MUMBAI (Commodities control) – Tur, Urad, Masoor and White Pea moved higher for the week ended 16th January, 2021 amid improved mills’ buying. On the other hand, Chana and moong prices remained weak due to slack millers’ trade, While Kabuli Chana traded mixed on thin trade.
Weekly Highlights
# India's Rabi pulses sowing were up by 2.08% as on January 15 to 162.09 lakh hectare vs 158.79 lakh hectares during the same period last year.
# Production of Masoor in the U.S. is estimated at 7.41 million cwt, up 40% from a year ago. Planted area, at 528,000 acres, is up 9% from last year, while harvested acreage, at 514,000 acres, is up 21% from 2019. The average yield is expected to be 1,442 pounds per acre, up 192 pounds from last year.
# India's trade deficit in goods widened to $15.44 billion in December as imports rose to $42.59 billion, pushed by a surge in gold imports, while merchandise exports were up marginally.
# New Changes in commodity circuit limit from April, 6 per cent limit for agri.
|
Rabi Chana Sowing Up 3.49 % As On Jan 13 Vs Same Period Last Yr (LAKH HA)
|
|
State
|
Area Sown In Lakh Hectare 2020-2021
|
Area Sown In Lakh Hectare 2019-2020
|
|
Rajasthan
|
20.68
|
21.38
|
|
Madhya Pradesh
|
25.73
|
27.38
|
|
Karnataka
|
11.75
|
12.26
|
|
Uttar Pradesh
|
5.85
|
5.87
|
|
Maharashtra
|
23.31
|
20.38
|
|
Andhra Pradesh
|
3.53
|
4.54
|
|
Gujarat
|
8.04
|
3.75
|
|
Chhattisgarh
|
4.23
|
3.92
|
|
Total
|
109.14
|
105.46
|
|
|
|
|
|
Rabi Masoor Sowing Up 2.5 % As On Jan 13 Vs Same Period Last Yr (LAKH HA)
|
|
Madhya Pradesh
|
5
|
4.82
|
|
Uttar Pradesh
|
6
|
6.03
|
|
Bihar
|
2.19
|
2.11
|
|
West Bengal
|
1.52
|
1.53
|
|
Total
|
16.43
|
16.03
|
|
|
|
|
|
Rabi Field Pea Sowing Down 2.39 % As On Jan 13 Vs Same Period Last Yr (LAKH HA)
|
|
Madhya Pradesh
|
2.61
|
2.57
|
|
Uttar Pradesh
|
5.28
|
4.63
|
|
Total
|
10.6
|
10.86
|
|
|
|
|
|
Rabi Urad Sowing Up 6.47 % As On Jan 13 Vs Same Period Last Yr (LAKH HA)
|
|
Andhra Pradesh
|
2.82
|
2.59
|
|
Tamil Nadu
|
2.65
|
2.57
|
|
Odisha
|
1.65
|
1.61
|
|
Total
|
7.57
|
7.11
|
|
|
|
|
|
Rabi Moong Sowing Down 4.21 % As On Jan 13 Vs Same Period Last Yr (LAKH HA)
|
|
Tamil Nadu
|
0.32
|
0.44
|
|
Odisha
|
4.09
|
4.01
|
|
Andhra Pradesh
|
0.6
|
0.77
|
|
Total
|
5.23
|
5.46
|
Burma Lemon Tur:
Tur Lemon variety of Burma-origin traded higher by Rs 200 to Rs 5,800/100Kg, in Mumbai on mill buying and negligible ready stock of Burma origin Tur.
Similarly, domestic variety of Tur gained Rs 100 at Rs 6,100-6,150/100Kg at benchmark market Akola.
Arrivals of new Tur in domestic market continue to be below expectations. New Tur crop was expected to be lesser as compared to last year, due to fewer yields because of wilt attacks and weather concerns.
However, demand and sale counters in Tur dal reported limited action due to less consumption in dal due to availability of cheaper. Demand in dal is likely to improve from mid of February.
Total 2.25-2.50 Lakh tonnes of imported Tur arrived in India from various origin against 4 lakh tonnes import quota given by government. Imported Tur stock yet to be imported is reported to be around 1 Lakh tonne.
Meanwhile government is actively liquidating old procured stock in Karnataka.
Millers and traders in Vidarbha belt of Maharashtra preferred to purchase Tur from Marathwada (Maharashtra) and Karnataka for immediate requirement of crushing as arrivals of new Tur are yet to pick pace. Flow of arrivals are likely to increase after 20th January.
Government procurement is expected to begin in near future at MSP of Rs 6000/100Kg may support Tur prices.
Moreover, less stock of old procured Tur was reported with government agencies.
|
Tur ( Prices In Rs /100Kg )
|
|
Market
|
Variety
|
16-Jan-21
|
09-Jan-21
|
02-Jan-21
|
16-Jan-20
|
|
Mumbai
|
Lemon
|
5800
|
5600
|
5700
|
5000
|
|
Akola
|
Desi Bilty
|
6100-6150
|
6000-6050
|
6050-6100
|
5150-5175
|
|
Gulbarga
|
Desi
|
5800-6000
|
5700-5900
|
5700-5900
|
NA
|
|
|
|
|
|
|
|
|
Tur Dal ( Prices In Rs / 100Kg )
|
|
Market
|
Variety
|
16-Jan-21
|
09-Jan-21
|
02-Jan-21
|
16-Jan-20
|
|
Akola
|
Phatka
|
8600-8800
|
8600-8800
|
8600-8800
|
7900-8100
|
|
Gulbarga
|
Phatka
|
8600-9000
|
8800-9200
|
8600-9000
|
NA
|
|
Katni
|
Phatka
|
8600-8700
|
8500-8600
|
8500-8600
|
7700-7900
|
Burma Urad:
Prices of Burma Urad FAQ variety gained Rs 50 at Rs 7,250/100Kg, in Mumbai, due to selected millers' trade, on immediate requirement for crushing and less imported stock.
Similarly, Burma Urad FAQ-SQ variety in Chennai moved higher each by Rs 100 at Rs 7,350/100Kg and Rs 8,050-8,100, respectively.
However, demand and sale counter in processed Urad witnessed thin activity from wholesale and retail counters.
As per Burma based trader, shipments of around 20,000-25,000 MT of Urad are likely to reach India (Chennai) in January through indirect vessels. No direct vessel have been reported yet.
However, Nafed actively liquidated its procured old Kharif Urad in Madhya Pradesh.
Meanwhile, regular arrivals of Urad reported at Kurnool and Ongole Prakasam districts of Andhra Pradesh.
Krishnur district arrivals of new Urad will begin from February end 2021.
|
Urad ( Prices In Rs / 100Kg )
|
|
Market
|
Variety
|
16-Jan-21
|
09-Jan-21
|
02-Jan-21
|
16-Jan-20
|
|
Mumbai FAQ
|
FAQ
|
7250
|
7200
|
7050-7100
|
7100
|
|
Chennai
|
FAQ
|
7350
|
7250
|
7250
|
NA
|
|
Chennai
|
SQ
|
8050-8100
|
8000
|
7900
|
NA
|
|
Jalgaon
|
Desi
|
7375-7600
|
7350-7550
|
7200-7550
|
7200-7450
|
|
|
|
|
|
|
|
|
Urad Dal ( Prices In Rs / 100Kg )
|
|
Market
|
Variety
|
16-Jan-21
|
09-Jan-21
|
02-Jan-21
|
16-Jan-20
|
|
Mumbai
|
|
9500-10300
|
10300-10400
|
9300-9800
|
9400-9900
|
Chana Kantewala (Indore):
Chana prices declined by Rs 200 at Rs 4,450-4,475/100Kg in Indore on thin mill buying activity.
Demand and sale counter in Chana dal-besan reported dull.
Regular changes in Nafed selling base prices and NCDEX future market pressurised the spot prices.
Moreover, sowing is progressing well and was 3.49% higher at 109.14 lakh Ha on Jan 13 Vs 105.46 lakh Ha in the similar period last year.
Nafed intends to sell the Chana stocks.
New chana is expected to hit spot markets soon.
We expect demand to emerge at lower levels. Key point in favour for higher buying in spot, is that majority of millers are currently at lower end of stocks due to end of season and massive fall in prices.
Tanzania-origin Chana, in Mumbai, slipped Rs 75 at Rs 4,250-4,275/100Kg.
Similarly, Russia and Sudan-origin Kabuli Chickpea prices traded lower by Rs 50-75 each, at Rs 4,375/100Kg and Rs 4,350-4,400, respectively, while dollar variety Chana ruled weak by Rs 200 at Rs 5,800-6,200/100Kg in Indore.
Maharashtra, Andhra Pradesh and Indore origin Kabuli Chickpea remained firm due to local trade activity and also due to crop damage report because of recent rain and weather concerns in Maharashtra, Madhya Pradesh.
|
Chana ( Prices In Rs / 100Kg )
|
|
Market
|
Variety
|
16-Jan-21
|
09-Jan-21
|
02-Jan-21
|
16-Jan-20
|
|
Mumbai
|
Australia
|
NA
|
NA
|
NA
|
NA
|
|
|
Tanzania
|
4250-4275
|
4375
|
4300
|
4300
|
|
|
Burma
|
NA
|
NA
|
NA
|
4050
|
|
Indore
|
Katewala
|
4450-4475
|
4675-4700
|
4600
|
4325-4350
|
|
Delhi
|
Rajasthan origin
|
4625
|
4775
|
4700
|
4550
|
|
Akola
|
|
4425-4450
|
4525-4550
|
4400-4425
|
4325-4350
|
|
Bikaner
|
|
4450
|
4525
|
4400
|
4325
|
|
|
|
|
|
|
|
|
Chana Dal ( Prices In Rs / 100Kg )
|
|
Market
|
Variety
|
16-Jan-21
|
09-Jan-21
|
02-Jan-21
|
16-Jan-20
|
|
Akola
|
|
5500-5800
|
5500-5900
|
5500-5800
|
5100-5600
|
|
Indore
|
|
5500-6000
|
5500-6200
|
5500-6100
|
NA
|
|
Jaipur
|
|
5250
|
5325-5350
|
5150-5175
|
5200
|
|
|
|
|
|
|
|
|
Chana Besan ( Prices In Rs / 50Kg )
|
|
Market
|
Variety
|
16-Jan-21
|
09-Jan-21
|
02-Jan-21
|
16-Jan-20
|
|
Mumbai
|
|
3450
|
3450
|
3425
|
3130
|
|
|
|
|
|
|
|
|
Kabuli Chana ( Prices In Rs / 100Kg )
|
|
Market
|
Variety
|
16-Jan-21
|
09-Jan-21
|
02-Jan-21
|
16-Jan-20
|
|
Indore
|
40-42
|
NA
|
NA
|
NA
|
6700
|
|
|
42-44
|
6500
|
6450
|
6450
|
6500
|
|
|
44-46
|
6350
|
6300
|
6350
|
6300
|
|
|
Dollar
|
5800-6200
|
6000-6400
|
5800-6300
|
5600-6100
|
|
Mumbai
|
Sudan
|
4350-4400
|
4450
|
4550
|
4250
|
|
|
Ethiopia
|
NA
|
NA
|
NA
|
4200
|
|
|
Russia
|
4375
|
4450
|
4450
|
4200
|
|
|
Burma
|
NA
|
NA
|
NA
|
4150
|
Imported Masoor (Mumbai):
Canada crimson variety Masoor along with Australia Masoor in Mumbai gained by Rs 75 each at Rs 5,075-5,200/100Kg and Rs 5,300, respectively on selected millers trade.
Similarly, Canada crimson variety Masoor at Hajira-Mundra port are each up by Rs 100 at Rs 5,075-5,100/100kg, respectively, while at Kandla it was priced Rs 100 higher at Rs 5,050/100Kg.
Availability of imported stock, rise in sowing area this year and slower offtake in Masoor dal will limit the gains.
Moreover, Nafed actively liquidated its procured old Rabi Masoor in Madhya Pradesh.
Sowing is also progressing well and was 2.5% higher at 16.43 lakh Ha on Jan 15 Vs 16.03 lakh Ha in the similar period last year.
Production of Masoor in the U.S. is estimated at 7.41 million cwt, up 40% from a year ago. Planted area, at 528,000 acres, is up 9% from last year, while harvested acreage, at 514,000 acres, is up 21% from 2019.
Vessel M V LEM GERANIUM Carrying 29,350 Tonnes of Canada Masoor Arrived at Mundra Port on 12th January, 2021.
Vessel M V PATRICK carrying 30520 tonnes of Australia Nipper Variety Masoor arrived at Kolkata Port on 30th December, 2020.
|
Masoor ( Prices In Rs / 100Kg )
|
|
Market
|
Variety
|
16-Jan-21
|
09-Jan-21
|
02-Jan-21
|
16-Jan-20
|
|
Mumbai
|
Canada
|
5075-5200
|
5000-5150
|
5075-5100
|
4925
|
|
|
Australia
|
5300
|
5225
|
5275
|
4975
|
|
Mundra
|
Canada
|
5075-5100
|
4975
|
5075
|
4811
|
|
Hajira
|
Canada
|
5075-5100
|
5000
|
5075
|
4725
|
|
Kandla
|
Canada
|
5050
|
4950
|
5050
|
NA
|
|
Kolkata
|
Canada
|
5050-5150
|
5000-5100
|
5000-5100
|
5100
|
|
|
Australia
|
5200-5300
|
5200-5300
|
5200-5350
|
5200
|
|
Indore
|
Desi
|
5100
|
5175-5200
|
5150-5200
|
4950
|
|
Raipur
|
Desi
|
NA
|
NA
|
NA
|
4950
|
|
Kanpur
|
Desi
|
5400
|
5500
|
5500
|
5200
|
|
|
|
|
|
|
|
|
Masoor Dal ( Prices In Rs / 100Kg )
|
|
Market
|
Variety
|
16-Jan-21
|
09-Jan-21
|
02-Jan-21
|
16-Jan-20
|
|
Khopoli
|
|
6150
|
6150
|
6000
|
5800-5850
|
|
Katni
|
|
NA
|
NA
|
NA
|
5575
|
Imported White Pea (Mumbai):
Canada origin White Pea traded higher for the fourth straight week, by Rs 400 at Rs 8,001/100Kg in Mumbai, as per quality, owing to good demand and dwindling supplies after India banned import of the yellow peas.
Even after India's import ban, a lot of yellow peas continued to come to the country illegally from Nepal, and when Nepal too banned import of yellow peas, prices in India shot up.
Consumption of yellow peas is higher in Bihar and West Bengal while cultivation takes place in Uttar Pradesh and Madhya Pradesh.
On the other hand, White Pea prices declined Rs 150 at Rs 6,450/100Kg at Kanpur market on cautious buying activity at higher rates.
Meanwhile, Rabi Field Pea Sowing was Down 2.39 % As On Jan 13 Vs Same Period Last Yr (LAKH HA)
Customs department has not released the imported pulses yet, as the release will contradict government’s existing policy.
|
White Pea ( Prices In Rs / 100Kg )
|
|
Market
|
Variety
|
16-Jan-21
|
09-Jan-21
|
02-Jan-21
|
16-Jan-20
|
|
Mumbai
|
Canada
|
8001
|
7601
|
7501
|
5700
|
|
Kolkata
|
Canada
|
NA
|
7600
|
7500
|
5600-5700
|
|
Kanpur
|
|
6450
|
6600
|
6550
|
6000
|
|
|
|
|
|
|
|
|
White Pea besan ( Prices In Rs / 50Kg )
|
|
Market
|
Variety
|
16-Jan-21
|
09-Jan-21
|
02-Jan-21
|
16-Jan-20
|
|
Mumbai
|
|
4300
|
4200
|
4100
|
3950
|
|
|
|
|
|
|
|
|
White Pea Dal ( Prices In Rs / 100Kg )
|
|
Market
|
Variety
|
16-Jan-21
|
09-Jan-21
|
02-Jan-21
|
16-Jan-20
|
|
Mumbai
|
|
8000
|
7600
|
7500
|
6651
|
Moong (Jaipur):
Moong prices declined by Rs 100 at Rs 7,000-7,500/100Kg at Jaipur market of Rajasthan, as per quality, amid slack mills’ buying at higher rates and ongoing arrivals.
Moreover, demand and sale counters in processed Moong reported slow participation and traded weak Rs 100-200 at Rs 8,100-8,300/100Kg.
As on January 12, 2021, NAFED has successfully procured 11369.25 MT of Moong at Minimum Support Price of Rs 7,196.
In Mumbai, Kenya and Brazil origin Moong traded at Rs 8,000/100Kg and Rs 8,500, respectively.
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
|
16-Jan-21
|
09-Jan-21
|
02-Jan-21
|
16-Jan-20
|
|
Jaipur
|
Kharif
|
7000-7500
|
7500-7600
|
7300-7400
|
7800-8200
|
|
Harda
|
|
5200-8180
|
NA
|
5200-8150
|
7400-7850
|
|
|
|
|
|
|
|
|
Moong Dal ( Prices In Rs / 100Kg )
|
|
Market
|
Variety
|
16-Jan-21
|
09-Jan-21
|
02-Jan-21
|
16-Jan-20
|
|
Jaipur
|
|
8100-8300
|
8300-8400
|
7900-8000
|
9700-9800
|
|
Gulbarga
|
|
9300-9400
|
9400-9500
|
9200-9300
|
NA
|
|
Akola
|
|
NA
|
NA
|
NA
|
8500-9000
|
(By Commodities control Bureau; +91 9820130172)
|
0 Comments 
Post Comment 
