Barring chana, all pulse seeds and pulses ruled flat on subdued demand and buying support on Friday.

Masoor has been ruling stable at Rs 3,700 a quintal in Indore for the past few days, while masoor (medium) is ruling at Rs 3,500.

Despite lower crop output and decline in domestic stock, arrival of large number of masoor containers on Indian ports from Canada has reigned in masoor prices in the past one month by about Rs 400-450.

Last month, masoor prices had zoomed to as high as Rs 4,100

But, thereafter, sporadic rain in Madhya Pradesh and other pulse seeds growing regions of the country, dampened trading sentiment, leading to decline in its demand.

Masoor dal also ruled stable notwithstanding sluggish demand.

In local mandis, masoor dal (average) ruled at Rs 4,050-75, masoor dal (medium) at Rs 4,150-75, while masoor dal (bold) ruled at Rs 4,275-4,300.

However, compared with its prices last week, masoor dal in local mandis is ruling Rs 25-75 lower.

Urad and its dal also ruled flat on slack demand.

Besides weak buying support, rise in arrival in local mandis in the past few days has also added to bearish sentiment in urad, more so because of arrival of inferior quality urad with high moisture content.

In local mandis, urad (best quality) ruled at Rs 3,600-3,650, while urad (medium) at Rs 3,000.

In the past one week, urad prices in Indore mandis have declined by almost Rs 100 with rise in arrival and selling pressure outweighing demand.

Urad dal also ruled stable on slack demand with urad dal (average) being quoted at Rs 4,300-4,400, urad dal (bold) at Rs 5,000-5,100, while urad mongar ruled at Rs 6,000-6,300.

(This article was published on September 21, 2012)
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