MUMBAI (Commodities control) – Tur, Urad, Chana and Kabuli Chana remained weak for the week ended 7thNovember, due to dull trade activity from traders/millers. Mean while, White Pea traded firm on selected purchases. On the other hand, Moong prices were nearly unchanged on limited trade activity, while Masoor traded mixed amid thin trade volume. Weekly Highlights # India's Rabi pulses sowing were up by 46.95% as on November 6, to 36.43 lakh hectare vs 24.79 lakh hectares during the same period last year. # Canada Masoor exports zoomed 304% higher during October at 349,623 MT as compared with September at 86,583 MT. Meanwhile the lentil shipments for the marketing year totalled 436,206 MT, compared to 387,301 during the last marketing year. In October, India was the top destination buying 116,671 MT, while Turkey stood second receiving 109,270 MT. It was followed by the United Arab Emirates that bought 41,361 MT. # Masoor exports from Australia during the marketing year , so far, has shot up 86% to 637,397 MT. Meanwhile, the data reveals that monthly exports of lentils have risen over 40% at 32,707 metric tons (MT) in October. Meanwhile India was the top importer of Australian lentils, receiving 8,654 MT. Sri Lanka was the second most important buyer taking 7,005 MT, followed by Bangladesh at 6,246 MT. # All India Dal Mills Association-- National body of the pulse and pulse seeds traders in the country, has demanded abolition of the Factory Act and exemption in the Labour act to promote and give a boost to pulse and other small industries in the country. # India's merchandise exports fell 5.4% in October from a year ago to $24.82 billion, while imports contracted 11.56% to $33.6 billion, preliminary data released by the government. Exports had grown 5.27% to $27.40 billion in the previous month, the data showed.
Rabi Chana Sowing Up 43.6 % As On Nov 4 Vs Same Period Last Yr (LAKH HA)
State
Area Sown In Lakh Hectare 2020-2021
Area Sown In Lakh Hectare 2019-2020
Rajasthan
10.12
6.94
Madhya Pradesh
7.99
1.53
Karnataka
2.58
4.61
Uttar Pradesh
2.34
1.79
Maharashtra
0.4
0.22
Andhra Pradesh
0.98
1.61
Total
25.1
17.48
Rabi Masoor Sowing Up 88.78 % As On Nov 4 Vs Same Period Last Yr (LAKH HA)
Madhya Pradesh
1.43
0.15
Uttar Pradesh
1.93
1.52
Total
3.7
1.96
Rabi Field Pea Sowing Up 101.41 % As On Nov 4 Vs Same Period Last Yr (LAKH HA)
Madhya Pradesh
0.8
0.17
Uttar Pradesh
1.77
1.07
Total
2.86
1.42
Rabi Urad Sowing Down 1.08 % As On Nov 4 Vs Same Period Last Yr (LAKH HA)
Andhra Pradesh
0.22
0.17
Tamil Nadu
0.58
0.7
Total
0.92
0.93
Rabi Moong Sowing Down 45 % As On Nov 4 Vs Same Period Last Yr (LAKH HA)
Tamil Nadu
0.08
0.16
Total
0.11
0.2
Burma Lemon Tur: Tur Lemon variety of Burma-origin new slipped for fourth straight week by Rs 300/100kg to Rs 6,200/100Kg, in Mumbai, as Nafed offloads kharif 2019 stock at Rs 6,300/100Kg and above. In forward trade, commodity was quoted weak to Rs 5,950 for November delivery. Similarly, domestic variety Tur traded lower by Rs 400 to Rs 6,450-6,500/100Kg at benchmark market Akola. Timing of both decisions i.e, import quota for the millers and keeping the window open till 31st Dec along with Nafed opening tenders for selling stocks has created negative sentiments amid oversupply. On top of it, Piyush Goyal tweeted that GOI has taken a call to sell off 2 Lakh MT of tur stocks over next two weeks in open market tenders. Nafed has commenced state wise sale of 187,899 MT Tur, through NeML in Maharashtra, Karnataka, Gujarat, Madhya Pradesh and Tamil Nadu. Buyers are cautious, as supply of around 50,000 tonnes from Burma is expected to reach India (Chennai port) next week end. Meanwhile, regular supply from Mozambique and Sudan Tur was reported. As per market sources, fluctuation of Tur prices depend on Government agency approval of Tur tender bids in coming days. NAFED selling through tenders will determine the market direction.
Tur ( Prices In Rs /100Kg )
Market
Variety
07-Nov-20
31-Oct-20
24-Oct-20
07-Nov-19
Mumbai
Lemon
6200
6500
6900
5350
Akola
Desi Bilty
6450-6500
6850-6900
7400-7450
6000-6025
Gulbarga
Desi
6400-6500
NA
NA
5900-6000
Tur Dal ( Prices In Rs / 100Kg )
Market
Variety
07-Nov-20
31-Oct-20
24-Oct-20
07-Nov-19
Akola
Phatka
9400-9600
9900-10100
10500-10600
8600-8800
Gulbarga
Phatka
9200-9600
NA
NA
8400-8800
Katni
Phatka
9100-9200
9900-10000
10400-10500
8500-8700
Burma Urad: Price of Burma Urad FAQ new variety fell by Rs 100 at Rs 7,600/100Kg, in Mumbai, due to slack millers' trade, ongoing domestic arrivals and dull offtake in processed Urad. Similarly in Chennai, Burma Urad FAQ/SQ varietiesweakened by Rs 100-150 at Rs 7,750/100Kg and Rs 8,750, respectively. However, there's no arrival pressure of new crop yet. Arrivals of superior quality Urad is lesser as compared to average/damaged quality. Superior quality Urad traded at premium prices. As per Burma based local trader, 25-30 containers of Urad FAQ has been traded on 6th November by Indian buyers at $850 per metric ton, on FOB basis. Sentiments are still under pressure as Government has taken several steps towards cooling off the elevated prices, by giving import quota, liquidating old procured stock and releasing buffer stock at subsidised rate to the states for retail sale. As per the notification each eligible and verified importer shall be allowed to import 97 MTs approximately. Some millers and importers have started getting licenses from government. But, no buyers are interested to import. The government has entered a five-year MoU with Myanmar for imports of 2.5 lakh tons of urad. As per market view, prices are likely to get support due to no overseas supply pressure, damage to yield and quality of domestic Urad, limited carry over stock with government/private traders.
Urad ( Prices In Rs / 100Kg )
Market
Variety
07-Nov-20
31-Oct-20
24-Oct-20
07-Nov-19
Mumbai FAQ
FAQ
7600
7700
7800
8200
Chennai
FAQ
7750
7800-7850
7900
8450
Chennai
SQ
8750
8900
8900
9200
Jalgaon
Desi
7450-7850
7450-7875
NA
8200-8700
Urad Dal ( Prices In Rs / 100Kg )
Market
Variety
07-Nov-20
31-Oct-20
24-Oct-20
07-Nov-19
Mumbai
9800-10500
9800-10500
10300-10800
10400-10700
Chana Kantewala (Indore): Chana prices eased marginally at Rs 5,175-5,200/100Kg in Indore, amid thin mill buying, arrival of infected chana and supply of Chana/Kabuli Chickpea from overseas. However, Nafed refraining from giving away tender at lower bids in range of 5125. NAFED selling through tenders will determine the market direction going forward. Chana stocks are depleting, but the excess stocking last month and lower demand has brought the prices down. Chana dal and besan demand has, reportedly, been improving in major consumption markets. In Mumbai, Tanzania-origin Chana ruled weak by Rs 100 at Rs 5,050/100Kg, due to supplies from its origin. Similarly, Sudan and Russia-origin Kabuli Chickpea fell Rs 100, each, at Rs 5,250 and Rs 5,150, respectively.
Chana ( Prices In Rs / 100Kg )
Market
Variety
07-Nov-20
31-Oct-20
24-Oct-20
07-Nov-19
Mumbai
Australia
NA
NA
NA
4400
Tanzania
5050
5150
5200
4350
Burma
NA
NA
NA
4300
Indore
Katewala
5175-5200
5200-5225
5200
4450
Delhi
Rajasthan origin
5250-5260
5325
5250
4650
Akola
5175-5200
5325-5350
5250-5300
4600-4625
Bikaner
5100-5125
5150
5100
4450
Chana Dal ( Prices In Rs / 100Kg )
Market
Variety
07-Nov-20
31-Oct-20
24-Oct-20
07-Nov-19
Akola
6000-6800
6200-6800
6000-7000
5200-5800
Indore
6200-6600
6400-6800
6400-6800
NA
Jaipur
6125-6150
6225
6200-6225
5500
Chana Besan ( Prices In Rs / 50Kg )
Market
Variety
07-Nov-20
31-Oct-20
24-Oct-20
07-Nov-19
Mumbai
3725
3750
3750
3160
Kabuli Chana ( Prices In Rs / 100Kg )
Market
Variety
07-Nov-20
31-Oct-20
24-Oct-20
07-Nov-19
Indore
40-42
NA
NA
NA
6600
42-44
6900
7050
7050
6400
44-46
6750
6900
6900
6200
Dollar
6000-6600
6300-7000
6200-6700
5000-5800
Mumbai
Sudan
5250
5350
5400
4400
Ethiopia
NA
NA
NA
4300
Russia
5150
5250
5300
4300
Burma
NA
NA
NA
4425
Imported Masoor (Mumbai): Canada crimson variety and Australia-origin Masoor in Mumbai extended fall by Rs 25 at Rs 5,125-5,200/100Kg and Rs 5,275-5,300, respectively in Mumbai. On other hand, Canada crimson variety Masoor at Mundra and Hazira port moved up Rs 75-100 at Rs 5,125/100Kg each, respectively, on selected mill buying for immediate crushing requirement and less ready domestic stock. However, availability of imported raw and processed Masoor stocks at cheaper rates, slower offtake in processed Masoor and expectations of more imports due to extension of 10% Concessional Duty to 31st December, 2020 will limit the gains. Vessel M V NORD BERING carrying 38,000 tonnes of Canada Masoor arrived at Kakinada Port on 31st October, 2020. Vessel M V Star Crios carrying 38,000 tonnes of Masoor from Canada is likely to reach India (Mundra) on 14th Nov, 2020. As per market sources, Vessel M.V. Darya Jaya and M.V. Aragona carrying Masoor from Canada is likely to reach India.
Masoor ( Prices In Rs / 100Kg )
Market
Variety
07-Nov-20
31-Oct-20
24-Oct-20
07-Nov-19
Mumbai
Canada
5125-5200
5100-5225
5200-5275
4275-4400
Australia
5275-5300
5325
5350-5375
4425
Mundra
Canada
5125
5050
5161
NA
Hajira
Canada
5125
5100
5200
NA
Kolkata
Canada
5300-5400
5250-5350
5250-5350
4750
Australia
5500-5650
5400-5600
5450-5600
4800
Indore
Desi
5250-5300
5300
5500
4500
Raipur
Desi
5300-5350
5400-5450
5450-5500
4725-4750
Kanpur
Desi
5650
5725
5800
4725
Masoor Dal ( Prices In Rs / 100Kg )
Market
Variety
07-Nov-20
31-Oct-20
24-Oct-20
07-Nov-19
Khopoli
6350
6350
6400
5350-5400
Katni
NA
NA
NA
5300
Imported White Pea (Mumbai): White Pea prices gained for second straight week by Rs 150 to Rs 6,650/100Kg at Kanpur market on selected demand from local and outstation markets, for graded quality White Pea. Similarly, Canada origin White Pea traded firm by Rs 25 to Rs 6,225/100Kg in Mumbai, as per quality. On the other hand, price of White pea, besan and dal traded weak by Rs 50-100 at Rs 3,850/100Kg and Rs 7,000, respectively amid limited buying despite shortage. Moreover, crushing of White Pea for making dal and besan by mills was less interesting, due to unavailability of White Pea. Major Mills have halted their crushing activity in White Pea.
Market
Variety
07-Nov-20
31-Oct-20
24-Oct-20
07-Nov-19
Mumbai
Canada
6225
6200
6300
4811
Kolkata
Canada
NA
NA
NA
5100
Kanpur
6650
6500
6200
5150
White Pea besan ( Prices In Rs / 50Kg )
Market
Variety
07-Nov-20
31-Oct-20
24-Oct-20
07-Nov-19
Mumbai
3850
3900
3900
3100
White Pea Dal ( Prices In Rs / 100Kg )
Market
Variety
07-Nov-20
31-Oct-20
24-Oct-20
07-Nov-19
Mumbai
7000
7100
7100
5700
Moong (Jaipur): Moong prices were steady at Rs 7,700-7,800/100Kg in Jaipur market of Rajasthan, as per quality, amid limited mill buying, cash crunch and ongoing kharif arrivals in major producing centres. Similarly, processed Moong was unchanged at Rs 8,400-8,500/100Kg due to weak participation at demand and sale counters consumption centres. Meanwhile, Government procurement of new Kharif Moong, at MSP, is snail-paced as good quality Moong prices traded above MSP of Rs 7,196 in spot markets. Millers are interested in purchase of good quality moong for immediate requirement for crushing and polishing. Arrivals and supplies stocked in godowns, meanwhile, are enough to offset current requirements.
Moong ( Prices In Rs / 100Kg )
Market
Variety
07-Nov-20
31-Oct-20
24-Oct-20
07-Nov-19
Jaipur
Kharif
7700-7800
7700-7800
7700-7800
6700-7000
Harda
Summer
5500-8150
NA
NA
6600-7180
Moong Dal ( Prices In Rs / 100Kg )
Market
Variety
07-Nov-20
31-Oct-20
24-Oct-20
07-Nov-19
Jaipur
8400-8500
8400-8500
8600-8700
8800
Gulbarga
9100-9200
NA
NA
9100
Akola
NA
NA
NA
7500-8000
Nafed Procured Moong As On 2 Nov, 2020
State
MT
Tamil Nadu
46.35
Haryana
839.15
Maharashtra
187.58
Rajasthan
10.7
Total
1083.78
(By Commodities control Bureau; +91 9820130172)
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