MUMBAI, 2 August (Commodities control) Major pulses market ended on a positive note last week and further optimistic tone is expected this week on ensuing festive demand. Besides, area under pulses sowing is still lagging behind. However, rise in supply of some imported pulses may limit the upside movement in their prices, as per the market analysts.
With rise in the prices of vegetables in the rainy season, the consumption demand for pulses are likely to remain firm in the coming season. Besides, festive season also begins this month, when demand for pulses and besan will increase, said the market analysts.
Prices of Tur, Urad, Chana and Kabuli Chana gained last week on improved mills’ buying. But, Masoor prices slipped after the government reduced duty on its import which will boost supplies from overseas. However, Moong and White Pea prices remained almost flat amid limited trade volume.
Despite upward movement in the prices of major pulses, the pulses markets witnessed some pressure after an online meeting of importers, millers and wholesalers with the Secretary, Department of Consumer Affairs on Friday who once again asked them to declare their stock details on the portals.
Past Week’s Highlights
# India Kharif Pulses Sowing Down 3% As On July 30 At 107.87 Lakh Ha Vs 111.15 Last Year. Tur: 41.83 Vs 40.24, Urad: 29.96 Vs 32.89, Moong: 26.47 Vs 29.38, Other Pulses: 9.37 Vs 8.41.
# Kharif crop acreage recorded over 848 ha, down 4.7% y/y.
# The government reduced the import duty on lentil from 30 percent to 20 percent. The agricultural cess on the import of lentil has been reduced from 20 percent to 10 percent, as per the notification.
# The government will reconsider the issues of stock limits on pulses only after the actual data of the current stock position of pulses is received. Till date only 2698 millers/traders had declared their stock details on the portal.
# Consumers likely to consume more pulses to meet protein requirements as chicken prices soar.
# Madhya Pradesh: CM discusses procurement of summer moong with Union Minister Tomar.
India 2021-22 state wise kharif pulses sowing July 28
|
Kharif Tur Sowing Up 4 % As On July 28 Vs Last Yr (LAKH HA)
|
Karnataka
|
12.37
|
10.29
|
Maharashtra
|
12.51
|
11.96
|
Madhya Pradesh
|
3.62
|
3.75
|
Telangana
|
3.43
|
3.24
|
Uttar Pradesh
|
2.91
|
2.98
|
Gujarat
|
1.95
|
1.74
|
Jharkhand
|
1.71
|
2.12
|
Chhattisgarh
|
0.81
|
1.06
|
Total
|
41.83
|
40.24
|
|
|
|
Kharif Urad Sowing Down 8.91 % As On July 28 Vs Last Yr (LAKH HA)
|
Madhya Pradesh
|
12.83
|
14.79
|
Maharashtra
|
3.99
|
3.61
|
Karnataka
|
0.91
|
1.01
|
Rajasthan
|
3.45
|
3.18
|
Uttar Pradesh
|
4.95
|
6.31
|
Gujarat
|
1.23
|
0.68
|
Telangana
|
0.16
|
0.16
|
Total
|
29.96
|
32.89
|
|
|
|
Kharif Moong Sowing Down 9.9 % As On July 28 Vs Last Yr (LAKH HA)
|
Karnataka
|
3.87
|
3.44
|
Maharashtra
|
3.46
|
3.71
|
Rajasthan
|
15.16
|
17.8
|
Madhya Pradesh
|
1.38
|
1.28
|
Gujarat
|
0.53
|
0.58
|
Telangana
|
0.51
|
0.46
|
Total
|
26.47
|
29.38
|
Burma Lemon Tur
Tur Lemon variety of Burma-origin (new) traded higher by Rs 150 to Rs 6,375/100Kg in Mumbai on better mills purchases. Arusha and Mozambique origin gajri variety Tur priced each at Rs 6,200 and Rs 6,100, respectively. Sudan origin Tur (new) was quoted at Rs 6,500.
Similarly, domestic variety of Tur also gained Rs 300 at Rs 6,800-6,850/100Kg in bilty trade at benchmark market Akola.
Moreover, demand and sale counter in Tur dal witnessed some action this week.
Also, supplies from overseas were delayed. Vessel M V VTC PLANET carrying 21000 tonnes of Burma Tur-Urad in bags is expected to arrive at Mumbai port on 3rd August, 2021, according to a shipping agency. Earlier, vessel was expected to arrive on 28th July.
However, supplies of Tur from overseas in breakbulk- container vessel and higher Tur sowing acreage by 4 percent will limit the gains.
India 2021-22 Kharif Tur sowing was up 4 %, as on July 30, at 41.83 Lakh Ha Vs 40.24 Last Year.
Still cautious trade is being witnessed at higher rates due to government policy.
Burma origin Tur Lemon and Linkhey varieties each offered at $900 per ton in container on CNF basis JNPT for July-Aug shipment.
Tur ( Prices In Rs /100Kg )
|
Market
|
Variety
|
31-Jul-21
|
24-Jul-21
|
17-Jul-21
|
31-Jul-20
|
Mumbai
|
Lemon Old
|
6275
|
6125
|
5800
|
5400
|
Mumbai
|
Lemon New
|
6375
|
6225
|
5900
|
|
Akola
|
Desi Bilty
|
6800-6850
|
6525-6550
|
6400-6425
|
5975-6000
|
Gulbarga
|
Desi
|
6500-6600
|
6200-6300
|
6000-6200
|
5700-5800
|
|
|
|
|
|
|
Tur Dal ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
31-Jul-21
|
24-Jul-21
|
17-Jul-21
|
31-Jul-20
|
Akola
|
Phatka
|
9200-9400
|
9000-9200
|
8900-9100
|
8100-8300
|
Gulbarga
|
Phatka
|
8900-9300
|
8500-9000
|
8700-9100
|
7800-8200
|
Katni
|
Phatka
|
9300-9400
|
9150-9250
|
8900-9000
|
8350-8450
|
Burma Urad
Prices of Burma Urad FAQ variety moved higher Rs 200-250 at Rs 6,750/100Kg in Mumbai due to improved mills buying and sowing acreage lagging behind despite regular overseas supplies and arrivals of summer crop were witnessed.
India 2021-22 Kharif Urad acreage was down 8.91 %, as on July 30, at 29.96 Lakh Ha Vs 32.89 Last Year.
Similarly, Burma Urad FAQ-SQ varieties in Chennai gained by Rs 200-350 at Rs 6,500/100Kg and Rs 7,600, respectively.
Meanwhile, break bulk vessel carrying 9,250 MT Urad FAQ variety arrived at Chennai port. Another vessel expected carrying 13,000 MT Urad FAQ is expected till August end. One more vessel carrying Urad FAQ-SQ varieties is expected till august end. Around, 1000 containers of Urad SQ are expected to reach Chennai soon.
Major quantity of urad arrived from overseas has been sold to millers. Supplies of SQ variety were less compared to FAQ variety. Prices movement in SQ variety expected to be higher compare to FAQ variety.
Urad FAQ-SQ varieties firm in Burma this week at $880 and $ 1030 per ton in container on CNF basis JNPT for July-Aug shipment. Buyers from India were interested in purchasing Urad at lower rates. But, no sellers were active in local market. Trade activity was negligible in local market as lockdown extends till 31st July. However, port activity and banking transactions has regular operations.
The direct container vessels carrying urad regularly have already departed from Yangon for Chennai.
India has signed an MoU with Myanmar to imports of 2.5 lakh tonnes of urad every year for next fiver year.
Urad ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
31-Jul-21
|
24-Jul-21
|
17-Jul-21
|
31-Jul-20
|
Mumbai FAQ
|
FAQ
|
6750
|
6500-6550
|
6100
|
5900
|
Chennai
|
FAQ
|
6500
|
6300
|
6000
|
6000-6025
|
Chennai
|
SQ
|
7600
|
7250
|
6800
|
6550-6575
|
Jalgaon
|
Desi
|
NA
|
6500-6850
|
6200-6600
|
5900-6500
|
|
|
|
|
|
|
Urad Dal ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
31-Jul-21
|
24-Jul-21
|
17-Jul-21
|
31-Jul-20
|
Mumbai
|
|
8900-9650
|
8750-9350
|
8600-9200
|
8000-8700
|
Chana Kantewala (Indore)
Chana prices gained by Rs 150 at Rs 5,300/100Kg in Indore amid improved mill buying activity on immediate requirement for crushing.
However, demand and sale counter in dal-besan reported limited action. But, demand are expected to increase in near future from retail counters which will boost buying. Moreover, shortage of White Pea is likely to support Chana prices.
Meanwhile, Nafed is active to liquidate its stock of chana in various states.
Also, marketmen has fear that the government may announce any changes to import duties for Kabuli Chickpea or may remove ban on import of White Pea.
Nafed sold procured Chana Rabi-2018 at Rs 4,751-4,812/100Kg, Rabi-2019 at Rs 4,825-4,903 and Rabi-2020 at Rs 4,951-4,953 in Madhya Pradesh on 30th July, 2021. In Rajasthan, Rabi-2020 sold in the range at Rs 5,061-5,075.In Uttar Pradesh, Rabi 2020 at Rs 4,801. In Maharashtra, Rabi -2018 at Rs 4,501-4,511.
Tanzania Chana moved higher by Rs 200 at Rs 4,800/100Kg in Mumbai.
Similarly, Sudan origin Kabuli Chickpea prices gained by Rs 50-100 at Rs 5,250-5,400/100Kg. While, Russia origin Kabuli Chickpea traded flat at Rs 5,100. However, overseas supply was less because of restrictions on imports due to customs duty of 40 per cent.
At Indore, 42-44 & 44-46 count Kabuli Chana was up by Rs 300 each at Rs 9,450/100Kg and Rs 9,300, respectively. Dollar variety Kabuli chickpea also rise by Rs 500 to Rs 8,000-9,000.
Sudan origin Kabuli Chickpea new offered at $710 per ton in container on CNF basis JNPT for July-Aug shipment.
Chana ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
31-Jul-21
|
24-Jul-21
|
17-Jul-21
|
31-Jul-20
|
Mumbai
|
Tanzania
|
4800
|
4600
|
4400-4450
|
4100
|
Indore
|
Katewala
|
5300
|
5150-5175
|
4850-4900
|
4200-4225
|
Delhi
|
Rajasthan origin
|
5150-5175
|
5075-5100
|
4925
|
4175
|
Akola
|
|
5025-5050
|
4925-4950
|
4700-4725
|
4325-4350
|
Bikaner
|
|
5000
|
4900
|
4700
|
4100
|
|
|
|
|
|
|
Chana Dal ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
31-Jul-21
|
24-Jul-21
|
17-Jul-21
|
31-Jul-20
|
Akola
|
|
6000-6400
|
6000-6400
|
5700-6100
|
5000-5500
|
Indore
|
|
6100-6600
|
6000-6500
|
5800-6200
|
5200-5600
|
Jaipur
|
|
5900-5925
|
5800
|
5500-5525
|
4825-4850
|
|
|
|
|
|
|
Chana Besan ( Prices In Rs / 50Kg )
|
Market
|
Variety
|
31-Jul-21
|
24-Jul-21
|
17-Jul-21
|
31-Jul-20
|
Mumbai
|
|
3525-3575
|
3500-3550
|
3450-3500
|
3125
|
|
|
|
|
|
|
Kabuli Chana ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
31-Jul-21
|
24-Jul-21
|
17-Jul-21
|
31-Jul-20
|
Indore
|
42-44
|
9450
|
9150
|
8550
|
6500
|
|
44-46
|
9300
|
9000
|
8400
|
6300
|
|
Dollar
|
8000-9000
|
8000-8500
|
7500-8000
|
5500-6000
|
Mumbai
|
Sudan
|
5250-5400
|
5100-5350
|
5000
|
NA
|
|
Russia
|
5100
|
5100
|
4850
|
4200
|
Imported Masoor (Mumbai)
Canada crimson variety Masoor along with Australia Masoor in Mumbai fell by Rs 50 each at Rs 6,550/100Kg and Rs 6,600, respectively due to overseas supplies and government reduced the import duty on lentil.
Similarly, Canada crimson variety Masoor at Kandla-Mundra port remained weak by Rs 75-100 at Rs 6,300/100kg and Rs 6,300-6,400, respectively, while at Hajira it was priced unchanged at Rs 6,400-6,500/100Kg.
In forward business, Canada crimson variety Masoor offered at $790 per ton in container on CNF basis JNPT for mid-August shipment. $825 for Sep-Oct shipment.
Australia nipper variety Masoor quoted at $820 for Kolkata against Aug-Sep shipment. Lairds no 2 variety at $950 September-October shipment.
Australia Masoor Lairds variety priced at $970 for Chennai.
The deteriorating crop situation in Canada and the US has since become a more important consideration for processors and exporters. Exporters are waiting for initial yield indications as they are thinking yields could be down between 30% and 40% from last year. Initial fears of a crop failure in Australia because of dry weather have been less by good rainfall in most key growing areas.
Masoor ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
31-Jul-21
|
24-Jul-21
|
17-Jul-21
|
31-Jul-20
|
Mumbai
|
Canada
|
6550
|
6600
|
6350
|
5251-5351
|
|
Australia
|
6600
|
6650
|
6450
|
5451
|
Mundra
|
Canada
|
6300-6400
|
6375-6500
|
6100-6150
|
5225
|
Hajira
|
Canada
|
6400-6500
|
6400-6500
|
6100-6200
|
5225
|
Kandla
|
Canada
|
6300
|
6375
|
6100
|
NA
|
Kolkata
|
Canada
|
6600
|
No Stock
|
No Stock
|
5200-5350
|
|
Australia
|
6600
|
6750-6800
|
6500
|
5500-5600
|
Indore
|
Desi
|
6400
|
6500
|
6200-6250
|
5300-5350
|
Raipur
|
Desi
|
6550-6600
|
6600-6625
|
6450-6500
|
NA
|
Kanpur
|
Desi
|
6850
|
6800
|
6625
|
5725
|
|
|
|
|
|
|
Masoor Dal ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
31-Jul-21
|
24-Jul-21
|
17-Jul-21
|
31-Jul-20
|
Khopoli
|
|
7500
|
7500
|
7450
|
6500
|
Katni
|
|
NA
|
NA
|
NA
|
6250-6350
|
Moong (Jaipur)
Moong prices remained unchanged at Rs 6,300-6,700/100Kg at Jaipur market of Rajasthan, as per quality, amid limited mills buying activities and ongoing summer crop arrivals from producing centers.
However, India 2021-22 Kharif Moong sowing was down 9.9 %, as on July 30, at 26.47 Lakh Ha Vs 29.38 Last Year.
New Moong traded at Rs 6,500-7,300/100Kg with arrivals of 30 bags at Gadag market of Karnataka. (Each bag 50 Kg).The arrived Moong has moisture content of 18-20%, a local trader said.
New Moong traded at Rs 5,600/100Kg with arrivals of 1 bags at Jalna market of Maharashtra. (Each bag 100 Kg).The arrived Moong has moisture content of 18-20%, a local trader said.
New kharif moong expected to begin from next week at Bagalkot market of Karnataka, mid of August at Bidar- Yadgir of Karnataka and at Tandur market of Telangana from August end. Crop condition of Moong is reported good at Bidar, Yadgir and Bagalkot. On other hand, crop has been got damaged due to heavy rain at Tandur.
Vessel M V POLARIS Z from Africa carrying 17500 tonnes of Moong and Soybean in bags is expected to arrive at Mumbai port on 10th August, 2021, according to a shipping agency.
Tanzania Moong offered at $750 per ton in container on CNF basis August shipment.
Moong ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
31-Jul-21
|
24-Jul-21
|
17-Jul-21
|
31-Jul-20
|
Jaipur
|
|
6300-6700
|
6300-6700
|
6100-6600
|
6300-6500
|
Harda
|
|
5300-6330
|
NA
|
5400-6250
|
4500-6570
|
|
|
|
|
|
|
Moong Dal ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
31-Jul-21
|
24-Jul-21
|
17-Jul-21
|
31-Jul-20
|
Jaipur
|
|
7400-8100
|
7500-7700
|
7300-7700
|
7100-7200
|
Gulbarga
|
|
8300-8400
|
8200-8300
|
8100-8200
|
8400-8500
|
White Pea (Kanpur)
White Pea prices ruled steady to firm at Rs 5,700/100Kg (40% dal quality) and Rs 5,950 (60% filter quality) at Kanpur market, on regular buying support from local and outstation markets at existing rates due to shortage. Buyers from southern market were active. Already 70% of crop has been used in consumption and 30% were in were in strong hands of stockiest. Prices are likely to rise further if government does not intervene.
As per Kanpur based trader, prices of White Pea are likely to get support as carryover stock is negligible. Moreover, imported White pea stock is also negligible after India banned the import of the yellow peas.
The Supreme Court ordered the absolute Confiscation of Peas and Pulses and directed that re-export be allowed only after recovering the necessary redemption fine.
White Pea ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
31-Jul-21
|
24-Jul-21
|
17-Jul-21
|
31-Jul-20
|
Mumbai
|
Canada
|
No Stock
|
No Stock
|
No Stock
|
6000
|
Kolkata
|
Canada
|
No Stock
|
No Stock
|
No Stock
|
No Stock
|
Kanpur
|
|
5700-5950
|
5650-5950
|
5400
|
5350
|
|
|
|
|
|
|
White Pea besan ( Prices In Rs / 50Kg )
|
Market
|
Variety
|
31-Jul-21
|
24-Jul-21
|
17-Jul-21
|
31-Jul-20
|
Mumbai
|
|
4250
|
4150
|
4000
|
3500
|
|
|
|
|
|
|
White Pea Dal ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
31-Jul-21
|
24-Jul-21
|
17-Jul-21
|
31-Jul-20
|
Mumbai
|
|
5800
|
5700
|
5500
|
6500
|
(By Commodities control Bureau; +91 9820130172)