 4375 4450 4050-4100
Burma NA NA NA 4000


Imported Masoor (Mumbai):

Canada crimson variety Masoor along with Australia Masoor in Mumbai slipped by Rs 50-100 each at Rs 5,025-5,100/100Kg and Rs 5,200, respectively as millers refrained from purchasing at prevailing rates.

Similarly, Canada crimson variety Masoor at Hajira-Mundra port are each down by Rs 100 at Rs 5,000/100kg and Rs 4,975-5,000, respectively, while at Kandla it was priced weak Rs 100 higher at Rs 4,950/100Kg.

Availability of imported stock and slow offtake in Masoor dal had kept prices under check.

Sowing is also progressing well and was 2.67% higher at 16.53 lakh Ha on Jan 22 Vs 16.1 lakh Ha in the similar period last year.

Moreover, Nafed actively liquidated its procured old Rabi Masoor in Madhya Pradesh.

However, no further overseas supply are expected due to higher parity. Tentative rates of Canada crimson variety and Australia Masoor is being offered at $600-$620 per ton in container on CNF basis.

Ready stock of Masoor in Kolkata was approximately around 1.5 lakh tonnes of Canada and 20,000 MT of Australia. Monthly consumption was nearly 30,000 tonnes.

Vessel M V LEM GERANIUM Carrying 29,350 Tonnes of Canada Masoor Arrived at Mundra Port on 12th January, 2021.

Masoor ( Prices In Rs / 100Kg )
Market Variety 23-Jan-21 16-Jan-21 09-Jan-21 23-Jan-20
Mumbai Canada 5025-5100 5075-5200 5000-5150 4975
Australia 5200 5300 5225 5025
Mundra Canada 4975-5000 5075-5100 4975 4775
Hajira Canada 5000 5075-5100 5000 4700
Kandla Canada 4950 5050 4950 NA
Kolkata Canada 4950-5100 5050-5150 5000-5100 5050
Australia 5100-5200 5200-5300 5200-5300 5100-5125
Indore Desi 5100-5150 5100 5175-5200 4900
Raipur Desi NA NA NA 5000-5025
Kanpur Desi 5350 5400 5500 5050
Masoor Dal ( Prices In Rs / 100Kg )
Market Variety 23-Jan-21 16-Jan-21 09-Jan-21 23-Jan-20
Khopoli 6150 6150 6150 NA
Katni NA NA NA 5450


Imported White Pea (Mumbai):

White Pea prices declined for second straight week by Rs 300 at Rs 6,150/100Kg at Kanpur market on cautious buying activity at higher rates despite negligible stock of imported White Pea at Mumbai-Kolkata.

Meanwhile, Rabi Field Pea Sowing was Down 2.65 % As On Jan 20 Vs Same Period Last Yr (LAKH HA).
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 23-Jan-21 16-Jan-21 09-Jan-21 23-Jan-20
Mumbai Canada No Stock 8001 7601 5600
Kolkata Canada No Stock NA 7600 5400-5675
Kanpur 6150 6450 6600 5750
White Pea besan ( Prices In Rs / 50Kg )
Market Variety 23-Jan-21 16-Jan-21 09-Jan-21 23-Jan-20
Mumbai 4300 4300 4200 NA
White Pea Dal ( Prices In Rs / 100Kg )
Market Variety 23-Jan-21 16-Jan-21 09-Jan-21 23-Jan-20
Mumbai 8000 8000 7600 NA


Moong (Jaipur):

Moong prices ruled firm by Rs 100 at Rs 7,100-7,600/100Kg at Jaipur market of Rajasthan, as per quality, amid fresh mill buying of superior quality and ongoing arrivals.

However, demand and sale counters in processed Moong reported slow participation and traded weak Rs 100 at Rs 8,100-8,200/100Kg.

As on January 21, 2021, NAFED has successfully procured 12215.05 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 23-Jan-21 16-Jan-21 09-Jan-21 23-Jan-20
Jaipur Kharif 7100-7600 7000-7500 7500-7600 NA
Harda NA 5200-8180 NA 7200-7750
Moong Dal ( Prices In Rs / 100Kg )
Market Variety 23-Jan-21 16-Jan-21 09-Jan-21 23-Jan-20
Jaipur 8100-8200 8100-8300 8300-8400 NA
Gulbarga 9300-9400 9300-9400 9400-9500 10000
Akola NA NA NA 9000-9500


(By Commodities control Bureau; +91 9820130172)

       
  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 Rated
0.0

   Post comment
Comment :

Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy.
Name :  
Email :  
   

Post Comment  

Latest Special Reports
Guntur Red Chilli (Teja) — Trending Higher / Next Res...
Statewise Area/Production of Pepper
Statewise Area/Production of Chilli
Statewise Area/Production of Dhaniya (Coriander)
Statewise Area/Production of Jeera (Cumind Seed)
more
Top 5 News
Mumbai Black Matpe (Urad) Trending Higher / Next Resis...
RBD Palm Olein (Kandla) Positive Short-term Trend / Ne...
Soybean Meal (Indore) Trending Higher / Next Resistanc...
Burma Pigeon Pea (Tur) CNF$ Lemon Positive Trend / Nex...
Weekly: ICE cotton futures post extend fall for sixth s...
Top 5 Market Commentary
ZCE Cotton And Yarn Evening Closing - 16 Apr 2024
DCE Oil Complex Evening Closing - 16 Apr 2024
Clove Prices Remain Stable in Key Markets
Domestic Pepper Prices Surge; Vietnamese Prices Decline...
Small Cardamom Prices Witness Uptick; Marginal Decline ...
Copyright © CC Commodity Info Services LLP. All rights reserved.