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Domestic Tur Widen Losses in Major Mkts

25 Feb 2021 8:10 pm
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Mumbai (Commoditiescontrol) – Domestic Tur new extended fall by Rs 25-100/100Kg, as per quality on Thursday, in major markets due to thin participation by the millers despite less arrivals of domestic new Tur in the producing centers.

Moreover, demand in Tur dal remained subdued. Demand is likely to improve in coming days due to empty pipelines and lower arrivals in tur.

Similarly, Tur lemon variety of Burma-origin declined by Rs 50 to Rs 6,450/100Kg in Mumbai due to dull millers purchase despite less ready imported stock.

In Delhi, Burma origin Lemon new variety priced weak by Rs 25 at Rs 6,800-6,825/100kg in ready delivery from Chennai. Similarly, commodity fell by Rs 25 to Rs 6,475 at Chennai spot. But, sellers inactive at lower rates against limited stock. Karnataka origin Nafed procured old Tur also declined by Rs 25 to Rs 6,950-6,975/100Kg. On other hand, Haryana origin new domestic Tur ruled unchanged at Rs 6,250.

As per market view, Tur prices are likely to get support at lower rates as fundamentals of Tur are strong due to lower yield, less balanced old procured stock with government and import halt.

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

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

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