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Tur Prices Rebound in Domestic Markets

22 Apr 2024 6:28 pm
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Mumbai, 22 Apr 2024 (Commoditiescontrol):Tur prices demonstrated a recovery today across domestic markets, including bilty and mandi trade. This follows a minor correction observed in desi tur prices on Friday. Imported tur prices also saw an uptick, influenced by gains in the Burma (Myanmar) market and a firm desi tur trend domestically.

In major Maharashtra and Madhya Pradesh markets, tur prices displayed firmness due to limited selling interest at lower rates. Prices were reported to be Rs 100-200 higher per quintal, attributed to a decrease in supply.

Imported tur prices from Africa exhibited stability or a slight increase, reflecting positive movement in the Myanmar market and the firm trend witnessed in desi tur within domestic markets. Tur prices in Myanmar rose due to subdued selling interest.

Tur International Prices In Key Indian Markets:

Desi Tur price recovered in most of the market due to good mill demand and weak selling interest at lower levels. Price recovered in both bilty and mandi trade.

Spot Raw Tur Bilty And Mandi Prices In Key Indian Markets:

Tur dal [price also recovered tracking gains in raw tur prices.However turdal demand remained subdued.

Spot Tur Dal Prices In Key Indian Markets:




Experts suggest tur prices could remain steady or experience a marginal increase in the immediate future. This outlook is supported by factors such as dwindling domestic arrivals, reduced production, and ongoing tur demand. However, potential government intervention to manage prices and the availability of more affordable substitutes may curb substantial price surges.

(By Commoditiescontrol Bureau; +91-9820130172)


       
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