New Delhi. Gram prices became stable in Delhi. Its prices had declined on Saturday. According to traders, the pressure of arrivals of gram is not being created in the producer markets. Because the production estimate in the current season is low, but at lower prices, the stockists’ purchases increase, while at the increased prices, the mills are purchasing only as per the requirement, hence there will be limited rise and fall in the prices. If the weather remains favorable in the producing states, the arrival of gram will continue, and in view of the arrivals, pulse mills are purchasing gram only as per the requirement. In such a situation, buy gram only when the price comes down. In Delhi, the price of new gram from Rajasthan was quoted at Rs 6,175 to Rs 6,200 per quintal, while the price of new gram from Madhya Pradesh was quoted at Rs 6,150 to Rs 6,175 per quintal. The daily arrival of gram was 8 to 10 motors.

Pigeon pea prices opened higher by Rs 150 in Solapur. According to traders, its prices had weakened last week, although along with lemon, pigeon pea imported from African countries remains expensive. But the central government is strict regarding the high prices of pulses in the domestic market. In such a situation, pulse millers are purchasing only as per requirement. In the coming days, the arrival of lemon from Myanmar will increase, along with the shipment of new pigeon pea will come from Sudan. Due to the increased prices of arhar dal, the retail as well as wholesale subscription is weaker than normal. According to experts, the arrival of local pigeon pea in the producer markets has decreased compared to earlier. Therefore, one should not trade assuming a big rise in its price right now. In Solapur market, the price of desi pigeon pea was quoted at Rs 10,000 to Rs 11,900 per quintal.

Imported urad prices remained stable in dollar terms in Chennai. According to traders, the demand for urad dal in wholesale and retail is weaker than normal, hence there is no possibility of a big one-sided rise in the prices of urad dal. Anyway, the arrival of urad is still continuing in Telangana as well as Andhra Pradesh and due to the strictness of the Central Government, the pulse mills are purchasing urad only as per the requirement. Anyway, the import of urad from Myanmar will increase in the coming days, and the production estimate in Myanmar is high. Due to the activity of stockists in the domestic market, there may be a slight rise in the prices of urad but there is no possibility of a big rise. However, imports are still expensive. In Chennai, urad SQ remained steady at $1,170 per tonne and FAQ at $1,085 per tonne.

Moong prices have remained stable in the producer markets. Traders are not in favor of a big rise in the prices of moong right now. The arrival of summer moong has started in the mandis of Madhya Pradesh and if the weather remains clear, the daily arrival of new moong in the mandis of producing states will increase as compared to before. Due to consumption season, the demand for moong dal will still remain, and the production estimate of moong is likely to be low. Therefore, its price is expected to remain limited bullish and bearish.

Prices of local lentils became stable in Delhi. According to traders, if the weather remains favorable in Madhya Pradesh as well as Uttar Pradesh, the arrival of new lentils will increase further. Record production of lentils is expected in the current Rabi. The central government is also reviewing the prices of pulses every week. Therefore, its price is expected to soften further. According to experts, the demand for lentils in the consuming states of Bihar, Bengal and Assam is expected to remain the same. In Delhi, the price of desi lentils was quoted at Rs 6,250 to Rs 7,265 per quintal.

The prices of paddy as well as Basmati rice remain stable. According to traders, demand from exporters for Basmati rice has improved, hence the price is expected to increase. From Haryana Line, 1,509 varieties of sela rice were traded at Rs 6,600 and 1,718 varieties of sela were traded at the rate of Rs 7,200 to 7,315 per quintal.

Wheat prices remained stable at Rs 2,450-2,460 per quintal at Lawrence Road. The weather has deteriorated in many places in the states of North India, hence the arrival of new wheat will be affected. Therefore, there may be limited bullishness and recession in its price going forward. There has been an increase in arrivals of new wheat in Madhya Pradesh and Rajasthan.

Maize prices increased, although traders are not very bullish. According to traders, the arrival of Rabi maize has been continuously increasing in the mandis, hence its price is expected to soften in future. In Sangli, the price of maize was quoted at Rs 2,425 to Rs 2,500 per quintal.

The prices of millet have softened, but traders are not in favor of a big fall, anyway the arrivals in the mandis are decreasing considerably. Reaching Punjab, millet was traded at the rate of Rs 2,320 per quintal.

Barley prices remain stable. According to traders, the arrival of barley in the producer markets has remained the same and the purchases from the stockists have also remained the same. The price of barley in the mandis is ranging from Rs 1600 to Rs 1750 per quintal.

Sugar prices have remained stagnant. Traders are not too bearish on sugar as of now, as it is the summer season, the demand for sugar is expected to remain. However, initial estimates for sugar are expected to increase. Till April 15, 310.93 lakh tonnes of sugar has been produced in the country.

Mustard prices remain stable. Palm oil fell slightly in Malaysia, but soy oil improved in Chicago. According to experts, if the weather remains favorable in the producing states, the arrival of new mustard will remain the same. In such a situation, there is no possibility of a big rise in its prices right now. Subscription to mustard oil and mortar is also weak.

The prices of edible oils became stable in the domestic market. On the other hand, palm oil prices in Malaysia weakened by 7 rigints to 3,919 rigints per tonne in July futures contract. However, soy oil has improved in Chicago. According to experts, there is little chance of a big rise in edible oils in the world market. Therefore, their prices are expected to remain limited bullish and bearish in the domestic market.

Soybean prices became stable in producer markets. According to traders, the daily arrivals in the producer markets will remain the same, while the plants are purchasing only as per the requirement. Soybean and meal prices opened weak in Chicago, while soy oil improved.

Cotton prices increased in the domestic market. Today, cotton prices have opened higher in electronic trading in the world market, due to which there has been improvement in procurement by domestic mills. According to experts, the outstanding stock of cotton with the spinning mills in the domestic market is less, hence the mills will have to purchase cotton.

There has been a slight improvement in the prices of cottonseed and cotton cake, according to traders, the subscription is weaker than normal, while the daily arrivals of cotton in the producer markets have decreased compared to before, and the arrivals will further decrease in the coming days, hence their There may be a slight rise in prices, recession may persist.

Guar seed and guar gum prices opened weak. According to traders, export demand for guar gum products is weaker than normal and the outstanding stock with the plants is high. Monsoon rains are expected to be normal in the current season. In such a situation, one should not do business considering the huge rise in guar gum and seeds. However, there has been a decrease in the daily arrivals of guar seeds in the producer markets as compared to earlier.