NAFED Distributed Imported Pulses

NEW DELHI - Sep 18/06 - SNS -- India's NAFED has started distributing 49,300 metric tons (MT) of imported urad and moong in Delhi, Chennai, Kanpur, Indoor, Akola, Gulbarga, Bhubaneshwar, Amritsar, Jalgaon and Jaipur. The pulses were bought by tender.

As on September 15, 2006 a total of 22,448 MT of urad and 318 MT of moong has been disposed of at an average rate of Rs. 33.06 and Rs. 31.27 per kg. respectively.

Against a contracted quantity of 49,300 MT of urad and moong around 78% stocks of pulses has already been received. The balance quantity is likely to be shipped within this week.

Prices of gram dal as on September 15 remained at the previous week’s level in Agartala, Guwahati, Kolkata, Shillong, Hyderabad and Thiruvananthapuram. However, prices of gram dal registered an increase at Delhi, Lucknow, Shimla, Ahmedabad, Bhopal, Jaipur, Mumbai, Bhubaneshwar, Patna, Bangalore and Chennai.

Tur dal prices remained steady in the most of above centres and declined at Lucknow and Bhopal. Slight increase in prices was noticed at Shimla, Jaipur, Kolkata, Bangalore and Chennai. The futures prices as on September 14 across the contracts, September to December 2006; have increased from the spot price. Futures price for January 2007 contract as on the same date stands lower than the spot price.