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Domestic Tur Mixed For Second Straight Day in Selective Mkts

7 Aug 2020 6:55 pm
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Mumbai (Commoditiescontrol) – Domestic Tur traded mixed for second straight day, as per quality, on Friday in selected markets on thin buying from millers at prevailing rates, as demand and sale counter in Tur dal reported slow activity.

Trade volume has been scanty, as some markets are shut due to lockdown and labour shortage. Demand is suffering due to closure of restaurants, small eatery joints, and big retail chains.

Government agency is selling old raw Tur to the mills for processing, packaging and supply of processed Tur under PDS.

As per market view, Tur prices may be underpinned due to slow pace of good quality arrivals and lesser availibility of imported Tur. Active participation at the demand and sale counter of dals is expected in near future. Supply from Mozambique is expected from September. Government is yet to give any quota to the millers and refiners.

Bumper Kharif Moong crop and cheaper overseas supply of Masoor is likely to pressurize sentiments in Tur. But, incessant rains in Karnataka and Maharashtra may damage crop and quality of Moong. This may support Tur prices, which is a substitute for Moong and Masoor.

Spot Raw Pigeon Pea (Tur) New Prices In Key Indian Markets:



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


       
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