Weekly Review-Tuvar

04-Jan-2025 08:03 PM

Buying of Tuvar weakens due to increased availability


Weekly Review of Tuvar (January 2025)

Price Decline in Tuvar Across Various Markets

The prices of Tuvar have weakened this week due to increased availability of the new crop, sluggish buying by dal millers and stockists, and reduced export demand. Here's a summary of the price movements in different regions:

Mumbai:

  • Chennai Tuvar Lemon: A decline of Rs. 500 per quintal, with prices settling at Rs. 7150-7200.
  • African Tuvar:
    • Mozambique White: Down by Rs. 100, now Rs. 6500.
    • Gajari: Dropped to Rs. 6250-6300.
    • Malawi and Dodomo: Prices at Rs. 6200-6250 and Rs. 6250 respectively.

Burma:

  • The Burma Tuvar saw a decrease of $65 per ton, with prices standing at $825 per ton due to the abundance of new crop and weak export demand.

Delhi:

  • Tuvar Lemon: Dropped by Rs. 300, now Rs. 7800-7850 per quintal.
  • Desi Tuvar: Also fell by Rs. 300, prices now at Rs. 8000-8300.

Maharashtra:

  • A price reduction of Rs. 200-300 per quintal across various markets:
    • Solapur: Rs. 7000-8250.
    • Akola: Rs. 7800-8300.
    • Nagpur: Rs. 8250-8300.
    • Latur: Rs. 8000-8200.
    • Dudhni: Rs. 7400-8300.

Karnataka:

  • Tuvar prices in Karnataka rose by Rs. 100-200 per quintal, attributed to improved demand:
    • Gulbarga: Rs. 7000-8821.
    • Raichur: Rs. 7428-2800.
    • Yadgir: Rs. 7989-8652.
    • Talikot: Rs. 7069-8539.

Madhya Pradesh:

  • Tuvar prices fell by Rs. 300-500 per quintal:
    • Katni: Rs. 8200-8400.
    • Jabalpur: Rs. 6000-7100.
    • Pipariya: Rs. 5500-7700.
    • Kareli: Rs. 6800-7500.

Other Markets:

  • Raipur: Prices decreased by Rs. 250 per quintal, now at Rs. 8300-8500.
  • Kanpur: A fall of Rs. 100, with prices remaining at Rs. 7600.

Tuvar Dal:

  • Tuvar Dal prices have also declined due to weak demand:
    • Delhi Fatka: Rs. 10350-13600.
    • Katni Fatka: Rs. 12700-13000.
    • Akola: Rs. 13300-14500.
    • Latur Fatka: Rs. 13800-14000.
    • Gulbarga Fatka: Rs. 13800-14600.
    • Kanpur Fatka: Rs. 13200-13600.

In summary, Tuvar prices have generally weakened this week due to better crop availability and slow demand across various regions, with the exception of Karnataka, which saw an increase due to improved demand.

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