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Tur Prices Hold Steady Amid Increased Arrivals and Millers Buying

20 Jan 2025 6:26 pm
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Mumbai, 20 Jan (Commoditiescontrol): Tur (pigeon pea) prices fluctuated across domestic markets on Monday, supported by steady miller buying, particularly in Maharashtra and Karnataka mandis. Increased arrivals of good-quality produce bolstered prices, with market activity picking up after a lull last week.

In the international market, Burma Lemon Tur remained stable, with Cost and Freight (CNF) India quotes unchanged at $780 per metric ton. Yangon mandi Lemon Tur held steady at 29,30,000 kyat per metric ton. However, resale prices for Burma Lemon Tur in Chennai dipped slightly, falling $5 to $775 per metric ton, slipping below CNF levels.

Domestically, Burma Lemon Tur prices rose slightly in Mumbai and Chennai, while Delhi remained steady. African-origin Tur prices continued to hold firm in Mumbai.

Tur International Prices In Key Indian Markets:


In key production regions like Madhya Pradesh and Maharashtra, Desi Tur bilty prices showed mixed trends amid increased arrivals. Akola market reported a marginal price decline, while Latur and Nagpur maintained stability. Solapur saw softer quotes for the Desi Pink variety. Processing hubs such as Katni and Indore also reported varied price movements.

Karnataka markets displayed fluctuations due to regular demand and rising arrivals. Gulbarga and Gadag mandis recorded price increases, while Yadgir saw a decline. In Maharashtra’s Marathwada region, Latur maintained stable prices despite higher arrivals, supported by improved demand. However, Vidarbha markets like Amravati, Akola, and Hinganghat showed mixed trends amid increased inflows.

Spot Raw Tur Bilty And Mandi Prices In Key Indian Markets:


In the Tur dal segment, prices softened in Akola, Gulbarga, Latur, and Nagpur due to rising supplies driven by milling activity. However, demand remained limited to need-based buying. With milling operations gaining momentum in Vidarbha, Tur dal prices are expected to face additional pressure in the coming days.

Spot Raw Tur Dal Prices In Key Indian Markets:


The slower decline in Tur prices, despite higher arrivals, indicates improving demand. As mills resume operations and moisture levels in new crops decrease, government procurement is likely to commence, providing further price support. Seasonal factors like the ongoing Kumbh Mela and the wedding season are expected to strengthen market sentiment, limiting any significant price drops in the near term.

(By Commoditiescontrol Bureau; +91-9820130172)


       
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