MUMBAI (Commodities control) – Chana, Moong and White Pea moved higher for the week ended 13th November, amid fresh trade activities from traders/millers. Meanwhile, Urad and Masoor traded weak amid slack buying. On the other hand, Kabuli Chana prices were nearly unchanged on limited trade activity, while Tur traded mixed amid thin trade volume.
Weekly Highlights
# DGFT Allocates Import Quota for 1.5 Lk MT Moong Until March 2021.
# India is hopeful of registering close to 28 per cent rise in production of Masoor at around 1.6 million tonnes in 2020-21 backed by a good sowing and favourable weather conditions.
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Pulses Rates On CNF Basis In Burma ($ per metric tonne)
|
|
Commodity
|
Variety
|
12-Nov-20
|
09-Nov-20
|
Change
|
|
Black Matpe (Urad)
|
SQ
|
1035
|
1050
|
-15
|
|
Black Matpe (Urad)
|
FAQ
|
900
|
900
|
0
|
|
|
|
|
|
0
|
|
Pigeon Pea (Tur)
|
Lemon(2020)
|
765
|
770
|
-5
|
|
Pigeon Pea (Tur)
|
Lemon Old
|
720
|
720
|
0
|
|
Pigeon Pea (Tur)
|
Linkely
|
790
|
800
|
-10
|
|
|
|
|
|
|
|
Green Gram (Moong)
|
Pediseva
|
1100
|
1150
|
-50
|
|
Green Gram (Moong)
|
Pokaku
|
1150
|
1120
|
30
|
|
Green Gram (Moong)
|
Annaseva
|
1120
|
1120
|
0
|
|
|
|
|
|
|
|
Chickpea (Chana)
|
V2 Kabuli
|
850
|
850
|
0
|
|
Chickpea (Chana)
|
Hollan
|
850
|
850
|
0
|
|
Chickpea (Chana)
|
V7 Kabuli
|
840
|
840
|
0
|
|
Chickpea (Chana)
|
Mosambi
|
950
|
950
|
0
|
Burma Lemon Tur:
Tur Lemon variety of Burma-origin new weakened by Rs 50/100kg to Rs 6,150/100Kg, in Mumbai, as market sources reveal that Nafed has approved tender bids of approximately 3,400 MT kharif 2019 Tur in Maharashtra on 13th November in range of Rs 6,551-6,571/100Kg.
In the forward trade, commodity was quoted weak to Rs 6,000 for November delivery.
Moreover, demand and sale counter in processed Tur reported thin activity as major markets were closed on the occasion of Diwali.
As per Mumbai APMC market trader, delivery from mills in the range of Rs 10,800-11,200/100Kg against Diwali in forward trade is pending.
On other hand, domestic variety Tur traded higher by Rs 200 to Rs 6,650-6,700/100Kg at benchmark market Akola.
Resellers were sidelined; will actively sell once the price rises.
Buyers are cautious as supplies of around 50,000 tons of Tur are expected to reach India (Chennai port) from Burma, along with 1.5 Lakh tons from Africa.
As per market sources, fluctuation in Tur prices largely depends on Government agency’s approval of Tur tender bids in coming days.
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Tur ( Prices In Rs /100Kg )
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|
Market
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Variety
|
13-Nov-20
|
07-Nov-20
|
31-Oct-20
|
13-Nov-19
|
|
Mumbai
|
Lemon
|
6150
|
6200
|
6500
|
5200
|
|
Akola
|
Desi Bilty
|
6650-6700
|
6450-6500
|
6850-6900
|
5900-5925
|
|
Gulbarga
|
Desi
|
Closed
|
6400-6500
|
NA
|
5700-5800
|
|
|
|
|
|
|
|
|
Tur Dal ( Prices In Rs / 100Kg )
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|
Market
|
Variety
|
13-Nov-20
|
07-Nov-20
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31-Oct-20
|
13-Nov-19
|
|
Akola
|
Phatka
|
9500-9700
|
9400-9600
|
9900-10100
|
8500-8700
|
|
Gulbarga
|
Phatka
|
Closed
|
9200-9600
|
NA
|
8500-8900
|
|
Katni
|
Phatka
|
9500-9600
|
9100-9200
|
9900-10000
|
8400-8600
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Burma Urad:
Price of Burma Urad FAQ new variety fell by Rs 50 at Rs 7,550/100Kg, in Mumbai, due to slack millers' trade, ongoing domestic arrivals and thin offtake in processed Urad despite less imported stock.
Mills are operating at almost 50 per cent capacity because demand has declined. Bulk purchases from hotels, eateries and for weddings halved this season. The drop in demand is very significant this season forcing processing units to cut down.
On the other hand, Burma Urad FAQ/SQ varieties in Chennai traded flat at Rs 7,750/100Kg and Rs 8,750, respectively.
As per Burma based trader, around 20-25 containers of Urad FAQ have been traded for India (Chennai) at $840-$845 per metric ton on FOB basis against December payment condition.
Sentiments are still under pressure as Government has taken several steps towards cooling off the prices--by giving import quota, liquidating old procured stock and releasing buffer stock at subsidised rates to the states for retail sale.
As per the notification each eligible and verified importer shall be allowed to import 97 MTs approximately. Some millers and importers have started getting licenses from government. But buyers aren’t interested in importing.
The government has entered a five-year MoU with Myanmar for imports of 2.5 lakh tons of urad.
As per market view, prices are likely to get support due to no overseas supply pressure, damage to yield and quality of domestic Urad, limited carry over stock with government/private traders.
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Urad ( Prices In Rs / 100Kg )
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|
Market
|
Variety
|
13-Nov-20
|
07-Nov-20
|
31-Oct-20
|
13-Nov-19
|
|
Mumbai FAQ
|
FAQ
|
7550
|
7600
|
7700
|
7600
|
|
Chennai
|
FAQ
|
7750
|
7750
|
7800-7850
|
7700
|
|
Chennai
|
SQ
|
8750
|
8750
|
8900
|
8650
|
|
Jalgaon
|
Desi
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Closed
|
7450-7850
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7450-7875
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7450-8000
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|
|
|
|
|
|
|
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Urad Dal ( Prices In Rs / 100Kg )
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|
Market
|
Variety
|
13-Nov-20
|
07-Nov-20
|
31-Oct-20
|
13-Nov-19
|
|
Mumbai
|
|
9800-10500
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9800-10500
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9800-10500
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10200-10300
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Chana Kantewala (Indore):
Chana prices moved higher by Rs 75 at Rs 5,250-5,275/100Kg in Indore, amid mill buying activity and declining stocks with NAFED.
Prices are trading firm on depleting stocks with millers and stockists amid steady rise in demand. Supply market was expecting a bargain buy from Nafed tenders but instead the agency is not letting go off the stocks at lower prices and by far have rejected all incoming bids.
Chana prices are on solely dependent on Nafed tenders.
Moreover, Nafed’s announcement for sale of chana From Jaipur, Indore & Ahmedabad past week has been kept on hold due to impending requirement of buffer & Other Schemes. Chana sales will continue in Maharashtra, Karnataka, and AP & Telangana.
Chana dal and besan demand has, reportedly, been improving in major consumption markets.
Tanzania-origin Chana, in Mumbai, gained Rs 25 at Rs 5,075/100Kg.
On other hand, Sudan and Russia-origin Kabuli Chickpea was unchanged, each, at Rs 5,250 and Rs 5,150, respectively.
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Chana ( Prices In Rs / 100Kg )
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|
Market
|
Variety
|
13-Nov-20
|
07-Nov-20
|
31-Oct-20
|
13-Nov-19
|
|
Mumbai
|
Australia
|
NA
|
NA
|
NA
|
4375
|
|
|
Tanzania
|
5075
|
5050
|
5150
|
4351
|
|
|
Burma
|
NA
|
NA
|
NA
|
4300
|
|
Indore
|
Katewala
|
5250-5275
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5175-5200
|
5200-5225
|
4450
|
|
Delhi
|
Rajasthan origin
|
5300-5325
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5250-5260
|
5325
|
4650
|
|
Akola
|
|
5275-5300
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5175-5200
|
5325-5350
|
4550-4575
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Bikaner
|
|
5100
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5100-5125
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5150
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4450
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|
|
|
|
|
|
|
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Chana Dal ( Prices In Rs / 100Kg )
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|
Market
|
Variety
|
13-Nov-20
|
07-Nov-20
|
31-Oct-20
|
13-Nov-19
|
|
Akola
|
|
6200-6700
|
6000-6800
|
6200-6800
|
5100-5700
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|
Indore
|
|
6300-6800
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6200-6600
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6400-6800
|
NA
|
|
Jaipur
|
|
6175-6200
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6125-6150
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6225
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5450-5500
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|
|
|
|
|
|
|
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Chana Besan ( Prices In Rs / 50Kg )
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|
Market
|
Variety
|
13-Nov-20
|
07-Nov-20
|
31-Oct-20
|
13-Nov-19
|
|
Mumbai
|
|
3775
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3725
|
3750
|
3160
|
|
|
|
|
|
|
|
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Kabuli Chana ( Prices In Rs / 100Kg )
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|
Market
|
Variety
|
13-Nov-20
|
07-Nov-20
|
31-Oct-20
|
13-Nov-19
|
|
Indore
|
40-42
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NA
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NA
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NA
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6500
|
|
|
42-44
|
Closed
|
6900
|
7050
|
6300
|
|
|
44-46
|
Closed
|
6750
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6900
|
6250
|
|
|
Dollar
|
Closed
|
6000-6600
|
6300-7000
|
5500-6300
|
|
Mumbai
|
Sudan
|
5251
|
5250
|
5350
|
4400
|
|
|
Ethiopia
|
NA
|
NA
|
NA
|
4325
|
|
|
Russia
|
5150
|
5150
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5250
|
4300
|
|
|
Burma
|
NA
|
NA
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NA
|
4400
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Imported Masoor (Mumbai):
Canada crimson variety and Australia-origin Masoor in Mumbai widened losses by Rs 25 at Rs 5,100-5,175/100Kg and Rs 5,275, respectively in Mumbai.
Similarly, Canada crimson variety Masoor at Mundra and Hazira port also fell Rs 25 each at Rs 5,100/100kg, respectively.
Moreover, availability of imported raw and processed Masoor stocks at cheaper rates, slower offtake in processed Masoor and expectations of more imports due to extension of 10% Concessional Duty to 31st December, 2020 has dampened the sentiments.
Masoor production may rise as compared to previous year due to good sowing and favourable weather conditions.
Vessel M V NORD BERING carrying 38,000 tonnes of Canada Masoor arrived at Kakinada Port on 31st October, 2020.
Vessel M V Star Crios carrying 38,000 tonnes of Masoor from Canada is likely to reach India (Mundra) in near future.
As per market sources, Vessel M.V. Darya Jaya and M.V. Aragona carrying Masoor from Canada is likely to reach India.
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Masoor ( Prices In Rs / 100Kg )
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|
Market
|
Variety
|
13-Nov-20
|
07-Nov-20
|
31-Oct-20
|
13-Nov-19
|
|
Mumbai
|
Canada
|
5100-5175
|
5125-5200
|
5100-5225
|
4200-4325
|
|
|
Australia
|
5275
|
5275-5300
|
5325
|
4350
|
|
Mundra
|
Canada
|
5100
|
5125
|
5050
|
NA
|
|
Hajira
|
Canada
|
5100
|
5125
|
5100
|
NA
|
|
Kolkata
|
Canada
|
5250-5350
|
5300-5400
|
5250-5350
|
4650
|
|
|
Australia
|
5400-5600
|
5500-5650
|
5400-5600
|
4650
|
|
Indore
|
Desi
|
5200-5250
|
5250-5300
|
5300
|
4450-4500
|
|
Raipur
|
Desi
|
5300
|
5300-5350
|
5400-5450
|
4650
|
|
Kanpur
|
Desi
|
5725
|
5650
|
5725
|
4700
|
|
|
|
|
|
|
|
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Masoor Dal ( Prices In Rs / 100Kg )
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|
Market
|
Variety
|
13-Nov-20
|
07-Nov-20
|
31-Oct-20
|
13-Nov-19
|
|
Khopoli
|
|
6350
|
6350
|
6350
|
5350-5400
|
|
Katni
|
|
NA
|
NA
|
NA
|
5250-5275
|
Imported White Pea (Mumbai):
White Pea prices gained for the third straight week by Rs 100 to Rs 6,750/100Kg at Kanpur market on selected demand from local and outstation markets, for graded quality White Pea.
Similarly, Canada origin White Pea traded higher by Rs 275 to Rs 6,501/100Kg in Mumbai, as per quality.
On the other hand, price of White pea, besan and dal remained steady at Rs 3,850/100Kg and Rs 7,000, respectively amid limited buying despite shortage.
Moreover, crushing of White Pea for making dal and besan by mills was less interesting, due to unavailability of White Pea. Major Mills have halted their crushing activity in White Pea.
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White Pea ( Prices In Rs / 100Kg )
|
|
Market
|
Variety
|
13-Nov-20
|
07-Nov-20
|
31-Oct-20
|
13-Nov-19
|
|
Mumbai
|
Canada
|
6501
|
6225
|
6200
|
4751
|
|
Kolkata
|
Canada
|
6850
|
NA
|
NA
|
5100
|
|
Kanpur
|
|
6750
|
6650
|
6500
|
5050
|
|
|
|
|
|
|
|
|
White Pea besan ( Prices In Rs / 50Kg )
|
|
Market
|
Variety
|
13-Nov-20
|
07-Nov-20
|
31-Oct-20
|
13-Nov-19
|
|
Mumbai
|
|
3850
|
3850
|
3900
|
3100
|
|
|
|
|
|
|
|
|
White Pea Dal ( Prices In Rs / 100Kg )
|
|
Market
|
Variety
|
13-Nov-20
|
07-Nov-20
|
31-Oct-20
|
13-Nov-19
|
|
Mumbai
|
|
7000
|
7000
|
7100
|
5600
|
Moong (Jaipur):
Moong prices were priced firm by Rs 100 at Rs 7,800-7,900/100Kg in Jaipur market of Rajasthan, as per quality, amid mill buying on immediate requirement for crushing.
On other hand, processed Moong was unchanged at Rs 8,400-8,500/100Kg due to thin participation at demand and sale counters consumption centres as major markets closed on the occasion of Diwali.
The Directorate General of Foreign trade (DGFT) has allotted quota for import of 1.5 Lakh MTs of moong for the fiscal year 2020-21, until 31st March 2021.
Meanwhile, Government procurement of new Kharif Moong, at MSP, is snail-paced as good quality Moong prices traded above MSP of Rs 7,196 in spot markets.
Millers are interested in purchase of good quality moong for immediate requirement for crushing and polishing.
Arrivals and supplies stocked in godowns, meanwhile, are enough to offset current requirements.
|
Moong ( Prices In Rs / 100Kg )
|
|
Market
|
Variety
|
13-Nov-20
|
07-Nov-20
|
31-Oct-20
|
13-Nov-19
|
|
Jaipur
|
Kharif
|
7800-7900
|
7700-7800
|
7700-7800
|
6200-6500
|
|
Harda
|
Summer
|
Closed
|
5500-8150
|
NA
|
6400-6850
|
|
|
|
|
|
|
|
|
Moong Dal ( Prices In Rs / 100Kg )
|
|
Market
|
Variety
|
13-Nov-20
|
07-Nov-20
|
31-Oct-20
|
13-Nov-19
|
|
Jaipur
|
|
8400-8500
|
8400-8500
|
8400-8500
|
8400
|
|
Gulbarga
|
|
Closed
|
9100-9200
|
NA
|
9200
|
|
Akola
|
|
NA
|
NA
|
NA
|
7500-8000
|
|
Nafed Procured Moong As On 11 Nov, 2020
|
|
State
|
MT
|
|
Tamil Nadu
|
46.35
|
|
Haryana
|
1030.65
|
|
Maharashtra
|
281.85
|
|
Rajasthan
|
1549.44
|
|
Total
|
2908.29
|
(By Commodities control Bureau; +91 9820130172)
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