Mumbai, 27 Mar 2024 (Commoditiescontrol):Indian Tur market activity showed a mix of trends. African origin Tur prices increased in India, mirroring gains in Maharashtra where Akola and Hinganghat saw notable price rises. Myanmar origin tur traded mixed,
Myanmar pulses market was closed due to Myanmar Armed Forces Day. Lemon prices fell by Rs 50 per quintal in Mumbai and Delhi, but rose by Rs 25 per quintal in Chennai. Trading is expected to be slow until early April. Desi Tur prices held steady in most major domestic markets, with limited activity and mostly stable bilty prices except for increases in Nagapur and Solapur.
Tur International Prices In Key Indian Markets:
Desi tur saw higher bilty trade prices in Nagpur and Solapur. Mandi trade prices mirrored this increase, fueled by slow arrivals and steady demand. With the narrow price spread between imported Tur (especially Burmese lemon Tur) and desi Tur, demand is likely to shift towards the domestic variety.
Spot Raw Tur Bilty And Mandi Prices In Key Indian Markets:
Tur dal price were steady in most of the markets except Katni were price declined by Rs 100/quintal.
Spot Tur Dal Prices In Key Indian Markets:
Tur prices are expected to decline in the near term due to a combination of factors. Increased government efforts in India and Myanmar to discourage hoarding and speculation should stabilize supplies. Additionally, the availability of cheaper substitutes like chana, masur, and matar dal may reduce demand for tur dal. However, the decline could be limited by this season's domestic supply shortfall and the exhaustion of African and Myanmar supplies.
(By Commoditiescontrol Bureau; +91-9820130172)
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