Weekly Review-Tuvar

15-Mar-2025 08:39 PM

Tuvar prices fall due to weak buying


Key Highlights (March 8–14, 2025)

  1. Tuvar Prices Decline Amid Weak Buying

    • Availability in producer markets & slow demand from stockists and dal millers weighed on prices.
    • Government procurement increased as prices fell below MSP in major producing states.
    • Pressure from importers' selling further contributed to the decline.

  2. Government Procurement & Stock Position

    • As of March 11, government procurement reached 1.31 lakh tonnes across Karnataka, Gujarat, Andhra Pradesh, Maharashtra, and Telangana.

  3. Port Prices (Import Market)

    • Mumbai Port:
      • Mozambique White: ₹7,200 – ₹7,250 per quintal (-₹100/150)
      • Gajari: ₹6,900 – ₹6,950 per quintal (-₹100/150)
      • Malawi: ₹6,800 – ₹6,900 per quintal (-₹100/150)
      • Dodoma: ₹6,750 – ₹6,800 per quintal (-₹100/150)
    • Chennai Tuvar Lemon: ₹6,850 – ₹6,900 per quintal (-₹100)
    • Burma Tuvar: Declined by $5 per ton, now at $800 per ton.

  4. Domestic Market Prices

    • Delhi:
      • Lemon Tuvar: ₹7,350 per quintal (-₹50)
      • Desi Tuvar: ₹7,500 – ₹7,650 per quintal (-₹50)
    • Maharashtra:
      • Solapur: ₹6,500 – ₹7,250 per quintal (-₹100/200)
      • Akola: ₹7,200 – ₹7,400 per quintal (-₹100/200)
      • Nagpur & Latur: ₹7,300 – ₹7,350 per quintal (-₹100/200)
      • Dudhni: ₹6,800 – ₹7,250 per quintal (-₹100/200)
    • Karnataka:
      • Gulbarga: ₹6,500 – ₹7,600 per quintal (-₹100/200)
      • Raichur: ₹6,722 – ₹7,157 per quintal (-₹100/200)
      • Yadgir: ₹6,869 – ₹7,421 per quintal (-₹100/200)
      • Talikota: ₹6,500 – ₹7,209 per quintal (-₹100/200)
    • Madhya Pradesh:
      • Katni: ₹7,100 – ₹7,300 per quintal (-₹200/300)
      • Jabalpur: ₹5,000 – ₹7,000 per quintal (-₹200/300)
      • Pipariya: ₹6,000 – ₹7,150 per quintal (-₹200/300)
      • Kareli: ₹5,850 – ₹6,701 per quintal (-₹200/300)
    • Others:
      • Raipur: ₹7,450 – ₹7,650 per quintal (-₹100)
      • Kanpur: ₹6,800 per quintal (-₹100)

  5. Tuvar Dal Prices Decline

    • Due to falling tuvar prices and weak demand, dal prices dropped ₹100/200 per quintal.
    • Key Markets:
      • Delhi Fatka: ₹10,850 – ₹11,500 per quintal
      • Katni Fatka: ₹10,350 – ₹10,800 per quintal
      • Akola: ₹10,400 – ₹11,600 per quintal
      • Latur Fatka: ₹11,100 – ₹11,300 per quintal
      • Gulbarga Fatka: ₹10,700 – ₹11,300 per quintal
      • Kanpur Fatka: ₹10,800 – ₹11,200 per quintal

Market Outlook

  • Further price pressure possible as government stocks could enter the market.
  • Weak demand from dal millers & stockists to continue weighing on prices.
  • Import availability remains strong, preventing a price recovery in the short term.
  • MSP gap remains a concern, leading to increased government procurement.

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