Mumbai. The bullish trend in the lentil market has continued this week as well. Particularly, a tremendous jump has been seen in the prices of small lentils. At present, the stock of small lentils in the market is already weak. In such a situation, as soon as the dal millers and stockists started buying keeping in mind the upcoming demand, a sudden jump was recorded in the prices. In recent weeks, due to domestic consumption, preparations for the festive season and buying from bulk buyers, there has been a strong demand for lentils. This demand is much more than the supply, which is supporting the rising prices. The harvesting of the new lentil crop in Canada is near, which weakened the demand for old stocks. Red lentil prices remained stable at 28–29 cents / lb, while green lentils softened. Pressure is increasing on small green lentils as sowing and yield have increased, but demand remains weak. Concerns about the quality of lentils have increased due to the possibility of heavy rains. In India, 10% customs duty is applicable on lentil imports. Due to weakening of selling by importers and increase in buying, imported lentil prices have increased by Rs 50/75 per quintal this week. And at the weekend, the prices became Mundra Rs 6150, Hazira Rs 6275, container Canada Rs 6350 and Australia Rs 6300/6350 per quintal. Similarly, prices of Kolkata lentils also increased by Rs 100 per quintal this week and at the weekend the price became Australia Rs 6500 per quintal.

Due to better demand, in the current week, Delhi Choti Masoor witnessed a rise of Rs. 550/650 and Desi Badi saw a rise of Rs. 75 per quintal and with this rise, the weekend prices became Choti Kota Rs. 8050/8100, Bundi Rs. 8600/8700, Uttar Pradesh Rs. 8800/8900 and Desi Badi Rs. 7050/7075 per quintal.

Due to continued buying, this week also, Madhya Pradesh Masoor witnessed a rise of Rs. 100/200 per quintal and weekend prices became Ashoknagar Rs. 6400/6550, Bina Rs. 6200/6800, Sagar Rs. 6700/6800, Damoh Rs. 6700/6800, Indore Rs. 6100, Kareli Rs. 4400/6601 and Katni Rs. 6950 per quintal.

Due to weak selling and strong demand, during the current week, prices of small lentils in Uttar Pradesh increased by Rs. 300 and thick lentils by Rs. 100 per quintal. With this increase, the prices at the weekend became Bareilly small Rs. 9000, thick Rs. 7050, Lalitpur thick Rs. 6800/6900, small Rs. 9000/9200 and Orai Rs. 5800/6350 per quintal.

Due to support of all-round rise and better demand, Bihar lentil prices registered a strong jump of Rs. 500 per quintal this week and with this jump, prices at the weekend became Barh Rs. 8000, Khusrupur Rs. 7900 and Mokama Rs. 8000 per quintal. Similarly, prices of Raipur lentils also increased by Rs. 50 per quintal this week and at the weekend, the price became Rs. 6500 per quintal.

Due to support of bullishness in Masoor and continued buying, prices of Masoor Dal witnessed a rise of Rs. 200/400 per quintal during the current week and with this rise, the weekend prices became Rs. 7700/7800 in Indore, Rs. 8700/9000 in Barh, Rs. 8600/8900 in Khusrupur, Rs. 8700/9000 in Mokama, Rs. 9200/9700 in Chandausi and Rs. 8050 per quintal in Hyderabad.