Masoor prices are ruling flat on weak buying support and poor demand. Notwithstanding the decline in domestic stock, ample availability of imported masoor has arrested rise in masoor prices in the past one week. Compared with last week, masoor prices in local mandis have dropped by Rs 100-125 to Rs 3,800-25 a quintal, while masoor (medium) ruled at Rs 3,600.
A change in weather condition thereafter with heavy rain lashing the State, pulled down masoor prices to Rs 3,800 a quintal.
According to Kamal Agrawal, a local wholesale pulse trader, sluggish trend in masoor is primarily due to weak demand in Indore. However, even if demand in masoor increases in the coming days, prices are unlikely to go beyond Rs 4,000 with availability of imported masoor in large quantity, he added.
Masoor dal was quoted at Rs 4,250-75, masoor dal (medium) at Rs 4,350-75, while masoor dal (bold) ruled at Rs 4,425-50 a quintal. Tur in Indore mandis crashed by Rs 100 a quintal on weak demand and rise in arrivals. Tur (Maharashtra) in local mandis slipped to Rs 4,600-4,700 with sharp dip in demand. Similarly tur (Indore variety) declined to Rs 4,000 .
Moong ruled at Rs 4,600-4,800 a quintal amid arrival of 400 bags of new crop.