Gram and other pulses slide on sluggish demand

Pulses: Weak conditions emerged at the wholesale pulses market during the week with select pulses led by gram falling up to Rs 500 per quintal owing to slackened demand from retailers at prevailing levels against sufficient stocks.

However, rajmah Chitra ended higher on scattered inquiries.

Marketmen said besides easing demand from dal mills and retailers at existing levels, adequate stocks position on higher supplies from producing regions, mainly pulled down gram and other pulses prices.

In the national capital, gram dropped by Rs 300 to Rs 4,000-4,100, while its dal local and best quality plunged by Rs 500 each to Rs 4,100-4,500 and Rs 4,500-4,600 per quintal respectively.

Besan Shaktibhog and Rajdhani quoted lower at Rs 1,950 each instead of Rs 2,000 each per 35 kg bag.

Masoor small and bold also drifted lower by Rs 100 each to Rs 3,750-4,000 and Rs 3,800-4,100 per quintal respectively. Its dal local and best quality lost Rs 200 each at Rs 4,300-4,700 and Rs 4,400-4,800 per quintal.

Urad and its dal chilka local also dropped by Rs 200 and Rs 300 to Rs 3,800-4,750 and Rs 4,700-4,800 per quintal. Its dal best quality and dhoya traded lower by Rs 300 each to Rs 4,800-5,300 and Rs 5,250-5,450 per quintal respectively.

On the other hand, rajmah chitra edged up by Rs 50 to Rs 6,300-8,500 per quintal.