Mumbai, 03 Dec (Commoditiescontrol):Following Karnataka and Maharashtra, new Tur (pigeon pea) arrivals have now started in select mandis of Madhya Pradesh. This development has added further downward pressure on the prices of old Tur stocks. On Tuesday, declining trends were observed in Tur prices from Maharashtra, Karnataka, and Nimar regions, while Tur dal prices remained stable.
According to traders, sporadic arrivals of new Tur have started in some mandis of Madhya Pradesh, following Karnataka and Maharashtra. A significant increase in arrivals is expected within the next 7-10 days. The anticipation of fresh supply has led to a dip in prices for old Tur stocks. Stockists are offloading their existing inventory, intensifying the selling pressure in the market. Currently, Karnataka and Maharashtra are witnessing daily arrivals of 20,000-22,000 bags of new Tur.
Market experts indicate that due to an increase in sown area, Tur production this year is likely to surpass last year's levels. With pipelines expected to fill soon, the pressure from upcoming arrivals could lead to further price weakness in the near future.
Price Trends (Tuesday)
Maharashtra Line Tur: ₹9,300 to ₹9,500 per quintal (-₹200)
Karnataka Line Tur: ₹9,600 to ₹9,800 per quintal (-₹300)
Nimar Line Tur: ₹8,000 to ₹8,800 per quintal (-₹200)
Tur Dal Prices (Per Quintal)
Regular: ₹9,700 to ₹9,800
Medium: ₹10,700 to ₹10,900
Best: ₹15,100 to ₹15,200
Average Best: ₹16,100 to ₹16,300
Branded New: ₹16,400
Tur Prices in Madhya Pradesh Mandis
Pipariya: ₹8,020 to ₹8,950
Jabalpur: ₹8,800 to ₹9,150
Kareli: ₹8,301 to ₹8,800
Jabera: ₹8,000 to ₹8,100
Satna: ₹7,205 to ₹8,855
Damoh: ₹7,190 to ₹7,390
Barwaha: ₹5,000 to ₹5,100
Khandwa: ₹7,400 to ₹7,511
The market remains watchful of increasing arrivals and their potential impact on prices.
(By Commoditiescontrol Bureau: 09820130172)
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