SEARCH

Masoor rules stable as stockists retain produce

Our Correspondent
Share  ·   print   ·  

With local mandis remaining closed on Friday on account of ‘ amavasya’, masoor in private trading ruled stable at Rs 3,925-50 a quintal, while masoor (medium) ruled at Rs 3,500-3,600. Given decline in domestic stock, rise in demand in masoor during the festival season in the coming days, stockists are preferring to hold their produce . Traders here have ruled out any major fall in masoor prcies at its current level, given weak domestic stock, higher import and delay in the next masoor crop which is 6-7 months away. On the other hand, as compared with prices last week, masoor dal in local mandis has declined by Rs 50-100 a quintal on sluggish demand with masoor dal (average) being quoted at Rs 4,350-75, masoor dal (medium) at Rs 4,425-50, while masoor dal (bold) ruled at Rs 4,525-50 a quintal.

Moong: Sluggish demand and weak buying support on account of arrival of inferior quality moong in the local mandis have dragged moong prices by about Rs 400-500 a quintal in the past one week. In private trading, moong (best) quality ruled at Rs 4,800-5,000, while moong (medium) ruled at Rs 4,400-4,500. Sluggish demand has also dragged moong dal by almost Rs 200-300 a quintal in the past one week with moong dal (medium) ruling at Rs 6,300-6,400, moong dal (bold) at Rs 6,200-6,700, while moong mongar ruled at Rs 7,000-7,300.

(This article was published in the Business Line print edition dated August 18, 2012)
XThese are links to The Hindu Business Line suggested by Outbrain, which may or may not be relevant to the other content on this page. You can read Outbrain's privacy and cookie policy here.

O
P
E
N

close

Recent Article in AGRI-BIZ & COMMODITY

Exports slip on higher cashew prices

Cashew kernel prices continued to rise in June at all origins and markets. As a result, shipments of the commodity declined compa... »


Comments to: web.businessline@thehindu.co.in. Copyright © 2014, The Hindu Business Line.