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Burma Tur Weak in Ready/Forward Deals; Domestic Variety Mixed

20 Oct 2020 8:34 pm
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Mumbai (Commoditiescontrol) – Domestic Tur traded weak Rs 75-200/100Kg, as per quality, on Tuesday in major markets of Maharashtra and Chhattisgarh on cautious mill buying at higher rates as demand and sale counter in processed Tur was witnessed slack.

Sentiments also pressurised as total supplies of around 1-1.25 Lakh tonnes, from Burma (30,000-40,000 tonnes) and Africa (60,000-70,000 tonnes), are expected to hit Indian ports by 15 November.

On other hand, commodity traded higher by Rs 100-250/100Kg in Madhya Pradesh and Uttar Pradesh on mills buying support due to immediate requirement for crushing.

In Mumbai, Tur lemon variety of new Burma-origin declined by Rs 50 at Rs 7,150/100Kg in ready delivery. Similarly, in forward business, commodity priced weak by Rs 75 to Rs 6,775 for November delivery.

Tur Lemon old variety priced lower by Rs 50/100Kg in ready business at Delhi on slack local buying at prevailing rates. On other hand, in forward deals, commodity ruled unchanged at Rs 6,850 for November delivery from Chennai.

In Mumbai, Mozambique Tur new White/Gajjar varieties priced at Rs 6,800/100Kg. In forward trade, Mozambique Tur quoted at Rs 6,050/100Kg for October.

Sudan Tur offered at Rs 7,600/100Kg in Mumbai.

Mozambique-origin new Tur Phatka variety priced at Rs 9,800/100Kg and Sava No variety at Rs 9,600.

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

Overall tur prices are likely to get support at lower rates, as arrival of new domestic crop are still two months away. Reports of crop damage and delay in arrivals in Karnataka and Maharashtra, amid rains, underpins the pulses.

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



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


       
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