Commodities

Weak demand drags pulses

Our Corresponden Indore | Updated on March 04, 2020 Published on March 04, 2020

Weak physical demand and rise in the arrival of new crop dragged tur and other pulse seeds, with tur (Maharashtra) declining to ₹5,000 a quintal, while tur (Madhya Pradesh) ruled at ₹4,500-4,800. Compared with last week, tur is ruling at ₹100-200 a quintal lower. The decline in tur also dragged its dal with tur dal (sawa no.) being quoted at ₹6,300-6,400, tur dal (full) at ₹6,700-6,800, while tur marka was quoted at ₹7,100-7,300 .

Moong (bold) on the other hand ruled at ₹7,500-7,800 a quintal, while moong (medium) was quoted at ₹6,500-6,800. Moong dal (medium) was quoted at ₹8,700-8,800 a quintal, moong dal (bold) at ₹8,900- 9,000, while moong moongar ruled at ₹9,400-9,500. Urad (bold) was quoted at ₹6,600-6,800, while urad (medium) ruled at ₹5,000 a quintal. Urad dal (medium) on the other hand was quoted at ₹7,600-7700 and urad dal (bold) at ₹7,800-7,900, while urad moongar ruled at ₹9,400-9,500.

Published on March 04, 2020
Goldman cuts Brent outlook, says OPEC+ cuts may not prevent oil glut