Sluggish trend prevailed in most of the pulses on decline in buying interest from millers. The Union Government’s move to rein in the futures markets has led to panicked stockists. As a result, major pulses and pulse seeds, including masoor and moong, witnessed a downslide on rise in selling pressure. Masoor declined to Rs 3,775-3,800 a quintal (down Rs 50). Masoor (medium) also slipped to Rs 3,575 . Decline in spot masoor and sluggish demand also pulled down masoor dal with masoor dal (average) declining to Rs 4,300-4,325 a quintal (Rs 4,350-4,375), while masoor dal (medium) slipped to Rs 4,400-4,425 (Rs 4,450-4,475) and masoor dal (bold) ruled at Rs 4,500-4,525 (Rs 4,575-4,600).
Downtrend also continued in moong as weak buying support pulled down moong (bold) prices in the local mandis further by Rs 100 a quintal to Rs 5,000-5,100 (Rs 5,200-5,300), while moong (medium) declined to Rs 4,600-4,800 . Against last week, moong is ruling Rs 400 a quintal lower. Moong dal ruled stable on subdued demand with moong dal (medium) being quoted at Rs 6,200-6,300 a quintal, moong dal (best) at Rs 6,800-6,900, while moong mongar ruled at Rs 7,100-7,400 . Tur and its dal (Maharashtra) declined further to Rs 4,700-4,750 a quintal (Rs 4,800). Tur (Indore variety) also declined to Rs 4,000-4,200 on slack demand. Taking clues from decline in tur, tur dal also declined with tur dal (full) in the spot on Friday being quoted at Rs 6,600-6,700 (Rs 6,700-6,800), while tur marka slipped to Rs 7,500 (down Rs 100). Tur dal (sawa no.) was stable at Rs 6,000-6,100 a quintal.
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