Mumbai, 1 April (Commoditiescontrol): Prices of imported Tur and Urad turn weak during early trade session at Mumbai pulses market as millers inactive due to government intervene.
Burma & Africa origin Tur price slipped down by Rs 100-200/100Kg as millers inactive and also the Government has stepped up its efforts to monitor stock disclosures of pulses by millers, stockists, traders, importers, etc. to ensure that prices of Tur are normalised and the availability and affordability of Tur is ensured in the domestic market.
However, sellers inactive at lower rates due to fewer domestic arrivals, supply shortage from Burma and an increase in landed costs of upcoming shipments. The limited supply from Africa due to depleted stock levels and the impact of Cyclone Freddy earlier in March. Although Sudan's fresh crop has arrived, there is no import parity due to higher prices. Additionally, heavy rainfall in the Tur-producing regions of Mozambique and Malawi has caused delays in Tur sowing.
Similarly, Burma Urad FAQ variety also dropped by Rs 100 at Rs 7,550/100Kg on cautious buying at higher rates due to fear of government intervene. However, sellers were less interested due to thin supply from Burma, higher landed costs for importing.
Following are rates (Rs/100kg) of various pulses in Mumbai today:
(By Commoditiescontrol Bureau; +91-9820130172)
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