Weekly Review: Tur (Pigeon Pea)

Tur market remains firm; impact of domestic shortage and costly imports

New Delhi: Tur prices maintained an upward trend during the week, driven by limited availability in producing markets and strong demand from pulse mills. However, some profit-booking towards the weekend exerted slight downward pressure on prices at higher levels. Availability is steadily declining amidst limited market arrivals and rising demand. Stockists are holding back sales, anticipating higher prices due to expected increased consumption during the upcoming festive season and concerns over a weak harvest this year. This strategy of withholding stock is further straining domestic availability. Meanwhile, the landed cost of imported Tur remains high; high international prices, combined with ocean freight and other expenses, are forcing importers to sell at elevated rates. Consequently, the potential for imported Tur to exert downward pressure on domestic market prices appears limited for now. Overall, market sentiment remains bullish due to limited domestic supply, sluggish selling by stockists, anticipated festive demand, and high import costs. However, periodic profit-booking at high price levels could lead to temporary market softening. Prices of African Tur in Mumbai rose by ₹100–200 per quintal over the week as importer selling remained subdued and demand stayed strong. By the weekend, prices stood at ₹7,400–7,450 per quintal for Mozambique White, ₹7,250–7,300 for Gajri, ₹7,000–7,100 for Matwara, ₹6,950 for Malawi, and ₹8,950 for Sudan varieties. Similarly, in Chennai, the price of Lemon Tur rose by ₹50 per quintal, reaching ₹8,650 per quintal by the weekend.

Imported

Driven by subdued selling from exporters and improved export demand, prices for imported Tur saw an increase this week—rising by $5 per tonne for Burma Tur and $25 per tonne for African Tur. Consequently, weekend rates stood at $910 per tonne for Burma Lemon, $845 for Mozambique White, and $835 for Gajri.

Delhi

Supported by a bullish trend at the ports and improved demand, Delhi Tur prices rose by ₹50 per quintal for the Lemon variety and ₹100 per quintal for the Desi variety during the week. By the weekend, prices reached ₹8,950 per quintal for Lemon Tur and ₹9,500–₹9,600 per quintal for Desi Tur.

Maharashtra

Due to reduced selling by stockists and sustained demand from dal millers, Tur prices in Maharashtra increased by ₹100–₹200 per quintal this week. Weekend rates settled at ₹8,500–₹9,450 in Solapur, ₹9,350–₹9,450 in Akola, ₹9,400–₹9,500 in Latur, ₹9,500–₹9,550 in Nagpur, ₹9,000–₹9,200 in Barshi, ₹8,700–₹9,700 in Hinganghat, and ₹9,200–₹9,400 per quintal in Ahmednagar.

Karnataka

Due to continued low market arrivals and sustained buying interest, prices of Tur (pigeon pea) in Karnataka rose by ₹100–200 per quintal during the week. By the weekend, prices stood at ₹9,400–9,900 per quintal in Gulbarga, ₹7,726–8,006 in Raichur, ₹7,022–9,363 in Bidar, ₹7,250–8,811 in Talikot, and ₹7,501–9,501 in Yadgir.

Madhya Pradesh

Sustained buying by pulse millers led to a rise of ₹100–200 per quintal in Madhya Pradesh Tur prices this week. By the weekend, prices reached ₹9,200–9,250 per quintal in Katni, ₹5,000–8,700 in Jabalpur, ₹6,000–8,600 in Pipariya, and ₹8,000–8,100 in Kareli.

Others

Supported by a broad-based upward trend and continued demand, Tur prices in Raipur rose by ₹100 per quintal this week, reaching ₹9,400–9,650 per quintal by the weekend. Kanpur also saw a price increase of ₹100 per quintal, with rates settling at ₹7,700 per quintal by the weekend.

Tur Dal

Driven by rising Tur prices and improved demand, Tur dal prices recorded an increase of ₹200–300 per quintal during the week. By the weekend, rates stood at ₹12,900–13,550 per quintal for Delhi Phatka, ₹12,550–12,750 for Katni Phatka, ₹12,800–14,000 for Akola, ₹13,400–13,600 for Latur Phatka, ₹12,500–13,800 for Gulbarga Phatka, and ₹12,300–12,400 for Kanpur Phatka.