Weak arrival and strong buying support from millers have boosted prices of a majority of pulse seeds in Indore mandis in the last three days. Moong and urad have surged to a new high with moong (best) on Wednesday being quoted at ₹7,500-8,000 a quintal, while moong (medium) ruled at ₹6,500-7,000. In the past two days, moong has gone up by ₹500.

Drop in production has also been attributed to the rise in moong prices. As the new pulse seeds crop is expected to arrive by February and March only, the bullish trend in moong will continue, said Rahul Vora, a local wholesale trader.

Rise in moong prices also lifted its dal with moong dal (medium) at ₹8,300-8,600 a quintal, moong dal (bold) at ₹8,900-9,000, while moong mongar ruled at ₹9,300-9,500.

Slack arrival and strong buying also lifted urad and its dal with urad (best) today being quoted at ₹4,600-4,700 a quintal, while urad (medium) ruled at ₹3,700-4,000. Contrary to expectations, barring the crop in Madhya Pradesh, urad prospects elsewhere in the country are far from satisfactory, result in price rise in urad prices. Rise in urad also lifted dal prices with urad dal (medium) being quoted at ₹5,200-5,400, urad dal (bold) at ₹5,400-5,600, while urad mongar ruled at ₹6,200-6,450 a quintal.

Tur and its dal also rose on higher demand and weak arrival with tur (Maharashtra) in local mandis being quoted at ₹5,200-5,250 a quintal, while tur (Madhya Pradesh) ruled at ₹4,500-4,700 a quintal. According to reports, apprehension of steep decline in crop output in African countries this year has added to bullish trend in tur. The bullish trend in tur will also continue, Vora said. Rise in tur also lifted its dal with tur dal (full) today being quoted at ₹7,000-7,100 a quintal, tur dal (sawa no.) at ₹6,400-6,500, while tur marka ruled at ₹7,400-7,500.

Trade sources said that rally in pulse seeds will continue as pulses output in the country this year is expected to decline from 70 lakh tonnes to 52 lakh tonnes, down 26 per cent.

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