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Burma Urad FAQ price rise at Mumbai market on mill buying

28 Sep 2022 1:04 pm
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Mumbai, 28 Sep (Commoditiescontrol): Burma Urad FAQ variety price rose by Rs 50 at Mumbai's Pulses market on select mills purchase at lower rates, traders said.

The commodity continues to take cue from currency movement as well. Rupee has depreciated further against U.S. dollar to to 81.89, making imports costlier. Offtake in Urad dal witnessed thin, which remains a big concern for now.

Moreover, arrivals new kharif Urad had gathered pace at producing belt, which is likely to restrict gain.

Canada crimson Masoor & Australia Masoor prices gained by Rs 25-50/100Kg on mills buying at lower rates.

Moreover, fall in CNF price quoted in the overseas market has stabilized and, on the basis of prevailing CNF rates, existing spot prices are below landed cost of imported Masoor.

Meanwhile, supply of new crop from Canada and Australia expected to hit Indian port in the coming weeks. That's negative for prices.

Following are rates (Rs/100kg) of various pulses in Mumbai today:



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


       
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