MUMBAI (Commodities control) – Major pulses, such as Tur, Urad, Masoor, Moong and White Pea slipped for the week ended 6th March, 2021 amid dull mill buying activity. Meanwhile only Chana and Kabuli Chana prices extended gains this week, on better buying. Weekly Highlights # Ministry of Commerce & Industry Notifies quota of 4 Lakh tonnes for import of Urad for the period upto 31st March 2022. # Shipping Line Maersk Suspends Operations in Myanmar Next Week; Issues Customer Advisory. # Of the 306 Agricultural Produce Market Committees (APMCs) in Maharashtra, 118 have connected with e-NAM, a pan-India electronic trading portal which is a device to connect existing physical APMC mandis that can be accessed online. # 21st Century India Needs Post-Harvest & Food Processing Revolution: PM Modi. # Summer'21: IMD Forecasts 'Above Normal' Temperature Conditions for North & North-West India. # Mobile App Enhances Price Data Collection of 22 Essential Commodities: Govt. Burma Lemon Tur: Tur Lemon variety of Burma-origin declined Rs 125 to Rs 6,375/100Kg in Mumbai, due to slack mills’ buying despite less ready imported stock. Similarly, domestic variety of Tur dropped by Rs 50-75 at Rs 6,950-7,000/100Kg at benchmark market of Akola amid thin participation by the millers despite decreasing domestic arrivals. The demand in tur and tur dals was reported to be lukewarm. Tur millers have their pipelines full, but without encouraging demand sign for dal is leading to stalemate in buying activity. All India Dal Mills Association has approached the government seeking early imports of tur to stabilise prices. The crop is lower than the anticipated production due to excess rains. As per market view, Tur prices are likely to get support at lower rates as fundamentals of Tur are strong due to lower yields, less balanced old procured stock with government and import halt.
Tur ( Prices In Rs /100Kg )
Market
Variety
06-Mar-21
27-Feb-21
20-Feb-21
06-Mar-20
Mumbai
Lemon
6375
6500
6450
4800
Akola
Desi Bilty
6950-7000
7000-7075
7050-7100
5150-5200
Gulbarga
Desi
6600-6700
6700-6900
6800-6900
4800-5050
Tur Dal ( Prices In Rs / 100Kg )
Market
Variety
06-Mar-21
27-Feb-21
20-Feb-21
06-Mar-20
Akola
Phatka
9700-9900
9800-9900
9800-10000
7400-7600
Gulbarga
Phatka
9300-9700
9300-9800
9300-9800
7300-7700
Katni
Phatka
9700-9800
9800-9900
9700-9800
7500-7600
Burma Urad: Prices of Burma Urad FAQ variety widened losses by Rs 100-150 at Rs 7,300/100Kg in Mumbai, on dull mill purchase due to sluggish offtake in processed Urad. Similarly, Burma Urad FAQ variety in Chennai fell by Rs 50 at Rs 7,300/100Kg. SQ variety also declined Rs 200 at Rs 7,900-7,950 as arrivals of new domestic Urad were witnessed at Krishna district of Andhra Pradesh. Pace of arrivals are likely to increase within 10 days and may continue for two months. Crop size is expected to be around 2 lakh tons along with some carry over stock. However, average quality was reported compared to Burma Urad SQ variety. Availability of new Urad at cheaper rates compared to SQ variety and regular supply of Urad gota at cheaper rates from Madhya Pradesh has pressurised sentiments. Moreover, buyers in Chennai are still holding around 1,500 containers (36,000 tons) of imported Urad. The Indian government also announced quota of 4 Lakh tonnes for import of Urad for the period up to 31st March 2022. However, overseas supplies are not expected soon due to strike in Burma. No local and overseas trade was reported as loading-offloading activity at port has been affected due to strike. Banking transactions and port operations are likely to resume in Myanmar within one week. Maersk Myanmar of Maersk Line, the World’s largest container shipping Line Company, has issued a customer advisory regarding temporary suspension of activities during 8th-14th March 2021 citing critical situations in Myanmar. Meanwhile, sellers in Urad were inactive at lower rates due to negligible overseas supply. However, ongoing arrivals of Urad at Krishna district, limited offtake in processed Urad during summer period and upcoming supply of summer crop from April-May in Madhya Pradesh and Gujarat are likely to keep prices under check.
Urad ( Prices In Rs / 100Kg )
Market
Variety
06-Mar-21
27-Feb-21
20-Feb-21
06-Mar-20
Mumbai FAQ
FAQ
7300
7400-7450
7550
5850
Chennai
FAQ
7300
7350
7350
5900
Chennai
SQ
7900-7950
8100
8250
6300
Jalgaon
Desi
7550-8100
7550-8050
7575-8100
6300-6900
Urad Dal ( Prices In Rs / 100Kg )
Market
Variety
06-Mar-21
27-Feb-21
20-Feb-21
06-Mar-20
Mumbai
9800-11000
10900-11000
10100-11200
8200-8700
Chana Kantewala (Indore): Chana prices extended gains by Rs 100-150 at Rs 5,100-5,150/100Kg in Indore following firm cues futures and better mills’ purchase on immediate requirement for crushing. Chana futures traded firm on the back of demand from dals and besan counters. Higher spot Chana prices, but not so picky demand in dals has taken the parity for dal processing in negative zone. More demand from dal counters is needed for millers to go aggressive on buying. Unless we get back more demand from dals and besan market, we may not witness any further aggressive rise. Nafed is most likely to discontinue auctions before 10th March. Procurement by government agency and corporate-stockiest buying likely to support price further. Going forward, Chana futures are to find support towards Rs 4,850/ qtl and trade towards Rs 5,000-5,150 /Qtl by coming sessions. Similarly, Tanzania-origin Chana in Mumbai ruled higher by Rs 200 at Rs 4,700/100Kg on better millers’ trade activity due to parity compared with domestic Chana-Kabuli Chickpea. Similarly, Russia and Sudan-origin Kabuli Chickpea prices traded higher by Rs 200-300 each, at Rs 4,850-4,950/100Kg and Rs 4,500-4,800, respectively. Dollar variety Chana also moved up Rs 1,100 at Rs 7,000-7,900/100Kg in Indore. Amidst declining arrivals and poor crop report because of inclement weather and damage to the crop, dollar chana in Indore mandi gained sharply. Besides weak arrivals, strong buying support from stockists and traders has also contributed to rally in dollar chana. However, the arrival of new dollar chana is yet to pick momentum in mandis.
Chana ( Prices In Rs / 100Kg )
Market
Variety
06-Mar-21
27-Feb-21
20-Feb-21
06-Mar-20
Mumbai
Australia
NA
NA
NA
NA
Tanzania
4700
4500
4450
3850
Burma
NA
NA
NA
3800
Indore
Katewala
5100-5150
5000
4850
4000
Delhi
Rajasthan origin
5150-5175
4950
4775
4150-4175
Akola
4950-4975
4900-4925
4775-4825
3825-3850
Bikaner
4980
4750
4650
4000
Chana Dal ( Prices In Rs / 100Kg )
Market
Variety
06-Mar-21
27-Feb-21
20-Feb-21
06-Mar-20
Akola
5700-6100
5600-6000
5600-6000
4700-5100
Indore
5600-6200
5500-6000
5500-6000
4900-5000
Jaipur
5950
5700
5475-5500
4800
Chana Besan ( Prices In Rs / 50Kg )
Market
Variety
06-Mar-21
27-Feb-21
20-Feb-21
06-Mar-20
Mumbai
3400
3350
3325
2960
Kabuli Chana ( Prices In Rs / 100Kg )
Market
Variety
06-Mar-21
27-Feb-21
20-Feb-21
06-Mar-20
Indore
40-42
NA
NA
NA
6350
42-44
7350
7000
6900
6150
44-46
7200
6850
6750
6000
Dollar
7000-7900
6000-6800
6000-6500
5000-5800
Mumbai
Sudan
4500-4800
4250-4500
4200-4500
3875
Ethiopia
NA
NA
NA
3850
Russia
4850-4950
4550-4750
4550-4600
3900
Burma
NA
NA
NA
3850
Imported Masoor (Mumbai): Canada crimson variety Masoor along with Australia Masoor in Mumbai declined by Rs 25-75 each at Rs 5,450-5,600/100Kg and Rs 5,675, respectively as millers refrained from purchasing at prevailing rates and ongoing domestic arrivals. Similarly, Canada crimson variety Masoor at Hajira-Mundra port are each down by Rs 100 at Rs 5,425/100kg and Rs 5,400, respectively, while at Kandla it was priced weak by Rs 75 at Rs 5,375/100Kg. However, stock of imported Masoor has been depleting day by day. No further overseas supply are expected due to higher parity. Millers may shift to crush domestic Masoor in the coming days due to less imported stock. Imported Masoor stock in Kolkata may likely be around 60,000-70,000 tons. Canada Masoor is expected to be around 50,000 ton and Australia origin at about 10,000 tons. Stocks in Mundra are around 110,000 MT, 30,000 MT at Kandla and 40,000 MT at Hazira port. Stockiest were inactive at prevailing rates in domestic market. They may bounce back at lower range due to lesser domestic carry over stock.
Masoor ( Prices In Rs / 100Kg )
Market
Variety
06-Mar-21
27-Feb-21
20-Feb-21
06-Mar-20
Mumbai
Canada
5450-5600
5525-5600
5375-5500
4700
Australia
5675
5700
5600
4725
Mundra
Canada
5400
5500
5350
4575
Hajira
Canada
5425
5525
5375
4575
Kandla
Canada
5375
5450
5321
NA
Kolkata
Canada
5650-5700
5650-5700
5450
4750
Australia
5700-5800
5800-5900
5550-5625
4800
Indore
Desi
5400
5600
5250
4400
Raipur
Desi
NA
NA
NA
4600
Kanpur
Desi
5550
5800
5575
4700
Masoor Dal ( Prices In Rs / 100Kg )
Market
Variety
06-Mar-21
27-Feb-21
20-Feb-21
06-Mar-20
Khopoli
6600
6450
6200
5550-5600
Katni
NA
NA
NA
5075
White Pea (Kanpur): Dal quality newWhite Pea prices widened losses for third straight week by Rs 500 at Rs 4,950/100Kg at Kanpur market, due to increased new arrivals. As per Kanpur based trader, prices of White Pea is likely to get support at lower rates due to negligible carryover stock. Millers-traders will actively purchase as the pipeline is empty. Stockiest activity and bulk buying from big companies may be witnessed at lower rates in the coming days. Moreover, imported White pea stock is also negligible after India banned import of the yellow peas. 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
06-Mar-21
27-Feb-21
20-Feb-21
06-Mar-20
Mumbai
Canada
No Stock
No Stock
No Stock
5550-5600
Kolkata
Canada
No Stock
No Stock
No Stock
5450-5550
Kanpur
4950
5450
5800
4500
Moong (Jaipur): Moong prices dropped by Rs 200 at Rs 6,800-7,300/100Kg at Jaipur market of Rajasthan, as per quality, amid thin mills buying activity. Similarly, demand and sale counters in processed Moong reported slow participation and traded lower Rs 100 at Rs 8,400-8,500/100Kg. New summer Moong crop is expected to arrive from March end-April in Madhya Pradesh. Moreover, summer crop will also arrive in Gujarat from May 1st week. Arrivals of new crop will be witnessed in Andhra Pradesh and Odisha in near future. Farmers were still holding kharif crop Moong in Madhya Pradesh and Rajasthan. 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-Mar-21
27-Feb-21
20-Feb-21
06-Mar-20
Jaipur
6800-7300
7000-7500
6800-7400
7700-7800
Harda
5000-7800
NA
5000-8600
7300-7750
Moong Dal ( Prices In Rs / 100Kg )
Market
Variety
06-Mar-21
27-Feb-21
20-Feb-21
06-Mar-20
Jaipur
8400-8500
8500-8600
8500-8600
8500
Gulbarga
9300-9500
9400-9500
9400-9500
9800
Akola
NA
NA
NA
9000-9500
(By Commodities control Bureau; +91 9820130172)
Rate this story
Rated
0.0
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.