Login ID:
Password:
Partner Login
Contact Us : 7066511911

Week Ahead: Pulses prices likely to remain mixed amid watch on rabi sowing trend, kharif harvest

28 Nov 2021 10:06 am
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

MUMBAI, 28 November (Commoditiescontrol) Pulses prices are likely to remain mixed this week as market is presently watching the trend of rabi sowing and kharif harvest as well. Particularly, tur harvest is under watch as recent rains in south India has affected the crop. On the other side, area under pulses of rabi season has increased.

Tur-Urad prices moved higher past week ended 27th Nov 2021 amid fresh buying at lower rates and also crop loss concern due to rain. Similarly, White Pea ruled firm on fresh buying support. On other hand, Masoor, Chana, Kabuli Chickpea and Moong prices remained weak on thin activity as action in processed pulses remained below expectation.


Past Week’s highlights

# India Rabi Pulse Sowing up by 3.73 % as on Nov 26 to 97.53 lakh Ha vs 94.02 last year at the same period. Click here
# India's Total Acreage of Rabi Crops up 7.26% y/y at 346.13 lakh hectare so far. Click here

# Statewise Rabi Pulses Sowing Till Nov 24, 2021. Click here
# Govt forms a group of top food officials from centre and states to deliberste on community kitchen scheme. Click Here
# Centre extends free food distribution under PMGKAY for next 4 months. Click here
# Farmer leader Ghanwat says assured MSP will drive the country to bankruptcy : Report. Click here


Burma Lemon Tur

In imported variety, Tur Lemon variety of Burma-origin (new) gained by Rs 150 at Rs 6,000/100Kg in Mumbai due to fresh participation from millers.

Similarly, Tanzania origin Arusha and Matwara varieties Tur ruled firm each at Rs 5,150-5,200/100Kg and Rs 5,050-5,100, respectively. Mozambique origin gajri variety also offered higher at Rs 5,050-5,100. Malawi Tur also traded higher Rs 4,650-4,700. Sudan Tur also firmed at Rs 6,050-6,100.

In domestic market, Tur
moved higher by Rs 125 during the week to close at Rs 6,300-6,325/100Kg in bilty trade at benchmark market Akola.

However, demand and sale counter in Tur dal witnessed slow as Tamil Nadu 60000 MTs Tur Dal purchase tender cancelled due to higher rate. But, re-tender issues to purchase 40000 MT Tur Dal/Masoor Dal/Masoor. Last date for online submission up to 3.12.2021.

Tur prices got support as sellers were inactive at lower rates also harvest of new Tur crop to be delayed due to rainfall and cloudy weather at producing belt and forecast of rain next week will also affect quality.

Moreover, in Karnataka, Tur has been impacted in about 2.91 lakh hectares, due to the excess rains in Kalaburgi and Bidar districts. Also, the excess rains in other States such as Andhra, Maharashtra and Gujarat have impacted the crop.

The crop has been damaged due to water logging in some areas, while the recent rains damaged the sown crop in the flowering stage and the pod-filling stages.

The crop loss likely to be as 20-40% in Andhra Pradesh-Karnataka this year. Harvest is likely to delayed and may begin in some areas from mid-December. Tur crop has been damaged by 10-15% in Maharashtra. Total output likely to be lower by 20%.


In the overseas markets, Tur Lemon-Linkhey varieties priced unchanged at $760 per ton, respectively on a CNF basis in Burma. Meanwhile, no buyers from India were active in purchasing Tur at prevailing rates.

The government extended the free import policy for Tur-Urad till 31 January 2022.


Tur ( Prices In Rs /100Kg )

Market

Variety

27-Nov-21

20-Nov-21

13-Nov-21

27-Nov-20

Mumbai

Lemon Old

NA

NA

NA

NA

Mumbai

Lemon New

6000

5850

5900

5700

Akola

Desi Bilty

6300-6325

6175-6200

6225-6250

6400-6450

Gulbarga

Desi

5800-6000

5700-5800

6000-6200

6000-6300

Tur Dal ( Prices In Rs / 100Kg )

Market

Variety

27-Nov-21

20-Nov-21

13-Nov-21

27-Nov-20

Akola

Phatka

8600-8800

8500-8700

8800-9000

9200-9300

Gulbarga

Phatka

8400-8800

8400-8800

8500-8900

8800-9200

Katni

Phatka

8800-8900

8750-8850

8750-8850

9200-9300



Burma Urad

Prices of Burma Urad FAQ variety moved higher by Rs 125 at Rs 6,950-7,000/100Kg in Mumbai amid mills buying support on immediate requirement for crushing due to crop loss concern in Andhra Pradesh because of rain and also forecast of rain in December.

However, buying at higher rates was limited due to liquidity crunch and slow offtake in processed Urad.

Similarly, Burma Urad FAQ-SQ varieties in Chennai also rise each by Rs 150-300 at Rs 6,975/100Kg and Rs 7,700, respectively.

In the overseas markets, Urad FAQ-SQ varieties priced higher each at $915 per ton and $1025 per ton on a CNF basis in Burma amid fresh India buying.

Around 100 containers of Urad FAQ traded for India. Urad FAQ variety 2021 crop been traded for India at $790-$800 per metric ton on FOB basis.

With strengthening of kyat, Myanmar currency, prices of pulses in the southeast Asian country will rise in dollar term in coming days.

Already, direct container vessels carrying urad regularly depart from Yangon for Chennai.


Urad ( Prices In Rs / 100Kg )

Market

Variety

27-Nov-21

20-Nov-21

13-Nov-21

27-Nov-20

Mumbai FAQ

FAQ

6950-7000

6825

6850

7200

Chennai

FAQ

6975

6825

6850

7450

Chennai

SQ

7700

7425-7450

7400

8450

Jalgaon

Desi

7450-7550

7300-7550

7250-7550

7200-7350

Urad Dal ( Prices In Rs / 100Kg )

Market

Variety

27-Nov-21

20-Nov-21

13-Nov-21

27-Nov-20

Mumbai

9200-9800

9100-9700

9100-9700

9500-10000



Chana Kantewala Indore

Chana prices eased by Rs 25 at Rs 5,050-5,075/100Kg for the week at Indore due to thin mill buying activity.

Nafed is actively liquidating its stocks of Chana at various centres and rise in Chana acreage has pressurised the sentiments.

Stockists and farmers holding Chana stock were active to liquidate stock due to cash crunch.

India 2021-22 Rabi Chana acreage was up 7.36 %, as on Nov 26, at 70.01 Lakh Ha Vs 65.21 Last Year.

Also, demand in Chana dal and besan reported below expectation despite wedding season has already begun.

Similarly for international origins, Tanzania Chana, both old-new traded weak each by Rs 50-75 at Rs 4,675-4,775/100Kg, respectively.

Sudan and Russia Kabuli Chickpea priced lower each by Rs 50-100 at Rs 5,050-5,200/100Kg and Rs 4,650-4,750 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 extended fall Rs 250 at Rs 9,050/100Kg and Rs 8,900, respectively on slack trade. Similarly, dollar variety Chana also priced lower by Rs 400 at Rs 8,400-8,900.


Chana ( Prices In Rs / 100Kg )

Market

Variety

27-Nov-21

20-Nov-21

13-Nov-21

27-Nov-20

Mumbai

Tanzania

4675-4775

4725-4850

4750-4900

4850

Indore

Katewala

5050-5075

5050-5100

5275-5300

5000

Delhi

Rajasthan origin

5200

5275

5325-5350

5075-5100

Akola

4950-4975

4975-5000

5150-5175

5000

Bikaner

4900

5000

5150

4925

Chana Dal ( Prices In Rs / 100Kg )

Market

Variety

27-Nov-21

20-Nov-21

13-Nov-21

27-Nov-20

Akola

5900-6300

5900-6300

6000-6300

5900-6400

Indore

6000-6400

6000-6300

6000-6400

6200-6600

Jaipur

5800-5825

5925-5950

6150

5900-5925

Chana Besan ( Prices In Rs / 50Kg )

Market

Variety

27-Nov-21

20-Nov-21

13-Nov-21

27-Nov-20

Mumbai

3650-3700

3650-3700

3650-3700

3650

Kabuli Chana ( Prices In Rs / 100Kg )

Market

Variety

27-Nov-21

20-Nov-21

13-Nov-21

27-Nov-20

Indore

42-44

9050

9300

9500

6650

44-46

8900

9150

9350

6500

Dollar

8400-8900

8500-9300

8500-9000

6000-6500

Mumbai

Sudan

5050-5200

5100-5250

5150-5300

5001

Russia

4650-4750

4700-4850

4700-5000

4950



Imported Masoor (Mumbai)

Canada crimson variety Masoor along with Australia Masoor at Mumbai widened losses by Rs 50 each at Rs 7,175-7,200/100Kg and Rs 6,900-7,300, respectively as millers refrained to purchase due to slow offtake in processed Masoor and overseas supplies.

Tracking Mumbai market Canada crimson variety Masoor at Mundra-Hajira port also ruled lower by Rs 50 each at Rs 7,050/100kg and Rs 7,100, respectively.

Meanwhile, 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.

Also Nafed is actively liquidating its stocks of Masoor at Madhya Pradesh.

International Masoor markets had a generally easier tone, though US market maintained firm tone because of a fundamental shortage of product.

Markets in Canada were not helped by the effective closure of the Port of Vancouver. Heavy rains in the mountains east of the port caused landslides which blocked highways and rail access.

Moreover, high ocean freights and container availability problems continue to disrupt export movement to and from many countries.


Masoor ( Prices In Rs / 100Kg )

Market

Variety

27-Nov-21

20-Nov-21

13-Nov-21

27-Nov-20

Mumbai

Canada

7175-7200

7250

7300

4951-5000

Australia

6900-7300

6950-7350

7000-7400

5100

Mundra

Canada

7050

7100

7175

4951

Hajira

Canada

7100

7150

7225

4951

Kandla

Canada

NA

NA

NA

4925-4931

Kolkata

Canada

7200-7250

7350

7300

5050-5200

Australia

7400

7400-7450

7400-7450

5300-5400

Indore

Desi

7200-7250

7200

7250-7300

5150-5200

Raipur

Desi

NA

NA

NA

5150-5200

Kanpur

Desi

7600

7600

7700

5675

Masoor Dal ( Prices In Rs / 100Kg )

Market

Variety

27-Nov-21

20-Nov-21

13-Nov-21

27-Nov-20

Khopoli

8500-8600

8450-8550

8500-8600

6250

Katni

NA

NA

NA

6050-6350



Moong (Jaipur)

New Moong prices dropped for second straight week by Rs 100 at Rs 6,000-6,900/100Kg at Jaipur market of Rajasthan, as per quality, due to thin millers buying activity as offtake in processed Moong was reported dull.

Rajasthan origin new Moong traded firm by Rs 150 at Rs 4,500-6,700/100Kg, as per quality, at Naya bazaar pulses market of Delhi.


Moong ( Prices In Rs / 100Kg )

Market

Variety

27-Nov-21

20-Nov-21

13-Nov-21

27-Nov-20

Jaipur

6000-6900

6000-7000

6500-7400

7300-7400

Harda

NA

4000-7000

NA

5000-8000

Moong Dal ( Prices In Rs / 100Kg )

Market

Variety

27-Nov-21

20-Nov-21

13-Nov-21

27-Nov-20

Jaipur

7400-8300

7400-8400

7700-8600

8000-8100

Gulbarga

8600-8700

8600-8700

8600-8700

8900-9000



White Pea (Kanpur)

White Pea prices gained by Rs 100-150 each at Rs 5,850/100Kg (40% dal quality) and Rs 6,100 (60% filter quality) at Kanpur market on fresh buying support from local and outstation markets and shortage.

On other hand, Vatana besan and dal remained stable each at Rs 4,800/50Kg and Rs 6,900, respectively.

Canada pea markets were little changed during the past week, but Canada's export performance has been compromised by the effective closure of the Port of Vancouver.

All rail service coming to and from the Port of Vancouver is halted because of flooding in the B.C. interior. Both CN and CP Rail indicate that no rail traffic is currently able to transit between Kamloops and Vancouver.


White Pea ( Prices In Rs / 100Kg )

Market

Variety

27-Nov-21

20-Nov-21

13-Nov-21

27-Nov-20

Mumbai

Canada

No Stock

No Stock

No Stock

6651

Kolkata

Canada

No Stock

No Stock

No Stock

7000

Kanpur

5850-6100

5700-6000

5750-6100

7150

White Pea besan ( Prices In Rs / 50Kg )

Market

Variety

27-Nov-21

20-Nov-21

13-Nov-21

27-Nov-20

Mumbai

4800

4800

4800

3800

White Pea Dal ( Prices In Rs / 100Kg )

Market

Variety

27-Nov-21

20-Nov-21

13-Nov-21

27-Nov-20

Mumbai

6900

6900

6900

6800



(By Commodities control Bureau; +91 9820130172)


       
  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 Rated
0.0

   Post comment
Comment :

Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy.
Name :  
Email :  
   

Top | Post Comment  

Latest Special Reports
Desi Moong (Jaipur): Consolidating in a Range (Rs. 6,60...
Urad (Chennai): Weak Price Trend / Next Major Support a...
Chana (Delhi): Retesting Key Pattern Support (Rs. 5,100...
Pigeon Pea (Mumbai): Consolidating in a Range (Rs. 5,75...
India Pulses import quantity (MT) during April 2021-Dec...
more
Top 5 News
Budget 2022: CAI President Atul Gantara urges govt to ...
Desi Moong (Jaipur): Consolidating in a Range (Rs. 6,60...
Castor Seed (Deesa): Consolidating Near Key Support Zon...
Sunflower Refined Oil (AP): Correction Underway / Next ...
Soyabean (Indore): Consolidating in a Range (Rs. 6,000 ...
Top 5 Market Commentary
Maharashtra: Cotton prices down amid subdued demand, in...
Rajasthan Origin Chana weak in Delhi on thin buying des...
Gujarat: Cotton prices decline amid slowdown in global ...
MCX COTTON STOCK POSITION LOCATION WISE
ZCE COTTON AND YARN AFTERNOON CLOSING 21 JANUARY 2022
Copyright © CC Commodity Info Services LLP. All rights reserved.