Select pulses plunge up to Rs 1,400 per quintal this week

Select pulses, led by kabuli gram, extended losses for yet another week by plunging by up to Rs 1,400 per quintal due to fall in demand from retailers and dal mills against sufficient stocks position.

However, arhar and its dal managed to close higher on selective buying.

Marketmen said considerable drop in demand from retailers as well as dal mills against ample stocks position on increased supplies from producing regions, mainly dragged down kabuli gram other pulses prices.

In the national capital, kabuli gram small variety suffered the most by tumbling Rs 1,400 to Rs 6,000-7,000 per quintal.

Masoor small and bold also declined by Rs 50 each to Rs 3,650-3,800 and Rs 3,750-3,900 per quintal respectively. Its dal local and best quality traded lower by Rs 100 each to Rs 3,800-4,200 and Rs 3,900-4,300 per quintal respectively.

Malka local and best quality too lost Rs 200 each to Rs 4,000-4,200 and Rs 4,100-4,400 per quintal respectively.

On the other hand, arhar and its dal variety edged higher by Rs 50 and Rs 100 to Rs 4300 and Rs 6,200-8,100 per quintal respectively.