Mumbai, 26 Oct (Commoditiescontrol) – Burma Tur-Urad along with Masoor prices extended fall at Naya bazaar pulses market of Delhi, on Tuesday amid thin millstrade 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 will be active in liquidating their stocks before Diwali to meet their financial needs, said the market analysts.
Burma origin Lemon variety Tur new-old slipped each by Rs 50-100 at Rs 6,300/100Kg and Rs 6,100, respectively following weak cues from other markets.
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.
Burma Urad SQ varieties both old and new dropped each by Rs 50-75 to Rs 7,900/100Kg and Rs 7,925, respectively as no buyers-sellers active in the market, regular overseas supplies, slow offtake in Urad dal and increased arrivals of new Kharif crop. Urad FAQ new also priced lower by Rs 25 to Rs 7,025.
Maharashtra origin new Urad priced in the range of Rs 6,000-7,000/100Kg, as per quality.
Moreover, Nafed is liquidating its old procured stock in Madhya Pradesh.
Meanwhile, increased arrivals of new Kharif Urad is being witnessed in domestic market as weather is clear now. However, quality is the major concerns as Urad arriving in the local market is mostly of damaged, discolored or dagi quality and good quality of crop arriving in the market is very low, said the trade sources. The millers and traders are seen more interested to buy good quality of new crop.
Canada and Madhya Pradesh origin Masoor fell each by Rs 50 at Rs 7,300/100Kg and Rs 7,500, respectively as millers refrained to purchase due to dull offtake in processed Masoor and overseas supplies.
Following are rates (Rs/100Kgs) of various pulses (Imported & Desi) in Delhi today:
.jpg)
(By Commoditiescontrol Bureau; +91-22-40015513)