MUMBAI (Commodities control) – Major pulses, such as Urad, Chana, Moong and Masoor slipped for the week ended 30th January amid slack mill buying activity. Only Tur prices extended gains on further buying. Weekly Highlights # India's Rabi pulses’ sowing was up by 2.77% as on January 29 to 167.38 lakh hectare vs 162.87 lakh hectare during the same period last year. # Above Normal Rain Likely for India, Global Agencies See Strong Start to Monsoon 2021. # Farmers Relieved As Tur Trades Above MSP in Maharashtra, Chana Growers Worried Though.
Rabi Chana Sowing Up 4.37 % As On Jan 27 Vs Same Period Last Yr (LAKH HA)
State
Area Sown In Lakh Hectare 2020-2021
Area Sown In Lakh Hectare 2019-2020
Rajasthan
21.24
21.38
Madhya Pradesh
25.75
27.38
Karnataka
11.75
12.26
Uttar Pradesh
5.85
5.87
Maharashtra
24.53
21.79
Andhra Pradesh
4.12
4.56
Gujarat
8.19
3.78
Chhattisgarh
4.37
4.11
Total
112
107.31
Rabi Masoor Sowing Up 2.54 % As On Jan 27 Vs Same Period Last Yr (LAKH HA)
Madhya Pradesh
5
4.82
Uttar Pradesh
6
6.03
Bihar
2.25
2.11
West Bengal
1.53
1.56
Total
16.54
16.13
Rabi Field Pea Sowing Down 2.55 % As On Jan 27 Vs Same Period Last Yr (LAKH HA)
Madhya Pradesh
2.61
2.57
Uttar Pradesh
5.28
4.63
Total
10.69
10.97
Rabi Urad Sowing Up 7.29 % As On Jan 27 Vs Same Period Last Yr (LAKH HA)
Andhra Pradesh
3.18
2.76
Tamil Nadu
2.65
2.57
Odisha
1.77
1.83
Total
8.09
7.54
Rabi Moong Sowing Down 1.05 % As On Jan 27 Vs Same Period Last Yr (LAKH HA)
Tamil Nadu
0.32
0.44
Odisha
5.16
5.07
Andhra Pradesh
0.82
0.87
Total
6.59
6.66
Burma Lemon Tur: Tur Lemon variety of Burma-origin extended gains by Rs 25-50 to Rs 5,975-6,000/100Kg in Mumbai, on improved mill buying. Similarly, domestic variety of Tur moved higher by Rs 125 at Rs 6,250-6,275/100Kg at benchmark market Akola. However Tur dal prices are yet to witness improvement as compared with raw Tur, as demand and sale counters in Tur dal reported thin action due to less consumption in dal.The price rally is mainly stockists’-driven, as they are accumulating supplies in anticipation of a shortage due to lower than expected yields. Traders and farmers attribute the crop loss to unseasonal rains. Per acre yield of the crop, which is normally in the range of 6-7 quintals, has now dipped to 3-4 quintals. As per market sources, Nafed has stopped selling Tur from 30th January, 2021 onwards.Nafed holding Tur stock around 1,34,500 MT as on 7th January. Government procurement of tur is likely to receive poor response as farmers prefer to offload their produce in open markets than at the government procurement centers. Farmers are holding on to their produce in hope of better realisation in open markets. Market participants are still in anticipation of rising arrivals in Vidarbha (Maharashtra) from February 1st week. Prices may get further support if arrivals’ pace does not pick up in coming days.
Tur ( Prices In Rs /100Kg )
Market
Variety
30-Jan-21
23-Jan-21
16-Jan-21
30-Jan-20
Mumbai
Lemon
5975-6000
5950
5800
4850
Akola
Desi Bilty
6250-6275
6125-6150
6100-6150
4975-5000
Gulbarga
Desi
5900-6200
5900-6100
5800-6000
4600-4900
Tur Dal ( Prices In Rs / 100Kg )
Market
Variety
30-Jan-21
23-Jan-21
16-Jan-21
30-Jan-20
Akola
Phatka
8600-8700
8600-8800
8600-8800
7600-7700
Gulbarga
Phatka
8700-9100
8800-9200
8600-9000
7400-7800
Katni
Phatka
8700-8800
8600-8700
8600-8700
7500-7600
Burma Urad: Prices of Burma Urad FAQ variety remained steady at Rs 7,525/100Kg in Mumbai, due to limited millers' trade activity against less imported stock. On other hand, Burma Urad FAQ-SQ varieties in Chennai felleach by Rs 150 at Rs 7,450/100Kg and Rs 8,450, respectively. Ready stock of Urad in Chennai was around 12,000-15,000 MT. Moreover, demand and sale counter in processed Urad was slack at higher rates from wholesale and retail counters. In Burma, Urad FAQ-SQ varieties ruled weak due to slack trade activity from local and overseas. India buyers interested to purchase at lower rates. Meanwhile, charges of containers are higher due to shortage. Ongoing arrivals of Urad reported at Kurnool, Ongole Prakasam and Nellore districts of Andhra Pradesh. Krishnur district arrivals of new Urad will begin from February end 2021. However damage to urad crops in Andhra Pradesh-Tamil Nadu and no overseas supply pressure is likely to support Urad prices in near future.
Urad ( Prices In Rs / 100Kg )
Market
Variety
30-Jan-21
23-Jan-21
16-Jan-21
30-Jan-20
Mumbai FAQ
FAQ
7525
7525
7250
7000
Chennai
FAQ
7450
7600
7350
7200
Chennai
SQ
8450
8600
8050-8100
7900-7950
Jalgaon
Desi
7600-8050
7600-8000
7375-7600
6975-7450
Urad Dal ( Prices In Rs / 100Kg )
Market
Variety
30-Jan-21
23-Jan-21
16-Jan-21
30-Jan-20
Mumbai
9900-10900
9900-10900
9500-10300
9300-9800
Chana Kantewala (Indore): Chana prices ruled weak by Rs 50 at Rs 4,600/100Kg in Indore on thin mills’ buying activity. Chana dal and besan demand is quite dull to create any movement from current price levels. Lack of seasonal demand due to pandemic is the prime season. Moreover, standing crops look stable, backed by weather in key crop regions. It has increased the probability of higher crop output this season. Chana growers are concerned as the pulse continues to trade below its MSP of Rs 5,100/100Kg. Arrivals have already started; the pulse is now trading at Rs 4,400/100Kg as against its MSP of Rs 5,100/100Kg. Government needs to speed up its plans for chana procurement, otherwise the farmers will not be able to realise MSP for their produce. Nafed sees to sell its Chana stocks.As per market sources, Nafed is holding Chana stocks of around 13,10,421 MT, as on 7th January. Tanzania-origin Chana, in Mumbai, slipped Rs 125 at Rs 4,225/100Kg. Similarly, Russia and Sudan-origin Kabuli Chickpea prices traded lower by Rs 100-125 each, at Rs 4,350-4,375/100Kg and Rs 4,250-4,450, respectively, while dollar variety Chana ruled unchanged at Rs 5,800-6,200/100Kg in Indore. With good crop conditions, approaching arrivals season and reduced demand, Chana prices are likely to be under pressure.
Chana ( Prices In Rs / 100Kg )
Market
Variety
30-Jan-21
23-Jan-21
16-Jan-21
30-Jan-20
Mumbai
Australia
NA
NA
NA
NA
Tanzania
4225
4350
4250-4275
4050-4100
Burma
NA
NA
NA
3900
Indore
Katewala
4600
4600-4650
4450-4475
4100-4125
Delhi
Rajasthan origin
4675
4750-4775
4625
4300
Akola
4425-4450
4475-4500
4425-4450
4050-4075
Bikaner
4500
4500-4525
4450
4075
Chana Dal ( Prices In Rs / 100Kg )
Market
Variety
30-Jan-21
23-Jan-21
16-Jan-21
30-Jan-20
Akola
5500-5800
5400-5800
5500-5800
4800-5400
Indore
5500-5900
5500-6100
5500-6000
NA
Jaipur
5250
5325-5350
5250
NA
Chana Besan ( Prices In Rs / 50Kg )
Market
Variety
30-Jan-21
23-Jan-21
16-Jan-21
30-Jan-20
Mumbai
3400
3450
3450
3040
Kabuli Chana ( Prices In Rs / 100Kg )
Market
Variety
30-Jan-21
23-Jan-21
16-Jan-21
30-Jan-20
Indore
40-42
NA
NA
NA
6400
42-44
6600
6500
6500
6200
44-46
6450
6350
6350
6100
Dollar
5800-6200
5800-6200
5800-6200
5500-6000
Mumbai
Sudan
4250-4450
4375-4525
4350-4400
4100
Ethiopia
NA
NA
NA
4000
Russia
4350-4375
4450
4375
4050
Burma
NA
NA
NA
3950
Imported Masoor (Mumbai): Canada crimson variety Masoor along with Australia Masoor in Mumbai widened losses by Rs 25-75 each at Rs 4,950-5,075/100Kg and Rs 5,175, respectively as millers refrained from purchasing at prevailing rates. Similarly, Canada crimson variety Masoor at Hajira-Mundra port are each down by Rs 50-75 at Rs 4,925/100kg, respectively, while at Kandla it was priced lower by Rs 75 at Rs 4,875/100Kg. Availability of imported stocks, rise in sowing area this year and slow offtake in Masoor dal will keep prices under pressure. Hike in minimum support prices of Masoor from Rs 4.800/100Kg to Rs 5100 for 2020-21 has been the major factor behind improved sowing in the key producing states. Arrivals of new Masoor witnessed at Pachore, Mandsaur and Pratapgarh market. Given further rise in the arrival of new crop, Masoor may witness drop in its prices. However, no overseas supplies are expected hereon, due to higher parity as import duty is revised back to 30 per cent from 10 per cent.
Masoor ( Prices In Rs / 100Kg )
Market
Variety
30-Jan-21
23-Jan-21
16-Jan-21
30-Jan-20
Mumbai
Canada
4950-5075
5025-5100
5075-5200
4950
Australia
5175
5200
5300
5000
Mundra
Canada
4925
4975-5000
5075-5100
4700
Hajira
Canada
4925
5000
5075-5100
4650
Kandla
Canada
4875
4950
5050
NA
Kolkata
Canada
4900-5050
4950-5100
5050-5150
4950-5000
Australia
5050-5150
5100-5200
5200-5300
5000-5025
Indore
Desi
4950
5100-5150
5100
4800-4850
Raipur
Desi
NA
NA
NA
4800-4850
Kanpur
Desi
5100
5350
5400
4900
Masoor Dal ( Prices In Rs / 100Kg )
Market
Variety
30-Jan-21
23-Jan-21
16-Jan-21
30-Jan-20
Khopoli
6150
6150
6150
5750-5800
Katni
NA
NA
NA
5450
Moong (Jaipur): Moong prices remained weak at Rs 6,800-7,100/100Kg at Jaipur market of Rajasthan, as per quality, amid slack mills’ buying and ongoing arrivals. Moreover, demand and sale counters in processed Moong reported slow participation and traded weak at Rs 7,700-7,800/100Kg. 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
30-Jan-21
23-Jan-21
16-Jan-21
30-Jan-20
Jaipur
Kharif
6800-7100
7100-7600
7000-7500
NA
Harda
5200-8150
NA
5200-8180
NA
Moong Dal ( Prices In Rs / 100Kg )
Market
Variety
30-Jan-21
23-Jan-21
16-Jan-21
30-Jan-20
Jaipur
7700-7800
8100-8200
8100-8300
NA
Gulbarga
9300-9400
9300-9400
9300-9400
10000
Akola
NA
NA
NA
9000-9500
(By Commodities control Bureau; +91 9820130172)
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