Commodities

Bearish sentiment in pulses

Our Correspondent Indore | Updated on June 10, 2020 Published on June 10, 2020

Bearish sentiments prevailed in pulse seeds and pulses on weak physical demand and decline in buying support from millers.

Tur (Maharashtra) was quoted at ₹5,400 (down ₹300 from last week) and tur (Karnataka) at ₹5,500-5,550 a quintal.

Tur (Nimari) ruled at ₹4,500-4,800. Tur dal (imported) ruled at ₹7,700, tur dal (full) at ₹8,200-8,300, while tur dal marka was quoted at ₹8,500.

Weak demand and rise in arrival of new moong in Madhya Pradesh and elsewhere in the country also pounded moong with its prices quoted at ₹6,700 a quintal. Compared with last week, moong is ruling ₹300 a quintal lower.

Decline in moong also dragged its dal with moong dal (medium) being quoted at ₹7,700-7,900, moong dal (bold) at ₹8,200-8,300, while moong dal mongar was quoted at ₹9,200-9,400 a quintal. Increased availability of imported crop and scattered arrival of new urad in some parts of Madhya Pradesh also dragged urad and its dal with urad (Mumbai) being quoted at ₹6,200-6,300, (down ₹200), while urad (Madhya Pradesh) ruled ₹6,700 a quintal.

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Published on June 10, 2020
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