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Imported Masoor Drops In Mumbai/Kolkata On Upcoming Overseas Supply

4 Jul 2020 2:57 pm
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MUMBAI (Commoditiescontrol) – Canada crimson variety and Australia origin Masoor declined Rs 50-100/100Kg, on Saturday, amid thin buying due to unattractive crushing margins.

Cheaper overseas supplies, ongoing rabi crop arrivals and thin demand in processed Masoor will keep prices under pressure.

Around 30,000-35,000 MT Masoor expected to arrive from Canada at Mundra port on 22nd July and another vessel carrying 25,000 MT at Kolkata port till July end.

On other hand, domestic Masoor traded almost unchanged, as per quality, in major market of Madhya Pradesh, Uttar Pradesh and Chhattisgarh on limited mills buying activity for immediate requirement for crushing and below expectation arrivals.

In Delhi, Madhya Pradesh origin Masoor gained by Rs 75/100Kg on fresh mills buying for immediate requirement for crushing at lower rates. While, Canada Masoor fell by Rs 25/100Kg due to lack of buying support, following weak cues from Mumbai/Kolkata and regular overseas supply.

Spot Raw Lentils ( Masoor ) Prices In Key Indian Market:



(By Commoditiescontrol Bureau; +91-22-40015513)


       
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