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Urad/Masoor prices gain at Delhi on improved mill buying

28 Jun 2022 1:49 pm
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Mumbai, 28 Jun (Commoditiescontrol): Black matpe or Urad price gaind at Delhi's Lawrence Markets amid improved buying by the mills, following firm cues from Chennai-Mumbai & other domestic markets.

Moreover, prices also received support due to less ready stock, and lower imports due to price disparity as Rupee depreciated to 78.74 against US dollar.

Apart from loss in acreage due to delayed monsoon another reason is the shift in acreage to other crops such as cotton and soybean due to better returns. Also, a slowdown in domestic arrivals as farmers are busy preparing kharif sowing.

Though the monsoon has recovered in the last few days, still recovery is not sufficient to make up losses.

Elsewhere, M.P Masoor firmed by Rs 25/100Kg due to mills buying on immediate requirement for crushing. While, Canada Masoor ruled unchanged on thin trade from mills as millers purchase domestic masoor at discounted prices. Imports of Masoor is likely to increase in the coming days as the landed cost of Canada Masoor has declined to Rs 6,950-6,975.

Andhra Pradesh Urad prices traded Rs 200 higher at Rs 8,200/100kg in Delhi markets on improved mill buying. Burma origin Lemon variety Tur crop 2022 priced at Rs 6,650-6,700/100kg in ready delivery, same as previous day.

Maharashtra origin old-new Tur quoted at Rs 6,550-6,750/100 kg, respectively for Delhi delivery. At Chennai, Burma Lemon Tur traded at Rs 6,350/100Kg.

Following are rates (Rs/100Kgs) of various pulses (Imported & Desi) in Delhi today:

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

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