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Weekly: Tur, Urad & Chana Plunge The Most This Week

21 Dec 2020 10:08 am
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MUMBAI (Commodities control) – Tur, Urad, Chana and Masoor declined for the week ended 19th December amid dull mill buying activity. Meanwhile Kabuli Chickpea traded mixed amid thin trade volume and Moong prices were firm this week, on fresh buying. On the other hand, white pea prices were mostly unchanged.

Weekly Highlights

#India's Rabi pulses sowing were up by 6.66% as on December 18 to 140.89 lakh hectare vs 132.09 lakh hectares during the same period last year.
# Karnataka Government to Procure 20 Qtls of Tur from Each Farmer under MSP of Rs 6000 from Jan 1 to 30.
# Major markets in Karnataka were closed due to traders protest as state government increased APMC cess from 0.35% to 1%.
# Severe Cold in North-West, Central India may Trigger Ground Frost.

Rabi Chana Sowing Up 10.11 % As On Dec 16 Vs Same Period Last Yr (LAKH HA)
State Area Sown In Lakh Hectare 2020-2021 Area Sown In Lakh Hectare 2019-2020
Rajasthan 20.14 20.27
Madhya Pradesh 24.84 25.88
Karnataka 10.49 10.75
Uttar Pradesh 5.79 5.86
Maharashtra 18.59 13.4
Andhra Pradesh 3.06 4.03
Gujarat 7.47 2.75
Chhattisgarh 3.11 2.33
Total 97.99 88.99
Rabi Masoor Sowing Up 4.72 % As On Dec 16 Vs Same Period Last Yr (LAKH HA)
Madhya Pradesh 4.9 4.58
Uttar Pradesh 5.92 5.98
Bihar 1.8 1.73
West Bengal 1.41 1.28
Total 15.31 14.62
Rabi Field Pea Sowing Down 2.59 % As On Dec 16 Vs Same Period Last Yr (LAKH HA)
Madhya Pradesh 2.54 2.49
Uttar Pradesh 5.15 4.58
Total 9.78 10.04
Rabi Urad Sowing Down 3.63 % As On Dec 16 Vs Same Period Last Yr (LAKH HA)
Andhra Pradesh 0.93 1.11
Tamil Nadu 2.27 2.43
Odisha 0.94 0.87
Total 4.51 4.68
Rabi Moong Sowing Up 17.92 % As On Dec 16 Vs Same Period Last Yr (LAKH HA)
Tamil Nadu 0.3 0.4
Odisha 1.43 0.88
Total 2.04 1.73


Burma Lemon Tur:

Tur Lemon variety of Burma-origin extended fall by Rs 200 to Rs 5,500/100Kg, in Mumbai.

Similarly, domestic variety Tur widened losses by Rs 500 to Rs 5,700-5,800/100Kg at benchmark market Akola due to ongoing new domestic arrivals, thin buying from millers, as demand and sale counters in processed Tur reported slack activity.

Quality of new Tur arrived was reported to be average with moisture-content around 13-18 percent.

Overseas supply from various origins are available at cheaper rates and government agencies are liquidating old procured Tur stock at lower rates in Maharashtra. This dampened the sentiments even more.
Moreover, millers from Maharashtra, Chhattisgarh and Madhya Pradesh actively purchased new Tur on immediate requirement for crushing.

Meanwhile, stockiest are sidelined in anticipation that prices may decline further on arrivals pressure in near future.

As per market view, meanwhile, farmers were bringing average quality and moisture-laden stock in the market. However they refrained from liquidating good quality stock at lower rates as MSP of Tur is Rs 6,000/100Kg.

Tur ( Prices In Rs /100Kg )
Market Variety 19-Dec-20 12-Dec-20 05-Dec-20 19-Dec-19
Mumbai Lemon 5500 5700 5750-5800 4900
Akola Desi Bilty 5700-5800 6250-6300 6400-6450 5375-5400
Gulbarga Desi Closed 6100-6300 6300-6400 5000-5150
Tur Dal ( Prices In Rs / 100Kg )
Market Variety 19-Dec-20 12-Dec-20 05-Dec-20 19-Dec-19
Akola Phatka 8700-8900 9100-9300 9300-9500 7800-7900
Gulbarga Phatka Closed 8800-9200 8800-9200 8000-8400
Katni Phatka 8700-8800 9400-9500 9400-9500 7700-7900

Burma Urad:

Price of Burma Urad FAQ variety declined Rs 150 at Rs 7,050-7,100/100Kg, in Mumbai, due to dull millers' trade amid sluggish offtake in processed Urad, despite less imported stock.

Similarly, Burma Urad FAQ-SQ varieties in Chennai traded lower each by Rs 150 at Rs 7,300/100Kg and Rs 8,000, respectively.

Meanwhile, regular arrivals of Urad were reported at Kurnool district of Andhra Pradesh.

As per Burma based local trader, buyers from India were inactive due to higher container charges.

Arrivals of new Urad began in surrounding areas of Ongole, Prakasam district. Arrivals are expected to pick up pace soon.

Urad arrivals are likely to begin after mid of January, 2021 at Nellore district. Krishnur district arrivals will begin from February end 2021.

Nafed actively liquidated its procured Urad in Madhya Pradesh.

Urad ( Prices In Rs / 100Kg )
Market Variety 19-Dec-20 12-Dec-20 05-Dec-20 19-Dec-19
Mumbai FAQ FAQ 7050-7100 7200 7300 7500
Chennai FAQ 7300 7450 7600-7650 7750
Chennai SQ 8000 8150 8450 8350
Jalgaon Desi 7225 7250-7550 7300-7500 7350-7850
Urad Dal ( Prices In Rs / 100Kg )
Market Variety 19-Dec-20 12-Dec-20 05-Dec-20 19-Dec-19
Mumbai 9300-9800 9500-10000 9500-10000 NA


Chana Kantewala (Indore):

Chana prices extended fall by Rs 25 at Rs 4,775-4,800/100Kg in Indore amid thin mills’ buying activity, as demand and sale counter in dal-besan reported dull participation.

Major weakness in rival tur prices pressurised the sentiments in Chana prices.

Moreover, Chana sowing for the rabi season is going up at rampant pace as of 16th Dec, Chana sowing is completed for 97.99 lakh Ha, 10.11% higher than last year 88.99% for similar time period.

However there’s two months go before arrivals start trickling in.

Tanzania-origin Chana, in Mumbai, widened losses by Rs 175 at Rs 4,475/100Kg.

Similarly, Russia and Sudan-origin Kabuli Chickpea was also down by Rs 150-200 each, at Rs 4,601 and Rs 4,650 respectively.

Dollar variety Chana ruled unchanged at Rs 6,000-6,400/100Kg in Indore on limited buying.

Chana ( Prices In Rs / 100Kg )
Market Variety 19-Dec-20 12-Dec-20 05-Dec-20 19-Dec-19
Mumbai Australia NA NA NA 4250
Tanzania 4475 4650-4675 4675-4700 4250
Burma NA NA NA 4100
Indore Katewala 4775-4800 4800-4825 4950 4400
Delhi Rajasthan origin 4800-4825 4925 4950 4550
Akola 4600-4625 4700-4750 4775-4800 4375-4400
Bikaner 4600-4625 4650 4825-4850 4370
Chana Dal ( Prices In Rs / 100Kg )
Market Variety 19-Dec-20 12-Dec-20 05-Dec-20 19-Dec-19
Akola 5500-6000 5800-6300 5900-6400 5000-5600
Indore 5800-6400 6300-6600 6300-6600 NA
Jaipur 5400-5425 5575 5675-5700 5250
Chana Besan ( Prices In Rs / 50Kg )
Market Variety 19-Dec-20 12-Dec-20 05-Dec-20 19-Dec-19
Mumbai 3511 3550 3600 NA
Kabuli Chana ( Prices In Rs / 100Kg )
Market Variety 19-Dec-20 12-Dec-20 05-Dec-20 19-Dec-19
Indore 40-42 NA NA NA 6700
42-44 6550 6500 6450 6500
44-46 6400 6350 6300 6300
Dollar 6000-6400 6000-6400 6000-6300 5500-6500
Mumbai Sudan 4650 4850-4875 4900 4225
Ethiopia NA NA NA 4200
Russia 4601 4750-4775 4800 4150
Burma NA NA NA 4250


Imported Masoor (Mumbai):

Canada crimson variety and Australia-origin Masoor in Mumbai widened losses by Rs 25 at Rs 4,821-4,925/100Kg and Rs 5,025, respectively in Mumbai.

Similarly, Canada crimson variety Masoor at Hazira port also declined by Rs 30 at Rs 4,821/100kg, while at Mundra and Kandla, it was priced at Rs 4,801-4,811/100Kg, each.

Availability of imported raw and processed Masoor stocks, thin offtake in processed Masoor pressurised the sentiments.

Moreover, Sowing is progressing well and was 4.72% higher at 15.31 lakh Ha on Dec 18 Vs 14.62 lakh Ha in the similar period last year amid favourable weather conditions.

Vessel M V DORIC VICTORY carrying 24875 tonnes of Canada Masoor arrived at Hazira port.

Vessel M V ARAGONA carrying around 24,000 MT Masoor from Canada is arrived at Kolkata port.

Another vessel M V DARYA JAYA carrying around 30,000 Mt Masoor from Canada arrived at Kolkata port.

Masoor ( Prices In Rs / 100Kg )
Market Variety 19-Dec-20 12-Dec-20 05-Dec-20 19-Dec-19
Mumbai Canada 4821-4925 4850-4950 4900-4950 4650-4675
Australia 5025 5025 5050 4750
Mundra Canada 4801-4811 4825 4875 4550
Hajira Canada 4821 4850 4900 4425
Kandla Canada 4801-4811 4825 4875 NA
Kolkata Canada 4900-5025 4950-5150 5025-5100 4850
Australia 5100-5200 5100-5200 5200-5300 4950
Indore Desi 4900-4950 5000 5050 4700
Raipur Desi NA NA 5100 4800
Kanpur Desi 5400 5375 5500 4950
Masoor Dal ( Prices In Rs / 100Kg )
Market Variety 19-Dec-20 12-Dec-20 05-Dec-20 19-Dec-19
Khopoli 6000 6000 6100 NA
Katni NA NA NA 5375-5400


Imported White Pea (Mumbai):

White Pea prices remained unchanged at Rs 6,750/100Kg at Kanpur market on limited trade activity at lower rates.

Similarly, Canada origin White Pea traded flat at Rs 6,711-6,721/100Kg in Mumbai, as per quality.

However, rabi Field Pea Sowing was down 2.59 % as on Dec 16 Vs Same Period Last Yr (LAKH HA).

Customs department has not released the imported pulses yet, as the release will contradict the government’s existing policy.

Price of White pea, besan and dal remained flat at Rs 3,800/100Kg and Rs 6,800, respectively amid thin 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.

White Pea ( Prices In Rs / 100Kg )
Market Variety 19-Dec-20 12-Dec-20 05-Dec-20 19-Dec-19
Mumbai Canada 6711-6721 6725 6671 NA
Kolkata Canada 7000 7100 7000 NA
Kanpur 6750 6750 6650 5250
White Pea besan ( Prices In Rs / 50Kg )
Market Variety 19-Dec-20 12-Dec-20 05-Dec-20 19-Dec-19
Mumbai 3800 3800 3800 NA
White Pea Dal ( Prices In Rs / 100Kg )
Market Variety 19-Dec-20 12-Dec-20 05-Dec-20 19-Dec-19
Mumbai 6800 6800 6800 NA


Moong (Jaipur):

Moong prices remained firm at Rs 7,400/100Kg at Jaipur market of Rajasthan, as per quality, amid mill buying of superior quality and ongoing arrivals.

Moreover, demand and sale counters in processed Moong reported good participation.

As on December 16, 2020, NAFED has successfully procured 8545.5 MT of Moong at Minimum Support Price of Rs 7,196.

Millers were processing average quality moong for government dal tender for PDS distribution. Arrivals and supplies stocked in godowns, meanwhile, are enough to offset current requirements.

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.

Moong ( Prices In Rs / 100Kg )
Market Variety 19-Dec-20 12-Dec-20 05-Dec-20 19-Dec-19
Jaipur Kharif 7400 7300-7400 7400-7500 6800-7100
Harda Summer 5000-8250 NA 5000-8000 6600-7100
Moong Dal ( Prices In Rs / 100Kg )
Market Variety 19-Dec-20 12-Dec-20 05-Dec-20 19-Dec-19
Jaipur 8000 7900-8000 7900-8000 8600
Gulbarga Closed 8800-9000 8800-9000 8700
Akola NA NA NA 7300-7800


(By Commodities control Bureau; +91 9820130172)

       
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