Login ID:
Password:
Partner Login
Contact Us : 7066511911

Tur-Tur Dal Continues Upward Trend At Major Mkts

1 Oct 2020 7:20 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

Mumbai (Commoditiescontrol) – Domestic Tur continued upward rallies and surged Rs 50-200/100kg in major markets, as per quality, on Thursday due to weak availability of imported/domestic Tur and also reports of crop damage and delay in new crop arrivals in Karnataka and Maharashtra amid rain.

Moreover, good trade activity in processed Tur also supported prices as vegetables are costlier.

Higher bids was reported in FCI tender at Karnataka to purchase old procured Tur.

Similarly, Tur Lemon variety both old-new also gained by Rs 300 to Rs 6,700/100Kg and Rs 6,900, respectively, at Mumbai following firm cues from domestic markets.

In Mumbai, Mozambique Tur new White variety traded at Rs 6,350-6,400/100Kg, Gajir variety at Rs 6,300-6,350 and Red variety at Rs 6,000. In forward trade, Mozambique Tur traded at Rs 5,950/100Kg for September-October.

Mozambique-origin new Tur Phatka variety traded at Rs 8,800/100Kg and Sava No variety at Rs 8,600.

In Delhi, Tur Lemon old variety traded higher by Rs 150 to Rs 6,750-6,825/100Kg on local buying at prevailing rates, following firm cues from Mumbai and other markets and limited stock. As per local trader, no ready stock of Maharashtra-origin Tur was reported.

As per market view, some profit booking is likely to be witnessed at higher rates amid expectations of arrivals of 1.5-2 Lakh tons of tur supplies from Mozambique.

Overall tur prices are likely to get support at lower rates as arrivals of new domestic crop are still three months away. Moreover, import parity will also be higher, if government gives import quota to millers and also report of crop damage and delay in new crop arrivals in Karnataka and Maharashtra amid rains.

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



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


       
  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 Rated
0.0

   Post comment
Comment :

Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy.
Name :  
Email :  
   

Top | Post Comment  

Latest Market Commentary
Chana Gains in Selective Spot Markets; NCDEX Chana Head...
Tur Mixed In Mah, Weakens In TN/Guj/Chhattisgarh
Masoor Prices Drops in Indore After Extension of 10% Du...
Moong Firm in Rajasthan, Traded Mixed in Maharashtra
Chana futures rebounds after testing technical support;...
more
Top 5 News
Indian Gold Jewelers Gear up for Dhanteras-Diwali as Sa...
Chana Gains in Selective Spot Markets; NCDEX Chana Head...
Tur Mixed In Mah, Weakens In TN/Guj/Chhattisgarh
Spot Coriander Prices Rise amid Demand From Dubai, Futu...
Mustard Seed Jumps Over Rs. 100/Q To Breach Mark Of Rs....
Top 5 Special Reports
USD/INR (Nov 20) Testing Short-term Resistance Near ...
USD/INR (Nov 20) Positive Short-term Trend / May Ret...
USD/INR (Nov 20) Positive Short-term Trend / May Ret...
USD/INR (Oct 20) Positive Short-term Trend / May Ret...
Weekly: Tur, Chana Plunge Most This Week, Moong Gains
Copyright © CC Commodity Info Services LLP. All rights reserved.