MUMBAI, 11 Sep (Commodities control) – Tur, Masoor, Chana, and Kabuli Chickpea remained weak for the week ended 11 Sep 2021 amid slack mills purchase. On other hand, Moong prices ruled firm on mills buying support despite new Kharif crop arrivals. While Urad-White Pea prices traded almost unchanged due to limited activities.
Trade activity was thin due to heavy rains in major trading and production centers. Trading activity was also impacted as some markets remained closed due to festivals like Paryushan, Ganesh Chaturthi, and Rishi Panchmi.
Country major pulses growing regions in Maharashtra and Karnataka have witnessed heavy rains last week this may damage the crop and impact the yield and quality of the crop. As per trade current Kharif crop was already affected by the uneven distribution of rainfall and pest attacks and was expecting current year Kharif pulses crop to be lower than last year's crop of 87 lakh tonnes.With last week heavy rains this figure may be revised down further despite higher acreage.
Though markets are trading subdued for most of the pulses it is likely that the market will move upin coming weeks to factor in low Kharif crop production and increase in demand due to opening of economy and ongoing festival season.
Past Week’s Highlights
# India Kharif Pulses Sowing up 1.93 % As On Sep 10 At 139.63 Lakh Ha Vs 136.98 Last Year. Tur: 49.84 Vs 47.98, Urad: 38.89 Vs 38.32, Moong: 35.1 Vs 35.21, Other Pulses: 15.29 Vs 14.93.
# India 2021-22 state-wise Kharif pulses sowing Sep 8. Click here
# India's 2021-22 Sowing Area of Kharif Crops Down 0.89% YoY So Far: Govt. Click here
# Cabinet increases MSP of Chana-Masoor by 2.55 percent or Rs 130 at Rs 5,230/100Kg and 8 percent or Rs 400 at Rs 5,500/100Kg for marketing season 2022-23. Click here
# TNCSC issues tender to purchase 25000 MT Tur Dal/Masoor Dal/Masoor. Last date for online submission up to 16.9.2021. Click here
# India has allowed one time import of Masoor/lentils from Russia for a period of six months. Click here
# State Cooperative Marketing Federation procures 3.29 L MT summer moong so far on MSP. Click here
# Notice issued to mills having stock of more than 500 tonnes in Delhi. According to sources, notices have been issued to 15 pulse mills of Delhi. Click here
Burma Lemon Tur
Tur Lemon variety of Burma-origin (new) traded lower by Rs 100 for the week at Rs 6,500/100Kg in Mumbai due to thin mills purchase activities and consistent supply of overseas origin raw Tur . Demand and sale counter in Tur dal was reported slack.
In other overseas origins’ Tanzania Arusha variety Tur and Mozambique Gajri variety also ruled weak at Rs 6,300-6,425 and Rs 6,325, respectively. Sudan Tur also declined and closed the week at Rs 6,750.100kg.
Similarly, the domestic variety of Tur down Rs 125 during the week to close at Rs 6,950-7,000/100Kg in bilty trade at benchmark market Akola.
In overseas markets, Tur Lemon-Linkhey varieties traded weak at $880 and $900 per tonne respectively on a CNF basis in Burma. Around 50-60 containers of Tur Lemon traded for India at $740-$750 per metric ton on FOB basis.
In forward business, Tanzania origin Arusha variety Tur quoted at $845 per ton on CIF basis Nhava Sheva for Sep shipment.
Vessel M V JUPITER from Africa had discharged 14,024 MT till date and 7,629 MT balance to discharge. Vessel M V JUPITER carrying 4,692.266 MT Mozambique Moong, 7,314 MT Mozambique Tur, 400 MT Mozambique Tur dal, 2,953. 666 MT Malawi Tur, 730.758 MT Malawi Tur dal and 2,946.682 Soybean.
In other major development, the government laid down the procedure and modalities for the import of 1 lakh tonne of tur from Myanmar and 50,000 MT of tur from Malawi for FY 2021-22.
The market should improve from current levels once the extent of damage due to current ongoing heavy rains in Maharashtra and Karnataka is accessed. At present traders and mills have limited stock to meet immediate requirements as there was the visibility of sufficient supply from Kharif pulses and imports but if there is some major damage due to excessive rains than it will compel mills and traders to cover their near term requirements hence it may lead to prices going up.
Tur ( Prices In Rs /100Kg )
|
Market
|
Variety
|
11-Sep-21
|
04-Sep-21
|
28-Aug-21
|
11-Sep-20
|
Mumbai
|
Lemon Old
|
6400
|
6500
|
6450
|
5850
|
Mumbai
|
Lemon New
|
6500
|
6600
|
6550
|
|
Akola
|
Desi Bilty
|
6950-7000
|
7075-7125
|
7025-7075
|
6425-6475
|
Gulbarga
|
Desi
|
NA
|
6500-6600
|
6500-6700
|
6200-6425
|
|
|
|
|
|
|
Tur Dal ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
11-Sep-21
|
04-Sep-21
|
28-Aug-21
|
11-Sep-20
|
Akola
|
Phatka
|
9400-9600
|
9400-9600
|
9500-9700
|
8600-8800
|
Gulbarga
|
Phatka
|
NA
|
9200-9600
|
9200-9600
|
8600-9000
|
Katni
|
Phatka
|
9500-9600
|
9550-9650
|
9600-9700
|
8700-8800
|
Burma Urad
Prices of Burma Urad FAQ variety almost remained unchanged at Rs 7,150/100Kg in Mumbai due to limited mills buying support at higher rates, overseas supplies, and Kharif crop arrivals. There is limited demand from the upcountry for imported Urad as Nafed is liquidating its old stock in Madhya Pradesh-Rajasthan.
Similarly, Burma Urad FAQ-SQ varieties in Chennai also traded flat to Rs 6,900/100Kg and Rs 8,000, respectively.
However, prices are likely to get support due to fear of new Kharif crop damage. There are reports quality is likely to be affected due to rains during harvesting. Moisture content is higher in new-crop arriving in the market. Millers-traders were interested to purchase good quality new crop.
Harvesting of the new Kharif Urad may begin within 15-20 days at Madhya Pradesh and Uttar Pradesh.
New Kharif Urad traded in the range of Rs 6,500-7,000/100Kg as per quality. Maharashtra origin new Urad traded firm at Rs 7,600-7,700/100Kg at Guntur market.
In the overseas markets, Urad FAQ-SQ varieties traded at $930 and $1110 per ton on a CNF basis in Burma amid thin inquiry from India. Meanwhile, sellers were active as local currency trading weak against the US dollar. Myanmar Kyat was trading 1975 Vs 1824 last week against the US dollar in the local market.
The government laid down the procedure and modalities for import of 2.5 lakh tonnes of urad from Myanmar for FY 2021-22.
Urad is likely to trade range-bound in the coming as new Kharif crop arrivals and imports from Burma will restrict any price rise at the same damage in quality and yield due to heavy rains and pest attack will support the prices at lower levels.
Urad ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
11-Sep-21
|
04-Sep-21
|
28-Aug-21
|
11-Sep-20
|
Mumbai FAQ
|
FAQ
|
7150
|
7150
|
6800
|
6550
|
Chennai
|
FAQ
|
6900
|
6900-6925
|
6650
|
6475-6500
|
Chennai
|
SQ
|
8000
|
8000
|
7600
|
7550-7600
|
Jalgaon
|
Desi
|
7150-7650
|
6900-7500
|
6750-7250
|
6400-6750
|
|
|
|
|
|
|
Urad Dal ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
11-Sep-21
|
04-Sep-21
|
28-Aug-21
|
11-Sep-20
|
Mumbai
|
|
9650-10100
|
9550-10000
|
9450-9800
|
8050-8850
|
Chana Kantewala Indore
Chana prices declined by Rs 100 at Rs 5,500-5,525/100Kg for the week at Indore amid thin mills trade.
Moreover, the Chana dal and besan demand scenario remains quiet.
An increase in MSP for upcoming Rabi crop Chana at 5,230/100Kg for marketing season 2022-23 was below market expectation.
Meanwhile, Nafed is actively liquidating its stocks of Chana at various centers. FCI is also active in selling stock procured in Maharashtra.
Nafed sold Chana Rabi-2019 at Rs 5,025/100Kg and Rabi-2020 at Rs 5,200-5,232 in Madhya Pradesh on 9th Sep 2021.In Rajasthan, Rabi-2020 at Rs 5,303/100kg.
For international origins, Tanzania Chana prices fell Rs 100 to Rs 5,150/100Kg, as per quality in Mumbai. New Tanzania Chana traded weak by Rs 150 at Rs 5,300 in ready delivery.
In forward business, Tanzania Chana priced at Rs 5,450/100Kg for September-October shipment and Rs 5,550/100Kg for October-November shipment.
Tanzania origin Chana offered at $730 per ton in container on CIF basis Nhava Sheva port for September shipment.
Similarly, Sudan and Russia Kabuli Chickpea priced lower each by Rs 150-200 at Rs 5,600-5,950/100Kg and Rs 5,100 on thin purchase and fresh supplies of new crop from Sudan. Fresh imports of Russian origin are not competitive as it attracts import duty of 40%.
Indore Kabuli Chana 42-44 & 44-46 count extended fall by Rs 200 each at Rs 100,50/100Kg and Rs 9,900, respectively.
Production of Australia Chickpea is forecast to increase by 15% to 8.44 lakh tonnes during the year 2021-22, according to ABARES crop report September 2021. Similarly, the area planted to chickpeas is forecast to increase by 25% to 633,000 hectares.
In spite of lower production and ban on import of yellow peas, Chana prices have failed to move up because of repeated government intervention and liquidity crunch in the market due to lockdowns but with the arrival of new Kharif crop, there will be the fresh infusion of funds in rural market which in turn may revive the demand during the ongoing festive season. Forward transaction in imported Chana is also indicating higher prices in the near term. But if there is a third-wave of Covid and any sort of government intervention then rally may fail to materialize but at the same time down side is limited from current prices.
Chana ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
11-Sep-21
|
04-Sep-21
|
28-Aug-21
|
11-Sep-20
|
Mumbai
|
Tanzania
|
5150-5300
|
5250-5450
|
5200
|
5100
|
Indore
|
Katewala
|
5500-5525
|
5600
|
5600
|
5100-5125
|
Delhi
|
Rajasthan origin
|
5450-5475
|
5525-5550
|
5525-5550
|
5275
|
Akola
|
|
5375-5400
|
5475-5500
|
5425-5450
|
5250-5300
|
Bikaner
|
|
5150
|
5350
|
5300
|
5100
|
|
|
|
|
|
|
Chana Dal ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
11-Sep-21
|
04-Sep-21
|
28-Aug-21
|
11-Sep-20
|
Akola
|
|
6300-6800
|
6300-6800
|
6500-6900
|
5700-6100
|
Indore
|
|
6500-7000
|
6500-7000
|
6500-7000
|
6000-6200
|
Jaipur
|
|
6250
|
6400
|
6400-6425
|
6200-6225
|
|
|
|
|
|
|
Chana Besan ( Prices In Rs / 50Kg )
|
Market
|
Variety
|
11-Sep-21
|
04-Sep-21
|
28-Aug-21
|
11-Sep-20
|
Mumbai
|
|
3700-3750
|
3700-3750
|
3650-3700
|
3475
|
|
|
|
|
|
|
Kabuli Chana ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
11-Sep-21
|
04-Sep-21
|
28-Aug-21
|
11-Sep-20
|
Indore
|
42-44
|
10050
|
10250
|
10350
|
7800
|
|
44-46
|
9900
|
10100
|
10200
|
7600
|
|
Dollar
|
9000-9600
|
9000-9800
|
9000-9500
|
7000-7500
|
Mumbai
|
Sudan
|
5600-5950
|
5700-6100
|
5600-5950
|
5350
|
|
Russia
|
5100
|
5300
|
5250
|
5200
|
Imported Masoor (Mumbai)
Canada crimson variety Masoor along with Australia Masoor at Mumbai slipped by Rs 50-100 at Rs 7,550/100Kg and Rs 7,650, respectively as millers refrained to purchase, fresh and upcoming overseas supplies as the government reduced the import duty on lentils.
Moreover, India has allowed one-time import of Masoor from Russia for a period of six months. Resellers were also active in the market.
However, higher prices in the international market on the apprehension of lower crop output in Canada and USA, likely to support Masoor prices at lower rates.
Production of Australia Masoor is to increase by 0.79% to 6.39 lakh tonnes during the year 2021-22, according to ABARES crop report September 2021. Similarly, the area planted to Masoor is higher by 6% to 390,000 hectares.
Cabinet increases MSP of Masoor by 8 percent or Rs 400 at Rs 5,500/100Kg for marketing season 2022-23.
Nafed has invited offers for supply of 15,000 MT imported Masoor from private importers. Prices for imported Masoor to be quoted for supply shall not exceeding Rs 7,000/100Kg. Bids will be opened on 13th September 2021.The delivery of stock should be completed up to 28th September 2021. But given the current price, it is unlikely that Nafed will get any offer for supply.
Tracking Mumbai market Canada crimson variety Masoor at Hajira-Mundra port also dropped by Rs 100 at Rs 7,450-7,525/100kg and Rs 7,400-7,450, respectively.
Vessel M V MELODY carrying 10048.180 MT of Australia Masoor is expected to arrive at Mumbai port on 20th September, 2021.
Vessel M V PERSUES carrying approximately 22,550 MT of Canada red Masoor arrived at Mundra port on 8th September.
Masoor prices are to remain range-bound due to consistent supply from overseas but lower US and Canada crop and higher MSP in India to restrict down side.
Masoor ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
11-Sep-21
|
04-Sep-21
|
28-Aug-21
|
11-Sep-20
|
Mumbai
|
Canada
|
7550
|
7650
|
7600
|
5350-5450
|
|
Australia
|
7650
|
7700
|
7700
|
5550
|
Mundra
|
Canada
|
7400-7450
|
7500-7550
|
7400-7450
|
5351
|
Hajira
|
Canada
|
7450-7525
|
7550-7600
|
7450-7550
|
5351
|
Kandla
|
Canada
|
NA
|
7500
|
7400
|
NA
|
Kolkata
|
Canada
|
7600
|
7650
|
7600
|
5400-5450
|
|
Australia
|
7750
|
7800
|
7800
|
5600-5800
|
Indore
|
Desi
|
7600
|
7700
|
7600
|
5700-5725
|
Raipur
|
Desi
|
NA
|
7500
|
7350-7400
|
5650-5700
|
Kanpur
|
Desi
|
7850
|
7925
|
7850
|
5925
|
|
|
|
|
|
|
Masoor Dal ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
11-Sep-21
|
04-Sep-21
|
28-Aug-21
|
11-Sep-20
|
Khopoli
|
|
8800-9100
|
8800-9100
|
8700-9000
|
6400
|
Katni
|
|
NA
|
NA
|
NA
|
6500-6700
|
Moong (Jaipur)
Old variety Moong prices ruled higher for second straight week in a row by Rs 100 at Rs 6,600-7,200/100Kg at Jaipur market of Rajasthan, as per quality, on mill buying as demand in processed Moong reported despite regular new kharif crop arrivals at producing centres.
On other hand, new kharif Moong traded in the range of Rs 5,800-6,800/100Kg, as per quality in Rajasthan.
Local stockiest and millers along with outstation millers from Punjab, Haryana, Jaipur, Maharashtra and Mumbai were active in purchasing new Moong from Karnataka and other states.
New kharif Moong traded in the range of Rs 6,500-7,200/100Kg, as per quality, at Karnataka, Maharashtra and Telangana.
Summer crop Moong traded in the range of Rs 6,000-6,600/100Kg at Madhya Pradesh.
Vessel M V JUPITER from Africa had discharged 14,024 MT till date and 7,629 MT balance to discharge. Vessel M V JUPITER carrying 4,692.266 MT Mozambique Moong, 7,314 MT Mozambique Tur, 400 MT Mozambique Tur dal, 2,953. 666 MT Malawi Tur, 730.758 MT Malawi Tur dal and 2,946.682 Soybean.
In spite of improved demand prices are likely to remain range bound due to corresponding improved arrivals of new kharif Moong and summer crop and overseas supplies.
Moong ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
11-Sep-21
|
04-Sep-21
|
28-Aug-21
|
11-Sep-20
|
Jaipur
|
|
6600-7200
|
6500-7100
|
6400-7000
|
6500-6600
|
Harda
|
|
NA
|
5800-6750
|
NA
|
NA
|
|
|
|
|
|
|
Moong Dal ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
11-Sep-21
|
04-Sep-21
|
28-Aug-21
|
11-Sep-20
|
Jaipur
|
|
7600-8700
|
7600-8600
|
7500-8400
|
7200-7300
|
Gulbarga
|
|
NA
|
9100-9200
|
8500-8600
|
8400-8500
|
White Pea (Kanpur)
White Pea prices traded flat at Rs 5,700/100Kg (40% dal quality) and Rs 6,100 (60% filter quality) at Kanpur market on limited buying support from local and outstation markets despite shortage.
Prices are likely to rise further if government does not permit the import of white peas. Cautious buying was witnessed at higher rates amid fear that government may remove ban on the import of White Pea. However, prices of White Pea are unlikely to fall much as there is limited stock and production in the biggest supplier Canada has decreased sharply.
Similarly, Vatana besan and dal remained stable each at Rs 4,800/50Kg and Rs 6,900, respectively.
White Pea ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
11-Sep-21
|
04-Sep-21
|
28-Aug-21
|
11-Sep-20
|
Mumbai
|
Canada
|
No Stock
|
No Stock
|
No Stock
|
No Stock
|
Kolkata
|
Canada
|
No Stock
|
No Stock
|
No Stock
|
No Stock
|
Kanpur
|
|
5700-6100
|
5750-6100
|
5700-6000
|
6600
|
|
|
|
|
|
|
White Pea besan ( Prices In Rs / 50Kg )
|
Market
|
Variety
|
11-Sep-21
|
04-Sep-21
|
28-Aug-21
|
11-Sep-20
|
Mumbai
|
|
4800
|
4800
|
4700
|
3650
|
|
|
|
|
|
|
White Pea Dal ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
11-Sep-21
|
04-Sep-21
|
28-Aug-21
|
11-Sep-20
|
Mumbai
|
|
6900
|
6900
|
6700
|
6700
|
(By Commodities control Bureau; +91 9820130172)