MUMBAI (Commodities control) – Major pulses, such as Urad, Chana, Moong and Masoor slipped for the week ended 30th January amid slack mill buying activity. Only Tur prices extended gains on further buying.
Weekly Highlights
# India's Rabi pulses’ sowing was up by 2.77% as on January 29 to 167.38 lakh hectare vs 162.87 lakh hectare during the same period last year.
# Above Normal Rain Likely for India, Global Agencies See Strong Start to Monsoon 2021.
# Farmers Relieved As Tur Trades Above MSP in Maharashtra, Chana Growers Worried Though.
|
Rabi Chana Sowing Up 4.37 % As On Jan 27 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
|
24.53
|
21.79
|
|
Andhra Pradesh
|
4.12
|
4.56
|
|
Gujarat
|
8.19
|
3.78
|
|
Chhattisgarh
|
4.37
|
4.11
|
|
Total
|
112
|
107.31
|
|
|
|
|
|
Rabi Masoor Sowing Up 2.54 % As On Jan 27 Vs Same Period Last Yr (LAKH HA)
|
|
Madhya Pradesh
|
5
|
4.82
|
|
Uttar Pradesh
|
6
|
6.03
|
|
Bihar
|
2.25
|
2.11
|
|
West Bengal
|
1.53
|
1.56
|
|
Total
|
16.54
|
16.13
|
|
|
|
|
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Rabi Field Pea Sowing Down 2.55 % As On Jan 27 Vs Same Period Last Yr (LAKH HA)
|
|
Madhya Pradesh
|
2.61
|
2.57
|
|
Uttar Pradesh
|
5.28
|
4.63
|
|
Total
|
10.69
|
10.97
|
|
|
|
|
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Rabi Urad Sowing Up 7.29 % As On Jan 27 Vs Same Period Last Yr (LAKH HA)
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|
Andhra Pradesh
|
3.18
|
2.76
|
|
Tamil Nadu
|
2.65
|
2.57
|
|
Odisha
|
1.77
|
1.83
|
|
Total
|
8.09
|
7.54
|
|
|
|
|
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Rabi Moong Sowing Down 1.05 % As On Jan 27 Vs Same Period Last Yr (LAKH HA)
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|
Tamil Nadu
|
0.32
|
0.44
|
|
Odisha
|
5.16
|
5.07
|
|
Andhra Pradesh
|
0.82
|
0.87
|
|
Total
|
6.59
|
6.66
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Burma Lemon Tur:
Tur Lemon variety of Burma-origin extended gains by Rs 25-50 to Rs 5,975-6,000/100Kg in Mumbai, on improved mill buying.
Similarly, domestic variety of Tur moved higher by Rs 125 at Rs 6,250-6,275/100Kg at benchmark market Akola.
However Tur dal prices are yet to witness improvement as compared with raw Tur, as demand and sale counters in Tur dal reported thin action due to less consumption in dal.
The price rally is mainly stockists’-driven, as they are accumulating supplies in anticipation of a shortage due to lower than expected yields.
Traders and farmers attribute the crop loss to unseasonal rains. Per acre yield of the crop, which is normally in the range of 6-7 quintals, has now dipped to 3-4 quintals.
As per market sources, Nafed has stopped selling Tur from 30th January, 2021 onwards. Nafed holding Tur stock around 1,34,500 MT as on 7th January.
Government procurement of tur is likely to receive poor response as farmers prefer to offload their produce in open markets than at the government procurement centers.
Farmers are holding on to their produce in hope of better realisation in open markets.
Market participants are still in anticipation of rising arrivals in Vidarbha (Maharashtra) from February 1st week.
Prices may get further support if arrivals’ pace does not pick up in coming days.
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Tur ( Prices In Rs /100Kg )
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|
Market
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Variety
|
30-Jan-21
|
23-Jan-21
|
16-Jan-21
|
30-Jan-20
|
|
Mumbai
|
Lemon
|
5975-6000
|
5950
|
5800
|
4850
|
|
Akola
|
Desi Bilty
|
6250-6275
|
6125-6150
|
6100-6150
|
4975-5000
|
|
Gulbarga
|
Desi
|
5900-6200
|
5900-6100
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5800-6000
|
4600-4900
|
|
|
|
|
|
|
|
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Tur Dal ( Prices In Rs / 100Kg )
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|
Market
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Variety
|
30-Jan-21
|
23-Jan-21
|
16-Jan-21
|
30-Jan-20
|
|
Akola
|
Phatka
|
8600-8700
|
8600-8800
|
8600-8800
|
7600-7700
|
|
Gulbarga
|
Phatka
|
8700-9100
|
8800-9200
|
8600-9000
|
7400-7800
|
|
Katni
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Phatka
|
8700-8800
|
8600-8700
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8600-8700
|
7500-7600
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Burma Urad:
Prices of Burma Urad FAQ variety remained steady at Rs 7,525/100Kg in Mumbai, due to limited millers' trade activity against less imported stock.
On other hand, Burma Urad FAQ-SQ varieties in Chennai fell each by Rs 150 at Rs 7,450/100Kg and Rs 8,450, respectively. Ready stock of Urad in Chennai was around 12,000-15,000 MT.
Moreover, demand and sale counter in processed Urad was slack at higher rates from wholesale and retail counters.
In Burma, Urad FAQ-SQ varieties ruled weak due to slack trade activity from local and overseas. India buyers interested to purchase at lower rates.
Meanwhile, charges of containers are higher due to shortage.
Ongoing 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.
However damage to urad crops in Andhra Pradesh-Tamil Nadu and no overseas supply pressure is likely to support Urad prices in near future.
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Urad ( Prices In Rs / 100Kg )
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|
Market
|
Variety
|
30-Jan-21
|
23-Jan-21
|
16-Jan-21
|
30-Jan-20
|
|
Mumbai FAQ
|
FAQ
|
7525
|
7525
|
7250
|
7000
|
|
Chennai
|
FAQ
|
7450
|
7600
|
7350
|
7200
|
|
Chennai
|
SQ
|
8450
|
8600
|
8050-8100
|
7900-7950
|
|
Jalgaon
|
Desi
|
7600-8050
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7600-8000
|
7375-7600
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6975-7450
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|
|
|
|
|
|
|
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Urad Dal ( Prices In Rs / 100Kg )
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|
Market
|
Variety
|
30-Jan-21
|
23-Jan-21
|
16-Jan-21
|
30-Jan-20
|
|
Mumbai
|
|
9900-10900
|
9900-10900
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9500-10300
|
9300-9800
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Chana Kantewala (Indore):
Chana prices ruled weak by Rs 50 at Rs 4,600/100Kg in Indore on thin mills’ buying activity.
Chana dal and besan demand is quite dull to create any movement from current price levels. Lack of seasonal demand due to pandemic is the prime season.
Moreover, standing crops look stable, backed by weather in key crop regions. It has increased the probability of higher crop output this season.
Chana growers are concerned as the pulse continues to trade below its MSP of Rs 5,100/100Kg.
Arrivals have already started; the pulse is now trading at Rs 4,400/100Kg as against its MSP of Rs 5,100/100Kg.
Government needs to speed up its plans for chana procurement, otherwise the farmers will not be able to realise MSP for their produce.
Nafed sees to sell its Chana stocks. As per market sources, Nafed is holding Chana stocks of around 13,10,421 MT, as on 7th January.
Tanzania-origin Chana, in Mumbai, slipped Rs 125 at Rs 4,225/100Kg.
Similarly, Russia and Sudan-origin Kabuli Chickpea prices traded lower by Rs 100-125 each, at Rs 4,350-4,375/100Kg and Rs 4,250-4,450, respectively, while dollar variety Chana ruled unchanged at Rs 5,800-6,200/100Kg in Indore.
With good crop conditions, approaching arrivals season and reduced demand, Chana prices are likely to be under pressure.
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Chana ( Prices In Rs / 100Kg )
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|
Market
|
Variety
|
30-Jan-21
|
23-Jan-21
|
16-Jan-21
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30-Jan-20
|
|
Mumbai
|
Australia
|
NA
|
NA
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NA
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NA
|
|
|
Tanzania
|
4225
|
4350
|
4250-4275
|
4050-4100
|
|
|
Burma
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NA
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NA
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NA
|
3900
|
|
Indore
|
Katewala
|
4600
|
4600-4650
|
4450-4475
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4100-4125
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|
Delhi
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Rajasthan origin
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4675
|
4750-4775
|
4625
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4300
|
|
Akola
|
|
4425-4450
|
4475-4500
|
4425-4450
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4050-4075
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|
Bikaner
|
|
4500
|
4500-4525
|
4450
|
4075
|
|
|
|
|
|
|
|
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Chana Dal ( Prices In Rs / 100Kg )
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|
Market
|
Variety
|
30-Jan-21
|
23-Jan-21
|
16-Jan-21
|
30-Jan-20
|
|
Akola
|
|
5500-5800
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5400-5800
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5500-5800
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4800-5400
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|
Indore
|
|
5500-5900
|
5500-6100
|
5500-6000
|
NA
|
|
Jaipur
|
|
5250
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5325-5350
|
5250
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NA
|
|
|
|
|
|
|
|
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Chana Besan ( Prices In Rs / 50Kg )
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|
Market
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Variety
|
30-Jan-21
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23-Jan-21
|
16-Jan-21
|
30-Jan-20
|
|
Mumbai
|
|
3400
|
3450
|
3450
|
3040
|
|
|
|
|
|
|
|
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Kabuli Chana ( Prices In Rs / 100Kg )
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|
Market
|
Variety
|
30-Jan-21
|
23-Jan-21
|
16-Jan-21
|
30-Jan-20
|
|
Indore
|
40-42
|
NA
|
NA
|
NA
|
6400
|
|
|
42-44
|
6600
|
6500
|
6500
|
6200
|
|
|
44-46
|
6450
|
6350
|
6350
|
6100
|
|
|
Dollar
|
5800-6200
|
5800-6200
|
5800-6200
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5500-6000
|
|
Mumbai
|
Sudan
|
4250-4450
|
4375-4525
|
4350-4400
|
4100
|
|
|
Ethiopia
|
NA
|
NA
|
NA
|
4000
|
|
|
Russia
|
4350-4375
|
4450
|
4375
|
4050
|
|
|
Burma
|
NA
|
NA
|
NA
|
3950
|
Imported Masoor (Mumbai):
Canada crimson variety Masoor along with Australia Masoor in Mumbai widened losses by Rs 25-75 each at Rs 4,950-5,075/100Kg and Rs 5,175, respectively as millers refrained from purchasing at prevailing rates.
Similarly, Canada crimson variety Masoor at Hajira-Mundra port are each down by Rs 50-75 at Rs 4,925/100kg, respectively, while at Kandla it was priced lower by Rs 75 at Rs 4,875/100Kg.
Availability of imported stocks, rise in sowing area this year and slow offtake in Masoor dal will keep prices under pressure.
Hike in minimum support prices of Masoor from Rs 4.800/100Kg to Rs 5100 for 2020-21 has been the major factor behind improved sowing in the key producing states.
Arrivals of new Masoor witnessed at Pachore, Mandsaur and Pratapgarh market.
Given further rise in the arrival of new crop, Masoor may witness drop in its prices.
However, no overseas supplies are expected hereon, due to higher parity as import duty is revised back to 30 per cent from 10 per cent.
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Masoor ( Prices In Rs / 100Kg )
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|
Market
|
Variety
|
30-Jan-21
|
23-Jan-21
|
16-Jan-21
|
30-Jan-20
|
|
Mumbai
|
Canada
|
4950-5075
|
5025-5100
|
5075-5200
|
4950
|
|
|
Australia
|
5175
|
5200
|
5300
|
5000
|
|
Mundra
|
Canada
|
4925
|
4975-5000
|
5075-5100
|
4700
|
|
Hajira
|
Canada
|
4925
|
5000
|
5075-5100
|
4650
|
|
Kandla
|
Canada
|
4875
|
4950
|
5050
|
NA
|
|
Kolkata
|
Canada
|
4900-5050
|
4950-5100
|
5050-5150
|
4950-5000
|
|
|
Australia
|
5050-5150
|
5100-5200
|
5200-5300
|
5000-5025
|
|
Indore
|
Desi
|
4950
|
5100-5150
|
5100
|
4800-4850
|
|
Raipur
|
Desi
|
NA
|
NA
|
NA
|
4800-4850
|
|
Kanpur
|
Desi
|
5100
|
5350
|
5400
|
4900
|
|
|
|
|
|
|
|
|
Masoor Dal ( Prices In Rs / 100Kg )
|
|
Market
|
Variety
|
30-Jan-21
|
23-Jan-21
|
16-Jan-21
|
30-Jan-20
|
|
Khopoli
|
|
6150
|
6150
|
6150
|
5750-5800
|
|
Katni
|
|
NA
|
NA
|
NA
|
5450
|
Moong (Jaipur):
Moong prices remained weak at Rs 6,800-7,100/100Kg at Jaipur market of Rajasthan, as per quality, amid slack mills’ buying and ongoing arrivals.
Moreover, demand and sale counters in processed Moong reported slow participation and traded weak at Rs 7,700-7,800/100Kg.
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
|
30-Jan-21
|
23-Jan-21
|
16-Jan-21
|
30-Jan-20
|
|
Jaipur
|
Kharif
|
6800-7100
|
7100-7600
|
7000-7500
|
NA
|
|
Harda
|
|
5200-8150
|
NA
|
5200-8180
|
NA
|
|
|
|
|
|
|
|
|
Moong Dal ( Prices In Rs / 100Kg )
|
|
Market
|
Variety
|
30-Jan-21
|
23-Jan-21
|
16-Jan-21
|
30-Jan-20
|
|
Jaipur
|
|
7700-7800
|
8100-8200
|
8100-8300
|
NA
|
|
Gulbarga
|
|
9300-9400
|
9300-9400
|
9300-9400
|
10000
|
|
Akola
|
|
NA
|
NA
|
NA
|
9000-9500
|
(By Commodities control Bureau; +91 9820130172)
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