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
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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.
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Tur ( Prices In Rs /100Kg )
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|
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.
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Urad ( Prices In Rs / 100Kg )
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Market
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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.
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Chana ( Prices In Rs / 100Kg )
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|
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.
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Masoor ( Prices In Rs / 100Kg )
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|
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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