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.
MMTC to auction tur, urad via NCDEX e-markets on Oct 05.
Tur prices down in Akola on lower demand from mills.
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.
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
Prices of tur in Akola up slightly due to demand from dal millers while the market in Kalaburagi, Karnataka was closed on the occasion of Dussehra.
Tur up in Akola, Kalaburagi shut on Dussehra holidays
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.
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.
Prices of tur at Akola in Maharashtra rose marginally due to concern over low output this year. The government has pegged the 2017-18 tur output at 3.99 mln tn, down from 4.78 mln tn the previous year.
Tur prices tad up in Akola on low output worries.
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.
Prices of tur in Akola, Maharashtra, were down because of expectations of rise in the crop’s yield due to fresh spell of rains in Marathwada and Vidarbha regions. Despite a fall in acreage this year, fresh spell of rains in key growing regions of Maharashtra is likely to boost yield.
Prices of tur in Akola, Maharashtra, rose as demand from millers improved. In Akola, the benchmark market, tur traded up 50 rupees from previous close. Arrivals were steady at 300 bags (1bag=100kg).
Tur output in Maharashtra for 2017-18 (Jul-Jun) is seen falling 43.3% on year to 1.15 million tonne due to lower acreage and yield. The tur output in the state in the year-ago period was at a record 2.04 million tonne. Farmers have covered lesser area under the pulse this season as tur prices traded below the minimum support price of 5,450 rupees per 100 kg including a bonus of 200 rupees.
India’s tur production for 2017-18 is likely to be slightly lower on year. The farm ministry, in its fourth advance estimate released in August, had predicted India’s 2016-17 tur output at 4.78 million tonne. Tur output is expected to come down slightly, but output of urad is seen higher from last year. A significant decline in area under tur so far is likely to pull down output for the pulse this season but higher acreage under urad is seen raising production. The area under tur crop fell nearly 18% on year to 4.3 million ha as of last week, and that under urad was at 4.26 million ha, up 21% on year.
Prices of tur in Akola, Maharashtra, declined as demand from millers fell. NAFED sold the pulse at lower rates of 3,800-4,000 rupees per 100 kg in the market which also created bearish sentiment.
Prices of tur in Akola, Maharashtra, declined as demand from millers fell. Prices fell even as the government lifted ban on exports of tur dal, urad and moong.
An outbreak of sterility mosaic infection has been spotted on the tur crop in some districts of Karnataka. The infection is caused by an insect attack and humid weather is conducive for its spread. Agrimet has advised farmers to uproot the infected plant and spray insecticide to control its spread. Karnataka is the second largest producer of tur in the country after Maharashtra. Farmers in the state have sown the crop over 878,000 ha as of Sep 7, down 26% from last year.