Login ID:
Password:
Partner Login
Contact Us : 7066511911

Weekly: Urad/Moong Weaken In Pulses Complex; Tur/Chana Firm

29 Jun 2020 10:10 am
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 
MUMBAI (Commodities control) – Tur, Chana and Kabuli Chickpea moved higher for the week ended 27th June amid millers and traders buying activity. While, Urad, Masoor, Moong and White Pea remained weak due to slow activity.

Week Highlights

# Kharif Crop Acreage Doubles As Monsoon Covers Entire Country 2 Weeks Earlier
# Monsoon Covers Entire Country :IMD
# DGFT Set to Launch New Digital Platform for Delivery of IEC Services. # MP Pulse Traders Hail MP Govt’s Decision To Abolish Mandi Tax, Checkpoint Barriers.
# Myanmar Expects Bigger Pulse Harvest.
# Karnataka Crop 4th Advance Est: The output of Tur crop in Karnataka is projected to surge 12.1% to 1,094,000 tn in the 2019-20 (Jul-Jun) season. Similarly, Chana crop output is also expected to rise 43.7% to 825,000.

India 2020-21 Kharif Pulses Sowing Up 221.72 % As On June 26, 2020
Commodity Area Sown In Lakh Hectare 2020-2021 Area Sown In Lakh Hectare 2019-20
Tur 9.87 1.83
Urad 2.75 0.9
Moong 5.3 2.06
Other Pulses 1.46 1.23
Pulses 19.4 6.03
Burma Lemon Tur:

Tur continued to moved higher in bilty trade at Akola market for fifth straight week by Rs 25 to Rs 6,025-6,050/100Kg due to improved mill buying.

Millers from Madhya Pradesh / Uttar Pradesh were purchasing Tur from Maharashtra/Karnataka for immediate requirement for crushing due to weak availability of good quality crop as reports of moisture in Tur crop on account of recent rains in M.P/U.P.

Similarly, Tur Lemon variety of Burma-origin both old and new also moved higher by Rs 50 to Rs 5,150/100Kg and Rs 5,250, respectively in Mumbai following uptrend in domestic variety. But, millers preferred domestic Tur over imported variety. However, actual demand and sale counter in Tur dal reported thin activity.

But, Consumption is expected to rise as prices of vegetable, poultry and meats products was higher.

Sellers were also inactive in anticipation of prices may rise in near future.

In near term, Tur prices likely to get support due to slow-paced seasonal arrivals. Moreover, Government is yet to give any quota to millers and refiners. Overseas Supply is expected from August-September.

Major tur stocks have been reported with government as compared to private traders/millers.

Tur ( Prices In Rs /100Kg )
Market Variety 27-Jun-20 20-Jun-20 13-Jun-20 27-Jun-19
Mumbai Lemon 5150-5250 5100-5200 5000-5050 5250
Akola Desi Bilty 6025-6050 6000-6025 5650-5675 5775-5800
Gulbarga Desi 5700-5850 5600-5700 5400-5500 5700-5750
Tur Dal ( Prices In Rs / 100Kg )
Market Variety 27-Jun-20 20-Jun-20 13-Jun-20 27-Jun-19
Akola Phatka 8200-8400 8200-8300 7800-7900 8000-8200
Gulbarga Phatka 8000-8400 8000-8400 7600-7900 7900
Katni Phatka 8700-8800 8650-8750 8150-8250 8100-8200


Burma Urad:

Burma Urad FAQ new variety traded weak by Rs 100 at Rs 6,050/100Kg, in Mumbai, as sellers were active in the market.

Similarly in Chennai, Burma Urad FAQ/SQ varieties also slipped Rs 100 to Rs 6,050-6,075/100Kg and Rs 7,150-7,175, respectively.

Sentiments was also pressurised as sellers active at lower rates compare to ready trade in forward business at Chennai. Seller in Urad SQ variety for July were active at Rs 6,750/100Kg.

Moreover, Millers' purchase was limited due to slower offtake witnessed in processed Urad.

Demand is suffering due to restricted rules for restaurants, small eatery joints which has adversely affected overall demand.

Buyers are cautious due to upcoming overseas supply in July as against annual quota licence and new kharif arrivals of Urad will begin from September.

Meanwhile Chennai is under complete lockdown along with three other districts from 19th June onwards till 30th June.

Supreme Court has postponed Hearing On Pulses Import Restriction Till June 29.

Government reduced the deadline for Urad Import Annual Quota Of 4 lakh MT by 6 months to 31st August, 2020.

Urad ( Prices In Rs / 100Kg )
Market Variety 27-Jun-20 20-Jun-20 13-Jun-20 27-Jun-19
Mumbai FAQ FAQ 6050 6150 6100 4600
Chennai FAQ 6050-6075 6150 6000 4650
Chennai SQ 7150-7175 7250 7050 5775-5800
Jalgaon Desi 6400-6800 6400-6850 6500-6925 4850-5300
Jabalpur Desi Summer NA NA NA NA
Urad Dal ( Prices In Rs / 100Kg )
Market Variety 27-Jun-20 20-Jun-20 13-Jun-20 27-Jun-19
Mumbai 8500-9100 8600-9200 8500-9100 6200-6350


Chana Kantewala (Indore):

Chana prices gained for second straight week Rs 125-150 at Rs 4,350-4,375/100Kg in Indore following firm cues from futures, better mill buying and declined in arrivals across Madhya Pradesh on account of scattered rains in the past few days.
However, purchases are limited, as demand and sale counter in Chana dal/besan witnessed lukewarm participation.

As on June 25, 2020, NAFED has successfully procured 1983357.38 MT of Chana at Minimum Support Price of Rs 4,875.

Madhya Pradesh government's buying in Chana has slowed down in the past few days because of rains and storage problem.

As per market talk, current levels of Chana prices are attractive for millers/traders.

Kabuli Chickpea dollar variety of all counts priced firm for second straight week Rs 100/100Kg at Indore market on improved domestic and export demand.

Chana ( Prices In Rs / 100Kg )
Market Variety 27-Jun-20 20-Jun-20 13-Jun-20 27-Jun-19
Mumbai Australia NA NA NA 4200
Tanzania 4200-4225 4200 4000-4025 NA
Burma NA NA NA 4175
Indore Katewala 4350-4375 4225-4250 4175 4125-4150
Delhi Rajasthan origin 4275-4300 4275 4150-4175 4350-4375
Akola 4525-4550 4500-4525 4250-4275 4350-4375
Bikaner 4250-4260 4200-4225 4100 4175-4200
Chana Dal ( Prices In Rs / 100Kg )
Market Variety 27-Jun-20 20-Jun-20 13-Jun-20 27-Jun-19
Akola 5400-5800 5400-5750 5000-5300 5200-5800
Indore 5400-5800 5300-5700 5000-5700 NA
Jaipur 5100 5050 4850-4875 5450-5500
Chana Besan ( Prices In Rs / 50Kg )
Market Variety 27-Jun-20 20-Jun-20 13-Jun-20 27-Jun-19
Mumbai 3175 3175 3075 NA
Kabuli Chana ( Prices In Rs / 100Kg )
Market Variety 27-Jun-20 20-Jun-20 13-Jun-20 27-Jun-19
Indore 40-42 NA NA NA 5750
42-44 6500 6500 6350 5550
44-46 6350 6300 6150 5350
Dollar 5400-5800 5200-5700 5000-5500 4500-5000
Mumbai Sudan NA NA NA 4200
Ethiopia NA NA NA 4175
Russia 4350-4400 4400 4125-4150 4050-4100
Burma NA NA NA 4300

Nafed Procured Chana As On 25 June, 2020
State MT
Andhra Pradesh 127915.1
Karnataka 101843.45
Rajasthan 559065.39
Telangana 47600
Maharashtra 289750.83
Madhya Pradesh 703981.82
Uttar Pradesh 28683.28
Haryana 9544.46
Gujarat 114973.05
Total 1983357.38


Imported Masoor (Mumbai):
Canada crimson variety and Australia origin Masoor slipped Rs 50 each at Rs 5,400-5,550/100Kg and Rs 5,600, respectively in Mumbai as millers refrained from purchasing at prevailing rates due to unattractive crushing margins.

Similarly, Canada crimson variety Masoor at Hazira and Mundra port fell Rs 100-125 each at Rs 5,350/100Kg and Rs 5,300, respectively.

While domestic Masoor traded mixed in major markets, as per quality, due to thin buying from local and outstation traders/millers.

Cheaper overseas supplies, ongoing rabi crop arrivals and thin demand in processed Masoor will keep sentiments under pressure.

Vessel M V AMIS UNICORN carrying Canada Masoor has completed discharging cargo at Adani Hazira and Mundra Port.

Masoor ( Prices In Rs / 100Kg )
Market Variety 27-Jun-20 20-Jun-20 13-Jun-20 27-Jun-19
Mumbai Canada 5400-5550 5450-5600 5500-5600 4025-4125
Australia 5600 5650 5650 4225
Mundra Canada 5300 5425 5400 NA
Hajira Canada 5350 5450 5450 NA
Kolkata Canada 5400-5500 5450-5550 5400-5450 4150
Australia 5650-5700 5700-5725 5550-5600 4350
Indore Desi 5600-5650 5525-5550 5450-5500 4100-4125
Raipur Desi 5750-5800 5775-5800 5500 4250
Kanpur Desi 5875 5900 5775 4400
Masoor Dal ( Prices In Rs / 100Kg )
Market Variety 27-Jun-20 20-Jun-20 13-Jun-20 27-Jun-19
Khopoli 6650 6700 6700 5050-5150
Katni NA NA NA 4850


Imported White Pea (Mumbai):

Canada origin White Pea priced unchanged at Rs 6,000/100Kg amid thin trade activity.

The peas could not find support, despite tightness in ready stock.

Prices of White Pea eased Rs 25 at Rs 4,975-5,000/100Kg at Kanpur market amid thin trade activity as millers preferred to stay with desi Chana/Kabuli Chana, due to cheaper prices and easy availability.

prices of White pea dal and besan ruled weak as demand and sale counter witnessed thin participation.

However, arrivals of White Pea in major markets of Uttar Pradesh had been slowed down.

Supreme Court Hearing on the pulses import case to take place on 29th June.

Total quantity of imported White Pea lying on ports is around 265377 MT. JNPT:84903 MT, Mumbai:63800 MT, Mundra :103824 MT and Chennai :12850 MT.

Total quantity released from various ports is around 553925 MT. JNPT:401901 MT, Mumbai: 50800 MT, Mundra: 98479 and Chennai:2744 Mt.

White Pea ( Prices In Rs / 100Kg )
Market Variety 27-Jun-20 20-Jun-20 13-Jun-20 27-Jun-19
Mumbai Canada 6000 6000 NA 4751
Kolkata Canada NA NA NA 5100
Kanpur 4975-5000 5000-5025 4700 4950-5050
White Pea besan ( Prices In Rs / 50Kg )
Market Variety 27-Jun-20 20-Jun-20 13-Jun-20 27-Jun-19
Mumbai 3525 3525 3600 NA
White Pea Dal ( Prices In Rs / 100Kg )
Market Variety 27-Jun-20 20-Jun-20 13-Jun-20 27-Jun-19
Mumbai 6550 6600 7000 NA


Moong (Jaipur):

Moong prices declined sharply at Rs 6,700-6,750/100Kg in Jaipur market of Rajasthan, as per quality, on summer crop Moong arrivals and limited mill buying for immediate requirement for crushing.

Similarly, summer crop Moong ruled weak in producing centers due to cheaper Mogar quality Moong arrivals from Uttar Pradesh.

Meanwhile, demand and sale counters in processed Moong reported thin participation.

As on June 25, 2020, NAFED has successfully procured 2898.51 MT of Moong at Minimum Support Price of Rs 7,050.

Recent rain will damage the quality of Moong in Madhya Pradesh, Uttar Pradesh and Bihar.

Moong ( Prices In Rs / 100Kg )
Market Variety 27-Jun-20 20-Jun-20 13-Jun-20 27-Jun-19
Jaipur Kharif 6700-6750 7100-7300 7000-7200 5600-6000
Veraval Summer NA NA NA NA
Harda Summer NA 5000-6700 NA 5100-5675
Moong Dal ( Prices In Rs / 100Kg )
Market Variety 27-Jun-20 20-Jun-20 13-Jun-20 27-Jun-19
Jaipur 7600-7700 8100-8200 8100-8200 7200-7300
Gulbarga 9700-9800 9900-10000 9800 7800
Akola NA NA NA 7300-7800


(By Commoditiescontrol Bureau; +91 9820130172)


       
  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 Rated
0.0

   Post comment
Comment :

Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy.
Name :  
Email :  
   

Top | Post Comment  

Latest Special Reports
Weekly: Tur, Chana, Moong, White Pea Biggest Gainers ...
Weekly: Masoor Prices Firm This Week, Tur Weakens amid...
Weekly: Pulses Slip Amid Thin Activity Due to Lockdown...
Weekly: Most Pulses Moved In Narrow Range Due to Thin D...
Prices of Canadian Dry Peas, Lentils Seen Steady-to-Fir...
more
Top 5 News
USD/INR (Aug 20) Consolidating Within an Emerging Do...
Major Changes in State-wise Cotton Acreage; Telangana S...
India Set for 310 Lk Tons of Sugar Output Next Season
USD/INR (Aug 20) Consolidating Below Key Resistance ...
USD/INR (Aug 20) Consolidating Below Key Resistance ...
Top 5 Market Commentary
Australia's Iron Ore Exports to China Falls 17.5%
Russia's Energy Minister Sees No 'Sharp' Decisions by O...
Decision on Cane FRP, Sugar MSP & Buffer Stock Scheme...
Chana Trades Unchanged In Delhi Despite Lower Supplies
BMD CPO Rises During Mid-Session Tracking Rival Oils ...
Copyright © CC Commodity Info Services LLP. All rights reserved.