MUMBAI, 26 Oct (Commoditiescontrol) – Prices of Burma Tur-Tanzania Chana along with Canada-Australia Masoor declined during the opening session at Mumbai spot market, on Tuesday amid thin mills trade activity and overseas supplies.
Meanwhile, action in processed pulses witnessed below expectation last week despite vegetable prices are reportedly soaring and festive season is going on.
The millers, traders, stockiest as well as the farmers were active in liquidating their stocks before Diwali to meet their financial needs, said the market analysts.
Tur lemon variety of Burma-origin new extended fall by Rs 50 to Rs 5,950/100Kg due to thin participation from millers.
On other hand, Sudan Tur offered unchanged at Rs 6,200-6,225/100Kg. Also, Matwara variety Tur priced flat at Rs 5,300-5,325.Mozambique origin gajri variety quoted stable at Rs 5,300-5,350/100Kg. Tanzania origin Arusha variety Tur also offered steady at Rs 5,400/100Kg.
Availability of African Tur-Tur dal at lower rates in ready business due to average quality and also regular overseas supplies from Africa at cheaper rates are likely to keep prices under pressure, as per the market observers.
Vessel M V PORTHOS from Africa had discharged 25,502 MT till 26th Oct at Mumbai port. Vessel is carrying 1,953.900 MT Mozambique Moong and 27,617.625 Mozambique Tur.
Canada crimson variety Masoor at Mumbai and Hajira port along with Australia Masoor slipped each Rs 25-50/100Kg as millers refrained to purchase due to dull offtake in processed Masoor and overseas supplies.
Tanzania Chana fell by Rs 25 at Rs 4,800-4,900/100Kg amid thin buying, overseas supplies and also Nafed is actively liquidating its stocks of Chana at various centres. However, Nafed old procured Chana stock of R-2018 and R-2019 was reported negligible in Madhya Pradesh and quality of R-2020 was average.
Following are rates (Rs/100kg) of various pulses in Mumbai today:
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(By Commoditiescontrol Bureau; +91-22-40015513)