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Imported Matar Ends Higher At Mumbai On Strong Demand

16 Apr 2018 6:11 pm
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MUMBAI (Commoditiescontrol) – Imported matar traded higher at the Mumbai pulse market during close on Monday due to strong upcountry demand.

Canada, Russia, and Ukraine matar rose by Rs 50 each at Rs 3,200/100kg, Rs 3,051 and Rs 3,075, respectively at the Mumbai port.

Similarly, Canada matar gained by Rs 50 at Rs 3,150/100kg at Hajira port, while edged higher by Rs 30 at Rs 3,031 at Mundra port.

Canada green matar was steady at Rs 4,100-4,200/100kg.

A local trader said, “The upcountry buyers are very much active to procure the commodity in anticipation of better return due to negligible imports.”

The rise in prices was also attributed to rumors among traders that government is considering complete ban on matar import. At present matar attract import duty of 50%.

(By Commoditiescontrol Bureau; +91-22-40015533)

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