Fundamental

18
Pulses Daily Report April 28 th , 2016 Pulses Domestic Fundamentals: According to IBIS (provisional data), import of pulses in the week (18 Apr-24 Apr) was around 94.8 Thousand tonnes at major ports in India, around 16% higher than previous week’s (11 Apr-17 Apr) import of 81 Thousand tonnes. All pulses were imported higher as compare to last week. Maharashtra government has issued a bill to fix the maximum selling price of pulses, though the bill is yet to be signed by the President. The price of pulses which will be fixed will vary in metro cities, towns and villages. This move is likely to pressurized cash market in the short term. With uncertainty in the market regarding government action to curb down tur prices, demand has lower down than normal. Millers and stockiest are only doing need based buying. Currently prices of tur in Gulbarga mandi is around Rs 9300-9400 per quintal with arrival of 1800-2000 bags per day. In order to boost domestic supply and check for any price rise the government will release 10000 tonnes of Tur and urad from its buffer stock. The centre has directed state governments to keep a close watch on prices and take strict actions against any hoarding of pulses. Last week, the wholesale prices of tur dal were in range of Rs 145-150 per kg and wholesale prices of urad were Rs 175 per kg. According to third advance estimate issued by Rajasthan agriculture department for lentils, the production is expected to be 78210 tonnes, which is higher by 14953 tonnes as compared to second advance estimate. Last year Rajasthan has produced 42500 tonnes of Lentil. According to latest market update, the import of pulses have increased by around 20 percent from 45.84 lakh tonnes for F.Y. 2014-15 to 55 lakh tonnes for F.Y. 2015-16. As compared to F.Y. 2013-14 the imports have increased by 18.46 lakh tonnes from 2015-16. Private traders have imported 55 lakh metric tonnes of pulses which is around 22 percent higher as compared to last year. Furthermore, to uplift production the MSP for Tur as well as Urad has been increased by Rs. 275 per quintal and by Rs. 250 per quintal for Moong. Government agencies have procured 50000 tonnes of pulses and have contracted for 25000 tonnes for import. The WPI has fallen from 356.4 in February 2016 to 346.6 in March 2016 for pulses. There has been a fall in WPI of Lentil (337.2 for February 2016 to 325.5 in March 2016), Moong (397.4 for February 2016 to 390.5 in March 2016) and urad (507.1 for February 2016 to 495.6 in March 2016) Chana wholesale prices have risen by 15%-20% in the last ten days. Even after expectation of good monsoon this year consumers might have to pay higher prices till the new Kharif crop arrives. Furthermore, arrivals in chana producing states like Rajasthan and UP have not been satisfactory. This rise in prices of chana can lead to an increase in prices of imported yellow peas, as it replaces chana in varying degree in besan. According to the local trader of Kanpur region of Uttar Pradesh, new pea crop has increased due to higher prices in the cash market. Demand of pea is higher than normal and crop quality is good. At present arrival in the mandi is around 3000-4000 bags per day with price range of Rs 3340-3370 per bag. According to the third advance estimate, Rajasthan agriculture Department lowers down chana production estimate to 9.99 Lakh tones which is 17% lower than targeted estimate. Targeted estimate was 12.07 Lakh tonnes. Lower production estimate and good demand has given support to chana cash market. According to IBIS, India green pea imports was around 2877 MT in last week (04 Apr-10 Apr) at an average price of $ 406.70 Cif per tonne. Major exporters were Canada and USA. At present Green Pea price in Mumbai market is going around Rs 3000-3200 per quintal. Green Pea price may show steady to slightly firm movement due to good demand.

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Pulses report

Transcript of Fundamental

Page 1: Fundamental

Pulses Daily Report April 28

th, 2016

Pulses Domestic Fundamentals:

According to IBIS (provisional data), import of pulses in the week (18 Apr-24 Apr) was around 94.8

Thousand tonnes at major ports in India, around 16% higher than previous week’s (11 Apr-17 Apr) import of

81 Thousand tonnes. All pulses were imported higher as compare to last week.

Maharashtra government has issued a bill to fix the maximum selling price of pulses, though the bill is yet to

be signed by the President. The price of pulses which will be fixed will vary in metro cities, towns and

villages. This move is likely to pressurized cash market in the short term.

With uncertainty in the market regarding government action to curb down tur prices, demand has lower down

than normal. Millers and stockiest are only doing need based buying. Currently prices of tur in Gulbarga

mandi is around Rs 9300-9400 per quintal with arrival of 1800-2000 bags per day.

In order to boost domestic supply and check for any price rise the government will release 10000 tonnes of

Tur and urad from its buffer stock. The centre has directed state governments to keep a close watch on

prices and take strict actions against any hoarding of pulses. Last week, the wholesale prices of tur dal were

in range of Rs 145-150 per kg and wholesale prices of urad were Rs 175 per kg.

According to third advance estimate issued by Rajasthan agriculture department for lentils, the production is

expected to be 78210 tonnes, which is higher by 14953 tonnes as compared to second advance estimate.

Last year Rajasthan has produced 42500 tonnes of Lentil.

According to latest market update, the import of pulses have increased by around 20 percent from 45.84

lakh tonnes for F.Y. 2014-15 to 55 lakh tonnes for F.Y. 2015-16. As compared to F.Y. 2013-14 the imports

have increased by 18.46 lakh tonnes from 2015-16.

Private traders have imported 55 lakh metric tonnes of pulses which is around 22 percent higher as

compared to last year. Furthermore, to uplift production the MSP for Tur as well as Urad has been increased

by Rs. 275 per quintal and by Rs. 250 per quintal for Moong. Government agencies have procured 50000

tonnes of pulses and have contracted for 25000 tonnes for import.

The WPI has fallen from 356.4 in February 2016 to 346.6 in March 2016 for pulses. There has been a fall in

WPI of Lentil (337.2 for February 2016 to 325.5 in March 2016), Moong (397.4 for February 2016 to 390.5 in

March 2016) and urad (507.1 for February 2016 to 495.6 in March 2016)

Chana wholesale prices have risen by 15%-20% in the last ten days. Even after expectation of good

monsoon this year consumers might have to pay higher prices till the new Kharif crop arrives. Furthermore,

arrivals in chana producing states like Rajasthan and UP have not been satisfactory. This rise in prices of

chana can lead to an increase in prices of imported yellow peas, as it replaces chana in varying degree in

besan.

According to the local trader of Kanpur region of Uttar Pradesh, new pea crop has increased due to higher

prices in the cash market. Demand of pea is higher than normal and crop quality is good. At present arrival in

the mandi is around 3000-4000 bags per day with price range of Rs 3340-3370 per bag.

According to the third advance estimate, Rajasthan agriculture Department lowers down chana production

estimate to 9.99 Lakh tones which is 17% lower than targeted estimate. Targeted estimate was 12.07 Lakh

tonnes. Lower production estimate and good demand has given support to chana cash market.

According to IBIS, India green pea imports was around 2877 MT in last week (04 Apr-10 Apr) at an average

price of $ 406.70 Cif per tonne. Major exporters were Canada and USA. At present Green Pea price in

Mumbai market is going around Rs 3000-3200 per quintal. Green Pea price may show steady to slightly firm

movement due to good demand.

Page 2: Fundamental

Pulses Daily Report April 28

th, 2016

Pulses International Fundamental:

As per latest update, farmers in Canada are planning to shift their crop from wheat to peas and lentil

due to higher prices and demand in India. Farmers aim to plant 5 million acres of lentils and 4.6 million acres of

peas, which will lead to a fall in wheat area to 23.2 million acres.

According to latest report by USDA, farmers in the US expect to plant Chickpeas in larger area as

compared to last year due to strong prices and demand. The area for small chickpeas is expected increase by

15% to 83000 acres and area for large chickpeas is expected to increase by 20% to 163000 acres in 2016.

According to latest update, carry-out stocks for Canadian Chickpeas are expected to fall from 125 thousand

MT in 2014-15 to 50 thousand MT 2015-16. This fall in carry-out stocks is mainly due to increased exports and

decreased production

According to the latest Statpub report, France pea export increased by 66% to 10.0 Thousand MT in

January from previous month of 6.01 Thousand MT. However, it is 23% lower than 13,030 MT shipped during

the same month last year. This year export of peas from France is expected to increase.

According to the latest report, Canadian Lentil production for 2015-16 increases by around 19% to 2.4

MMT. Last year it was 1.98 MMT. Due to higher production and good demand, exports are forecasted to reach

2.4 MMT from 2.1 MMT. Season ending stock is expected to decrease from 0.36 MMT to 0.10 MMT. Farmer’s

average bids are likely to increase from $585 to $880/910 per tonnes due to higher demand, less availability of

good quality crop and weak Canadian dollar.

According to the latest report, Canada Chickpea Production for 2015-16 decreases by around 31

percent to 0.90 MMT. Canada had produced 1.31 MMT last year. Despite lower production, exports are

forecasted to reach 0.85 MMT this year from 0.80 MMT last year due to higher demand. However, season

ending stock is expected to decrease from 0.125 MMT to 0.075 MMT .Farmers bids are likely to increase from

$515 to $685-715 per tonne.

According to the latest report, Canada Pea Production for 2015-16 decreases by around 16 percent to

3.2 MMT. Canada had produced 3.8 MMT last year. Due to lower production, exports are forecasted to reach

2.95 MMT this year from 3.04 MMT last year. Farmer’s bids are likely to increase from $260 to $305-335 per

tonne due to good demand.

According to the latest ABARES report, Australian Chickpea production forecast 2015-16 is 1013 kilo

tonnes which are around 82% greater than 2014-15 estimate which was 555 kilo tonnes. Australian chickpea

harvesting starts from mid September and crops start hitting India market from October onwards.

According to latest Canadian update, for 2016-17 sowing area for lentils in Canada is expected to increase

up to 1.8Mha. Furthermore, higher yield is also expected which will lead to increase in production by 20% to

2.85 Mt which is up by 0.57Mt in 2015-16.

According to latest Canadian update, exports for chickpeas are expected to increase from 2014-15 because

of increase in demand from Pakistan and US. USDA has estimated US chickpea production at 114 kilotonnes,

which is about 10% lower than 2014-15. The average prices can also increase due to higher local demand and

higher quotes in international market.

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Pulses Daily Report April 28

th, 2016

Canada Dry Pea Production Estimate

2014-2015 2015-2016[f] 2016-2017[f]

Area seeded (kha) 1,613 1,489 1,700

Area harvested (kha) 1,588 1,470 1,675

Yield (t/ha) 2.4 2.18 2.45

Production (kt) 3,810 3,201 4,100

Imports (kt) [b] 31 29 30

Total supply (kt) 4,170 3,914 4,530

Exports (kt) [b] 3,091 3,000 3,100

Total domestic use (kt) [c] 395 514 630

Carry-out stocks (kt) 684 400 800

Stocks-to-use ratio (%) 20 11 21

Average price ($/t) [d] 260 360-390 300-330

[a] August-July crop year.

[b] Imports and exports exclude products.

[c] Total domestic use = Food and industrial use + Feed waste and dockage + Seed use + Loss in handling. Total domestic use is calculated residually.

[d] Producer price, Free-on-board (FOB) plant, average over all types, grades and markets.

kha: kilohectares

t/ha: tonnes per hectare

kt: kilotonnes

$/t: dollars per tonne

f: forecast, Agriculture and Agri-Food Canada, Feb 16, 2016

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Pulses Daily Report April 28

th, 2016

Canada Lentil Production Estimate

2014-2015 2015-2016[f] 2016-2017[f]

Area seeded (kha) 1,263 1,597 1,800 Area harvested (kha)

1,217 1,589 1,775 Yield (t/ha)

1.63 1.49 1.61 Production (kt)

1,987 2,373 2,850 Imports (kt) [b] 13 16 13 Total supply (kt) 2,786 2,754 2,963 Exports (kt) [b] 2,179 2,400 2,200 Total domestic use (kt) [c] 242 254 263 Carry-out stocks (kt)

365 100 500 Stocks-to-use ratio (%)

15 4 20 Average price ($/t) [d] 585 1030-1060 765-795 [a] August-July crop year.

[b] Imports and exports exclude products.

[c] Total domestic use = Food and industrial use + Feed waste and dockage + Seed use + Loss in handling. Total domestic use is calculated residually.

[d] Producer price, Free-on-board (FOB) plant, average over all types, grades and markets.

kha: kilohectares

t/ha: tonnes per hectare

kt: kilotonnes

$/t: dollars per tonne

f: forecast, Agriculture and Agri-Food Canada, Feb 16, 2016

Outlook: - Pulses prices are likely to be range bound.

Page 5: Fundamental

Pulses Daily Report April 28

th, 2016

NCDEX Chana Futures Price Movement For 10 MT contract* (in Rs./Qtl.):-

Contract +/- Open High Low Close Volume Vol. Change OI OI. Change

May-16 149 5382 5524 5352 5517 30150 -23660 13700 -580 Jun-16 125 5447 5615 5447 5601 16090 -7790 12230 490 Jul-16 108 5582 5700 5579 5690 1340 -840 2790 -230

Spread Matrix**: -

Contract May-16 Jun-16 Jul-16

Basis 58

May-16

84

Jun-16

89

Jul-16

Basis** = [(Chana Spot prices at Delhi center – Near month futures)]

NCDEX Chana Futures Price Movement For 2 MT contract (in Rs./Qtl.) :-

Contract +/- Open High Low Close Volume Vol. Change OI OI. Change

May-16 52 5420 5420 5420 5420 2 -24 86 -2 Jun-16 44 5530 5608 5472 5590 50 0 74 0

NCDEX Warehouse Stocks (in MT):- as on April26, 2016

Location Demat In-Process Total

Bikaner 3358 120 3478 Delhi - - - Indore - - - Total 3358 120 3478 (Source-NCDEX)

NCDEX Chana FED Wise Stock Position (Qty in MT) onApril25, 2016

FED Bikaner Delhi Indore Indore (Dewas) Total

5-Nov-16 2733 - - - 2733 5-Dec-16 665 - - - 665 5-April-16 - - - - -

Total 3398 - - - 3398 (Source- NCDEX)

FOREX

Currency US Dollar Euro Yen (100)

GBP MMK* Canadian

Dollar* Australian

Dollar* Chinese Yuan*

27.04.2016 66.54 75.17 59.85 96.92 0.0570 52.80 50.65 10.23

26.04.2016 66.73 75.18 60.22 96.76 0.0573 52.67 51.51 10.25 (Source- RBI; *xe.com)

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Pulses Daily Report April 28

th, 2016

Pulses Prices (Pulses-Wise; Variety-Wise; Market-Wise Comparison)

Pulses Prices 27-Apr-16 26-Apr-16 Change

Chana (Australia) in Rs./Qtl.

Kolkatta (W.B.) 5750 5725 25

Mumbai (Mah.) 5625 5725 -100

Tuticorin (T.N.) 5150 5150 Unch

Chana (Both Desi and kantewala) in Rs./Qtl.

Ramganj (Raj.) 5250 5250 Unch

Chana (Raj.) in Rs./Qtl.

Delhi 5550 5600 -50

Chana Annagiri in Rs./Qtl.

Akola (Mah.) NA 5500 -

Gulbarga (KA) 5600 5600 Unch

Latur (Mah.) 5700 5700 Unch

Nagpur (Mah.) 5600 5600 Unch

Nanded (Mah.) 5700 5700 Unch

Udgir (Mah.) 5550 5650 -100

Chana Besan in Rs./Qtl.

Delhi 7200 7186 14

Chana Chapa in Rs./Qtl.

Akola (Mah.) NA 5500 -

Barshi (Mah.) 5250 5300 -50

Nagpur (Mah.) 5500 5600 -100

Chana Dall (Average Quality) in Rs./Qtl.

Indore (M.P.) 7200 7200 Unch

Chana Dall (Branded) in Rs./Qtl.

Gulbarga (KA) 7300 7300 Unch

Chana Dall in Rs./Qtl.

Barshi (Mah.) 6100 6300 -200

Bhind (M.P.) 6600 6500 100

Bikaner (Raj.) 6600 6700 -100

Delhi 6650 6600 50

Gulbarga (KA) 7200 7300 -100

Gwalior (M.P.) 6900 6650 250

Jalgoan (Mah.) 7000 7000 Unch

Jamshedpur (Jh.) 6600 6700 -100

Latur (Mah.) 7150 7300 -150

Nagpur (Mah.) NA 7000 -

Pipariya (M.P.) 7400 7400 Unch

Chana Desi in Rs./Qtl.

Ahmednagar (Mah.) 5300 5400 -100

Ajmer (Raj.) 5325 5350 -25

Ashok Nagar (M.P.) 5550 5570 -20

Barshi (Mah.) 5000 5100 -100

Bhind (M.P.) 5500 5600 -100

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Pulses Daily Report April 28

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Bina (M.P.) NA 5350 -

Bundi (Raj.) 5300 5150 150

Dabra (M.P.) 5300 5400 -100

Dahod (Guj.) 5500 5700 -200

Gwalior (M.P.) 5800 5400 400

Harda (M.P.) 5600 5600 Unch

Jaipur (Raj.) 5550 5600 -50

Jhansi (U.P.) 5500 NA -

Kanpur (U.P.) 5850 NA -

Kekri (Raj.) 5200 5200 Unch

Khandwa (M.P.) 5450 5600 -150

Kota (Raj.) 5400 5400 Unch

Merta City (Raj.) 5300 5300 Unch

Morena (M.P.) 5450 5450 Unch

Nagpur (Mah.) 5400 5500 -100

Pipariya (M.P.) 5500 5600 -100

Sriganganagar (Raj.) 5175 5300 -125

Tikamgarh (M.P.) 5000 NA -

Vijaywada (A.P.) 5450 5650 -200

Chana Dollar in Rs./Qtl.

Ujjain (M.P.) 9100 9300 -200

Chana G 12/Vijay in Rs./Qtl.

Latur (Mah.) 5600 5600 Unch

Chana Gauran in Rs./Qtl.

Jalna (Mah.) NA 5550 -

Latur (Mah.) 5500 5500 Unch

Chana in Rs./Qtl.

Amaravati (Mah.) 5400 5300 100

Bikaner (Raj.) 5200 5300 -100

Jalgoan (Mah.) 5600 5600 Unch

Raipur (CG.) 5500 5500 Unch

Sedam (KA.) 5600 5600 Unch

Solapur (Mah.) 5700 5800 -100

Chana kantewala/katawala (M.P. Origin) in Rs./Qtl.

Delhi 5575 5600 -25

Chana kantewala/katawala in Rs./Qtl.

Barshi (Mah.) 5000 5100 -100

Dewas (M.P.) 5250 5300 -50

Indore (M.P.) 5600 5600 Unch

Nanded (Mah.) 5600 5600 Unch

Neemuch (M.P.) 5220 5350 -130

Rajgarh (M.P.) 5500 5500 Unch

Chana Mixed (Mill) in Rs./Qtl.

Latur (Mah.) 5400 5400 Unch

Chana Mixed in Rs./Qtl.

Akola (Mah.) NA 5350 -

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Pulses Daily Report April 28

th, 2016

Chana Pila in Rs./Qtl.

Jalna (Mah.) NA 5650 -

Chana Vijay in Rs./Qtl.

Udgir (Mah.) 5450 5500 -50

Chana Vishal in Rs./Qtl.

Ahmednagar (Mah.) 5500 5600 -100

Kabuli Chana 44-46 Mill Quality in Rs./Qtl.

Indore (M.P.) 9200 9400 -200

Kabuli Chana 58-60 Export Quality in Rs./Qtl.

Indore (M.P.) 10400 10300 100

Lentil Yellow (USA) in Rs./Qtl.

Chennai (T.N.) 8200 8200 Unch

Masoor (Canada) in Rs./Qtl.

Kolkatta (W.B.) 6400 6400 Unch

Masoor (Canada)(Container) No. 2 in Rs./Qtl.

Mumbai (Mah.) 5800 5850 -50

Masoor (Kotaline) in Rs./Qtl.

Delhi 5900 6000 -100

Masoor (Sikri Line) in Rs./Qtl.

Delhi 7600 7700 -100

Masoor Badi /malka dal in Rs./Qtl.

Delhi 7300 7400 -100

Masoor Chanti-Export Quality in Rs./Qtl.

Delhi 9200 9300 -100

Masoor Chota (FAQ) in Rs./Qtl.

Indore (M.P.) 5875 5975 -100

Masoor Dall (Medium) in Rs./Qtl.

Indore (M.P.) 7100 7100 Unch

Masoor Dall Choti in Rs./Qtl.

Delhi 8200 8400 -200

Masoor Dall Malka in Rs./Qtl.

Gwalior (M.P.) 6900 6800 100

Jamshedpur (Jh.) 7000 7100 -100

Masoor Desi in Rs./Qtl.

Ashok Nagar (M.P.) 5680 5900 -220

Pipariya (M.P.) 5300 5500 -200

Masoor in Rs./Qtl.

Gwalior (M.P.) 5800 5700 100

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Pulses Daily Report April 28

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Jhansi (U.P.) 5600 NA -

Patna (BR.) 6600 6700 -100

Raipur (CG.) 6000 6000 Unch

Tuticorin (T.N.) 7800 7800 Unch

Masoor Kali in Rs./Qtl.

Bina (M.P.) NA 5700 -

Masoor Medium (barik) in Rs./Qtl.

Indore (M.P.) 5850 5950 -100

Masoor Medium in Rs./Qtl.

Dabra (M.P.) 5700 6000 -300

Rajgarh (M.P.) 5700 5700 Unch

Masoor Mota Masra in Rs./Qtl.

Indore (M.P.) 5900 6000 -100

Masoor Vessel in Rs./Qtl.

Mumbai (Mah.) NA 5700 -

Moong (Tanzania) in Rs./Qtl.

Mumbai (Mah.) 6400 6400 Unch

Moong (UP line) in Rs./Qtl.

Kanpur (U.P.) 7200 NA -

Moong Annaseva (Burma) in $/t

Mumbai (Mah.)-Cnf 1000 1000 Unch

Moong chamki in Rs./Qtl.

Gulbarga (KA) 6900 6800 100

Indore (M.P.) 7200 7200 Unch

Jalgoan (Mah.) 8000 8000 Unch

Jalna (Mah.) NA 7700 -

Moong Chilka in Rs./Qtl.

Merta City (Raj.) 6550 6700 -150

Moong Dall Mogar (colourful branded) in Rs./Qtl.

Gulbarga (KA) 9600 9700 -100

Moong Dall Mogar in Rs./Qtl.

Indore (M.P.) 9600 9600 Unch

Jamshedpur (Jh.) 8800 8900 -100

Moong Dall Split (Average) in Rs./Qtl.

Bikaner (Raj.) 8900 8600 300

Moong Desi in Rs./Qtl.

Ajmer (Raj.) 6700 6600 100

Pipariya (M.P.) 6800 6500 300

Moong FAQ in Rs./Qtl.

Gulbarga (KA) 6950 6950 Unch

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Pulses Daily Report April 28

th, 2016

Moong Gauran in Rs./Qtl.

Jalna (Mah.) NA 6500 -

Moong in Rs./Qtl.

Ahmednagar (Mah.) 8100 8100 Unch

Akola (Mah.) NA 7200 -

Barshi (Mah.) 8700 9000 -300

Jaipur (Raj.) 6900 7000 -100

Kekri (Raj.) 6600 7000 -400

Latur (Mah.) 7000 6800 200

Vijaywada (A.P.) 6350 6300 50

Moong Kenya in Rs./Qtl.

Mumbai (Mah.) 7000 7000 Unch

Moong Mogar (Mertacity-Raj) in Rs./Qtl.

Delhi 6800 6800 Unch

Moong Mogar in Rs./Qtl.

Merta City (Raj.) 6450 6500 -50

Moong Pedishewa/Pedisheva/Pedishewar (Burma) in $/t

Mumbai (Mah.)-Cnf 1070 1070 Unch

Moong Pedishewa/Pedisheva/Pedishewar in Rs./Qtl.

Kolkatta (W.B.) 7700 7700 Unch

Moong Pokako/Pakaku (Burma) in $/t

Mumbai (Mah.)-Cnf 1050 1050 Unch

Moong Pokako/Pakkaku in Rs./Qtl.

Mumbai (Mah.) 6500 6500 Unch

Moong Polish (Mertacity-Raj) in Rs./Qtl.

Delhi 7200 7200 Unch

Moong Polish in Rs./Qtl.

Merta City (Raj.) 6550 6700 -150

Peas Dall in Rs./Qtl.

Jamshedpur (Jh.) 3550 3600 -50

Peas Green (America) in Rs./Qtl.

Mumbai (Mah.) 3300 3300 Unch

Peas Green (Canada) in Rs./Qtl.

Kolkatta (W.B.) 3300 3350 -50

Mumbai (Mah.) 3300 3300 Unch

Peas Green in Rs./Qtl.

Dabra (M.P.) 4000 4100 -100

Tuticorin (T.N.) 3100 3100 Unch

Peas White (Canada) in Rs./Qtl.

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Pulses Daily Report April 28

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Kanpur (U.P.) 3411 3400 11

Peas White Dall in Rs./Qtl.

Gwalior (M.P.) 3625 3700 -75

Peas White in Rs./Qtl.

Dabra (M.P.) 3600 3700 -100

Gwalior (M.P.) 3000 3200 -200

Harpalpur (M.P.) 3250 3300 -50

Jhansi (U.P.) 3225 NA -

Peas White/Yellow (America) in Rs./Qtl.

Mumbai (Mah.) 3141 3161 -20

Peas White/Yellow (Canada) in Rs./Qtl.

Mumbai (Mah.) 3141 3161 -20

Peas Yellow (Canada) in $/t

Tuticorin (T.N.)-Cnf 500 500 Unch

Peas Yellow (Russia) in $/t

Tuticorin (T.N.)-Cnf 425 425 Unch

Peas Yellow in Rs./Qtl.

Tuticorin (T.N.) 3400 3400 Unch

Peas Yellow/White (Canada) in Rs./Qtl.

Kolkatta (W.B.) 3300 3325 -25

Peas Yellow/White (Russia) in Rs./Qtl.

Kolkatta (W.B.) 3175 3200 -25

Tur (Local) in Kyat/t

Yangon-Myanmar NA 1540000 -

Tur (Mah.) in Rs./Qtl.

Nagpur (Mah.) 9000 8500 500

Tur (MP) in Rs./Qtl.

Kanpur (U.P.) NA 9100 -

Tur (UP Line) in Rs./Qtl.

Kanpur (U.P.) 9500 9400 100

Tur BDM in Rs./Qtl.

Jalna (Mah.) NA 9500 -

Tur Black in Rs./Qtl.

Ahmednagar (Mah.) 8300 8500 -200

Barshi (Mah.) 8000 8000 Unch

Tur Dall in Rs./Qtl.

Jalgoan (Mah.) 14200 14200 Unch

Jamshedpur (Jh.) 13000 13000 Unch

Pipariya (M.P.) 13500 13500 Unch

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Pulses Daily Report April 28

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Tur Dall Phatka in Rs./Qtl.

Barshi (Mah.) 13500 14000 -500

Gulbarga (KA) 13100 13300 -200

Latur (Mah.) 13500 14000 -500

Nagpur (Mah.) NA 13500 -

Tur Dall Phatka(General) in Rs./Qtl.

Indore (M.P.) 13500 13500 Unch

Tur Dall Sava no. in Rs./Qtl.

Barshi (Mah.) 11600 12000 -400

Tur Desi in Rs./Qtl.

Morena (M.P.) NA 8000 -

Pipariya (M.P.) 8800 9000 -200

Tur in Rs./Qtl.

Bhind (M.P.) 8500 8500 Unch

Raipur (CG.) 9500 9500 Unch

Solapur (Mah.) 9350 9550 -200

Tur Lemon (Burma) in $/t

Chennai (T.N.)-Cnf 1405 1425 -20

Mumbai (Mah.)-Cnf 1405 1425 -20

Tur Lemon (Burma) in Rs./Qtl.

Delhi 9000 9100 -100

Kolkatta (W.B.) 9300 9300 Unch

Mumbai (Mah.) 8800 8900 -100

Tur Lemon (FOB) in $/t

Yangon-Myanmar NA 1390 -

Tur Lemon in Rs./Qtl.

Chennai (T.N.) 8800 9000 -200

Vijaywada (A.P.) 8800 8900 -100

Tur Mah. Origin in Rs./Qtl.

Indore (M.P.) 9000 9100 -100

Tur Red (Variety-Maruti) in Rs./Qtl.

Jalna (Mah.) NA 9000 -

Tur Red FAQ in Rs./Qtl.

Gulbarga (KA) 9000 9100 -100

Tur Red in Rs./Qtl.

Ahmednagar (Mah.) 7800 8000 -200

Akola (Mah.) NA 9400 -

Amaravati (Mah.) 9000 9300 -300

Barshi (Mah.) 8800 9000 -200

Latur (Mah.) 9000 9300 -300

Sedam (KA.) 9050 9050 Unch

Udgir (Mah.) 9350 9450 -100

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Yadgir (KA) 9100 NA -

Tur TRS in Rs./Qtl.

Yadgir (KA) 8800 NA -

Tur White Desi in Rs./Qtl.

Jalgoan (Mah.) 9700 9700 Unch

Tur White in Rs./Qtl.

Ahmednagar (Mah.) 8800 9000 -200

Barshi (Mah.) 8700 8700 Unch

Dahod (Guj.) 8300 8500 -200

Jalna (Mah.) NA 9300 -

Latur (Mah.) 9000 9300 -300

Urad FAQ (Burma) in Rs./Qtl.

Kolkatta (W.B.) 11500 12000 -500

Urad (Mah. origin) in Rs./Qtl.

Indore (M.P.) 11500 11500 Unch

Urad (Polish) in Rs./Qtl.

Vijaywada (A.P.) 12700 12700 Unch

Urad (Unpolish) in Rs./Qtl.

Guntur (A.P.) 12100 12300 -200

Urad Dall (Branded) in Rs./Qtl.

Guntur (A.P.) 17500 17600 -100

Urad Dall Mogar (General-Average) in Rs./Qtl.

Indore (M.P.) 18000 18000 Unch

Urad Dall Mogar (local branded) in Rs./Qtl.

Gulbarga (KA) 18000 18200 -200

Urad Dall Split (Average) in Rs./Qtl.

Bikaner (Raj.) 15400 15500 -100

Urad Desi in Rs./Qtl.

Akola (Mah.) NA 12000 -

Jalgoan (Mah.) 12000 12000 Unch

Neemuch (M.P.) 10500 11000 -500

Pipariya (M.P.) 10000 10000 Unch

Ramganj (Raj.) 10500 11000 -500

Urad FAQ (Burma) in $/t

Mumbai (Mah.)-Cnf 1530 1540 -10

Urad FAQ (Burma) in Rs./Qtl.

Mumbai (Mah.) 11300 11600 -300

Urad FAQ (Local) in Kyat/t

Yangon-Myanmar NA 1785000 -

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Urad FAQ in Rs./Qtl.

Chennai (T.N.) 11300 11600 -300

Urad in Rs./Qtl.

Ahmednagar (Mah.) 11100 11100 Unch

Barshi (Mah.) 11000 11000 Unch

Dahod (Guj.) 12000 12200 -200

Indore (M.P.) 11000 11500 -500

Jaipur (Raj.) 11000 11000 Unch

Jalna (Mah.) NA 12000 -

Jhansi (U.P.) 10500 NA -

Kekri (Raj.) 10000 10500 -500

Kota (Raj.) NA 11000 -

Latur (Mah.) 12000 12000 Unch

Urad Sada(Bada) in Rs./Qtl.

Vijaywada (A.P.) 12500 12500 Unch

Urad SQ (Burma) in $/t

Mumbai (Mah.)-Cnf 1700 1720 -20

Urad SQ in Rs./Qtl.

Chennai (T.N.) 12300 12700 -400

Delhi 13200 13200 Unch

Urad Gota Branded in Rs./Qtl.2

Guntur (A.P.) 17500 17600 -100

Yellow Peas in Rs./Qtl.

Delhi 3350 3350 Unch

Urad (Polish) in Rs./Qtl.(New Crop)

Guntur (A.P.) 12300 12500 -200

Urad FAQ (FOB) in $/t(New)

Yangon-Myanmar NA 1515 -

Urad SQ (FOB) in $/t(New)

Yangon-Myanmar NA 1670 -

Urad FAQ (Burma) in $/t(March shippment)

Chennai (T.N.)-Cnf 1520 1550 -30

Urad SQ (Burma) in $/t(March shippment)

Chennai (T.N.)-Cnf 1660 1700 -40

Yellow Lentil (Canada Laired No.1 ).

Chennai 8500 8500 Unch

Yellow Lentil (Canada Laired No.2 ).

Chennai 8300 8300 Unch

Yellow Lentil (Canada Laired No.3 ).

Chennai 8000 8000 Unch

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Pulses Arrivals (Pulses-Wise; Market-Wise Comparison) at Key Spot Markets (in bags of 1 Qtl.):

Pulses Arrivals 27-Apr-16 26-Apr-16 Change

Chana (Both Desi and kantewala) in Qtls. Ramganj (Raj.) 500 1000 -500

Chana Annagiri in Qtls. Gulbarga (KA) 400 300 100

Udgir (Mah.) 500 700 -200

Chana Both(MP and Raj. Origin) in Motors/trucks (each of arround 9-15 tonne) Delhi 25 50 -25

Chana Desi in Qtls. Ajmer (Raj.) 150 300 -150

Ashok Nagar (M.P.) 3000 7000 -4000

Barshi (Mah.) 700 600 100

Bhind (M.P.) 25 25 Unch

Bina (M.P.) NA 800 -

Bundi (Raj.) 50 150 -100

Dabra (M.P.) 250 1000 -750

Dahod (Guj.) 500 1000 -500

Harda (M.P.) 800 800 Unch

Jhansi (U.P.) 250 NA -

Kekri (Raj.) 200 400 -200

Khandwa (M.P.) 200 50 150

Kota (Raj.) 300 300 Unch

Merta City (Raj.) 200 400 -200

Morena (M.P.) 50 20 30

Pipariya (M.P.) 600 800 -200

Sriganganagar (Raj.) 1000 1500 -500

Tikamgarh (M.P.) 150 NA -

Vijaywada (A.P.) 1000 1000 Unch

Chana G 12/Vijay in Qtls. Latur (Mah.) 5000 4000 1000

Chana Gauran in Qtls. Jalna (Mah.) NA 300 -

Chana in Qtls. Ahmednagar (Mah.) 600 600 Unch

Akola (Mah.) NA 1500 -

Amaravati (Mah.) 1000 2000 -1000

Bikaner (Raj.) 10000 20000 -10000

Jalgoan (Mah.) 300 300 Unch

Nagpur (Mah.) 1000 1200 -200

Nanded (Mah.) 3000 2000 1000

Raipur (CG.) 2200 2200 Unch

Sedam (KA.) 100 100 Unch

Solapur (Mah.) 900 700 200

Ujjain (M.P.) 800 300 500

Chana kantewala/katawala in Qtls. Dewas (M.P.) 250 350 -100

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Indore (M.P.) 4000 4000 Unch

Neemuch (M.P.) 200 500 -300

Rajgarh (M.P.) 100 500 -400

Chana Mixed (Mill) in Qtls. Latur (Mah.) 1500 4000 -2500

Chana Pila in Qtls. Jalna (Mah.) NA 200 -

Masoor Desi in Qtls. Ashok Nagar (M.P.) 800 900 -100

Pipariya (M.P.) 50 300 -250

Masoor in Qtls. Jhansi (U.P.) 150 NA -

Patna (BR.) 1000 1000 Unch

Raipur (CG.) 500 500 Unch

Masoor Kali in Qtls. Bina (M.P.) NA 200 -

Masoor Medium (barik) in Qtls. Indore (M.P.) 1000 1500 -500

Masoor Medium in Qtls. Dabra (M.P.) 100 600 -500

Rajgarh (M.P.) 2000 3000 -1000

Moong Chamki in Qtls. Indore (M.P.) 500 700 -200

Moong Desi in Qtls. Ajmer (Raj.) 200 200 Unch

Merta City (Raj.) 1200 2000 -800

Pipariya (M.P.) 40 70 -30

Moong FAQ in Qtls. Gulbarga (KA) 320 318 2

Moong in Qtls. Ahmednagar (Mah.) 200 200 Unch

Akola (Mah.) NA 50 -

Barshi (Mah.) 5 6 -1

Kekri (Raj.) 200 100 100

Vijaywada (A.P.) 1000 2000 -1000

Peas White in Qtls. Dabra (M.P.) 250 500 -250

Harpalpur (M.P.) 100 150 -50

Jhansi (U.P.) 200 NA -

Tur BDM in Qtls. Jalna (Mah.) NA 200 -

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Tur Desi in Qtls. Morena (M.P.) NA 10 -

Pipariya (M.P.) 80 300 -220

Tur in Qtls. Ahmednagar (Mah.) 300 300 Unch

Barshi (Mah.) 700 700 Unch

Bhind (M.P.) 40 40 Unch

Dahod (Guj.) 1000 2000 -1000

Nagpur (Mah.) 1000 1200 -200

Raipur (CG.) 800 800 Unch

Solapur (Mah.) 1500 1200 300

Tur Mah. Origin in Qtls. Indore (M.P.) 500 700 -200

Tur Red (Variety-Maruti) in Qtls. Jalna (Mah.) NA 100 -

Tur Red in Qtls. Akola (Mah.) NA 1000 -

Amaravati (Mah.) 2000 4000 -2000

Gulbarga (KA) 2000 2000 Unch

Latur (Mah.) 2000 3000 -1000

Sedam (KA.) 400 400 Unch

Udgir (Mah.) 400 600 -200

Yadgir (KA) 100 NA -

Tur TRS in Qtls. Yadgir (KA) 100 NA -

Tur White Desi in Qtls. Jalgoan (Mah.) 300 300 Unch

Tur White in Qtls. Jalna (Mah.) NA 300 -

Latur (Mah.) 100 200 -100

Urad (Mah. origin) in Qtls. Indore (M.P.) 1000 1200 -200

Urad (Polish) in Qtls. Vijaywada (A.P.) 5000 10000 -5000

Urad Desi in Qtls. Akola (Mah.) NA 50 -

Neemuch (M.P.) 50 60 -10

Ramganj (Raj.) 200 100 100

Urad in Qtls. Ahmednagar (Mah.) 200 200 Unch

Barshi (Mah.) 5 6 -1

Dahod (Guj.) 200 100 100

Jhansi (U.P.) 60 NA -

Kekri (Raj.) 150 100 50

Page 18: Fundamental

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Kota (Raj.) NA 200 -

Latur (Mah.) 20 20 Unch

Disclaimer The information and opinions contained in the document have been compiled from sources believed to be reliable. The company does not warrant its accuracy, completeness and correctness. Use of data and information contained in this report is at your own risk. This document is not, and should not

be construed as, an offer to sell or solicitation to buy any commodities. This document may not be reproduced, distributed or published, in whole or in part, by any recipient hereof for any purpose without prior permission from the Company. IASL and its affiliates and/or their officers, directors and employees may have positions in any commodities mentioned in this document (or in any related investment) and may from time t o time add to or

dispose of any such commodities (or investment). Please see the detailed disclaimer at © 2016 Indian Agribusiness Systems Pvt. Ltd.