Pulse seeds and pulses ruled sluggish in Indore mandis on weak offtake. Slack demand has dragged masoor prices in the past few days by Rs 250 with prices of masoor (bold) in Indore mandis on Friday being quoted at Rs 4,250-4,300 a quintal. Similarly, masoor (medium) in the past one week has declined by Rs 100 to Rs 4,000-4,100.

Besides weak demand, strengthening of rupee has also added to the bearish sentiment in masoor. Masoor dal (medium) was at Rs 5,100-5,200, while masoor dal (bold) ruled at Rs 5,300-5,600.

Rise in demand lifted moong by Rs 100 with moong (bold) being quoted at Rs 4,500-4,700, while moong (medium) ruled at Rs 4,000.

As arrival of new crop is set to rise in the coming days, the future for moong appears bearish, said a trader.

Moong dal (medium) was being quoted at Rs 5,400 , moong dal (bold) ruled at Rs 5,600-5,700, while moong mongar ruled at Rs 6,400-6,500.

Urad and its dal ruled firm on weak arrival and subdued demand. On Friday, urad (bold) ruled at Rs 3,650-3,700 , while urad (medium) ruled at Rs 3,000-3,100. Urad dal has also declined by Rs 200-300 on sluggish demand with urad dal (medium) being quoted at Rs 4,200-4,300, urad dal (bold) at Rs 4,400-4,600, while urad mongar ruled at Rs 4,800-5,200respectively.

Urad (bold) was at Rs 3,850-3,900, while urad (medium) ruled at Rs 3,200-3,300. Urad dal (average) was being quoted at Rs 4,400-4,700 , urad dal (bold) at Rs 4,800-4,900, while urad mongar ruled at Rs 5,200-5,400 a quintal respectively.

Published on September 6, 2013