MUMBAI (Commodities control) – Major pulses, such as Tur, Urad, Chana, Kabuli Chana, Moong, Masoor and White Pea slipped for the week ended 24th April amid dull mill buying as demand and sale counters in processed pulses got affected due to multiple lockdown announcements across the country. According to the experts, pulses prices are likely to be trade range bound or may be under pressure throughout the month of May as situation worsens due to pandemic and lockdown is likely to extend further across the country. Weekly Highlights # Sowing of pulses has increased to 12.75 lakh ha from 6.45 lakh ha, shows nearly 100% increase. The increased area is mainly reported from the states of Tamil Nadu, Madhya Pradesh, West Bengal, Uttar Pradesh, Gujarat, Bihar, Chhattisgarh, Maharashtra, Karnataka etc. # Canadian Pulses: 2020-21 Prices of Dry Peas, Lentils & Chickpeas Seen Rising amid Stronger Export Demand & Lower Carry-Out. #Restrictions on Pulse Import May Ease in Near Future. # Government to distribute free 5 kg foodgrain (rice or wheat) to poor in May, June. NFSA covers about 800 million people.
Following Tentative Rates Quoted in Indian Markets For Imported Pulses in $ Terms on CNF Basis
Varieties
Origin
Quality
Shipment
Price US$ PMT
Tur
Burma
Lemon
May/June
780
Tur
Sudan
Ready
810
Urad
Burma
FAQ
May/June
760
Urad
Burma
SQ
May/June
865
Chana New (2021)
Tanzania
Aug/Sept
725
Kabuli Chickpea New
Burma
V2
April/May
800
Kabuli Chickpea New
Burma
Hollan
April/May
770
Kabuli Chickpea
Russian
655
Masoor Red
Canada
May-June
710
Masoor Red
Australia
Nipper
June-July
720
Masoor Red New Crop
Canada
Oct-Nov
690/695
Burma Lemon Tur: Tur Lemon variety of Burma-origin new weakened by Rs 50/100kg to Rs 6,700/100Kg, in Mumbai, on thin buying from millers as demand and sale counters in processed Tur was sluggish. However tur supply remains equally tight. Similarly, domestic variety Tur traded lower by Rs 200 to Rs 7,100-7,125/100Kg in bilty trade at benchmark market Akola. As per market sources, Tur prices are likely to get support at lower rates as fundamentals of Tur are strong due to lower yields, lesser old procured stock with government. Although, overseas imports will arrive at regular intervals as the government has issued a total of 6 lakh tonnes quota. However, allocation of import licences to traders-millers are expected to be delayed.
Tur ( Prices In Rs /100Kg )
Market
Variety
24-Apr-21
17-Apr-21
09-Apr-21
24-Apr-20
Mumbai
Lemon
6700
6750-6800
6700-6750
5150
Akola
Desi Bilty
7100-7125
7300-7325
7250-7275
5650-5700
Gulbarga
Desi
Lock Down
6800-6900
6900-7000
NA
Tur Dal ( Prices In Rs / 100Kg )
Market
Variety
24-Apr-21
17-Apr-21
09-Apr-21
24-Apr-20
Akola
Phatka
10000-10200
10300-10500
10000-10200
8200-8325
Gulbarga
Phatka
Lock Down
9400-9800
9400-9800
NA
Katni
Phatka
10200-10300
10100-10200
10000-10100
8200-8300
Burma Urad: Prices of Burma Urad FAQ slipped by Rs 200 at Rs 7,300/100Kg in Mumbai, due to slack mills’ purchase and regular overseas supplies in Chennai. Similarly, Burma Urad SQ variety in Chennai declined by Rs 75 at Rs 7,950/100Kg. Meanwhile, FAQ variety moved higher by Rs 100 to Rs 7,400, due to selected mills’ buying on immediate requirement for crushing. Demand has been suffering due to closure of restaurants, small eatery joints, big retail chains which has affected overall pulses demand. Demand from papad manufacturing units is affected due to lock down. Summers are the peak season for Papad manufacturing. Centre extends the last date for import of 1.5 Lakh MT of Urad for the fiscal year 2020-21, from 31st March, 2021 to 30th April.
Urad ( Prices In Rs / 100Kg )
Market
Variety
24-Apr-21
17-Apr-21
09-Apr-21
24-Apr-20
Mumbai FAQ
FAQ
7300
7500
7350
6850
Chennai
FAQ
7400
7300
7350
7150
Chennai
SQ
7950
8025
8050
7500-7550
Jalgaon
Desi
7500-7750
7500-7850
7350-7800
6700-7200
Urad Dal ( Prices In Rs / 100Kg )
Market
Variety
24-Apr-21
17-Apr-21
09-Apr-21
24-Apr-20
Mumbai
9900-10700
9900-10700
9900-10600
9500-10000
Chana Kantewala (Indore): Chana prices remained weak by Rs 150 at Rs 5,400-5,450/100Kg in Indore, following weak cues from futures, thin mill buying. Chana dal and besan demand got affected badly by multiple lockdown announcements across the country due to spike in covid cases. Profit booking was also noticed by few stockists and futures traders as markets consolidated around Rs 5500. On supply side, arrivals across the major mandis have shrunk due to lower availability and closure of mandis due to soaring cases of covid infections. Tighter stocks and weak demand may lead to further consolidation in prices around current levels. Futures and spot alike have moved past last years’ high. Thus limited down side is expected in prices. Similarly, Tanzania-origin Chana in Mumbai fell by Rs 100 at Rs 5,150/100Kg amid dull buying activity. Russia and Sudan-origin Kabuli Chickpea prices also traded lower by Rs 200-250 at Rs 5,450/100Kg and Rs 5,300-5,400, respectively. 42-44 & 44-46 count Kabuli Chana also sharply down by Rs 300-350 each at Rs 10,100/100Kg and Rs 10000, respectively.
Chana ( Prices In Rs / 100Kg )
Market
Variety
24-Apr-21
17-Apr-21
09-Apr-21
24-Apr-20
Mumbai
Australia
NA
NA
NA
NA
Tanzania
5150
5250-5300
5050-5100
NA
Burma
NA
NA
NA
NA
Indore
Katewala
5400-5450
5575-5600
5400
4100-4150
Delhi
Rajasthan origin
5625
5875-5900
5475-5500
4250-4275
Akola
5400-5425
5550-5575
5275-5300
4275-4300
Bikaner
5550
5800
5400
4150-4175
Chana Dal ( Prices In Rs / 100Kg )
Market
Variety
24-Apr-21
17-Apr-21
09-Apr-21
24-Apr-20
Akola
6500-7000
6500-7000
6200-6600
5200-5500
Indore
6800-7000
6400-6800
6200-6600
5400-5600
Jaipur
6675-6700
7000
6425-6450
5125
Chana Besan ( Prices In Rs / 50Kg )
Market
Variety
24-Apr-21
17-Apr-21
09-Apr-21
24-Apr-20
Mumbai
3650
3675
3550
3160
Kabuli Chana ( Prices In Rs / 100Kg )
Market
Variety
24-Apr-21
17-Apr-21
09-Apr-21
24-Apr-20
Indore
40-42
NA
NA
NA
6900
42-44
10100
10450
9650
6700
44-46
10000
10300
9500
6600
Dollar
NA
NA
8500-9000
NA
Mumbai
Sudan
5300-5400
5550-5600
5200-5400
NA
Ethiopia
NA
NA
NA
NA
Russia
5450
5650-5700
5400-5500
NA
Burma
NA
NA
NA
NA
Imported Masoor (Mumbai): Canada crimson variety Masoor along with Australia Masoor in Mumbai dropped by Rs 75-125 each at Rs 6,100-6,200/100Kg and Rs 6,300, respectively as millers refrained from purchasing at prevailing rates. Similarly, Canada crimson variety Masoor at Hajira-Mundra port dropped each by Rs 125-150 at Rs 6,100-6,125/100kg and Rs 6,000-6,025, respectively, while at Kandla it was priced at Rs 5,975/100Kg, down Rs 125. Demand and sale counter in processed Masoor witnessed dull activity. Masoor dal traded lower by Rs 50 at Rs 7,500/100Kg. However, Masoor arrivals at all producing centers have shrunk. Depleting stocks of imported Masoor and no further overseas supply due to higher parity are likely to support prices. Stockist-Corporates who are holding significant stock in hand may not want to sell now due to limited availability of stocks.
Masoor (Prices In Rs / 100Kg)
Market
Variety
24-Apr-21
17-Apr-21
09-Apr-21
24-Apr-20
Mumbai
Canada
6100-6200
6225-6275
6050-6150
5750-5850
Australia
6300
6375
6200
5900
Mundra
Canada
6000-6025
6150
6000
5550-5575
Hajira
Canada
6100-6125
6225
6050
5600
Kandla
Canada
5975
6100
5950
NA
Kolkata
Canada
6400-6500
6400-6450
6250-6300
5900-6000
Australia
6550-6600
6575-6650
6300-6400
6050
Indore
Desi
6450-6500
6450
6100
5500
Raipur
Desi
NA
NA
NA
5600-5650
Kanpur
Desi
6650
6700
6300
5600
Masoor Dal ( Prices In Rs / 100Kg )
Market
Variety
24-Apr-21
17-Apr-21
09-Apr-21
24-Apr-20
Khopoli
7500
7550
7350
7500-7600
Katni
NA
NA
6900-7200
6400-650
White Pea (Kanpur): New White Pea prices slipped Rs 125-150 at Rs 5,125/100Kg (dal quality) and Rs 5,300 (40% filter quality) at Kanpur market, due to thin trade activity from local and outstation markets. As per Kanpur based trader, prices of White Pea is likely to get support at lower rates due to negligible carryover stock. Millers-traders along with stockiest and bulk buying from big companies will be active in purchasing as the pipeline is empty. Moreover, imported White pea stock is also negligible after India banned the import of the yellow peas. 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
24-Apr-21
17-Apr-21
09-Apr-21
24-Apr-20
Mumbai
Canada
No Stock
No Stock
No Stock
No Stock
Kolkata
Canada
No Stock
No Stock
No Stock
No Stock
Kanpur
5125-5300
5250-5450
5150-5300
4950
White Pea besan ( Prices In Rs / 50Kg )
Market
Variety
24-Apr-21
17-Apr-21
09-Apr-21
24-Apr-20
Mumbai
4350
4350
4350
3700
White Pea Dal ( Prices In Rs / 100Kg )
Market
Variety
24-Apr-21
17-Apr-21
09-Apr-21
24-Apr-20
Mumbai
6000
6000
6000
7100
Moong (Jaipur): Moong prices declined by Rs 200 to Rs 6,600-7,300/100Kg at Jaipur market of Rajasthan, as per quality, amid thin mill buying. Moreover, demand and sale counters in processed Moong reported dull participation and traded weak by Rs 300 at Rs 8,500-8,600/100Kg. New summer Moong crop is expected to arrive from May at Madhya Pradesh and Gujarat. Acreage is expected to remain higher as compared to last year. Farmers were still holding kharif crop Moong in Madhya Pradesh and Rajasthan. Arrivals and supplies stocked in godowns, meanwhile, are enough to offset current requirements. The Central Government notifies annual quota for the fiscal year 2021-22 for import of 1.5 Lakh MT of Moong.
Moong ( Prices In Rs / 100Kg )
Market
Variety
24-Apr-21
17-Apr-21
09-Apr-21
24-Apr-20
Jaipur
6600-7300
6600-7500
6500-7400
9300-9400
Harda
NA
NA
5600-8000
NA
Moong Dal ( Prices In Rs / 100Kg )
Market
Variety
24-Apr-21
17-Apr-21
09-Apr-21
24-Apr-20
Jaipur
8500-8600
8800-8900
8700-8800
11300-11400
Gulbarga
Lock Down
9700-9800
9400-9500
NA
(By Commodities control Bureau; +91 9820130172)
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