Mumbai, 22 Feb 2024 (Commoditiescontrol):Burma Lemon Tur prices continue to fall within Burma's local market, directly impacting a decline in CNF (Cost and Freight) prices for exports to India. Chennai's reseller market mirrors this trend, with CNF India trade prices decreasing in response to losses in the Burmese market.Interestingly, desi Tur prices remain firm within Indian markets despite a slow offtake in Tur dal. Limited arrivals of the new crop are likely contributing to this firm prices.
Within India, Lemon Tur prices have decreased, mirroring the downward trend in Burma's CNF India rates. African-origin Tur prices have remained stable despite a decline in supply.
Tur International Prices In Key Indian Markets:
Desi Tur prices have experienced an upward trend as arrivals remain limited in the major producing states of Maharashtra and Karnataka. Additionally, anticipated supply from Burma hasn't materialized, while seasonally declining African supply further contributes to reduced availability.
This has led to increased Tur prices within Maharashtra's mandi and bilty trade markets. Major processing and consumption centers like Katni, Kanpur, and Raipur have also seen price increases. Prices in Karnataka's Gulbarga market, however, have remained steady.
Spot Raw Tur Bilty And Mandi Prices In Key Indian Markets:
Tur dal prices remained steady amid limited demand.
Spot Tur Dal Prices In Key Indian Markets:
Despite tight supply, Tur prices are struggling to rise further due to dull demand for Tur dal. The availability of cheaper substitutes like masur, chana, and matar dals is influencing this trend.
(By Commoditiescontrol Bureau; +91-9820130172)
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