MUMBAI, 25 Oct (Commodities control) – Prices of major imported pulses, such as Tur, Urad, Masoor, Chana, Kabuli Chickpea, Moong and White Pea headed southward for the week ended 23 Oct 2021 due to thin buying carried out by mills while overseas supplies continued. Selling pressure is likely to continue ahead of Diwali, following which prices may fall further this week.
The millers, traders, stockiest as well as the farmers will be active in liquidating their stocks before Diwali to meet their financial needs, said the market analysts.
Meanwhile, action in processed pulses witnessed below expectation last week despite vegetable prices are reportedly soaring and festive season is going on.
However, millers were active to sell processed pulses to government agency in tender for civil supply. Also, government agencies invited bids for milling-packaging pulses stock.
Pulses prices are not gaining much support from reports of crop loss this kharif season due to weather fury. Urad and Moong are reportedly affected due to excess rain in Sep-Oct and most of the new crops arriving in the market are poor in quality.
Past Week’s highlights
# India's Rabi pulses sowing was down by 35.32% as on October 22 to 3.04 lakh hectare vs 4.7 lakh hectare during the same period last year.
# India's Total Acreage of Rabi Crops up 5% y/y at 21.37 lakh hectare so far, driven by higher acreage in case of oilseeds and coarse cereals.
# Canada's 2021-22 Dry Pea Production may Fall 45% y/y to 2.5 million tonnes.
# TNCSC issues e-tender to purchase 60000 MT Tur Dal/Masoor Dal/Masoor.
# Rajasthan CM directs officials to conduct assessment of crop loss due to unseasonal rains.
# Pulses market may see firm demand on vegetable price hikes.
# Pulses arrived at JNPT in September month.
Burma Lemon Tur
In imported variety, Tur Lemon variety of Burma-origin (new) traded lower by Rs 200 last week at Rs 6,050/100Kg in Mumbai due to thin participation from millers.
Similarly, Tanzania origin Arusha variety Tur ruled weak at Rs 5,400/100Kg. Also, Matwara variety Tur declined at Rs 5,350.Mozambique origin gajri variety priced lower at Rs 5,300-5,350/100Kg. Sudan Tur also offered down at Rs 6,250-6,350.
Availability of African Tur-Tur dal at lower rates in ready business due to average quality and also regular overseas supplies from Africa at cheaper rates are likely to keep prices under pressure, as per the market observers.
In domestic market, Tur slipped by Rs 200 during the week to close at Rs 6,400-6,450/100Kg in bilty trade at benchmark market Akola.
In overseas markets Tur Lemon and Linkley varieties offered each at $840 /MT and $850/MT, respectively on CNF India basis in Yangon market.
Vessel M V ETERNITY C from Africa was to be discharged 29,615 MT till 22nd 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 was to be discharged 16,500 MT till 22nd Oct at Mumbai port. Vessel is carrying 1,953.900 MT Mozambique Moong and 27,617.625 Mozambique Tur.
Moreover, stockists and farmers holding Tur stock are now active to liquidate stock.
But, harvesting of Tur is likely to be delayed at least 15-20 days from normal period.
The government extended the free import policy for Tur-Urad till 31 January 2022.
Tur ( Prices In Rs /100Kg )
|
Market
|
Variety
|
23-Oct-21
|
16-Oct-21
|
09-Oct-21
|
23-Oct-20
|
Mumbai
|
Lemon Old
|
NA
|
NA
|
6100
|
NA
|
Mumbai
|
Lemon New
|
6050
|
6250
|
6200
|
6900
|
Akola
|
Desi Bilty
|
6400-6450
|
6600-6650
|
6650-6700
|
7400-7450
|
Gulbarga
|
Desi
|
6300-6400
|
6300-6500
|
6400-6500
|
7500-7700
|
|
|
|
|
|
|
Tur Dal ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
23-Oct-21
|
16-Oct-21
|
09-Oct-21
|
23-Oct-20
|
Akola
|
Phatka
|
9000-9200
|
9000-9200
|
9000-9200
|
10500-10700
|
Gulbarga
|
Phatka
|
8800-9200
|
8900-9300
|
8900-9300
|
10500-11000
|
Katni
|
Phatka
|
9100-9200
|
9250-9350
|
9300-9400
|
10700-10900
|
Burma Urad
Prices of Burma Urad FAQ variety eased by Rs 25 at Rs 7,050/100Kg in Mumbai due to thin mills buying as there is slow off-take in Urad dal, liquidity crunch, increased arrivals of new Kharif crop and imports from overseas.
Similarly, Burma Urad SQ variety in Chennai fell by Rs 25-50 at Rs 7,750/100Kg. While, FAQ variety traded unchanged at Rs 6,900.
Moreover, Nafed is liquidating its old stock in Madhya Pradesh.
Meanwhile, increased arrivals of new Kharif Urad is being witnessed 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 6,000-7,200/100Kg, as per quality for Naya bazaar pulses market of Delhi.
Maharashtra origin new Urad traded at Rs 7,400/100Kg for Guntur delivery.
In the overseas markets, Urad SQ-FAQ varieties priced at $1070 per ton and $930 per ton on a CNF basis in Burma. No actual trade in any pulses was witnessed as no overseas buyers active. Pulses price movement was reported due to movement of local currency against US dollar.
Myanmar Kyat was trading 1875 Vs 1920 last week (16th Oct) 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
|
23-Oct-21
|
16-Oct-21
|
09-Oct-21
|
23-Oct-20
|
Mumbai FAQ
|
FAQ
|
7050
|
7075
|
7050
|
7800
|
Chennai
|
FAQ
|
6900
|
6900
|
6850
|
8000
|
Chennai
|
SQ
|
7750
|
7775-7800
|
7800
|
9100
|
Jalgaon
|
Desi
|
7250-7600
|
7200-7550
|
7100-7450
|
7450-7900
|
|
|
|
|
|
|
Urad Dal ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
23-Oct-21
|
16-Oct-21
|
09-Oct-21
|
23-Oct-20
|
Mumbai
|
|
9400-10000
|
9400-10000
|
9500-10000
|
10300-10800
|
Chana Kantewala Indore
Chana prices extended fall by Rs 100-150 at Rs 5,150-5,200/100Kg for the week at Indore amid thin mills trade activity.
Meanwhile, demand in Chana dal and besan witnessed below expectation ahead of the festival season from retail counters.
Moreover, stockists and farmers holding Chana stock are now active to liquidate stock.
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.
India 2021-22 Rabi Chana acreage was down 40.21%, as on Oct 22, at 2.32 Lakh Ha Vs 3.88 Last Year.
Rabi sowing in Rajasthan up 81.32 percent 2021-2022 season, according to state agriculture department as on 18 Oct, 2021.Chana sowing down 58.48%.
For international origins, Tanzania Chana, both new traded lower by Rs 75 at Rs 4,925/100Kg. While, old variety ruled flat at Rs 4,800.
Sudan-Russia origin Kabuli Chickpea declined each by Rs 100-150 to Rs 5,100-5,200/100Kg and Rs 4,700-4,900, respectively on slack mills buying, following weak trend in Chana and supplies of new crop from Sudan. However, Import of Russian origin was not viable due to high import duty of 40%.
Indore Kabuli Chana 42-44 & 44-46 counted drifted down Rs 450 at Rs 9,200/100Kg and Rs 9,050, respectively on dull trade. Similarly, dollar variety Chana priced lower by Rs 400 at Rs 8,500-9,000.
Chana prices may get some support at lower rates from 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.
Chana ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
23-Oct-21
|
16-Oct-21
|
09-Oct-21
|
23-Oct-20
|
Mumbai
|
Tanzania
|
4800-4925
|
4800-5000
|
4900-5050
|
5200
|
Indore
|
Katewala
|
5150-5200
|
5300
|
5350
|
5250-5275
|
Delhi
|
Rajasthan origin
|
5150-5175
|
5350
|
5300
|
5250-5275
|
Akola
|
|
5050-5075
|
5200-5225
|
5225-5250
|
5200-5250
|
Bikaner
|
|
4900
|
5100
|
5100
|
5100
|
|
|
|
|
|
|
Chana Dal ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
23-Oct-21
|
16-Oct-21
|
09-Oct-21
|
23-Oct-20
|
Akola
|
|
5900-6300
|
5900-6300
|
5900-6300
|
6200-7000
|
Indore
|
|
6000-6300
|
6000-6300
|
6200-6500
|
6400-6800
|
Jaipur
|
|
5900
|
6000
|
6025
|
6275
|
|
|
|
|
|
|
Chana Besan ( Prices In Rs / 50Kg )
|
Market
|
Variety
|
23-Oct-21
|
16-Oct-21
|
09-Oct-21
|
23-Oct-20
|
Mumbai
|
|
3675-3725
|
3650-3700
|
3650-3700
|
3750
|
|
|
|
|
|
|
Kabuli Chana ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
23-Oct-21
|
16-Oct-21
|
09-Oct-21
|
23-Oct-20
|
Indore
|
42-44
|
9200
|
9650
|
9600
|
7050
|
|
44-46
|
9050
|
9500
|
9450
|
6900
|
|
Dollar
|
8500-9000
|
8500-9400
|
8500-9200
|
6200-6700
|
Mumbai
|
Sudan
|
5100-5200
|
5250-5350
|
5450-5600
|
5400
|
|
Russia
|
4700-4900
|
4850-5000
|
4850
|
5300
|
Imported Masoor (Mumbai)
Canada crimson variety Masoor along with Australia Masoor at Mumbai declined by Rs 150 each at Rs 7,300/100Kg and Rs 7,375, respectively amid thin mills purchase as offtake in processed Masoor is thin and overseas supplies.
Tracking Mumbai market Canada crimson variety Masoor at Hajira-Mundra port also ruled weak by Rs 200 each at Rs 7,100-7,175/100kg and Rs 7,025-7,075, respectively.
Vessel M V DARYA PADMA carrying about 26000 tonnes of Canada red Masoor arrived at Vizag Port on 20th Oct, 2021, according to a shipping agency.
As per market view, decline in domestic stock, weak availability of imported crop, higher crop prices at international market and new crop about four months away, bearish sentiment in masoor appears unlikely in near future.
Masoor ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
23-Oct-21
|
16-Oct-21
|
09-Oct-21
|
23-Oct-20
|
Mumbai
|
Canada
|
7300
|
7450
|
7450
|
5161-5225
|
|
Australia
|
7375
|
7500
|
7500
|
5325
|
Mundra
|
Canada
|
7025-7075
|
7250-7300
|
7125-7200
|
5141
|
Hajira
|
Canada
|
7100-7175
|
7300-7350
|
7250-7300
|
5161
|
Kandla
|
Canada
|
NA
|
NA
|
NA
|
NA
|
Kolkata
|
Canada
|
7300
|
7450
|
7400-7450
|
NA
|
|
Australia
|
7450
|
7550
|
7550
|
NA
|
Indore
|
Desi
|
7400
|
7450
|
7400-7450
|
5500
|
Raipur
|
Desi
|
7300
|
7400-7450
|
NA
|
5500
|
Kanpur
|
Desi
|
7650
|
7700
|
7800
|
5800
|
|
|
|
|
|
|
Masoor Dal ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
23-Oct-21
|
16-Oct-21
|
09-Oct-21
|
23-Oct-20
|
Khopoli
|
|
8600-8700
|
8650-8750
|
8650-8850
|
6400
|
Katni
|
|
NA
|
NA
|
NA
|
6250-6450
|
Moong (Jaipur)
New Moong prices traded weak by Rs 50 at Rs 6,500-7,200/100Kg at Jaipur market of Rajasthan, as per quality, due to thin millers purchase and increase in arrivals of new crop at producing centers.
Moreover, offtake in processed Moong was reported thin.
Mozambique origin Moong priced at Rs 6,200-6,250/100Kg at Mumbai.
Vessel M V PORTHOS from Africa had discharged 16,500 MT till 22nd Oct at Mumbai port. Vessel is carrying 1,953.900 MT Mozambique Moong and 27,617.625 Mozambique Tur.
Rajasthan origin new Moong traded in the range of Rs 4,500-6,500/100Kg, as per quality, at Naya bazaar pulses market of Delhi.
Regular overseas supplies of imported Moong at cheaper rates has kept prices under pressure.
Moong ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
23-Oct-21
|
16-Oct-21
|
09-Oct-21
|
23-Oct-20
|
Jaipur
|
|
6500-7200
|
6500-7250
|
6400-7200
|
7500-7600
|
Harda
|
|
NA
|
4000-7150
|
NA
|
5500-8350
|
|
|
|
|
|
|
Moong Dal ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
23-Oct-21
|
16-Oct-21
|
09-Oct-21
|
23-Oct-20
|
Jaipur
|
|
7500-8500
|
7600-8500
|
7500-8500
|
8400-8500
|
Gulbarga
|
|
8800-9000
|
8900-9000
|
8700-8800
|
9300-9400
|
White Pea (Kanpur)
White Pea prices widened losses by Rs 200 each at Rs 5,450/100Kg (40% dal quality) and Rs 5,800 (60% filter quality) at Kanpur market on dull 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, according to AAFC’s latest outlook report, published on Oct 20.
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
|
23-Oct-21
|
16-Oct-21
|
09-Oct-21
|
23-Oct-20
|
Mumbai
|
Canada
|
No Stock
|
No Stock
|
No Stock
|
6300
|
Kolkata
|
Canada
|
No Stock
|
No Stock
|
No Stock
|
No Stock
|
Kanpur
|
|
5450-5800
|
5650-6000
|
5700-6050
|
6150
|
|
|
|
|
|
|
White Pea besan ( Prices In Rs / 50Kg )
|
Market
|
Variety
|
23-Oct-21
|
16-Oct-21
|
09-Oct-21
|
23-Oct-20
|
Mumbai
|
|
4800
|
4800
|
4800
|
3900
|
|
|
|
|
|
|
White Pea Dal ( Prices In Rs / 100Kg )
|
Market
|
Variety
|
23-Oct-21
|
16-Oct-21
|
09-Oct-21
|
23-Oct-20
|
Mumbai
|
|
6900
|
6900
|
6900
|
7100
|
(By Commodities control Bureau; +91 9820130172)