Welcome       My account   Change Password logout.gif 
Contact Us : 7066511911

Tur Prices Rebound in Domestic Markets

22 Apr 2024 6:28 pm
 Comments 1 Comments  |  Comments Post Comment  |  Font Size A A A 

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)


       
  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 Rated
0.0

   Post comment
Comment :

Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy.
Name :  
Email :  
   

Post Comment  

Latest Market Commentary
Market Wise Chana Arrivals: Supply Down By -1.15% Agai...
Market Wise Tur Arrivals: Supply Down By -0.39% Agains...
Market Wise Matar Arrivals: Supply Up By 2.87% Against...
Market Wise Masur Arrivals: Supply Up By 17.19% Agains...
Market Wise Moong Arrivals: Supply Down By -1.37% Agai...
more
Top 5 News
*DCE/ZCE Daily Rates Update:29-May-2024*
Sharp Decline in Small Cardamom Prices Due to Lower Qua...
Clove Prices Stabilize in Domestic and Import Markets
Pepper Prices Surge in Domestic and Vietnamese Markets
Cumin Prices Continue to Decline in Gujarat Amid Low De...
Top 5 Special Reports
Weekly: ICE Sugar Futures End 7-Week Losing Streak
Weekly: ICE Cotton Prices Surge on Strong U.S. Export S...
US Soybean net sales for May 10-16 at 279,400 MT, up 5 ...
US Cotton net export sales for May 10-16 at 202,900 RB,...
Pea (Matar) Kanpur U.P. Line Counter-trend Rally / Nex...
Copyright © CC Commodity Info Services LLP. All rights reserved.