Tur price up in Akola, Kalaburagi on higher demand

Tur prices in Akola and Kalaburagi rose because of demand from dal millers. Gains in chana prices are also seen supporting tur prices as both are substitutes for each other. Reports that Karnataka government may buy 364,000 tn of tur from 264,000 tn earlier to support prices of pulse is seen boosting ssentiment.

Tur prices down in Kalaburagi on weak demand

Prices of tur fell in Kalaburagi, a key market, despite a decline in arrivals due to subdued demand from millers. Supplies are usually higher on the first day of the week and decline as the week progresses.

NAFED procures 402,049 tn of tur at MSP across four states

The National Agricultural Cooperative Marketing Federation of India procured 402,049 tn tur across Karnataka, Maharashtra, Telangana, and Andhra Pradesh as of Sunday. The federation began procuring the commodity as market prices had plunged below the minimum support price of 5,450 rupees per 100 kg due to higher arrivals of the fresh crop and subdued buying by dal millers. The agency procured 256,754 tn of tur in Karnataka, 75,300 tn in Telangana, 62,741 tn in Maharashtra, and 7,254 tn in Andhra Pradesh. So far, the agency has bought tur from 317,231 farmers across these states, through about 750 centres.

Tur prices down in Akola, unchanged in Kalaburagi

Prices of tur were down in Akola, the benchmark market for the pulse, because of expectations of rise in the supplies. Although arrivals are unchanged, the average daily arrivals have increased since the beginning of the week.

MMTC invites bids for sale of 9,016 metric tonne of imported tur.

MMTC Ltd has invited bids for sale of 9,016 metric tonne of tur imported from Africa, 7,093 metric tonne masur from Canada, and 4,887 metric tonne urad imported from Myanmar. The pulses are stocked at Central Warehousing Corp, Vashi, Ashara B3, Navi Mumbai, and Maharashtra State Warehousing Corp, Panvel. Bids have to be submitted on Oct 31, and opened on the same day. Bids remain valid up to Nov 2.