Pulses ruled steady despite slack demand and buying support in Indore mandis on Friday.
Masoor (bold) quoted at Rs 4,250-4,300 a quintal, while masoor (Madhya Pradesh) ruled at Rs 3,900-4,100.
With decline in domestic stock and imports turning costlier on account of recent rise in the dollar against the rupee, prospects for masoor appear to be bullish.
According to traders, the crop prospect for masoor is not encouraging as high moisture content in the soil due to extended monsoon rains, has prompted farmers to switch over to other crops.
As a result of this, masoor output this year is expected to be around 3.5-4 lakh tonnes – marginally higher than last year’s 3.5 lakh tonnes.
Masoor dal (average) quoted at Rs 5,100-5,200, masoor dal (medium) ruled at Rs 5,300-5,400, while masoor (bold) ruled at Rs 5,400-5,500 a quintal.
Moong and it dal have also been witnessing sluggish trend in Indore mandis for the past few days with arrivals outstripping demand.
On Friday, moong (best) ruled at Rs 5,500-6,000, while moong (medium) was quoted at Rs 5,200-5,600.
Moong dal (medium) was being quoted at Rs 6,700-7,000, moong dal (bold) at Rs 7,100-7,300, while moong mongar ruled at Rs 7,500-7,600 a quintal.
Similarly urad and its dal also ruled stable on slack demand with urad (bold) at Rs 4,400-4,500, while urad (medium) ruled at Rs 3,800-4,000.
Urad dal (medium) was at Rs 5,300-5,400, urad dal (bold) at Rs 5,500-5,600, while urad dal mongar ruled at Rs 5,800-6,200 a quintal respectively.