Gram plunges on fall in demand

Gram prices retreated from record highs by plunging Rs 700 per quintal at the wholesale pulses market in the national capital today following increased supplies in the market coupled with considerable fall in demand.

Traders said besides fall in demand from retailers at record high levels, improved supplies mainly pulled down gram prices.

Gram, gramdal local and best quality plunged by Rs 700 each to Rs 11,000-11,300, Rs 11,300-11,600 and Rs 11,700-11,800 per quintal, respectively.

Kabli gram small variety also eased to Rs 10,000-10,400 against last close of Rs 10,000-10,800 per quintal.

Following are today's pulses rates (in Rs per quintal):
 

Urad Rs 7,450-9,050, Urad Chilka (local) Rs 7,900-8,000, Urad best Rs 8,000-8,500, Dhoya Rs 8,400-8,700, Moong Rs 5,400-6,000, Dal Moong Chilka local Rs 5,900-6,200, Moong Dhoya local Rs 6,500-7,000 and best quality Rs 7,000-7,200.

Masoor small Rs 5,500-5,700, bold Rs 5,550-5,750, Dal Masoor local Rs 5,950-6,450, best quality Rs 6,050-6,550, Malka local Rs 6,400-6,900, best Rs 6,500-7,000, Moth Rs 4,200-4,500, Arhar Rs 6,800, Dal Arhar Dara Rs 8,700-10,500.

Gram Rs 11,000-11,300, Gram dal (local) Rs 11,300-11,600, best quality Rs 11,700-11,800, Besan (35 kg), Shakti Bhog Rs 4,860, Rajdhani Rs 4,860, Rajma Chitra Rs 6,000-8,800, Kabuli Gram small Rs 10,000-10,400, Dabra Rs 2,700-2,800, Imported Rs 4,700-5,100, Lobia Rs 5,400-5,600, Peas white Rs 2,950-2,975 and green Rs 3,200-3,300.