MUMBAI (Commodities control) – Chana, Moong and White Pea moved higher for the week ended 13th November, amid fresh trade activities from traders/millers. Meanwhile, Urad and Masoor traded weak amid slack buying. On the other hand, Kabuli Chana prices were nearly unchanged on limited trade activity, while Tur traded mixed amid thin trade volume. Weekly Highlights # DGFT Allocates Import Quota for 1.5 Lk MT Moong Until March 2021. # India is hopeful of registering close to 28 per cent rise in production of Masoor at around 1.6 million tonnes in 2020-21 backed by a good sowing and favourable weather conditions.
Pulses Rates On CNF Basis In Burma ($ per metric tonne)
Commodity
Variety
12-Nov-20
09-Nov-20
Change
Black Matpe (Urad)
SQ
1035
1050
-15
Black Matpe (Urad)
FAQ
900
900
0
0
Pigeon Pea (Tur)
Lemon(2020)
765
770
-5
Pigeon Pea (Tur)
Lemon Old
720
720
0
Pigeon Pea (Tur)
Linkely
790
800
-10
Green Gram (Moong)
Pediseva
1100
1150
-50
Green Gram (Moong)
Pokaku
1150
1120
30
Green Gram (Moong)
Annaseva
1120
1120
0
Chickpea (Chana)
V2 Kabuli
850
850
0
Chickpea (Chana)
Hollan
850
850
0
Chickpea (Chana)
V7 Kabuli
840
840
0
Chickpea (Chana)
Mosambi
950
950
0
Burma Lemon Tur: Tur Lemon variety of Burma-origin new weakened by Rs 50/100kg to Rs 6,150/100Kg, in Mumbai, as market sources reveal that Nafed has approved tender bids of approximately 3,400 MT kharif 2019 Tur in Maharashtra on 13th November in range of Rs 6,551-6,571/100Kg. In the forward trade, commodity was quoted weak to Rs 6,000 for November delivery. Moreover, demand and sale counter in processed Tur reported thin activity as major markets were closed on the occasion of Diwali. As per Mumbai APMC market trader, delivery from mills in the range of Rs 10,800-11,200/100Kg against Diwali in forward trade is pending. On other hand, domestic variety Tur traded higher by Rs 200 to Rs 6,650-6,700/100Kg at benchmark market Akola. Resellers were sidelined; will actively sell once the price rises. Buyers are cautious as supplies of around 50,000 tons of Tur are expected to reach India (Chennai port) from Burma, along with 1.5 Lakh tons from Africa. As per market sources, fluctuation in Tur prices largely depends on Government agency’s approval of Tur tender bids in coming days.
Tur ( Prices In Rs /100Kg )
Market
Variety
13-Nov-20
07-Nov-20
31-Oct-20
13-Nov-19
Mumbai
Lemon
6150
6200
6500
5200
Akola
Desi Bilty
6650-6700
6450-6500
6850-6900
5900-5925
Gulbarga
Desi
Closed
6400-6500
NA
5700-5800
Tur Dal ( Prices In Rs / 100Kg )
Market
Variety
13-Nov-20
07-Nov-20
31-Oct-20
13-Nov-19
Akola
Phatka
9500-9700
9400-9600
9900-10100
8500-8700
Gulbarga
Phatka
Closed
9200-9600
NA
8500-8900
Katni
Phatka
9500-9600
9100-9200
9900-10000
8400-8600
Burma Urad: Price of Burma Urad FAQ new variety fell by Rs 50 at Rs 7,550/100Kg, in Mumbai, due to slack millers' trade, ongoing domestic arrivals and thin offtake in processed Uraddespite less imported stock. Mills are operating at almost 50 per cent capacity because demand has declined. Bulk purchases from hotels, eateries and for weddings halved this season. The drop in demand is very significant this season forcing processing units to cut down. On the other hand, Burma Urad FAQ/SQ varieties in Chennai traded flat at Rs 7,750/100Kg and Rs 8,750, respectively. As per Burma based trader, around 20-25 containers of Urad FAQ have been traded for India (Chennai) at $840-$845 per metric ton on FOB basis against December payment condition. Sentiments are still under pressure as Government has taken several steps towards cooling off the prices--by giving import quota, liquidating old procured stock and releasing buffer stock at subsidised rates 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 buyers aren’t interested in importing. 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
13-Nov-20
07-Nov-20
31-Oct-20
13-Nov-19
Mumbai FAQ
FAQ
7550
7600
7700
7600
Chennai
FAQ
7750
7750
7800-7850
7700
Chennai
SQ
8750
8750
8900
8650
Jalgaon
Desi
Closed
7450-7850
7450-7875
7450-8000
Urad Dal ( Prices In Rs / 100Kg )
Market
Variety
13-Nov-20
07-Nov-20
31-Oct-20
13-Nov-19
Mumbai
9800-10500
9800-10500
9800-10500
10200-10300
Chana Kantewala (Indore): Chana prices moved higher by Rs 75 at Rs 5,250-5,275/100Kg in Indore, amid mill buying activity and declining stocks with NAFED. Prices are trading firm on depleting stocks with millers and stockists amid steady rise in demand. Supply market was expecting a bargain buy from Nafed tenders but instead the agency is not letting go off the stocks at lower prices and by far have rejected all incoming bids. Chana prices are on solely dependent on Nafed tenders. Moreover, Nafed’s announcement for sale of chana From Jaipur, Indore & Ahmedabad past week has been kept on hold due to impending requirement of buffer & Other Schemes. Chana sales will continue in Maharashtra, Karnataka, and AP & Telangana. Chana dal and besan demand has, reportedly, been improving in major consumption markets. Tanzania-origin Chana, in Mumbai, gained Rs 25 at Rs 5,075/100Kg. On other hand, Sudan and Russia-origin Kabuli Chickpea was unchanged, each, at Rs 5,250 and Rs 5,150, respectively.
Chana ( Prices In Rs / 100Kg )
Market
Variety
13-Nov-20
07-Nov-20
31-Oct-20
13-Nov-19
Mumbai
Australia
NA
NA
NA
4375
Tanzania
5075
5050
5150
4351
Burma
NA
NA
NA
4300
Indore
Katewala
5250-5275
5175-5200
5200-5225
4450
Delhi
Rajasthan origin
5300-5325
5250-5260
5325
4650
Akola
5275-5300
5175-5200
5325-5350
4550-4575
Bikaner
5100
5100-5125
5150
4450
Chana Dal ( Prices In Rs / 100Kg )
Market
Variety
13-Nov-20
07-Nov-20
31-Oct-20
13-Nov-19
Akola
6200-6700
6000-6800
6200-6800
5100-5700
Indore
6300-6800
6200-6600
6400-6800
NA
Jaipur
6175-6200
6125-6150
6225
5450-5500
Chana Besan ( Prices In Rs / 50Kg )
Market
Variety
13-Nov-20
07-Nov-20
31-Oct-20
13-Nov-19
Mumbai
3775
3725
3750
3160
Kabuli Chana ( Prices In Rs / 100Kg )
Market
Variety
13-Nov-20
07-Nov-20
31-Oct-20
13-Nov-19
Indore
40-42
NA
NA
NA
6500
42-44
Closed
6900
7050
6300
44-46
Closed
6750
6900
6250
Dollar
Closed
6000-6600
6300-7000
5500-6300
Mumbai
Sudan
5251
5250
5350
4400
Ethiopia
NA
NA
NA
4325
Russia
5150
5150
5250
4300
Burma
NA
NA
NA
4400
Imported Masoor (Mumbai): Canada crimson variety and Australia-origin Masoor in Mumbai widened losses by Rs 25 at Rs 5,100-5,175/100Kg and Rs 5,275, respectively in Mumbai. Similarly, Canada crimson variety Masoor at Mundra and Hazira port also fell Rs 25 each at Rs 5,100/100kg, respectively. Moreover, 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 has dampened the sentiments. Masoor production may rise as compared to previous year due to good sowing and favourable weather conditions. 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) in near future. 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
13-Nov-20
07-Nov-20
31-Oct-20
13-Nov-19
Mumbai
Canada
5100-5175
5125-5200
5100-5225
4200-4325
Australia
5275
5275-5300
5325
4350
Mundra
Canada
5100
5125
5050
NA
Hajira
Canada
5100
5125
5100
NA
Kolkata
Canada
5250-5350
5300-5400
5250-5350
4650
Australia
5400-5600
5500-5650
5400-5600
4650
Indore
Desi
5200-5250
5250-5300
5300
4450-4500
Raipur
Desi
5300
5300-5350
5400-5450
4650
Kanpur
Desi
5725
5650
5725
4700
Masoor Dal ( Prices In Rs / 100Kg )
Market
Variety
13-Nov-20
07-Nov-20
31-Oct-20
13-Nov-19
Khopoli
6350
6350
6350
5350-5400
Katni
NA
NA
NA
5250-5275
Imported White Pea (Mumbai): White Pea prices gained for the third straight week by Rs 100 to Rs 6,750/100Kg at Kanpur market on selected demand from local and outstation markets, for graded quality White Pea. Similarly, Canada origin White Pea traded higher by Rs 275 to Rs 6,501/100Kg in Mumbai, as per quality. On the other hand, price of White pea, besan and dal remained steady 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.
White Pea ( Prices In Rs / 100Kg )
Market
Variety
13-Nov-20
07-Nov-20
31-Oct-20
13-Nov-19
Mumbai
Canada
6501
6225
6200
4751
Kolkata
Canada
6850
NA
NA
5100
Kanpur
6750
6650
6500
5050
White Pea besan ( Prices In Rs / 50Kg )
Market
Variety
13-Nov-20
07-Nov-20
31-Oct-20
13-Nov-19
Mumbai
3850
3850
3900
3100
White Pea Dal ( Prices In Rs / 100Kg )
Market
Variety
13-Nov-20
07-Nov-20
31-Oct-20
13-Nov-19
Mumbai
7000
7000
7100
5600
Moong (Jaipur): Moong prices were priced firm by Rs 100 at Rs 7,800-7,900/100Kg in Jaipur market of Rajasthan, as per quality, amid mill buying on immediate requirement for crushing. On other hand, processed Moong was unchanged at Rs 8,400-8,500/100Kg due to thin participation at demand and sale counters consumption centresas major markets closed on the occasion of Diwali. 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. 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
13-Nov-20
07-Nov-20
31-Oct-20
13-Nov-19
Jaipur
Kharif
7800-7900
7700-7800
7700-7800
6200-6500
Harda
Summer
Closed
5500-8150
NA
6400-6850
Moong Dal ( Prices In Rs / 100Kg )
Market
Variety
13-Nov-20
07-Nov-20
31-Oct-20
13-Nov-19
Jaipur
8400-8500
8400-8500
8400-8500
8400
Gulbarga
Closed
9100-9200
NA
9200
Akola
NA
NA
NA
7500-8000
Nafed Procured Moong As On 11 Nov, 2020
State
MT
Tamil Nadu
46.35
Haryana
1030.65
Maharashtra
281.85
Rajasthan
1549.44
Total
2908.29
(By Commodities control Bureau; +91 9820130172)
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