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Domestic Tur mixed in selective mkt, imported variety weak at Mumbai-Delhi

23 Sep 2021 6:52 pm
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Mumbai, 23 Sep (Commoditiescontrol) – Domestic Tur traded mixed for second straight day in a row, as per quality on Thursday, in selected markets due to limited participation by the millers and overseas supplies.

Meanwhile, demand and sales in processed pulses witnessed thin activity. Demand in processed pulses expected to be very less during Pitru Paksha (from 20th Sep-6th Oct.)

Availability of Africa Tur at lower rates in ready business and also upcoming overseas supplies from Africa at cheaper rates has kept sentiments under pressure.

In Mumbai, Tur lemon variety of Burma-origin both new-old priced lower by Rs 50 each to Rs 6,300/100Kg and Rs 6,200, respectively. Tanzania origin Arusha variety Tur along with Mozambique origin gajri variety fell by Rs 50 each at Rs 5,850/100Kg and Rs 5,750, respectively. Also, Sudan Tur priced lower by Rs 50 at Rs 6,500. Matwara Tur dropped by Rs 100 at Rs 5,800.

In overseas origins, Tanzania market Arusha variety Tur quoted at $755 per ton on CNF Nhava Sheva for Oct shipment.

At Delhi, Burma origin Lemon variety Tur old-new slipped each by Rs 25 at Rs 6,550/100kg and Rs 6,650, respectively on dull local mills purchase.

The central government's move to extend free import policy for Tur up to 31st December 2021. Further, import consignments of these items with Bill of Lading issued on or before 31st December, 2021 shall not be allowed by Customs beyond 31st January 2022. Earlier the import policy of Free Imports was to expire on Oct. 31st (BL Date) with allowing arrivals till Nov. 30th.

As per market talk, Tur prices likely to trade range-bound or may remain under pressure for short term period due to overseas supply at cheaper rate during Sep-Oct. Demand in processed pulses expected to be very less during Pitru Paksha ( from 20th Sep-6th Oct.) Moreover, stockiest and farmers holding Tur stock in anticipation of price rise are now active to liquidate stock and take position in other kharif crops arrivals for which will begin soon.

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

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

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