Prices of urad down in Akola on sluggish demand.

Prices of urad in Akola, Maharashtra, fell due to sluggish demand. However, expectations of lower output of the commodity this season, along with buying of the new crop in some states, is likely to push prices higher in the coming months.

Tur prices down in Akola on lower demand from mills.

Prices of tur in Akola down because of a decline in demand from millers and expectations of higher yield due to favourable weather. Reports of sale of the pulses by the government from its buffer stocks is also seen creating bearish sentiment

MMTC to auction tur, urad via NCDEX e-markets on Oct 05.

MMTC will offer 4,304 MT of tur imported from Malawi and Mozambique, 3,438 MT of masoor imported from Canada and 1,279 MT of urad imported from Myanmar, for auction through NCDEX e-markets. Pulses, to be auctioned, are stocked at Central Warehousing Corp and other godowns in Maharashtra, Gujarat, West Bengal, and Tamil Nadu.

Tur up in Kalaburagi on mills demand; flat in Akola.

Prices of tur in Kalaburagi were up because of a rise in demand from millers. Acreage of tur across the country is down 19% on year at 4.2 million ha. This is also seen supporting the upside in tur prices. The country harvested 9.33 million tonne Chana in the last crop year ended June, up sharply from 7.06 million in the previous year. Traders, however, believe that the government’s data on chana production was inflated, and the crop may have been much smaller, as stocks are low.

Akola tur prices tad up on hope of demand revival.

Prices of tur in the benchmark market of Akola, Maharashtra, rose a tad because of expectations of a revival in demand. Expectations of near record output in Karnataka are seen weighing on tur prices. The first advance estimates, production of tur in 2017-18 is estimated at 3.99 million tonne, down from 4.78 million tonne the previous year.

Akola tur down on weak demand, govt sale.

Prices of tur at Akola in Maharashtra were down because of weak demand and sale of the commodity by government agencies. In Mumbai, lemon tur was down 50 rupees and in Kalaburagi, a key market, it was down by 150 rupees.