Notwithstanding slack demand, the uptrend continued in pulse seeds and pulses in Indore mandis on weak arrivals. With a majority of mandis in the State remaining closed on Friday on account of ‘May Day’, masur (bold) rose to ₹6,450-6,500 a quintal, while masur (Madhya Pradesh) ruled at ₹6,100-6,200. Compared with last week, masur is ruling ₹500-550 higher.
According to Prakash Vora, a local trader, the uptrend in masur has peaked and any major rise in prices from current levels is unlikely in the coming days. Further rise and fall in masur will primarily depend on its import as lower domestic crop output has increased dependency on imports. Rise in masur also lifted its dal with masur dal (medium) being quoted at ₹7,300-7,400, while masur dal (bold) ruled at ₹7,500-7,600.
The uptrend also continued in urad with demand outstripping arrivals. On Friday, urad (bold) rose to ₹8,100-8,300 (up ₹700 from last week), while urad (medium) perked up to ₹7,700-7,800. In the past two weeks, masur prices have almost gone up by ₹1,200. Bullish trend also continued in urad dal with rise in spot urad. On Friday, urad dal (medium) in Indore mandis was quoted at ₹9,300-9,400 (₹8,700-8,800 last week), urad dal (bold) ruled at ₹9,500-9,600 (₹9,000-9,100 last week), while urad mongar rose to ₹10,700-12,000 (up ₹700 from last week).
Similarly, moong also gained with demand outstripping arrivals Moong (bold) was quoted at ₹8,000-8,200 a quintal (up ₹800 from last week), while moong (medium) rose to ₹7,400-7,800 (₹7,000 last week). Moong dal prices, however, remained unchanged with moong dal (medium) being quoted at ₹9,100-9,300, moong dal (bold) at ₹9,400-9,500, while moong mongar ruled at ₹9,700-10,000 respectively.