Mumbai, 25 June 2024 (Commoditiescontrol): After declining for two sessions, tur prices in Burmese markets have stabilized, supported by limited supplies in India.CNF India prices were steady in Burma market and Chennai resellers market.
In domestic marekts, lemon tur prices showed mixed movements, rising by Rs 50 per quintal in Mumbai and Chennai, but falling by Rs 100 per quintal in Delhi. Prices in most African countries remained stable despite dull trading activity.
Tur International Prices In Key Indian Markets:
In Maharashtra and Madhya Pradesh, tur bilty and mandi prices were also reported to be stable to firm. The limited supply with farmers and stockists has contributed to this price stability across most markets.
At Kanpur market, both UP/MP line Tur prices lost Rs 400 per quintal in bilty trade.
Spot Raw Tur Bilty And Mandi Prices In Key Indian Markets:
Dal prices largely remained stable, except in Katni, where prices decreased by Rs 100 per quintal. According to sources, this drop in Katni is attributed to a demand shift towards masur, which has weighed on tur prices there.
Spot Raw Tur Dal Prices In Key Indian Markets:
As anticipated, prices have slightly recovered in select markets following a sharp decline caused by the imposition of stock limits by the government. This recovery is attributed to the limited stock available with farmers, stockists, and millers. Prices may gradually increase as the existing stock of Tur depletes in domestic markets. Furthermore, according to media reports, the government's Tur stock is only 50,000 MT, which will not significantly influence the market from a supply standpoint. However, the availability of more affordable pulses like Masoor and Matar will likely limit any major price increases.
(By Commoditiescontrol Bureau; +91-9820130172)
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