MUMBAI (Commodities control) – Tur, Urad, Chana, Kabuli Chickpea, Masoor and White Pea slipped for the week ended 30th April amid dull trade activity. Only Moong prices remained more or less unchanged.
Demand in pulses has been struggling because of rising covid cases across the country.
We do not expect the situation to improve immediately as various states and UT continue to remain under restrictions for at least next two weeks.
On supply side the availability of pulses in spot market is getting tighter as mandis across the country are either voluntarily closed or have negligible arrivals.
Overall Pulses prices are in a state of unwanted balance with lower demand and limited stock in hand which will keep prices highly volatile.
Weekly Highlights
# India Summer Pulse Sowing up by 59.93 % as on April 30 to 13.93 lakh Ha vs 8.71 last year at the same period. Urad: 2.59 Vs 1.78, Moong: 11.01 Vs 6.68, Other Pulses:0.33 Vs 0.25.
# Centre Sees India's Pulses Production At 24.42 Million Tonnes In 2020-21 & Target 25 Million Tonnes. Government Aims For 9.82 Mln tn Pulses Output in 2021-22 Kharif Sesason & 15.18 Mln tn in Rabi Season.
# Madras High Court Has Granted Stay Upto 28 June,2021 For Import Quota Licence of DGFT For Tur, Urad, Moong For Year 2021-22. This Stay is Against Traders & Lottery System Policy of DGFT.
# Over 81% Wheat Area, 100% of Pulses Harvested Says Agri Ministry.
# Arun Raste to be New MD & CEO of NCDEX.
# Unlike last year, the government will not be distributing pulses as part of the Pradhan Mantri Garib Kalyan Ann Yojana (PM-GKAY) and the scheme will comprise only cereals such as wheat and rice, Food and Public Distribution Secretary.
Burma Lemon Tur:
Tur Lemon variety of Burma-origin new extended fall by Rs 150 to Rs 6,550/100Kg, in Mumbai, on thin buying from millers as demand and sale counters in processed Tur was sluggish. However, tur supply remains equally tight.
On other hand, domestic variety Tur traded almost unchanged to Rs 7,125-7,150/100Kg in bilty trade at benchmark market Akola.
Demand in Tur dal has virtually come to a halt and taken a hit due to continuing demand destruction from increasing covid cases across the country.
Requirement for Tur seed in Kharif 2021 is 2,89,092 Qtls and availability of seed is 3,22,854 Qtls. Surplus of 33,762 Qtls reported.
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. Supply around 30,000-40,000 MT of Sudan origin new crop Tur and 20,000-25,000 MT of Africa Tur old crop expected in June.
However, allocation of import licences to traders-millers are expected to be delayed. But, trade sources expecting import licence will be allocated by DGFT within fortnight despite Madras High Court has granted stay upto 28 June, 2021.
|
Tur ( Prices In Rs /100Kg )
|
|
Market
|
Variety
|
30-Apr-21
|
24-Apr-21
|
17-Apr-21
|
30-Apr-20
|
|
Mumbai
|
Lemon
|
6550
|
6700
|
6750-6800
|
5100
|
|
Akola
|
Desi Bilty
|
7125-7150
|
7100-7125
|
7300-7325
|
5550-5600
|
|
Gulbarga
|
Desi
|
Lock Down
|
Lock Down
|
6800-6900
|
Lock Down
|
|
|
|
|
|
|
|
|
Tur Dal ( Prices In Rs / 100Kg )
|
|
Market
|
Variety
|
30-Apr-21
|
24-Apr-21
|
17-Apr-21
|
30-Apr-20
|
|
Akola
|
Phatka
|
9900-10100
|
10000-10200
|
10300-10500
|
8000-8200
|
|
Gulbarga
|
Phatka
|
Lock Down
|
Lock Down
|
9400-9800
|
Lock Down
|
|
Katni
|
Phatka
|
10000-10100
|
10200-10300
|
10100-10200
|
Lock Down
|
Burma Urad:
Prices of Burma Urad FAQ slipped by Rs 100 at Rs 7,200/100Kg in Mumbai, due to slack mills’ purchase.
Similarly, Burma Urad FAQ-SQ varieties in Chennai ruled steady to weak at Rs 7,350-7,400/100Kg and Rs 7,900-7,950, respectively.
One vessel carrying 180 container Urad and 120 container Chana-Kabuli Chickpea from Burma for Chennai was delayed and expected to arrive on 2nd May. Around Ready stock of imported Urad at Chennai is around 800-1000 containers.
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.
However, allocation of import licences to traders-millers are expected to be delayed. But trade sources are expecting import licence to be allocated by DGFT within fortnight despite Madras High Court granting stay upto 28 June, 2021.
Requirement for Urad seed in Kharif 2021 is 2,35,883 Qtls and availibility of seed is 2,44,086 Qtls. Surplus of 8,203 Qtls reported.
|
Urad ( Prices In Rs / 100Kg )
|
|
Market
|
Variety
|
30-Apr-21
|
24-Apr-21
|
17-Apr-21
|
30-Apr-20
|
|
Mumbai FAQ
|
FAQ
|
7200
|
7300
|
7500
|
6600
|
|
Chennai
|
FAQ
|
7350-7400
|
7400
|
7300
|
6800
|
|
Chennai
|
SQ
|
7900-7950
|
7950
|
8025
|
7350
|
|
Jalgaon
|
Desi
|
7450-7750
|
7500-7750
|
7500-7850
|
6600-7150
|
|
|
|
|
|
|
|
|
Urad Dal ( Prices In Rs / 100Kg )
|
|
Market
|
Variety
|
30-Apr-21
|
24-Apr-21
|
17-Apr-21
|
30-Apr-20
|
|
Mumbai
|
|
9900-10600
|
9900-10700
|
9900-10700
|
9500-10000
|
Chana Kantewala (Indore):
Chana prices eased at Rs 5,400/100Kg 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.
Overall Chana prices are facing unwanted balance with lower demand and limited stock in hand which will keep prices highly volatile.
Chana futures are to find support towards 5250 Rs/ qtl and trade towards 5500/5800 Rs/Qtl by coming sessions.
Similarly, Tanzania-origin Chana in Mumbai fell by Rs 100 at Rs 5,050/100Kg amid dull buying activity.
Russia and Sudan-origin Kabuli Chickpea prices also traded lower by Rs 50-100 at Rs 5,400/100Kg and Rs 5,150-5,300, respectively.
42-44 & 44-46 count Kabuli Chana also down by Rs 150-200 each at Rs 9,950/100Kg and Rs 9,800, respectively.
|
Chana ( Prices In Rs / 100Kg )
|
|
Market
|
Variety
|
30-Apr-21
|
24-Apr-21
|
17-Apr-21
|
30-Apr-20
|
|
Mumbai
|
Australia
|
NA
|
NA
|
NA
|
NA
|
|
|
Tanzania
|
5050
|
5150
|
5250-5300
|
NA
|
|
|
Burma
|
NA
|
NA
|
NA
|
NA
|
|
Indore
|
Katewala
|
5400
|
5400-5450
|
5575-5600
|
4200-4250
|
|
Delhi
|
Rajasthan origin
|
5675-5700
|
5625
|
5875-5900
|
4225-4250
|
|
Akola
|
|
5375-5400
|
5400-5425
|
5550-5575
|
4150-4175
|
|
Bikaner
|
|
5400
|
5550
|
5800
|
4150
|
|
|
|
|
|
|
|
|
Chana Dal ( Prices In Rs / 100Kg )
|
|
Market
|
Variety
|
30-Apr-21
|
24-Apr-21
|
17-Apr-21
|
30-Apr-20
|
|
Akola
|
|
6400-6900
|
6500-7000
|
6500-7000
|
5100-5400
|
|
Indore
|
|
6800-7000
|
6800-7000
|
6400-6800
|
5400-5600
|
|
Jaipur
|
|
6550
|
6675-6700
|
7000
|
5125-5150
|
|
|
|
|
|
|
|
|
Chana Besan ( Prices In Rs / 50Kg )
|
|
Market
|
Variety
|
30-Apr-21
|
24-Apr-21
|
17-Apr-21
|
30-Apr-20
|
|
Mumbai
|
|
3600
|
3650
|
3675
|
3160
|
|
|
|
|
|
|
|
|
Kabuli Chana ( Prices In Rs / 100Kg )
|
|
Market
|
Variety
|
30-Apr-21
|
24-Apr-21
|
17-Apr-21
|
30-Apr-20
|
|
Indore
|
40-42
|
NA
|
NA
|
NA
|
NA
|
|
|
42-44
|
9950
|
10100
|
10450
|
NA
|
|
|
44-46
|
9800
|
10000
|
10300
|
NA
|
|
|
Dollar
|
NA
|
NA
|
NA
|
NA
|
|
Mumbai
|
Sudan
|
5150-5300
|
5300-5400
|
5550-5600
|
NA
|
|
|
Ethiopia
|
NA
|
NA
|
NA
|
NA
|
|
|
Russia
|
5400
|
5450
|
5650-5700
|
NA
|
|
|
Burma
|
NA
|
NA
|
NA
|
NA
|
Imported Masoor (Mumbai):
Canada crimson variety Masoor along with Australia Masoor in Mumbai dropped by Rs 50-125 each at Rs 6,075-6,125/100Kg and Rs 6,175, respectively as millers refrained from purchasing at prevailing rates.
Similarly, Canada crimson variety Masoor at Hajira-Mundra port fell each by Rs 25-50 at Rs 6,075/100kg and Rs 6,000, respectively, while at Kandla it was priced at Rs 5,950/100Kg, down Rs 25.
Demand and sale counter in processed Masoor witnessed dull activity. Masoor dal traded lower at Rs 7,200-7,250/100Kg.
However, on supply side mandis across the country are either voluntarily closed or have negligible arrivals. Depleting stock 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 Canada ruled firm against ongoing accumulations of product to cover outstanding sales commitments. Market is supported due to persistent worries about potential growing conditions because of dryness across parts of Canada and the United States. That will become a greater concern as seeding advances in May. The greater concern for markets heading into the coming week are the April 27 seeding intentions estimates for Canada.
|
Masoor ( Prices In Rs / 100Kg )
|
|
Market
|
Variety
|
30-Apr-21
|
24-Apr-21
|
17-Apr-21
|
30-Apr-20
|
|
Mumbai
|
Canada
|
6075-6125
|
6100-6200
|
6225-6275
|
5700-5800
|
|
|
Australia
|
6175
|
6300
|
6375
|
5900
|
|
Mundra
|
Canada
|
6000
|
6000-6025
|
6150
|
5400
|
|
Hajira
|
Canada
|
6075
|
6100-6125
|
6225
|
5450
|
|
Kandla
|
Canada
|
5950
|
5975
|
6100
|
NA
|
|
Kolkata
|
Canada
|
6350
|
6400-6500
|
6400-6450
|
5800
|
|
|
Australia
|
6400-6450
|
6550-6600
|
6575-6650
|
6000
|
|
Indore
|
Desi
|
6350
|
6450-6500
|
6450
|
5500
|
|
Raipur
|
Desi
|
NA
|
NA
|
NA
|
5500
|
|
Kanpur
|
Desi
|
6500
|
6650
|
6700
|
5500
|
|
|
|
|
|
|
|
|
Masoor Dal ( Prices In Rs / 100Kg )
|
|
Market
|
Variety
|
30-Apr-21
|
24-Apr-21
|
17-Apr-21
|
30-Apr-20
|
|
Khopoli
|
|
7250
|
7500
|
7550
|
7200-7300
|
|
Katni
|
|
NA
|
NA
|
NA
|
Lock Down
|
White Pea (Kanpur):
New White Pea prices slipped Rs 75-100 at Rs 5,050/100Kg (dal quality) and Rs 5,200 (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
|
30-Apr-21
|
24-Apr-21
|
17-Apr-21
|
30-Apr-20
|
|
Mumbai
|
Canada
|
No Stock
|
No Stock
|
No Stock
|
No Stock
|
|
Kolkata
|
Canada
|
No Stock
|
No Stock
|
No Stock
|
No Stock
|
|
Kanpur
|
|
5050-5200
|
5125-5300
|
5250-5450
|
4825
|
Moong (Jaipur):
Moong prices were unchanged to Rs 6,600-7,300/100Kg at Jaipur market of Rajasthan, as per quality, amid thin mill buying.
Demand and sale counters in processed Moong reported dull participation and traded weak by Rs 100 at Rs 8,400-8,500/100Kg.
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.
Requirement for Moong seed in Kharif 2021 is 1,79,714 Qtls and availability of seed is 2,28,813 Qtls. Surplus of 49,100 Qtls reported.
Requirement for Moth seed in Kharif 2021 is 25,000 Qtls and availability of seed is 28,522 Qtls. Surplus of 3,522 Qtls reported.
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
|
30-Apr-21
|
24-Apr-21
|
17-Apr-21
|
30-Apr-20
|
|
Jaipur
|
|
6600-7300
|
6600-7300
|
6600-7500
|
9000-9100
|
|
Harda
|
|
Lock Down
|
NA
|
NA
|
NA
|
|
|
|
|
|
|
|
|
Moong Dal ( Prices In Rs / 100Kg )
|
|
Market
|
Variety
|
30-Apr-21
|
24-Apr-21
|
17-Apr-21
|
30-Apr-20
|
|
Jaipur
|
|
8400-8500
|
8500-8600
|
8800-8900
|
10700-10800
|
|
Gulbarga
|
|
Lock Down
|
Lock Down
|
9700-9800
|
NA
|
(By Commodities control Bureau; +91 9820130172)
|
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