Current status of pulses market and price trends
Lentils - intermittent rise continues Lentil production has increased this year as compared to last year, but domestic consumption is 28 lakh metric tonnes. In this situation, additional production of 16 lakh metric tonnes in domestic production is not being very effective. There is a rise in the prices of lentils in the international market, making imports expensive. Due to this, lentil prices have stabilized in the last fortnight due to profit booking, and are now trading around Rs 6740/6750 per quintal. Canadian lentils are being sold at Rs 6200/6220 per quintal. At present, prices are not likely to fall. However, after some stability, there may be a rise again. Urad - Trade at Current Prices Urad sowing in Madhya Pradesh and Maharashtra has been good this year due to favorable weather. However, some Terai areas of Maharashtra are flooded, due to which sowing has been delayed there. There is a possibility of a good urad crop in Madhya Pradesh. Meanwhile, imports from Chennai are increasing continuously due to the shortage of spot goods. Due to this, there has been an increase in the market, and the price of SQ quality has reached Rs 8275 and the price of FAQ has reached Rs 7550 per quintal. Now there are no more sellers from this level, due to which the market may increase further. Moong - Now sell at increased prices The prices of light and heavy moong of Uttar Pradesh and Madhya Pradesh are running up to Rs 6200/7600 per quintal. The prices of good selected moong of Kanpur line have reached Rs 7700/7900, while the prices of light goods are between Rs 5800/6300. The prices of goods from Bihar are also in the same proportion. In the recent past, the continuous demand for good goods from China had increased the prices. However, now there is a possibility of profit booking in the increased price, because the new moong crop will start coming from Maharashtra and Rajasthan in September-October. Tuvar - No possibility of much rise now Tuvar sowing has been high in the Kharif season, but after the goods were sold at cheap prices in the last few days, there is a demand from pulse mills in North India. Due to this, the prices of tuvar have fallen. The price of lemon tuvar has come down from Rs 6800 to Rs 6500 per quintal. The prices of old goods from Maharashtra are now going up, but normal demand remains in the market. However, at present the sale of pulses is weak, and the pulses of Katni and Hathras line are selling cheaper than Delhi. Due to this, slight fluctuations of up to Rs 100 can be seen in the tuvar market, but there is no possibility of much rise for the long term.