Weekly: Most Pulses Weaken, Barring Masoor

Still market men are hopeful of pick up in demand for processed pulses at retail counters ahead of festive season and relaxation / complete removal of lockdown in most parts of the country.

Past Week’s Highlights
# India Kharif Pulses Sowing up 1.19 % As On Aug 27 At 135.83 Lakh Ha Vs 134.23 Last Year. Tur: 48.94 Vs 46.98, Urad : 37.59 Vs 37.61, Mung : 34.16 Vs 34.86, Other Pulses: 14.79 Vs 14.38.
# India 2021-22 state wise kharif pulses sowing Aug 25. Click Here
# Canada's 2021-22 Dry Pea Production May Fall 40% YoY to 2.75 Million Tonnes. Click Here
# India's 2021-22 Sowing Area of Kharif Crops Down 1.75% YoY So Far: Govt. Click Here
# IPGA Pegs India's Tur Production at 39-40 LT, Myanmar's Urad Ending Stock at 1.4 LT. Click Here
# Centre Approves Procurement of Moong, Urad in Karnataka at MSP. Click Here
# Skymet Lowers Monsoon 2021 Forecast to Below Normal. Click Here

Burma Lemon Tur

Tur Lemon variety of Burma-origin (new) closed down by Rs 100 for the week at Rs 6,550/100Kg in Mumbai due to thin participation by the millers and regular overseas supplies. Arusha Tur and Mozambique origin gajri variety were also weak and closed for the week at Rs 6,500 and Rs 6,400, respectively. Sudan Tur ruled down at Rs 6,800.

Similarly, domestic variety of Tur also declined Rs 75 during the week to close at Rs 7,025-7,075/100Kg in bilty trade at benchmark market Akola.

Tur Lemon-Linkhey varieties quoted at $910 & $930 per ton on CNF India basis, respectively at Burma. However, trade activity was thin due to lockdown extended further for 15 days in Burma. Earlier lock down was till 22nd Aug. Banking transactions began from today onward. Ports are operation normally .

In forward business, Arusha variety Tur quoted at $860 per ton on CNF basis Nhava Sheva for Sep-Oct shipment. Mozambique tur at $850, Matwara Tur at $830, Malawi red Tur at $750 per tonne and Sudan Tur at $930.

Vessel MV VTC PLANET from Burma had discharged 16,560 MT till date and 5,034 MT Balance to discharge. Vessel M V VTC PLANET carrying 16153.721 tonnes of Tur, 2,875.067 tonnes of Urad and 1,656.427 tonnes Soybean in bags.

Vessel M V JUPITER carrying 7,314.600 MT Mozambique Tur, 400 MT Mozambique Tur dal, 2,953. 666 MT Malawi Tur and 730.758 MT Malawi Tur dal is arrived at Mumbai port today and got berth at 13 ID, according to a shipping agency.

Forward trading is indicating prices are likely to remain subdued in near term.

Burma Urad

Prices of Burma Urad FAQ variety slipped by Rs 250 at Rs 6,800/100Kg in Mumbai due to dull mills buying support as demand in Urad reported dull and regular overseas supplies.

Moreover, arrival pace of new Urad increased at selected markets of Maharashtra-Karnataka. The arrived new Urad quality contain moisture and quality also seen medium due to less rain during early stage sowing period.

Similarly, Burma Urad FAQ-SQ varieties in Chennai also fell by Rs 300-450 to Rs 6,650/100Kg and Rs 7,600, respectively.

New kharif Urad traded in the range of Rs 6,800-7,400/100Kg as per quality. Maharashtra origin new Urad traded lower to Rs 7,500-7,600/100Kg at Guntur market.

Urad FAQ-SQ varieties priced weak at $925 and $1050 per ton on CNF basis at Burma as sellers were active.

As per market sources, Urad prices likely to get support at lower level as there are report of Urad crop getting damaged in major producing states such as Madhyapradesh,Uttar pradesh and Rajasthan.Further crop in Gujrat will be also in trouble be there is no rains in next few days.

Chana Kantewala (Indore)

Chana prices closed down by Rs 25 at Rs 5,600/100Kg for the week amid thin mills demand at higher rates.

Moreover, Chana dal and besan demand scenario remains subdued at higher rates. However demand for dal-besan are likely to pick up in coming days , ahead of the festival season , at retail counters.

Meanwhile, Nafed is actively liquidating its stocks of chana at various centres. FCI is also active in selling stock procured in Maharashtra.

Nafed sold procured Chana Rabi-2018 at Rs 5,061-5,111/100Kg, Rabi-2019 at Rs 5,151-5,155 and Rabi-2020 at Rs 5,311-5,313 in Madhya Pradesh on 27th Aug, 2021. In Maharashtra, Rabi-2018 sold at Rs 4,801-4,905. In Rajasthan, Rabi-2020 at Rs 5,325. In Gujarat, Rabi-2019 at Rs 4,612.

Tanzania Chana prices fell Rs 100 to Rs 5,200/100Kg in Mumbai on thin mills purchase and overseas supplies. New Tanzania Chana traded at Rs 5,400 in ready delivery. In forward business, Tanzania Chana priced at Rs 5,550/100Kg for Sept-Oct shipment.

Similarly, Sudan and Russia origin Kabuli Chickpea prices declined in the range of Rs 150-250 at Rs 5,600-5,950/100Kg and Rs 5,250, respectively on supplies of new crop from Sudan. However, scarcity in overseas supply from Russia because of restrictions on imports due to customs duty of 40 per cent.

On other hand, at Indore, 42-44 & 44-46 count Kabuli Chana was unchanged each at Rs 103,50/100Kg and Rs 102,00, respectively.

Australia origin Chana offered at $710 per ton in container on CNF basis and Russia Chana at $700 on cnf basis for Sep-Oct shipment.

Sudan and Russia origin Kabuli Chana offered each at $850 per ton on cnf basis for Sep-Oct shipment. Australia origin Kabuli Chickpea 7-8 MM quoted at $900 per ton on cnf basis for Sep-Oct shipment.

Overall supply shortage due to lower production, ban on import of yellow pea and also imports not viable due to higher import duty has supported prices. Moreover, procured Chana stock with government is less.


Despite strong fundamentals traders/millers are hesitant to take big expousre and buying to meet immediate requirements only as there were rumours in market that government may reduce import duty in Kabuli and may also remove ban on import of white peas.

If goverment actually reduces duty or opens up import of white peas market may witness some correction .

Imported Masoor (Mumbai)

Canada crimson variety Masoor along with Australia Masoor in Mumbai extended rise by Rs 300 each at Rs 7,600/100Kg and Rs 7,700, respectively amid speculative buying support despite fresh and upcoming overseas supplies as government reduced the import duty on lentil.

In forward business, Canada crimson variety Masoor traded at Rs 7,900/100Kg for September delivery at Kolkata.

Higher prices in international market on apprehension of lower crop output in Canada and USA, has also added to rally in Masoor prices.

Moreover, demand and sale counter in Masoor dal reported good.

Similarly, Canada crimson variety Masoor at Kandla-Mundra port moved higher by Rs 200-250 at Rs 7,400/100kg and Rs 7,400-7,450, respectively, while at Hajira it was priced up 300 at Rs 7,450-7,550/100Kg.

Canada crimson variety Masoor priced at $1060 per ton on cnf basis for Oct-Nov shipment. Australia origin nugget-nipper varieties at $1030 per ton on cnf basis for Oct-Nov shipment.

International lentil markets continued to advance during the past week as processors restricted their sales inspite of higher prices on other hand buyers were trying to cover their requirment as they fear further rise in prices on reports of below average yield and production in biggest supplier Canada.

Canada's first production estimate will be released on August 30, whereas the first yield estimates for the United States on September 12

Approximately 2,93,634 MT Masoor stocks was reported at various Indian ports as on Aug 27. Mundra-1,08,596 MT, Hazira-28,198 MT, Vizag-10,000 MT, Kakinada-53,000 MT, Kolkata-60,000 MT, Mumbai-7,000 MT, Kandla-2,840 Mt and Tuticorin-24,000 MT.

Moong (Jaipur)

Moong prices ruled almost unchanged at Rs 6,400-7,000/100Kg at Jaipur market of Rajasthan, as per quality, on limited mill buying as demand in processed Moong reported thin and new kharif crop arrivals from producing centers.

However, Moong and Moth are badly affected in the large parts of West Rajasthan as the area has received 20 percent less than normal rains .

The farmers and agriculture experts have to say that if Rajasthan does not recieve rainfall in moong growing belt in next few days than moong and moth crop will be advesely impacted .

New kharif Moong traded in the range of Rs 6,000-7,200/100Kg, as per quality, at Karnataka, Maharashtra and Telangana on local and outstation millers buying activity.

Summer crop Moong traded in the range of Rs 6,000-6,600/100Kg at Madhya Pradesh.

Vessel MV POLARIS Z from Africa had discharged 11,117 MT till date and 5,719 MT Balance to discharge. Vessel M V POLARIS Z carrying 16155 tonnes of Moong and Soybean in bags.

Vessel M V JUPITER carrying 4,692.266 MT Mozambique Moong is arrived at Mumbai port today and got berth at 13 ID, according to a shipping agency.

Argentina Moong offered at $920 per ton in container on CNF basis.

Overall, improved arrivals of new kharif Moong in producing centers, regular arrivals of summer crop Moong and overseas supplies likely to restict any price rise .

White Pea (Kanpur)

White Pea prices dropped by Rs 150-300 to Rs 5,700/100Kg (40% dal quality) and Rs 6,000 (60% filter quality) at Kanpur market on cautious of buying at higher rates amid fear that government may remove ban on import of White Pea. However, prices of White Pea are likely to get support due to a shortfall in its supply.

The stock of imported White pea is reportedly negligible after India banned the import of the yellow peas.Approximately 103596.925 MT White Pea stocks was reported at Mundra port as on Aug 27.

Romania origin Yellow pea offered at $410 per ton in container on CNF basis for Sep-Oct shipment.

Pea harvest activity in North America continues to make excellent progress, though rains weather slowed growers down in parts of the growing area.

Available data suggests the week started with 81% of the U.S. crop is now in the bin, compared to 64% at this time last year; while the Canadian harvest was around 76% complete, compared to 57% last year.

Markets continue to wait for the Canadian production estimates due on August 30.

(By Commodities control Bureau; +91 9820130172)