Pulses and pulse seeds continued to rule flat on sluggish demand, while downtrend continued in tur on hope of better output and increased arrival. In the past two days, tur has declined by Rs 150-200. On the spot, tur on Tuesday quoted at Rs 4,100-4150, while tur dal remained steady with prices of the marka variety in the spot quoting at Rs 6,700, tur dal (full) – Rs 6,100-6,200 a quintal.

Slack in demand also dragged prices of chana and its dal by Rs 25. In the spot, chana on Tuesday quoted Rs 25 lower, while a corresponding decline of Rs 25 was witnessed in its dal as well, with chana dal (bold) quoting at at Rs 3,250-3275, chana dal (medium) trading at Rs 3,150-3175, while chana dal (average) was sold at Rs 3,050 a quintal.

Masoor, dal

Downtrend continued in masoor and its dal as well on extension of weak demand. In the spot, masoor quoted Rs 50-75 down at Rs 3,200 a quintal, while masoor dal declined by about Rs 75. Masoor dal (bold) quoted at Rs 4,000-4,025, masoor dal (medium) at Rs 3,900-3,925, while masoor dal (average) ruled at Rs 3,775-3,800 a quintal. Urad, moong and its dal also ruled firm on subdued demand. Urad quoted at Rs 4,200-4,500 a quintal, while urad dal (chilka) quoted at Rs 5,000-5,100, urad dal (bold) quoted at Rs 6,000 a quintal, while urad mongar was sold at Rs 6,900-7,200 a quintal respectively.

Similarly moong ruled firm at Rs 4,800-4,900 a quintal, while moong mongar quoted at Rs 6,500-6,600 a quintal, moong dal (bold) quoted at Rs 6,000 and moong dal (chilka) at Rs 5,000-5,100 a quintal.

According to a pulse trader Mr Sanjay Bansal, sluggishness in pulses is mainly due to profit booking at higher rates and lack of fresh buying notwithstanding a rise in arrivals. While arrival of new tur in the mandis has gained momentum, stockists are also engaged in releasing carryover stock of pulses in the market on the hope of increase yield of tur this year, leading to erosion of demand. Lack of retail buying added to the bearishness, he said.

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