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Imported Masoor widen losses in major mkts, domestic variety mixed

26 Oct 2021 4:36 pm
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Mumbai, 26 Oct (Commoditiescontrol) – Canada crimson variety at Mumbai, Kolkata and Hajira port along with Australia Masoor at Mumbai and Kolkata widened losses by Rs 50-100/100Kg, on Tuesday as millers refrained to purchase due to slow offtake in processed Masoor and overseas supplies.

Similarly, domestic variety Masoor also declined by Rs 100/100Kg at Ganj Basoda, Shujalpur and Raipur market on slack mills purchase.

On other hand, commodity moved higher by Rs 50-100/100Kg at Ashoknagar and Khurai markets due to fresh mills purchase on immediate requirement for crushing.

At Delhi, Canada and Madhya Pradesh origin Masoor extended fall each by Rs 50 at Rs 7,300/100Kg and Rs 7,500, respectively.

Vessel M V DARYA PADMA carrying about 26000 tonnes of Canada red Masoor arrived at Vizag Port on 20th Oct, 2021, according to a shipping agency.

International Masoor markets ended the week on an easier note against increased competition for available demand in key destinations.

This was most obvious in India where resellers continue to take profits and current values in that country's domestic market are uncovering stocks on farms.

Importers also believe that once new crop red Masoor are available from Australia, prices will decline because of competition between it and Canada.

Spot Raw Lentils (Masoor) Prices In Key Indian Market:



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


       
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