MUMBAI, 17 Oct (Commodities control) – Major pulses may trade firm this week tracking good demand from retail counters ahead of Diwali when consumption demand for dal, besan and other items made of pulses usually remained high. However, increasing supplies of tur and urad from overseas will limit the upside in the prices of raw pulses, but price trend is likely to remain positive.
Tur, Urad, Kabuli Chickpea and Moong prices held firm for the week ended 16 Oct 2021 despite increasing supplies as mills purchase gained at lower rates ahead of the peak festive demand from retail counters. However, Chana and White Pea remained weak due to thin activities. But, Masoor prices remained almost flat due to limited trade volume. Processed pulses witnessed limited activity.
Chana prices may gain support from increased festive demand and anticipation low acreage in the ongoing rabi season as farmers are seen taking more interest in cultivation of mustard seed and they may divert some areas of chana to mustard seed farming.
Farmers are expected to expand the sowing area of mustard seed due to its high prices and a favorable environment, as early sowing has begun in the main producing states of Rajasthan and Uttar Pradesh.
Past Week’s highlights
# Rabi crops’ acreage rises as farmers seen interested in mustard sowing. Click here
# Sown & harvesting status of kharif pulses crop as on 14 Oct, 2021. Click here
# The Gujarat government has started registration process for procurement of kharif pulses crops in the State.
Burma Lemon Tur
In imported variety, Tur Lemon variety of Burma-origin (new) traded higher by Rs 50 last week at Rs 6,250/100Kg in Mumbai as sellers were inactive at lower rates.
Millers preferring to purchase Burma Lemon variety Tur or domestic variety Tur compare to Africa Tur due to better quality on immediate requirement for crushing, said a trade analyst.
On other hand, Mozambique origin gajri variety traded flat at Rs 5,350-5,400/100Kg. Also, Tanzania origin Arusha variety Tur along with Matwara variety ruled steady at Rs 5,500-5,550/100Kg and Rs 5,400-5,450, respectively. Sudan Tur also quoted steady at Rs 6,400-6,450.
However, availability of African Tur at lower rates in ready business due to average quality with higher moisture content and also regular overseas supplies from Africa at cheaper ratesare likely to keep prices under pressure, as per the market observers.
In domestic market, Tur slipped by Rs 50 during the week to close at Rs 6,600-6,650/100Kg in bilty trade at benchmark market Akola.
In overseas markets Tur Lemon and Linkley varieties offered each at $850 /MT CNF India basis in Yangon market.
Vessel M V ETERNITY C from Africa had discharged 15,765 MT till 14th Oct at Mumbai port. Vessel is carrying 6,853.704 MT Malawi Tur and 25,385.307 MT Mozambique Tur.
Vessel M V PORTHOS from Africa had discharged 3,963 MT till 14th Oct at Mumbai port. Vessel is carrying 1,953.900 MT Mozambique Moong and 27,617.625 Mozambique Tur.
Average quality and cheaper overseas supplies from Africa will keep Tur prices under pressure. Moreover, demand in Tur dal was below expectation despite higher prices of vegetable. Tur prices are likely to get support at prevailing rates as reports of crop damage due to excessive rains in Marathwada region of Maharashtra.
Tur ( Prices In Rs /100Kg )
|
Market
|
Variety
|
16-Oct-21
|
09-Oct-21
|
01-Oct-21
|
16-Oct-20
|
Mumbai
|
Lemon Old
|
NA
|
6100
|
6250
|
NA
|
Mumbai
|
Lemon New
|
6250
|
6200
|
6350
|
7000
|
Akola
|
Desi Bilty
|
6600-6650
|
6650-6700
|
6725-6775
|
7600-7650
|
Gulbarga
|
Desi
|
6300-6500
|
6400-6500
|
6400-6500
|
NA
|
|
|
|
|
|
|
Tur Dal ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
16-Oct-21
|
09-Oct-21
|
01-Oct-21
|
16-Oct-20
|
Akola
|
Phatka
|
9000-9200
|
9000-9200
|
9100-9300
|
10400-10600
|
Gulbarga
|
Phatka
|
8900-9300
|
8900-9300
|
9000-9400
|
NA
|
Katni
|
Phatka
|
9250-9350
|
9300-9400
|
9350-9450
|
10500-10600
|
Burma Urad
Prices of Burma Urad FAQ variety ruled firm by Rs 25 at Rs 7,075/100Kg in Mumbai due to fresh mills buying support at lower rates, damage in new Kharif crop at major producing centres despite regular imports from Burma and slow offtake in processed Urad.
Similarly, Burma Urad FAQ variety in Chennai gained by Rs 50 to Rs 6,900/100Kg on selected mills buying. While, SQ variety traded unchanged at Rs 7,775-7,800.
Nafed is liquidating its old stock in Madhya Pradesh-Uttar Pradesh and Rajasthan.
Besides, dry crop of new Kharif Urad is reportedly arriving in domestic market as weather is clear now. However, quality is the major concerns as Urad arriving in the local market is mostly of damaged, discolored or dagi quality and good quality of crop arriving in the market is very low, said the trade sources. The millers and traders are seen more interested to buy good quality of new crop.
Urad prices are likely to get support in coming days as crop damage is estimated around 50-60%, because, quality and yield both affected due to rains and pest attack during harvesting period.
Maharashtra origin new Urad traded in the range of Rs 6,000-7,300/100Kg, as per quality for Naya bazaar pulses market of Delhi.
Maharashtra origin new Urad traded at Rs 7,200/100Kg for Guntur delivery.
In the overseas markets, Urad SQ-FAQ varieties were priced lower at $1090 and $930 per tonne respectively on a CNF basis in Burma. Meanwhile, no actual trade in any pulses was witnessed as no overseas buyers were active. Pulses price movement was reported due to movement of local currency against US dollar.
Myanmar Kyat was trading 1920 Vs 2400 on (29th Sept) against the US dollar in the local market.
Already, direct container vessels carrying urad regularly depart from Yangon for Chennai.
The government of India has extended the free import policy for Tur-Urad till 31 January 2022.
The government laid down the procedure and modalities for import of 2.5 lakh tonnes of urad and 1 lakh tonne of tur from Myanmar for FY 2021-22.
Urad ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
16-Oct-21
|
09-Oct-21
|
01-Oct-21
|
16-Oct-20
|
Mumbai FAQ
|
FAQ
|
7075
|
7050
|
7075
|
7850
|
Chennai
|
FAQ
|
6900
|
6850
|
6900
|
7800-7850
|
Chennai
|
SQ
|
7775-7800
|
7800
|
7925
|
8900
|
Jalgaon
|
Desi
|
7200-7550
|
7100-7450
|
7175-7400
|
7450-7900
|
|
|
|
|
|
|
Urad Dal ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
16-Oct-21
|
09-Oct-21
|
01-Oct-21
|
16-Oct-20
|
Mumbai
|
|
9400-10000
|
9500-10000
|
9700-10100
|
10300-10800
|
Chana Kantewala Indore
Chana prices declined by Rs 50 at Rs 5,300/100Kg for the week at Indore amid thin mills trade activity.
Meanwhile, action in Chana dal and besan witnessed thin activity. However, dal-besan prices are likely to be ruled firm in coming days ahead of the festival season from retail counters.
Nafed is actively liquidating its stocks of Chana at various centres. However, Nafed old procured Chana stock of R-2018 and R-2019 was reported negligible in Madhya Pradesh and quality of R-2020 was average.
Sowing of Chana began in southern markets from last week. Seed demand for Rabi sowing will also support Chana prices.
For international origins, Tanzania Chana, both old-new traded lower at Rs 4,800/100Kg and Rs 5,000, respectively.
Sudan origin Kabuli Chickpea also traded lower by Rs 150-200 at Rs 5,250-5,350/100Kg on thin mills buying and supplies of new crop from Sudan. While, Russia Kabuli Chickpea priced unchanged at Rs 4,850-5,000/100Kg despite import of Russian origin was not viable due to high import duty of 40%.
Indore Kabuli Chana 42-44 & 44-46 counted gained Rs 50 at Rs 9,650/100Kg and Rs 9,500, respectively on better trade. Similarly, dollar variety Chana priced higher by Rs 200 at Rs 8,500-9,400.
Chana ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
16-Oct-21
|
09-Oct-21
|
01-Oct-21
|
16-Oct-20
|
Mumbai
|
Tanzania
|
4800-5000
|
4900-5050
|
4850-5050
|
5250-5275
|
Indore
|
Katewala
|
5300
|
5350
|
5300
|
5400
|
Delhi
|
Rajasthan origin
|
5350
|
5300
|
5350-5375
|
5450
|
Akola
|
|
5200-5225
|
5225-5250
|
5250-5275
|
5450-5500
|
Bikaner
|
|
5100
|
5100
|
5150
|
5300
|
|
|
|
|
|
|
Chana Dal ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
16-Oct-21
|
09-Oct-21
|
01-Oct-21
|
16-Oct-20
|
Akola
|
|
5900-6300
|
5900-6300
|
6000-6400
|
6500-7200
|
Indore
|
|
6000-6300
|
6200-6500
|
6200-6600
|
6500-7000
|
Jaipur
|
|
6000
|
6025
|
6100
|
6400
|
|
|
|
|
|
|
Chana Besan ( Prices In Rs / 50Kg )
|
Market
|
Variety
|
16-Oct-21
|
09-Oct-21
|
01-Oct-21
|
16-Oct-20
|
Mumbai
|
|
3650-3700
|
3650-3700
|
3650-3700
|
3850
|
|
|
|
|
|
|
Kabuli Chana ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
16-Oct-21
|
09-Oct-21
|
01-Oct-21
|
16-Oct-20
|
Indore
|
42-44
|
9650
|
9600
|
9400
|
7100
|
|
44-46
|
9500
|
9450
|
9250
|
6950
|
|
Dollar
|
8500-9400
|
8500-9200
|
8500-9200
|
NA
|
Mumbai
|
Sudan
|
5250-5350
|
5450-5600
|
5450-5600
|
5550
|
|
Russia
|
4850-5000
|
4850
|
4850
|
5450
|
Imported Masoor (Mumbai)
Canada crimson variety Masoor along with Australia Masoor at Mumbai ruled unchanged each at Rs 7,450/100Kg and Rs 7,500, respectively amid limited mills purchase as offtake in processed Masoor is thin and overseas supplies.
On other hand, Canada crimson variety Masoor at Hajira-Mundra port moved higher by Rs 50-100 each at Rs 7,300-7,350/100kg and Rs 7,250-7,300, respectively on selected mills purchase.
However, as per market sources, Nafed is active in buying imported Masoor from private importers. But, cautious trade was reported on fear of government agency may sell procured imported stock at lower rates in future.
Vessel M V ADVENTURER carrying about 32735 tonnes of Canada red Masoor has started discharging its cargo at Mundra Port.
International Masoor markets witnessed mixed tone as exporters continue to face competition from resellers. Relatively large price differences in reported bid and ask prices in India, which remains a focus of markets since base import duties were eliminated on all origins except the United States.
Higher MSP for upcoming Rabi Masoor crop in India will boost plantation. Beneficial rains and higher prices received by farmers for plant year crops will lead to higher sowing in Masoor for the upcoming Rabi crop. In the near term this will boost Seed demand expected in near future.
Masoor ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
16-Oct-21
|
09-Oct-21
|
01-Oct-21
|
16-Oct-20
|
Mumbai
|
Canada
|
7450
|
7450
|
7450-7475
|
5231-5300
|
|
Australia
|
7500
|
7500
|
7550-7575
|
5400-5425
|
Mundra
|
Canada
|
7250-7300
|
7125-7200
|
7250-7300
|
5231
|
Hajira
|
Canada
|
7300-7350
|
7250-7300
|
7275-7350
|
5231
|
Kandla
|
Canada
|
NA
|
NA
|
NA
|
NA
|
Kolkata
|
Canada
|
7450
|
7400-7450
|
7500
|
5300-5375
|
|
Australia
|
7550
|
7550
|
7650
|
5450-5600
|
Indore
|
Desi
|
7450
|
7400-7450
|
7400
|
NA
|
Raipur
|
Desi
|
7400-7450
|
NA
|
NA
|
NA
|
Kanpur
|
Desi
|
7700
|
7800
|
7700
|
5850
|
|
|
|
|
|
|
Masoor Dal ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
16-Oct-21
|
09-Oct-21
|
01-Oct-21
|
16-Oct-20
|
Khopoli
|
|
8650-8750
|
8650-8850
|
8600-8900
|
6400
|
Katni
|
|
NA
|
NA
|
8450-8950
|
6300-6550
|
Moong (Jaipur)
New Moong prices traded higher by Rs 50 at Rs 6,500-7,250/100Kg at Jaipur market of Rajasthan, as per quality, due to millers buying activity on immediate requirement for crushing against ongoing arrivals.
However, offtake in processed Moong reported thin.
Mozambique origin Moong priced at Rs 6,200-6,250/100Kg at Mumbai.
Vessel M V PORTHOS from Africa had discharged 3,963 MT till 14th Oct at Mumbai port. Vessel carrying 1,953.900 MT Mozambique Moong and 27,617.625 Mozambique Tur.
In major producing centres, arrivals of dagi, discoloured with moisture content quality were reported. No arrival pressure of new Moong was witnessed in major producing centres. Millers-traders were interested to purchase good quality new crop.
Moong ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
16-Oct-21
|
09-Oct-21
|
01-Oct-21
|
16-Oct-20
|
Jaipur
|
|
6500-7250
|
6400-7200
|
6400-7200
|
7400-7600
|
Harda
|
|
4000-7150
|
NA
|
4000-6970
|
NA
|
|
|
|
|
|
|
Moong Dal ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
16-Oct-21
|
09-Oct-21
|
01-Oct-21
|
16-Oct-20
|
Jaipur
|
|
7600-8500
|
7500-8500
|
7500-8500
|
8200-8300
|
Gulbarga
|
|
8900-9000
|
8700-8800
|
8700-8800
|
NA
|
White Pea (Kanpur)
White Pea prices extended fall by Rs 50 each at Rs 5,650/100Kg (40% dal quality) and Rs 6,000 (60% filter quality) at Kanpur market on slack buying support from local and outstation markets despite shortage.
On other hand, Vatana besan and dal remained stable each at Rs 4,800/50Kg and Rs 6,900, respectively.
Canada's 2021-22 dry pea production may fall to 2.5 million tonnes (Mt), down 45 percent from 2020-21 due to lower yield.
Activity in white pea market is likely to remain thin as limited stock is available and no fresh supply is expected due to import restriction while demand is restricted due to lower chana prices.
White Pea ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
16-Oct-21
|
09-Oct-21
|
01-Oct-21
|
16-Oct-20
|
Mumbai
|
Canada
|
No Stock
|
No Stock
|
No Stock
|
No Stock
|
Kolkata
|
Canada
|
No Stock
|
No Stock
|
No Stock
|
No Stock
|
Kanpur
|
|
5650-6000
|
5700-6050
|
5750-6150
|
6150
|
|
|
|
|
|
|
White Pea besan ( Prices In Rs / 50Kg )
|
Market
|
Variety
|
16-Oct-21
|
09-Oct-21
|
01-Oct-21
|
16-Oct-20
|
Mumbai
|
|
4800
|
4800
|
4800
|
3950
|
|
|
|
|
|
|
White Pea Dal ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
16-Oct-21
|
09-Oct-21
|
01-Oct-21
|
16-Oct-20
|
Mumbai
|
|
6900
|
6900
|
6900
|
7200
|
(By Commodities control Bureau; +91 9820130172)