MUMBAI (Commodities control) – Prices of major pulses, such as Tur, Urad, Chana, Kabuli Chickpea and Masoor headed northward for the week ended 6th February,2021 amid buying activity from millers-traders. Meanwhile, Moong prices traded almost flat on limited volume. Weekly Highlights # Finance Minister Exempts LDC Imports from Duty, AIDC. Burma Lemon Tur: Tur Lemon variety of Burma-origin continued its northward rally by Rs 400 to Rs 6,400/100Kg in Mumbai, on improved mill buying. Similarly, domestic variety of Tur continued to trade higher by Rs 500 at Rs 6,775-6,800/100Kg at benchmark market Akola. Arrivals were still below expectation during peak season due to lower than expected yields. Imports have halted. Moreover, arrivals have thinned as farmers also hesitate to sell their stocks in open market. Eyeing the trend, stockiest including corporates are buying Tur in large quantities, aiding price rise. Meanwhile, millers are actively purchasing Tur at higher prices on immediate requirement for crushing as pipeline is empty.Earlier millers were sidelined in anticipation that the prices will slow down on arrivals pressure in February. Tur dal prices are following the uptrend in raw Tur prices. As on February 4, 2021, NAFED has procured 9708.02 MT of Tur at MSP of Rs 6,000/100Kg in Karnataka, Maharashtra and Gujarat. According to our analysts, correction at higher rates cannot be ruled out. Buying opportunity likely be seen at lower rates as fundamentals of Tur is strong.
Tur ( Prices In Rs /100Kg )
Market
Variety
06-Feb-21
30-Jan-21
23-Jan-21
06-Feb-20
Mumbai
Lemon
6400
5975-6000
5950
4800
Akola
Desi Bilty
6775-6800
6250-6275
6125-6150
4975-5000
Gulbarga
Desi
6600-6700
5900-6200
5900-6100
4700-5000
Tur Dal ( Prices In Rs / 100Kg )
Market
Variety
06-Feb-21
30-Jan-21
23-Jan-21
06-Feb-20
Akola
Phatka
9700-9800
8600-8700
8600-8800
7700-7800
Gulbarga
Phatka
9000-9500
8700-9100
8800-9200
7500-7900
Katni
Phatka
9600-9700
8700-8800
8600-8700
7400-7500
Burma Urad: Prices of Burma Urad FAQ variety traded firm by Rs 75 at Rs 7,600/100Kg in Mumbai, on millers' trade on immediate requirement for crushing, less imported stock. Similarly, Burma Urad SQ-FAQ varieties in Chennai gained each by Rs 50-100 at Rs 8,500/100Kg and Rs 7,550, respectively. Moreover, demand and sale counter in processed Urad witnessed some activity from wholesale and retail counters. In Burma, sources reveal that port activity and banking transactions have resumed regular operations. Urad FAQ-SQ varieties traded for India (Chennai) are in the range of $720 and $870 per metric ton on FOB basis. As per Burma based local trader, shipments of around 600 containers (14,400 MT) of Urad is likely to load for India (Chennai) through direct vessel on 11th January. Another direct vessel is expected to set sail for India (Chennai). Meanwhile, container charges continue to run higher due to shortage. Meanwhile regular arrivals of Urad have been reported at Kurnool, Ongole Prakasam and Nellore districts of Andhra Pradesh. Damage to urad crops in Andhra Pradesh-Tamil Nadu and no overseas supply pressure is likely to support Urad prices in near future.
Urad ( Prices In Rs / 100Kg )
Market
Variety
06-Feb-21
30-Jan-21
23-Jan-21
06-Feb-20
Mumbai FAQ
FAQ
7600
7525
7525
6625-6650
Chennai
FAQ
7550
7450
7600
NA
Chennai
SQ
8500
8450
8600
7700
Jalgaon
Desi
7750-8150
7600-8050
7600-8000
6500-7000
Urad Dal ( Prices In Rs / 100Kg )
Market
Variety
06-Feb-21
30-Jan-21
23-Jan-21
06-Feb-20
Mumbai
10100-11100
9900-10900
9900-10900
9000-9500
Chana Kantewala (Indore): Chana prices moved higher by Rs 200 at Rs 4,775-4,800/100Kg in Indore following firm futures and mill buying activity as demand and sale counters in dal-besan was reported good participation The improving demand prospects due to Holi in March along with lower stocks with millers may provide positive impetus to Chana consumption. However, ongoing arrivals of Chana were witnessed in Maharashtra and Karnataka. Ministry of Agriculture & FW sanctioned procurement of Chana under price support scheme in state of M.P for Rabi 2020-2021. Nafed is making arrangements to undertake procurement operations. Tanzania-origin Chana, in Mumbai, ruled higher Rs 100 at Rs 4,300-4,325/100Kg. Russia and Sudan-origin Kabuli Chickpea prices traded each, at Rs 4,500/100Kg and Rs 4,100-4,400, respectively. Dollar variety Chana gained Rs 300 at Rs 6,000-6,500/100Kg in Indore.
Chana ( Prices In Rs / 100Kg )
Market
Variety
06-Feb-21
30-Jan-21
23-Jan-21
06-Feb-20
Mumbai
Australia
NA
NA
NA
NA
Tanzania
4300-4325
4225
4350
3950
Burma
NA
NA
NA
3750
Indore
Katewala
4775-4800
4600
4600-4650
4000
Delhi
Rajasthan origin
4750
4675
4750-4775
4200
Akola
4650-4700
4425-4450
4475-4500
3975-4000
Bikaner
4625
4500
4500-4525
4000
Chana Dal ( Prices In Rs / 100Kg )
Market
Variety
06-Feb-21
30-Jan-21
23-Jan-21
06-Feb-20
Akola
5500-5800
5500-5800
5400-5800
4800-5400
Indore
5500-6000
5500-5900
5500-6100
NA
Jaipur
5375
5250
5325-5350
NA
Chana Besan ( Prices In Rs / 50Kg )
Market
Variety
06-Feb-21
30-Jan-21
23-Jan-21
06-Feb-20
Mumbai
3400
3400
3450
3040
Kabuli Chana ( Prices In Rs / 100Kg )
Market
Variety
06-Feb-21
30-Jan-21
23-Jan-21
06-Feb-20
Indore
40-42
NA
NA
NA
6300
42-44
7050
6600
6500
6100
44-46
6900
6450
6350
5950
Dollar
6000-6500
5800-6200
5800-6200
NA
Mumbai
Sudan
4100-4400
4250-4450
4375-4525
3975
Ethiopia
NA
NA
NA
3900
Russia
4500
4350-4375
4450
3900
Burma
NA
NA
NA
3800
Imported Masoor (Mumbai): Canada crimson variety Masoor along with Australia Masoor in Mumbai gained by Rs 200-250 each at Rs 5,250-5,350/100Kg and Rs 5,450, respectively amid millers trade activity on immediate requirement for crushing against limited domestic stock. Similarly, Canada crimson variety Masoor at Hajira-Mundra port are each up by Rs 200 at Rs 5,250/100kg and Rs 5,225, respectively, while at Kandla it was priced higher by Rs 200 at Rs 5,150/100Kg. Availability of imported stocks, rise in sowing area this year and slow offtake in Masoor dal will keep prices under check. New domestic Masoor arrivals are likely to hit market soon. However, no overseas supplies are expected hereon, due to higher parity.Tentative rates of Canada crimson variety and Australia Masoor is being offered at $590-$620 per ton in container on CNF basis.
Masoor ( Prices In Rs / 100Kg )
Market
Variety
06-Feb-21
30-Jan-21
23-Jan-21
06-Feb-20
Mumbai
Canada
5250-5350
4950-5075
5025-5100
4750
Australia
5450
5175
5200
4800
Mundra
Canada
5225
4925
4975-5000
4550-4575
Hajira
Canada
5250
4925
5000
4525-4550
Kandla
Canada
5150
4875
4950
NA
Kolkata
Canada
5250
4900-5050
4950-5100
4750-4800
Australia
5350-5450
5050-5150
5100-5200
4800
Indore
Desi
5300-5350
4950
5100-5150
4600
Raipur
Desi
NA
NA
NA
4800-4825
Kanpur
Desi
5450
5100
5350
4800
Masoor Dal ( Prices In Rs / 100Kg )
Market
Variety
06-Feb-21
30-Jan-21
23-Jan-21
06-Feb-20
Khopoli
6150
6150
6150
5700
Katni
NA
NA
NA
5200
Moong (Jaipur): Moong prices remained unchanged at Rs 6,800-7,100/100Kg at Jaipur market of Rajasthan, as per quality, amid thin mills’ buying and ongoing arrivals. Moreover, demand and sale counters in processed Moong reported slow participation and traded flat 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
06-Feb-21
30-Jan-21
23-Jan-21
06-Feb-20
Jaipur
Kharif
6800-7100
6800-7100
7100-7600
7300-7500
Harda
5200-8400
5200-8150
NA
7500-7800
Moong Dal ( Prices In Rs / 100Kg )
Market
Variety
06-Feb-21
30-Jan-21
23-Jan-21
06-Feb-20
Jaipur
7700-7800
7700-7800
8100-8200
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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