Commodities

Fearing raids, stockists release pulses

Our Correspondent Indore | Updated on July 02, 2014

Pulse seeds and pulses, which were on boil on fear of poor monsoon for the past two-three days, crashed on Wednesday with stockists releasing stocks on apprehension of Government’s raids on wholesalers and stockists to arrest price rise.

Tur (Maharashtra) declined to ₹4,300-4,400 a quintal (down ₹100). Similarly, tur (Madhya Pradesh) declined to ₹3,800-4,000 (₹4,000-4,100). Tur dal (full) was being quoted at ₹6,300-6,500, tur dal (sawa no.) at ₹5,800-5,900, while tur marka declined to ₹6,700-6,800 (down ₹200).

Moong crashed by ₹300 a quintal today with supply outstripping demand. Moong (bold) declined to ₹5,700-6,000 (₹6,200-6,300), while moong (medium) ruled at ₹5,000-5,500. Moong dal (medium) was being quoted at ₹7,000-7,100, moong dal (bold) at ₹7,500-7,600, while moong mongar ruled at ₹8,300-8,500.

Urad (bold) was at ₹4,900-5,100 (down ₹200), while urad (medium) ruled at ₹4,500-4,800 (₹4,700-5,000). Urad dal (medium) was ₹6,000-6,200, urad dal (bold) ₹6,500-6,600, while urad mongar ruled at ₹7,000-7,300 a quintal.

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Published on July 02, 2014
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