Pulses Monthly Research Report

Pulses Weekly Report December 31, 2013 Pulses Monthly Research Report December 31, 2013 Contents Monthly Updates First Advance Estimates -2013-14 Pulses :- Chickpeas (Chana/Bengal gram) Peas (Matar) Black Matpe (Urad/Black gram) Pigeon pea (Tur/ Red gram) Lentils (Masoor) Green Gram (Moong) Commodity wise Prices and Arrivals at Different centers

Pulses Weekly Report December 31, 2013 Monthly Updates Pulses prices are likely to notice sideways to weak tone amid sluggish demand in the ready market. Higher rabi crop sown area also weigh on the prices. The general assembly of the United Nations has named 2016 as the International Year of Pulses. Commencement of new tur crop reported in several domestic markets. In 2013-14,the demand for pulses is projected at 21.77 MMT against the 19MMT of domestic production with 1.42 MMT imports till September 2013 -Ministry of Agriculture, GOI. In October, the dry beans and pulses exports from Myanmar surged to 125,893 tonne, 14% up from the same period last year on strong buying demand from India. India accounts for the 80% of the total exports i.e 100,412 tonne. However, exports between January to October in 2013 are down by 43.46% to 964610 tonne from 1,383,834 tonne exported till October in last year. International lentil markets remain unchanged on thin trading activity. Canadian field pea markets remain flat on shortage of transportation resources. Canada's pea exports in November are down by 69% to 52800 tonne in November from the quantity exported in October. Canada's lentil exports in November are down by 87% to 11100 tonne in November from the quantity exported in October. The USDA Risk Management Agency has announced the 2013 harvest prices for the dry bean revenue protection and revenue protection with harvest price exclusion plans of insurance. For green peas, the harvest price is 14 cents per pound; it s 19 cents for lentils; chickpea harvest prices are 25 and 35 cents per pound. The year 2013 is the first of a four-year pilot program for dry bean revenue insurance in North Dakota and Minnesota. USDA's Commodity Credit Corporation office seek purchase tender for 9000 tonne of pulses for February 1 to February 22 and February 23 to March 16 delivery at port. USDA bought 63000 bags of split yellow peas and lentils and the Guidry Liason Group and Yellowstone Bean are successful bidders. Monthly Outlook- Pulses prices are likely to notice sideways to weak tone in the near term amid lack of good demand in the market. Moreover, market is likely to consider the rabi crop, expected to harvest in February month.

Rabi Pulses Sowing Progress Pulses Weekly Report December 31, 2013 According to Ministry of Agriculture, acreage under rabi pulses till date is reported at 146.4 lakh hectares compared to 142.65 lakh hectares during the same period previous year. The area sown under chana is surged to 95.3 lakh Ha. against 90.3 lakh ha. in last year. In Maharashtra, Sowing acreage of rabi pulses till January 3,2014 surged to 1,349,926 hectares from 1,196,881 hectares sowed in same period during last year.the Chana sowing surge to 1,302,227 hectares from1,088,498 hectares. According to Gujarat Agriculture Department, rabi chana sowing in the state have been done in 273,300 hectares compared to 173,100 hectares during the same period last year as on December 30, 2013. According to government of Andhra Pradesh, total pulses sowing in the state have been down to 9.18 lakh hectares compared to 11.32 lakh hectares during the same period last year as on 1 st January, 2014 in the current rabi season. According to weekly crop report released by government of Rajasthan, rabi pulses sowing in the state have been covered in 13.98 lakh hectares compared to 11.32 lakh hectares during the same period last year as on 28 th November, 2013. Crop Wise Sowing Progress as on Dec.20,2013 Pulses This Year Same Period last year Absolute Change Gram* 95.3 90.3 3.87 Lentil 13.81 13.49 0.32 Peas 7.48 7.22 0.26 Kulthi(Horse Gram) 3.59 4.23-0.64 Urad 3.35 3.73-0.38 Moong 2.31 1.61 0.7 Lathyrus 3.08 3.46-0.38 Others 6.32 4.44 1.88 Total Pulses 126.84 121.22 5.62 *As on Jan.3,2014.

Tender Updates Pulses Weekly Report December 31, 2013 PEC LTD. will be procuring 40000 tonne of split dal for 2013-14 & 2014-15 under Dal Roti Scheme of the Haryana Government. The Approximate monthly requirement of all processed pulses is around 3,500 tonne. The procurement is from registered suppliers through e- procurement process at NCDEX spot exchange Ltd. At Present, PEC LTD require 5775 tonne of chana dal and 3855 tonne of urad sabut from January -February 2014.The rates offered for the purchase center includes all Govt. duties and taxes (exclusive VAT), expenses like transportation, transits loss, insurance, packing articles (PP bags etc.) and packing charges etc. to deliver the goods on F.O.R. basis at various destinations of Confed in the State of Haryana as may be prescribed by PEC. PEC also issue sale tender from 1647 tonne of Malawi tur and 16.40 tonne of tur of Arusha. Tamil Nadu Civil Supplies Corporation floated and opened the pulses purchase tender, lowest bids are as follows: Type of Pulses Qty (in tonne) Bid Open Till Lowest Bids Delivery Period Green gram whole Within 30 godown working days from the 500 6-Jan-14 (moong) receipt of confirmation order Chana (Whole) 500 6-Jan-14 Within 30 godown working days Tur dal (Fatka) 10000 3-Jan-14 Rs.6140 per quintal for 5,000 tonne Within 30 godown working days Urid dal (whole- 14000 3-Jan-14 Rs.5390 per quintal Within 45 godown working days Husked)-FAQ Canadian Yellow Lentil 17000 3-Jan-14 Rs.4614 per quintal Within 40 godown working days (whole -Husked) Tamil Nadu Civil Supplies Corporation opened the purchase tender of 14000 MT of split black mapte (urad dal FAQ variety) in December with lowest bid of Rs.5559 per quintal. Earlier, tender was opened on November 20,2013 with lowest bid of Rs.5478 per quintal.

Weekly Port Updates Pulses Weekly Report December 31, 2013 At Mumbai port, 20 containers of Burma tur, 178 containers of Mozambique tur,10 containers of Tanzania tur,14 containers of Malavi tur, 7 containers of Kenya tur,5 containers of Mozambique tur dal,106 containers of Burma urad, 3 containers of Kenya moong, 30 containers of Mozambique moong, 105 containers of Australia Chana, 169 containers of Canada masoor, 75 containers of Canada green pea, 4 containers of Canada yellow pea and 34 containers of USA green pea have arrived on 2-3rd December, 2013. At Mumbai port, 102 containers of Tanzania tur, 13 container of Uzbekistan moong,1 container of Russian chana, 73 container of Russian kabuli chana and 22 containers of moong have arrived on December 4, 2013. At Mumbai port, 142 containers of Tanzania tur, 10 container of Burmese tur,41 containers of Burmese urad,13 container of Australia chana, 20 container of Canadian masoor, 22 containers of Canada green pea and 25 containers of USA green peas have arrived on December 6, 2013. On 9th December, 95 containers of Burma tur,39 containers of Burma urad, 40 containers of Australian chana, 25 containers of Canada masoor,20 containers of Ausralia masoor,2 containers of Argentina moong dal,7 containers of kenya moong,5 containers of Canada green pea,3 containers of Canada green pea,5 containers of yellow pea arrived at JNPT port. AT JNPT port,5 containers of Tanzania tur,5 containers of Burma tur,3 containers of Burma urad,103 containers of Australia chana, 2 containers of USA chana, 10 containers of Australia masoor,4 containers of Australia moong and 7 containers of Canada green pea arrived on December 12,2013. At JNPT port, 40 containers of Tanzania tur, 68 containers of Canada masoor, 10 containers of Uzbekistan moong,31 containers of Canada green pea and 3 containers of USA green pea arrived on December 13,2013. Vessel named M.V. LO Shen containing 24000 tonne of Australian chana is likely to aived on December 16,2013. Vessel named M.V. CAPTAIN HARRY containing 44,922.992 tonne of Canada Yellow Pea and 10,000 tonne of Canada Lentil is likely to arrived on December 16,2013. At JNPT port, 68 containers of Burma urad, 50 containers of Tanzania tur,10 containers of Burma tur,2 containers of Kenya tur,15 containers of Mozambique tur, 2 containers of Malawi tur, 8 containers of tur dal,60 containers of Australia Chana, 10 containers of Australia masoor, 83 containers of Canada masoor, 1 containers of USA yellow pea, 12 containers of Canada green pea, 2 containers of USA green pea arrived on December 16, 2013. At JNPT port, 54 containers of Tanzania tur,8 containers of Kenya tur,1 containers of Mozambique tur,21 container of Uzbekistan moong arrived on December 17, 2013. At JNPT port 80 containers of Kenya Kabuli Chana (chickpea), 21 containers of Canadian Masoor (lentils), 9 containers of Canadian Peas, 60 containers of Tanzania Tur (Pigeon Peas), 10 containers of Burmese Urad (Black Matpe) has arrived as on 20 December, 2013 and 30 containers of Australian Chana (chickpeas), 5 containers of Australian and 44 containers of American Masoor (lentils), 3 containers of American Peas, 226 containers of Tanzania Tur (Pigeon Peas), 25 containers Burmese of Urad (Black Matpe) has arrived as on 19 December 2013. Vessel name M.V. Elar containing 20,900 tonne of Australian chana is likely to arrive on December 20,2013.

Pulses Weekly Report December 31, 2013 At JNPT port, 2 containers of tur, 1 containers of tur dal, 40 containers of Burma urad, 40 containers of Canadian masoor, 5 containers of Australian chana, 1 containers of Mozambique moong, 33 containers of green pea and 9 containers of USA green pea has arrived as on 23 December, 2013 At JNPT port, 20containers of Burma urad, 8 containers of USA green peas, 10 containers of Australian chana, 90 containers of Mozambique tur has arrived as on 24 December, 2013. At JNPT port, 81 containers of Mozambique tur,178 containers of Tanzania tur, 1 containers of Malawi tur, 5 containers of Australia masoor, 12 containers of USA masoor, 5 containers of Argentina moong,15 containers of USA green pea and 17 containers of Canada green pea arrived on December 30, 2013. At JNPT, 2 containers of tur dal,30 containers of Burma tur,21 containers of Burma urad,18 containers of Aaustralia masoor,41 containers of Canada masoor,2 containers of masoor dal,76 containers of Australia chana,61 containers of Russia chana,2 containers of Argentina moong,12 containers ofmoong and 2 containers of Madagascar moong arrived on January 2,2013. At Chennai port, 262 containers of urad, 3 containers of green moong and 37 containers of tur have arrived from November 29 to December 3, 2013. At Chennai port, 46 containers of Burma urad and 5 containers of tur arrived on December 16,2013. At Chennai port, 15 containers of Burma urad and 3 container of tur arrived during December 17-18,2013. At Chennai port, 55 containers of Burma urad arrived on December 19,2013. At Chennai port, 117 containers of Burma urad, 19 containers of tur and 6 containers of moong arrived on December 20,2013. At Chennai port, 488 containers of Burma Urad, 73 containers of tur whole,48 containers of green pea,13 containers of yellow pea,41 containers of masoor,5 containers of moong arrived during December 23-28,2013. At Chennai, 291 containers of Burma urad, 19 containers of tur whole,11 containers of yellow pea,28 containers of masoor,11 containers of moong arrived during the week (Dec.30-Jan.4,2013).

Pulses Weekly Report December 31, 2013 Indian pulses Production, Demand and Import (in Million Tonne) by MOA:- Year Production Imports Demand 2009-10 14.66 3.51 18.29 2010-11 18.24 2.7 19.08 2011-12 17.09 3.36 19.91 2012-13 18.45 3.84 20.9 2013-14 19 1.42 (upto Sept 13) 21.77

Pulses Weekly Report December 31, 2013 Indian Pulses Production Snapshot MOA revealed that the country s pulses production in 2013-14 is targeted to be 19.00 million tonne according to 1 st advance estimates. India needs to import as its required pulses domestic production is insufficient to meet the rising demand. The country s import bill on pulses stood at $1.83 billion in 2011-12. Kharif Pulses (in million tonne -MT) 2011-12 2012-13 2013-14 Targets Govt. 1 st Adv. Est. (Total) Tur 2.65 3.07 3.2 3.04 Urad 1.28 1.45 1.26 1.33 Moong 1.29 1.2 1.07 0.9 Total Kharif Pulses 6.06 5.91 7 6.01 2012-13 2013-14 Rabi Pulses (in million tonne -MT) 2009-10 2010-11 2011-12 4 th Adv. estimates Target Gram 7.48 8.22 7.7 8.88 8.66 Urad 0.42 0.36 0.53 0.46 0.57 Moong 0.25 0.27 0.4 0.43 0.26 Other Rabi Pulses 2.29 2.27 2.4 2.77 2.51 Total Pulses 10.46 11.12 11.03 12.54 12

Pulses Weekly Report December 31, 2013

Chickpeas (Chana) Pulses Market Recap: Chana prices noticed mostly weak tone during the month on adequate stocks in the ready market. Current Scenario: Chana Prices in benchmark markets Chana Variety and Respective market Nov-13 Dec-13 Absolute Change Australian Chana at Mumbai 3193 2995-198 Gauran Chana at Latur 2856 2618-238 Chana Mixed Chana at Latur 2903 2703-200 Annagiri Chana at Latur 3431 3167-264 G-12 Chana at Latur 2978 3047 69 Gauran Chana at Jalna 2804 2556-248 Pila Chana at Jalna 2922 2661-261 Mixed chana Chana at Akola 2852 2663-189 Chapa Chana at Akola 2910 2713-197 Annagiri Chana at Akola 2960 2760-200 Desi Chana at Amaravati 2900 2457-443 Desi Chana at Jalgaon 2919 2618-301 Madhya Pradesh Chana at Delhi 3106 2961-145 Desi Chana at Jaipur 3026 2896-130 Desi Chana at Bikaner 3015 2884-131 Kantewala Chana at Indore 3030 2876-154 Kabuli 4446 Mill quality Chana at Indore 4504 4059-445 Kabuli 5860 Export quality Chana at Indore 5166 4973-193 Desi Chana at Pipariya 2820 2641-179 Desi Chana at Ashok Nagar 2842 2687-155 Desi Chana at Kanpur 2941 2839-102 Annagiri Chana at Gulbarga 3157 2925-232 Desi Chana at Vijayawada 3360 3026-334 Reason Chana remain weak due to Comfortable stock Continuous arrivals Good new season sowing progress Favorable weather Viable imports Some market witnessed buying at lower levels Seed demand also support the prices.

Market participants revealed that -- At Dabra (M.P.), chana sowing is in line with last year progress. At Gotegaon(M.P.), chana and masoor sown area is likely to fell by 30% from last year. Farmers are shifting towards wheat and other competitive crops. Desi Chana at Delhi market noticed weak tone in the spot market amid lower demand in the local pulses market. Good rainfall coupled with favorable weather during the month of October has brightened the prospects of chana sowing during the Rabi season. Good rabi chana sowing in major growing area restrict the prices. Australian chana noticed weak tone, taking cue from domestic market. Following chart depicts the average price in key cash markets:-

Decline of Rs.250-250 per quintal on an average is noticed in chana dal prices at almost all key markets. Following chart depicts the average dal price in key cash markets:- During December month decline in arrivals reported in major mandis. Following chart depicts the monthly arrivals in key cash markets:-

Seasonality Index Chana is likely to notice weak tone in the near term. Following charts represent the seasonality index for kantewala chana of Madhya Pradesh at Delhi spot market:-

Imports are currently unviable and importers are getting disparity of Rs.1500-200 per tonne. Following chart illustrates further:

Lower quantity of imported chana arrived at Indian ports. Following graph shows month wise chana import by India:- Field Crop Status: State Region Status Need based plant protection measures are being undertaken in standing crop. early or timely sown chana in rainfed region is at pod to grain formation stage Vidarbha Maharashtra late sown irrigated chana is through vegetative phase. Moderate intensity of pod borer is reported. Madhya spraying of insecticide in Chana for controlling insect pests and diseases are in progress. Uttar Pradesh Western sowing and weeding in Chana. Chana are in vegetative stage. Bihar Chana is in initial vegetative stage. Gujarat hoeing and weeding in Chana. Chana is in branching stage. Andhra Pradesh Chana is at sowing to seedling stage. spodoptera in chana is reported. Karnataka North Agricultural operations like plant protection are reported.

Tamil Nadu Jharkhand Chhattisgarh Odisha Chana is at pod formation and filling stage. Moderate intensity of pod borer in Chana. pulses are in vegetative to reproductive stage. Low intensity of leaf eating caterpillars in pulses. late sown chana crop are at vegetative stage. Chana is in flowering stage. need based plant protection in chana crop. pulses are at vegetative to pre flowering stage.

Market Outlook: Prices are likely to notice weak to flat tone in the near term.

Technical Analysis (Spot Market Monthly Chart) Chana M.P. Origin (at Delhi) Outlook - We expect prices to notice sideways movement in the coming days. Candlestick chart denotes range-bound movement in the market. Prices are facing resistance at 3200 levels. Downward movement of RSI in neutral region denotes weak tone in prices. Expected price band for chana is 2900-3200 levels in the coming week. Strategy: Sell Trade Recommendations: Sell around 3200 with targets of 3000 and 2900 keeping stop loss of 3300. Support & Resistance S2 S1 PCP R1 R2 2700 2800 2975 3500 3700

Chana Technical Analysis (NCDEX Futures Monthly Chart) NCCHA (Chana) January Contract Outlook - We expect prices to notice range -bound tone in the coming days. Candlestick chart denotes volatile movement in the market. Momentum indicator MACD is flat in positive territory supporting sideways movement. Prices are facing stiff resistance from 9 days and 18 days EMA. Strategy: Sell Trade Recommendations: Sell near 3200 with targets of 3000 and 2900 keeping stop loss of 3300. Support & Resistance S2 S1 PCP R1 R2 2800 2900 3081 3300 3500

Peas (Matar) Market Recap: Weak tone noticed in pea prices during the month. Current Market Dynamics & Outlook: Pea Prices in benchmark markets Pea Variety and Respective market Nov-13 Dec-13 Absolute Change Reason Yellow peas (Canadian) at Mumbai 2653 2709 56 Expected new crop arrivals in coming months. Yellow peas (American) at Mumbai 2712 Inline sowing progress Continuous imports Green Peas (Canadian) at Mumbai 3956 Green Peas (American) at Mumbai 5144 Desi peas at Kanpur 3102 3091-11 Yellow Peas (Canadian) at Kolkata 2863 2825-38 Green Peas (Canadian) at Kolkata 4613 4022-591 Following chart shows the average price of peas in key cash markets:-

Moreover, pea dal prices noticed firm tone. Following are the pea dal prices at Kanpur cash markets:- The spread between Chana and Peas at Kanpur reached to - Rs.260 per quintal amid weak tone in chana prices. Meanwhile, spread is expected to sideways in the coming days.

Seasonality Index: Desi pea prices are likely to notice steady tone in the coming days. Following chart shows desi peas seasonality index at Kanpur market and Canadian yellow peas in Mumbai:-

Higher quantity of imported pea arrived at Indian ports. Following graph shows month wise pea import by India:- Imports are currently viable and importers are getting parity of Rs.800-1500 per tonne. Following chart illustrates further:

Field Crop Status State Region Status Uttar Pradesh Bihar Jharkhand Western sowing and weeding in pea pea are in vegetative stage Pea is in initial vegetative stage pea is at vegetative to flowering to pod formation late sown pea are at vegetative stage Market Outlook: We expect prices to witness steady tone in the near term.

Technical Analysis (Spot Market Monthly Chart) Yellow Peas -Canadian Origin (at Mumbai) Outlook - We expect prices to notice range bound tone in the coming days. Candlestick chart denotes fresh buying interest in the market. Downward movement of RSI in neutral region hints for firm tone in price. Expected price band for pea is 2600-2725 levels in this week. Strategy: Buy Trade Recommendations: Buy around 2650 with the first target of 2700 and second target 2800 with stop loss at 2625 level. Support & Resistance S2 S1 PCP R1 R2 2550 2600 2651 2800 2850

Black Matpe (Urad) Market Recap: During the period, urad prices noticed weak tone. Current Market Dynamics & Outlook: Market participants revealed that -- Chennai (T.N.) local market noticed flat tone in urad (faq and sq) amid lack of fresh buying inquiry in the market. Arrival of new kharif crop is lower in various mandis amid expected lower crop output in the current kharif season. Vijayawada (A.P.), local market noticed sluggish demand in the market. Urad Prices in benchmark markets Urad Variety and Respective Novmarket 13 Dec- 13 Burmese FAQ Urad at Mumbai 4140 4087-53 Desi Urad at Jalna 4404 4400-4 Desi Urad at Latur 4975 5035 60 Desi Urad at Akola 4616 4570-46 Desi Urad at Jalgaon 4447 4345-102 Urad SQ at Delhi 4643 4565-78 Burmese FAQ at Chennai 4146 4239 93 Burmese SQ at Chennai 4467 4365-102 local Urad at Indore 3990 3829-161 Maharashtra origin Urad at Indore 4480 4329-151 Polished Urad at Vijayawada 4715 4536-179 Sada (Bada) Urad at Vijayawada 4518 4358-160 Urad (FAQ) at Kolkata 4432 4469 37 Desi Urad at Jaipur 4262 4092-170 Absolute Change Reason Fresh crop arrivals weigh on the prices. Sluggish demand Quality concern Corrections in prices noticed, earlier price rise on standing kharif crop damage

Following chart depicts the average price in key cash markets:- Good demand resulted bullish tone in Indore, while other markets witnessed weak tone The following chart depicts the average price of urad dal in key cash markets:-

During month, higher arrivals are reported in Jaipur and lower arrivals reported in other key markets. Following chart depicts the total arrivals in key cash markets:-

Seasonality Index:- Prices may notice sideways to weak tone in the near term.

Lower quantity of imported urad and moong arrived at Indian ports. Following graphs shows month wise urad and moong import by India:- Urad FAQ imports are currently viable and importers are getting parity of Rs.200-500 per tonne. Following chart illustrates further:

Urad SQ imports are currently unviable and importers are getting disparity of Rs.500-800 per tonne. Following chart illustrates further:

Yield Expectation 2013-14 Harvesting of the kharif urad crop is almost 60% over in the major growing regions. Yields are likely to decline amid rainfall in the growing states of Andhra Pradesh, Uttar Pradesh, Madhya Pradesh and Karnataka during the month of October. According to first advance estimates released by the government, urad production is estimated at 1.33 million metric tonnes in 2013-14 compared to 1.45 million metric tonnes during the previous season. Taking into account government acreage and production estimates, yield is likely to be 576 kg/ha in 2013-14 compared to 580 kg/ha during the previous year. According to trade estimates, the crop is likely to be 37% damaged and production will be around 0.91 million metric tonnes in the current season. Market Outlook: Range -bound tone is likely to be noticed in the near -term.

Technical Analysis (Spot Market Monthly Chart) Urad FAQ- Burma Origin (at Mumbai) Outlook - We expect range bound to firm tone in the near term. Candlestick chart hints buying interest in the market. Downward movement of RSI hints towards weak tone in prices. Expected price range is 3900-4250. Strategy: Buy. Trade Recommendations: Buy around 4080 with a target of 4200 and 4300 keeping stop-loss at 4000. Supports & Resistances S2 S1 PCP R1 R2 3900 4000 4080 4350 4500

Pigeon pea (Tur) Market Recap: During this period, both imported and desi tur noticed mostly weak tone. Current Market Dynamics & Outlook: Tur farmers in Karnataka demanded a rise in minimum support price (MSP) for the year 2013-14 due to steep rise in the cost of cultivation along with crop damage caused by Helen cyclone. Karnataka Pradesh Redgram Growers' Association requested the Central government through a memorandum to Union Railway minister Mallikarjun Kharge, who is elected from the Tur growing region of Gulbarga, to enhance the MSP to Rs 6,450 per quintal based on the recommendations of M S Swaminathan in his report of Second Indian Farmers' Commission. Gulbarga district in northern Karnataka contributes 15% of national Tur output. According to the association, the cost of cultivation per quintal of tur has reached to Rs.4500 per quintal as against the MSP of Rs.4300 per quintal. Meanwhile, the prices are currently crashed to Rs.3600-3700 per quintal. This year the prices of DAP fertilizer surged to Rs.1350 per bag as compared from Rs.530 per bag in last year. The dull trend continued in tur on slack buying and scattered arrivals of the new crop in some parts of the country in past week. The commencement of new crop reported in Maharashtra, Karnataka and Jhabua-Dahod line of Madhya Pradesh. At Akola, commencement of tur fresh crop reported on December 27 and new crop trade high at Rs.4450 per quintal. The tur prices are likely to drop further once market witnessed full pace arrivals. The better crop prospects and arrivals of cheaper imports also weigh on the prices. Tur Prices in benchmark markets Tur Variety and Respective market Nov-13 Dec-13 Absolute Change Reason Burmese Lemon Tur at Mumbai 4294 4018-276 Arusha Tur at Mumbai 3866 3611-255 Mozambique Tur at Mumbai 3970 3510-460 Malawi Tur at Mumbai 3950 3466-484 Red Tur at Latur 4606 4594-12 Red Tur at Jalna 4140 3673-467 White Tur at Jalna 4523 4660 137 BDM Tur at Jalna 4438 3950-488 Red Tur at Akola 4403 4242-161 Tur at Jalgaon 4466 4441-25 Desi Tur at Amravati 4600 4235-365 Burmese Lemon Tur at Delhi 4341 4116-225 U.P origin Tur at Kanpur 4422 4435 13 Fresh crop arrivals

M.P origin Tur at Kanpur 4523 4352-171 Burmese Lemon Tur at Kolkata 4468 4178-290 Burmese Lemon Tur at Chennai 4265 4056-209 Red Tur at Gulbarga 4521 4305-216 Red Tur at Vijayawada 4260 4043-217 Mah. Origin Tur at Indore 4523 4166-357 Desi Tur at Pipariya 4373 4051-322.Following chart depicts the average price in key cash markets:-

Moreover, decline of around Rs.100-200 per quintal witnessed in tur dal prices at almost all key markets. Following chart depicts the average dal price in key cash markets:- Commencement of new crop arrivas reported in various domestic markets. Arrivals of tur increased in most key. Following chart depicts the total arrivals in key cash markets:-

Lower quantity of imported tur arrived at Indian ports. Following graph shows month wise tur import by India:-

Seasonality Index:- Tur prices are likely to notice sideways to weak tone in the near term.

Field Crop Status State Region Status Maharashtra Uttar Pradesh Andhra Pradesh Karnataka Jharkhand Chhattisgarh Odisha Vidarbha Madhya Western South North Mid-late tur is at physiological maturity stage. Late tur at pod formation to grain development stage. Mild intensity of pod borer in tur is noticed. Tur is in poding stage. Spraying of insecticide in tur crop field for controlling insect pests and diseases are in progress. Low intensity of pod borer in tur is reported. Low intensity of pod borer in tur is noticed. Tur is at pod filling stage. Moderate intensity of pod borer in tur is noticed. Tur is at physiological maturity to harvesting stage. Timely sown tur is at flowering to pod formation stage. Late sown tur crop is at pre flowering to flowering stage. Tur is in pod formation to physiological maturity stage. Early sown tur is at maturity to harvesting stage. Tur crop is likely to be harvested in December and January and early yield estimates will be available by December. According to first advance estimates released by the government, tur production is estimated at 3.04 million metric tonnes compared to 3.07 million metric tonnes.

Market Outlook: Tur prices are likely to notice sideways to weak tone in the near term. Technical Analysis (Spot Market Monthly Chart) Red Tur (at Gulbarga) Outlook - We expect prices to notice sideways to weak tone in the near term. Candlestick chart denotes selling interest in the market. RSI hints towards sideways movement in prices. We expect tur prices to notice weak tone in the coming days. Strategy: Sell Trade Recommendations: Sell around 4500 with the first target of 4000 and second target 3800 with stop loss at 4750 level. Support & Resistance S2 S1 PCP R1 R2 3500 3800 4200 4850 4900

Lentils (Masoor) Market Recap: Desi and imported masoor mostly noticed flat to weak tone during the month. Current Scenario: Market participants revealed that -- In Indore(M.P.), lower sown area expected. Meanwhile, higher sown area is recorded at Ganjbasoda (M.P.). Kanpur (U.P.) local market, noticed weak tone in masoor on slow demand around current levels. Imported red lentils in Mumbai market noticed steady tone amid lack of fresh buying inquiry in the market. Masoor Prices in benchmark markets Masoor Variety and Respective market Nov-13 Dec-13 Absolute Change Reason Canadian red Masoor at Mumbai 4068 4085 17 Prices get support due to aggressive Chanti Export quality Masoor at Delhi 6897 7020 123 buying for last year crop. MP or Kota origin Masoor at Delhi 4558 4539-19 Buying demand for upcoming new crop. UP or Sikri origin Masoor at Delhi 5635 5739 104 Local Masoor at Kanpur 4455 4401-54 Bareilly origin Masoor at Kanpur 4668 4592-76 Canadian origin Masoor at Kolkata 4296 4240-56 Masoor (Mota Masra) at Indore 4251 4276 25 Chota Masoor at Indore 4226 4251 25 Desi Masoor at Pipariya 4048 3929-119 Desi Masoor at Ashok Nagar 4100

Following chart depicts the average price in key cash markets:- Prices of masoor dal surged by Rs.50-150/Qtl on an average in most of the key trading centers. Following chart depicts the average dal price in key cash markets:-

Lower arrivals are reported mostly at key trading centers. Following chart depicts the total arrivals in key cash markets:- Lower quantity of imported masoor arrived at Indian ports. Following graph shows month wise masoor import by India:-

Seasonality Index:- Prices are likely to notice steady tone in the coming weeks.

Field Crop Status State Region Status Uttar Pradesh Western sowing and weeding in lentil lentil are in vegetative stage Bihar lentil is in initial vegetative stage Market Outlook: Prices are likely to notice sideways to weak tone in the near term.

Technical Analysis (Spot Market Monthly Chart) Desi Masoor (at Kanpur) Outlook Sideways movement in prices is likely to be noticed in coming week. Chart depicts selling interest in the market. RSI is increasing in the neutral region supporting firm tone in the near term. Expected price band 4000-4500. Strategy: Sell Trade Recommendations: Sell around 4500 with the first target of 4300 and second target 4200 with stop loss at 4650 level. Support & Resistance S2 S1 PCP R1 R2 4000 4100 4400 4700 4800

Green Gram (Moong) Market Recap: Desi and imported moong prices noticed firm tone during the month. Current Market Dynamics & Outlook: Market participants revealed that -- Indore (M.P.) cash market, noticed firm tone amid good demand in the market. Arrival of good quality moong is surge in various mandis. Jaipur (Raj.), market noticed weak tone amid lack of demand from millers and traders in the market. Moong Prices in benchmark markets Moong Variety and Respective market Nov-13 Dec-13 Absolute Change Reason Tanzania Moong at Mumbai 5677 5829 152 Desi Moong at Jalna 5857 5857 Chamki Moong at Jalna 6223 6566 343 Desi Moong at Latur 6350 6406 56 Desi Moong at Akola 5980 6268 288 Chamki Moong at Jalgaon 6133 6545 412 Desi Moong at Amravati 5733 6000 267 Merta city origin Moong Mogar at Delhi 5991 6148 157 Merta city origin Moong Polished at Delhi 6230 6552 322 Lack of good quality crop Chamki Moong at Indore 6128 6345 217 Lower arrivals Desi Moong at Ludhiana 5400 5588 188 High demand Desi Moong at Jaipur 5762 6038 276 Desi Moong at Merta City 5940 6205 265

Following chart depicts the average price in key cash markets:- Lower crop arrivals reported in Jalgaon, Indore. Following chart depicts the total arrivals in key cash markets:-

Demand for dal increased in key domestic markets during the month. Following chart depicts the average dal price in key cash markets:-

Seasonality Index:- Prices are likely to notice range-bound to weak tone. Yield Expectation 2013-14 India moong yield is projected at 404 kg/ha in the current season as per government estimates compared to 494 kg/ha during the previous year. Yield of the crop is likely to be affected slightly amid lack of favourable weather during harvesting season in the growing regions. According to first advance estimates released by the government, moong production is estimated at 0.90 million metric tonnes in 2013-14 compared to 0.76 million metric tonnes during the previous season. Arrivals are lower in various mandis amid rainfall in the growing regions. According to trade estimates, the crop is likely to be 5% damaged and production will be around 0.72 million metric tonnes in the current season.

Market Outlook: Prices are likely to notice sideways to weak tone in the coming days.

Technical Analysis (Spot Market Monthly Chart) Desi Moong (at Jaipur) Outlook - We expect prices to notice sideways tone in the coming days. Candlestick chart depicts steady tone in the market. Positioning of oscillator RSI hints towards sideways movement in prices. Expected price band is 5700-6850 levels. Strategy: Buy Trade Recommendations: Buy near 6000 with target of 6500 and 6600 keeping stop loss of 5700 levels. Support & Resistance S2 S1 PCP R1 R2 5300 5500 6300 6600 6800

Commodity-wise Prices and Arrivals at Different Centers Chana State Centre Origin/Variety/Grade Prices (Rs/Qtl) Arrivals (in bags of 1 Qtl) Maharashtra Delhi Madhya Pradesh 30-Dec-13 30-Nov-13 31-Dec-12 30-Dec-13 30-Nov-13 31-Dec-12 Mumbai Australian 2850 3150 3650 NA NA NA Jalna Gauran 2550 2650 4300 100 125 10 Pila 2650 2750 4400 50 125 NA Mixed chana 2600 2750 3700 600 700 NA Akola Chapa 2650 2800 3750 NA NA NA Annagiri 2700 2850 3800 NA NA NA Jalgaon Desi 2600 2800 4000 NA NA NA Gauran 2500 NA NA 2000 NA NA Latur Chana Mixed 2600 NA NA NA NA NA Annagiri 3000 NA NA NA NA NA G-12 2700 NA NA NA NA NA Amaravati Desi 2450 NA 3700 300 NA 200 Delhi* Rajasthan 2950 3100 3875 40 30 20 Madhya pradesh 2950 3100 3900 40 30 20 Kantewala 2900 2950 3900 1500 3000 800 Indore Kabuli 4446 Mill quality 4000 4500 4800 NA NA NA Kabuli 5860 Export quality 4800 5200 5800 NA NA NA Pipariya 2650 2750 3600 3000 3000 300 Ashok Nagar Desi 2600 2800 3650 1000 1500 500 Uttar Pradesh Kanpur 2825 2880 4100 NA NA NA Karnataka Gulbarga Annagiri 2930 3000 3800 500 500 900 Andhra Pradesh Vijayawada 3100 3450 4000 NA NA 1200 Rajasthan Bikaner Desi 2900 3050 3750 NA NA NA Jaipur 2925 3000 3950 NA NA NA

Arrivals at Delhi markets are in Motors, 1 motor = 9 or 15 Metric Tones International Prices Centre Origin/Variety/Grade Prices (in USD $/MT) 30-Dec-13 30-Nov-13 31-Dec-12 Mumbai Australian Chickpea 475 490 650 Processed Chana Dal State Centre Origin/Variety/Grade Prices (in Rs./Qtl.) 30-Dec-13 30-Nov-13 31-Dec-12 Jalgaon 3400 3600 5100 Maharashtra Latur 3500 3700 5200 Akola 3100 3230 4600 Uttar Pradesh Kanpur 3250 3500 4500 Rajasthan Bikaner Desi 3600 3750 4850 Madhya Pradesh Indore 3350 3625 4850 Katni 3325 3550 4550 Delhi Delhi NA 3800 NA Karnataka Gulbarga 3400 3600 5100 Gram Dal Retail Prices (in Rs/Kg.) Centre 30-Dec-13 30-Nov-13 31-Dec-12 % Change w.r.t previous year NORTH ZONE CHANDIGARH 51 51 49 4 DELHI 51 52 74-31 HISAR 61 61 61 Unch KARNAL 42 43 56-25 SHIMLA NR 48 63 - MANDI 45 45 63-29 SRINAGAR 70 70 60 17 JAMMU NR 46 60 - AMRITSAR 45 44 52-13

LUDHIANA 74 70 NR - BATHINDA 44 52 NR - LUCKNOW 58 58 70-17 KANPUR 45 45 65-31 VARANASI 45 45 60-25 AGRA 43 44 65-34 DEHRADUN 50 50 60-17 WEST ZONE RAIPUR 50 50 70-29 PANAJI 58 59 NR - AHMEDABAD 46 46 55-16 RAJKOT 40 45 60-33 BHOPAL 63 63 63 Unch INDORE 45 50 60-25 GWALIOR 57 57 60-5 JABALPUR 39 38 56-30 MUMBAI 66 56 85-22 NAGPUR 47 47 63-25 JAIPUR 36 39 55-35 JODHPUR 36 35 NR - KOTA NR 48 60 - EAST ZONE PATNA NR 41 57 - BHAGALPUR NR 45 NR - RANCHI 52 50 NR - BHUBANESHWAR 43 45 59-27 CUTTACK 46 48 54-15 SAMBALPUR 40 43 55-27 ROURKELA 45 45 NR - KOLKATA 50 56 68-26

SILIGURI 43 43 60-28 NORTH-EAST ZONE ITANAGAR NR NR NR - GUWAHATI 41 43 62-34 SHILLONG NR 50 NR - AIZWAL NR NR NR - DIMAPUR NR 55 NR - AGARTALA 49 49 64-23 SOUTH ZONE PORT BLAIR NR 55 76 - HYDERABAD 69 69 73-5 VIJAYWADA 47 48 63-25 VISAKHAPATNAM 52 52 NR - BENGALURU 49 49 61-20 DHARWAD 52 52 73-29 T.PURAM 66 60 NR - ERNAKULAM 77 83 73 5 KOZHIKODE 64 64 66-3 PUDUCHERRY 50 55 72-31 CHENNAI 52 NR 66-21 DINDIGUL 50 50 68-26 THIRUCHIRAPALLI 48 49 66-27 Maximum Price 77 83 85-9 Minimum Price 36 35 49-27 Modal Price 45 45 60-25 Gram Dal Wholesale Prices (In Rs./Qtl) Centre 30-Dec-13 30-Nov-13 31-Dec-12 % Change w.r.t previous year NORTH ZONE

CHANDIGARH 4900 4900 4600 7 DELHI 4000 4100 6700-40 HISAR 5900 5900 5900 Unch KARNAL 3500 3720 5000-30 SHIMLA NR 4200 5800 - MANDI 4320 4320 5986-28 SRINAGAR NR NR NR - JAMMU NR 4000 5200 - AMRITSAR 4100 4000 4800-15 LUDHIANA 6900 6500 NR - BATHINDA 3700 4300 NR - LUCKNOW 5595 5595 6620-15 KANPUR 3550 3700 5300-33 VARANASI 4300 4300 5800-26 AGRA 4000 4200 6300-37 DEHRADUN 4600 4600 5600-18 WEST ZONE RAIPUR 4500 4500 6600-32 PANAJI 4400 4600 NR - AHMEDABAD 4400 4400 5400-19 RAJKOT 3800 3800 5300-28 BHOPAL 5800 5800 5800 Unch INDORE 3400 3950 5300-36 GWALIOR 5600 5500 5400 4 JABALPUR 3700 3600 5400-31 MUMBAI 5000 4050 7000-29 NAGPUR 4273 4300 5942-28 JAIPUR 3300 3600 5400-39 JODHPUR 3500 NR NR - KOTA NR 4200 5500 -

EAST ZONE PATNA NR 3800 5300 - BHAGALPUR NR 4300 NR - RANCHI NR NR NR - BHUBANESHWAR 4000 4200 5600-29 CUTTACK 4300 4500 5100-16 SAMBALPUR 3850 4000 5200-26 ROURKELA 4200 4100 NR - KOLKATA 3800 4200 5400-30 SILIGURI 4100 4100 5500-25 NORTH-EAST ZONE ITANAGAR NR NR NR - GUWAHATI 3700 3900 5600-34 SHILLONG NR 4500 NR - AIZWAL NR NR NR - DIMAPUR NR 5000 NR - AGARTALA 4500 4500 6250-28 SOUTH ZONE PORT BLAIR NR 5000 7000 - HYDERABAD 6700 6700 7100-6 VIJAYWADA 4400 4500 6100-28 VISAKHAPATNAM 4500 4500 NR - BENGALURU 4700 4700 5900-20 DHARWAD 5100 5100 7100-28 T.PURAM 6200 5700 NR - ERNAKULAM 7400 8100 6600 12 KOZHIKODE 6000 6000 6200-3 PUDUCHERRY 4200 4600 6800-38 CHENNAI 4000 NR 5900-32 DINDIGUL 4000 4100 6600-39

THIRUCHIRAPALLI 4000 4100 6400-38 Maximum Price 7400 8100 7100 4 Minimum Price 3300 3600 4600-28 Modal Price 4000 4500 5400-26 Peas State Centre Origin/Variety/Grade Prices (Rs/Qtl) Maharashtra Uttar Pradesh Mumbai Kanpur 30-Dec-13 30-Nov-13 31-Dec-12 White Canadian 2631 2711 2480 White American 2631 NA 2600 Green Canadian NA NA 3475 Green American NA NA 3550 Desi 3060 3125 2850 White Canadian 2871 NA NA Tamilnadu Chennai Canada White Peas 2750 NA NA International Peas Prices Centre Origin/Variety/Grade Prices (in USD $/MT) 30-Dec-13 30-Nov-13 31-Dec-12 Mumbai Yellow Peas- CANADA Break-Bulk 387 355 450 Canadian Green Peas 620 650 680

Processed Peas Dal State Centre Origin/Variety/Grade Prices (in Rs./Qtl.) 30-Dec-13 30-Nov-13 31-Dec-12 Uttar Pradesh Kanpur Desi 3170 3240 2940 Tur State Centre Origin/Variety/Grade Prices (Rs/Qtl) Arrivals (in bags of 1 Qtl) 30-Dec-13 30-Nov-13 31-Dec-12 30-Dec-13 30-Nov-13 31-Dec-12 Burmese Lemon 3950 4225 3575 NA NA NA Mumbai Arusha 3550 3700 3100 NA NA NA Mozambique 3425 3650 2975 NA NA NA Malawi NA NA 2850 NA NA NA Red 3900 3900 3300 NA 15 50 Maharashtra Jalna White 4700 4100 4100 2000 15 2000 BDM 3700 4200 4250 NA 20 NA Akola 4450 4300 3750 300 300 NA Jalgaon Red 4800 4400 4200 800 NA NA Latur 4600 NA NA 4000 NA NA Amravati Desi 4150 NA 3700 300 NA 400 Delhi Delhi Burmese Lemon 4050 4225 3850 NA NA NA Uttar Pradesh Kanpur U.P line 4450 4550 3925 NA NA NA M.P.line 4325 4425 3850 NA NA NA Tamilnadu Chennai Burmese Lemon 3950 4201 3625 NA NA NA Karnataka Gulbarga 4300 4400 4000 17000 800 7000 MH Indore 4100 4250 3900 700 500 800 Madhya Pradesh Pipariya Desi 4000 4400 3500 200 1000 500

International Tur Prices Centre Origin/Variety/Grade Prices (in USD $/MT) 30-Dec-13 30-Nov-13 31-Dec-12 Mumbai Burmese Tur Lemon 600 620 650 Chennai Burmese Tur Lemon NA NA 645 Processed Tur Dal State Centre Origin/Variety/Grade Prices (in Rs./Qtl.) Maharashtra Karnataka Madhyapradesh 30-Dec-13 30-Nov-13 31-Dec-12 Jalgaon Desi 6600 6800 6400 Latur 6500 NA NA Phatka 6350 6400 6200 Akola sava no. 5700 5800 5200 Gulbarga 6300 6200 6000 Phatka 6500 6500 5800 Katni Sava 6000 6100 4900 Indore Desi 6200 6600 5800 Tur Dal Retail Prices (in Rs/Kg.) Centre 30-Dec-13 30-Nov-13 31-Dec-12 % Change w.r.t previous year NORTH ZONE CHANDIGARH 66 66 NR - DELHI 76 73 80-5 HISAR 68 68 68 Unch KARNAL 66 74 64 3 SHIMLA NR 75 72 -

MANDI 74 74 74 Unch SRINAGAR 65 72 65 Unch JAMMU NR 76 76 - AMRITSAR 69 69 69 Unch LUDHIANA 73 72 NR - BATHINDA 74 77 71 4 LUCKNOW 76 77 71 7 KANPUR 70 70 65 8 VARANASI 74 74 70 6 AGRA 70 70 70 Unch DEHRADUN 68 67 66 3 WEST ZONE RAIPUR 80 80 70 14 PANAJI 73 73 NR - AHMEDABAD 65 65 60 8 RAJKOT 70 70 66 6 BHOPAL 70 70 70 Unch INDORE 75 75 68 10 GWALIOR 62 62 58 7 JABALPUR 55 56 65-15 MUMBAI 93 86 80 16 NAGPUR 70 71 72-3 JAIPUR 67 67 NR - JODHPUR 64 64 NR - KOTA NR 70 75 - EAST ZONE PATNA NR 63 66 -- BHAGALPUR NR 54 72 - RANCHI 74 72 68 9 BHUBANESHWAR 65 66 60 8

CUTTACK 69 70 63 10 SAMBALPUR 68 68 61 11 ROURKELA 70 70 NR - KOLKATA 72 76 70 3 SILIGURI 68 68 62 10 NORTH-EAST ZONE ITANAGAR NR NR NR - GUWAHATI 62 63 58 7 SHILLONG NR 66 NR - AIZWAL NR NR NR - DIMAPUR NR 70 NR - AGARTALA 56 56 58-3 SOUTH ZONE PORT BLAIR NR 78 76 - HYDERABAD 80 76 77 4 VIJAYWADA 68 67 64 6 VISAKHAPATNAM 65 65 NR - BENGALURU 71 72 70 1 DHARWAD 72 72 80-10 T.PURAM 66 72 NR - ERNAKULAM 83 80 62 34 KOZHIKODE 78 78 73 7 PUDUCHERRY 80 80 75 7 CHENNAI 68 NR 76-11 DINDIGUL 68 70 65 5 THIRUCHIRAPALLI 68 69 69-1 Maximum Price 93 86 80 16 Minimum Price 55 54 58-5 Modal Price 68 70 70-3

Tur Dal Wholesale Prices (In Rs./Qtl) Centre 30-Dec-13 30-Nov-13 31-Dec-12 % Change w.r.t previous year NORTH ZONE CHANDIGARH 6000 6000 6700-10 DELHI 6500 6500 7200-10 HISAR 6500 6500 6500 Unch KARNAL 6200 6800 5780 7 SHIMLA NR 7000 6800 - MANDI 7050 7050 7000 1 SRINAGAR NR NR NR - JAMMU NR 6700 6600 - AMRITSAR 6500 6500 6500 Unch LUDHIANA 6800 6700 NR - BATHINDA 6600 6600 NR - LUCKNOW 7110 7280 6730 6 KANPUR 6650 6800 5725 16 VARANASI 6900 6900 6600 5 AGRA 6800 6800 6800 Unch DEHRADUN 6300 6300 6000 5 WEST ZONE RAIPUR 7000 7000 6300 11 PANAJI 6200 6200 NR - AHMEDABAD 6300 6300 5800 9 RAJKOT 6500 6500 6300 3 BHOPAL 6300 6300 6300 Unch INDORE 6250 6450 5800 8 GWALIOR 6000 6000 5600 7 JABALPUR 5300 5400 6300-16

MUMBAI 7800 7800 6500 20 NAGPUR 6615 6610 6217 6 JAIPUR 6200 6200 5900 5 JODHPUR 6300 6300 NR - KOTA NR 6800 6800 - EAST ZONE PATNA NR 6000 6200 - BHAGALPUR NR 5200 NR - RANCHI NR NR NR - BHUBANESHWAR 6300 6400 5800 9 CUTTACK 6600 6700 5800 14 SAMBALPUR 6500 6500 5900 10 ROURKELA 6600 6600 NR - KOLKATA 6000 6400 6000 Unch SILIGURI 6300 6300 5800 9 NORTH-EAST ZONE ITANAGAR NR NR NR - GUWAHATI 5750 5850 5500 5 SHILLONG NR 6000 NR - AIZWAL NR NR NR - DIMAPUR NR 6600 NR - AGARTALA 5350 5350 5350 Unch SOUTH ZONE PORT BLAIR NR 7400 7100 - HYDERABAD 7800 7400 7500 4 VIJAYWADA 6500 6400 6100 7 VISAKHAPATNAM 6400 6400 NR - BENGALURU 6900 7000 6800 1 DHARWAD 7100 7100 7800-9 T.PURAM 6400 6800 NR -

ERNAKULAM 7700 7600 5900 31 KOZHIKODE 6800 6800 6800 Unch PUDUCHERRY 7200 7200 7000 3 CHENNAI 5800 NR 7000-17 DINDIGUL 6350 6720 6200 2 THIRUCHIRAPALLI 6400 6300 6700-4 Maximum Price 7800 7800 7800 Unch Minimum Price 5300 5200 5350-1 Modal Price 6400 6550 6300 2 Masoor State Centre Origin/Variety/Grade Prices (Rs/Qtl) Arrivals (in bags of 1 Qtl) 30-Dec-13 30-Nov-13 31-Dec-12 30-Dec-13 30-Nov-13 31-Dec-12 Maharashtra Mumbai Red Lentils 4200 4100 3250 NA NA NA Delhi Uttar Pradesh Madhya Pradesh Chanti Export 7000 7100 6550 NA NA NA Delhi MP/ Kota Line 4550 4600 3700 NA NA NA UP/ Sikri Line 5750 5700 5250 NA NA NA Kanpur Mill Delivery 4375 4525 3600 NA NA NA Bareilly Delivery 4570 4700 3800 NA NA NA Indore Mota Masra 4300 4250 3500 500 500 500 Chota Masra 4275 4225 3475 NA NA NA Pipariya 3900 3800 3200 500 NA 200 Desi Ashok Nagar NA NA 3250 NA NA 300

International Masoor Prices Centre Origin/Variety/Grade Prices (in USD $/MT) 30-Dec-13 30-Nov-13 31-Dec-12 Mumbai Canadian Red Lentils(Crimpson)- No 2 620 620 625 Processed Masoor Dal State Centre Origin/Variety/Grade Prices (in Rs./Qtl.) 30-Dec-13 30-Nov-13 31-Dec-12 Uttar Pradesh Kanpur Malka 4825 4950 4000 Madhya Pradesh Indore Desi 5050 4925 4025 Katni Desi 4950 5000 3950 Delhi Delhi Badi Masoor 5000 5200 4250 Choti Masoor 6800 6900 6600 Masoor Dal Retail Prices (in Rs/Kg.) Centre 30-Dec-13 30-Nov-13 31-Dec-12 % Change w.r.t previous year NORTH ZONE CHANDIGARH 59 59 50 18 DELHI 65 65 61 7 HISAR NR NR NR - KARNAL NR NR NR - SHIMLA NR 70 52 -- MANDI 62 62 53 17 SRINAGAR NR NR NR - JAMMU NR 66 58 - AMRITSAR 60 60 55 9 LUDHIANA 78 76 NR -

BATHINDA 64 64 NR - LUCKNOW 69 70 56 23 KANPUR 60 58 65-8 VARANASI 55 55 50 10 AGRA 55 55 52 6 DEHRADUN NR NR NR - WEST ZONE RAIPUR 55 55 50 10 PANAJI 63 63 NR - AHMEDABAD 42 42 41 2 RAJKOT 55 55 45 22 BHOPAL 44 44 44 0 INDORE 60 60 50 20 GWALIOR 45 45 41 10 JABALPUR 50 50 45 11 MUMBAI 61 62 56 9 NAGPUR 55 55 55 Unch JAIPUR 53 53 49 8 JODHPUR NR NR NR - KOTA NR 50 52 - EAST ZONE PATNA NR 51 44 - BHAGALPUR NR 56 NR - RANCHI NR NR NR - BHUBANESHWAR 56 56 48 17 CUTTACK 55 57 46 20 SAMBALPUR 52 54 45 16 ROURKELA 57 57 NR - KOLKATA 54 56 50 8 SILIGURI 65 65 68-4

NORTH-EAST ZONE ITANAGAR NR NR NR - GUWAHATI 56 57 49 14 SHILLONG NR 61 NR - AIZWAL 70 70 NR - DIMAPUR NR 65 NR - AGARTALA 76 78 70 9 SOUTH ZONE PORT BLAIR NR 66 NR - HYDERABAD 60 60 55 9 VIJAYWADA 62 63 55 13 VISAKHAPATNAM 54 54 NR - BENGALURU NR NR NR - DHARWAD NR NR NR - T.PURAM 61 61 48 27 ERNAKULAM 56 56 57-2 KOZHIKODE 66 70 63 5 PUDUCHERRY 55 55 50 10 CHENNAI 56 NR 52 8 DINDIGUL NR NR NR - THIRUCHIRAPALLI NR NR NR - Maximum Price 78 78 70 11 Minimum Price 42 42 41 2 Modal Price 55 55 50 10 Masoor Dal Wholesale Prices (In Rs./Qtl) Centre 30-Dec-13 30-Nov-13 31-Dec-12 % Change w.r.t previous year NORTH ZONE CHANDIGARH 5600 5600 4800 17

DELHI 5700 5700 5000 14 HISAR NR NR NR - KARNAL NR NR NR - SHIMLA NR 6300 4800 - MANDI 5886 5886 5061 16 SRINAGAR NR NR NR - JAMMU NR 5900 5000 - AMRITSAR 5600 5600 5100 10 LUDHIANA 7300 7100 NR - BATHINDA 5400 5300 NR - LUCKNOW 6570 6720 5350 23 KANPUR 5100 5300 4400 16 VARANASI 5000 5000 4800 4 AGRA 5300 5300 5000 6 DEHRADUN NR NR NR - WEST ZONE RAIPUR 5000 5000 4400 14 PANAJI 5650 5700 NR - AHMEDABAD 4000 4000 3900 3 RAJKOT 5200 5000 4100 27 BHOPAL 4000 4000 4000 Unch INDORE 5000 5050 4100 22 GWALIOR 4400 4400 3900 13 JABALPUR 4800 4800 4300 12 MUMBAI 5250 5300 4500 17 NAGPUR 5057 5048 4773 6 JAIPUR 4900 4800 4400 11 JODHPUR NR NR NR - KOTA NR 5000 4000 - EAST ZONE

PATNA NR 4800 4000 - BHAGALPUR NR 5400 NR - RANCHI NR NR NR - BHUBANESHWAR 5300 5300 4500 18 CUTTACK 5200 5300 4260 22 SAMBALPUR 4900 5100 4200 17 ROURKELA 5300 5300 NR - KOLKATA 4700 5000 4100 15 SILIGURI 6000 6000 6500-8 NORTH-EAST ZONE ITANAGAR NR NR NR - GUWAHATI 5200 5300 4600 13 SHILLONG NR 5500 NR - AIZWAL 6400 6400 NR - DIMAPUR NR 6000 NR - AGARTALA 7100 7300 6725 6 SOUTH ZONE PORT BLAIR NR 6100 NR - HYDERABAD 5800 5800 5300 9 VIJAYWADA 5800 5900 5100 14 VISAKHAPATNAM 4900 4900 NR - BENGALURU NR NR NR - DHARWAD NR NR NR - T.PURAM 5700 5300 4400 30 ERNAKULAM 5400 5400 5400 Unch KOZHIKODE 6100 6400 5600 9 PUDUCHERRY 5150 5150 4400 17 CHENNAI 4800 NR 4500 7 DINDIGUL NR NR NR - THIRUCHIRAPALLI NR NR NR -

Maximum Price 7300 7300 6725 9 Minimum Price 4000 4000 3900 3 Modal Price 5100 5300 4400 16 Moong State Centre Origin/Variety/Grade Prices (Rs/Qtl) Arrivals (in bags of 1 Qtl) Mumbai 30-Dec-13 30-Nov-13 31-Dec-12 30-Dec-13 30-Nov-13 31-Dec-12 Pedishewa NA NA NA NA NA NA Tanzania 5600 NA 5050 NA NA NA Annaseva 5900 6000 4500 25 150 NA 6600 6450 5600 25 150 10 Jalna Maharashtra Chamki 6400 NA NA 1000 NA NA Latur 6400 6100 5200 150 300 500 Desi Akola 6500 6300 5500 50 50 50 Jalgaon Chamki NA NA 5100 NA NA 150 Amravati Desi NA NA NA NA NA NA Tamilnadu Chennai Pedishewa NA NA NA NA NA NA Annaseva NA NA NA NA NA NA Raj line NA NA 5800 NA NA NA Karnataka NA NA NA NA NA NA Delhi Delhi Green 5200 5200 5200 NA NA NA Merta city(mogar) 5350 5350 5350 NA NA NA Merta city(polish) 6600 6100 5200 400 500 700 Madhya Pradesh Indore Chamki 6350 NA 5200 NA NA 60 Uttar Pradesh Kanpur 6300 5800 5500 10000 20000 NA Rajasthan Jaipur Desi 5700 5700 5700 NA NA NA Merta City NA NA NA NA NA NA

International Moong Prices Centre Origin/Variety/Grade 30-Dec-13 30-Dec-13 30-Nov-13 31-Dec-12 Mumbai Burmese Moong Pokako 980 NA 920 Processed Moong Dal State Centre Origin/Variety/Grade Prices (in Rs./Qtl.) 30-Dec-13 30-Nov-13 31-Dec-12 Rajasthan Bikaner Split 7500 7100 6700 Madhya Pradesh Indore NA 7500 NA Mogar Karnataka Gulbarga 4400 7500 NA Jalgaon Desi 7700 7700 7100 Maharashtra Akola Mogar 7700 7700 6900 Moong Dal Retail Prices (in Rs/Kg.) Centre 30-Dec-13 30-Nov-13 31-Dec-12 % Change w.r.t previous year NORTH ZONE CHANDIGARH 84 84 NR - DELHI 78 78 80-3 HISAR 69 69 70-1 KARNAL 76 78 NR - SHIMLA NR 78 75 - MANDI 80 80 77 4 SRINAGAR NR NR NR - JAMMU NR 84 78 - AMRITSAR 70 70 74-5 LUDHIANA 79 78 NR - BATHINDA 84 87 82 2

LUCKNOW 85 85 80 6 KANPUR 80 75 70 14 VARANASI 80 80 80 Unch AGRA 66 70 60 10 DEHRADUN 80 80 77 4 WEST ZONE RAIPUR 80 80 65 23 PANAJI NR NR NR - AHMEDABAD 72 72 67 7 RAJKOT 80 85 78 3 BHOPAL 62 62 62 0 INDORE 80 76 70 14 GWALIOR 63 63 65-3 JABALPUR 59 60 60-2 MUMBAI 87 85 87 Unch NAGPUR 67 67 64 5 JAIPUR 71 67 NR - JODHPUR 66 64 NR - KOTA NR 65 65 - EAST ZONE PATNA NR 70 69 - BHAGALPUR NR 70 70 - RANCHI NR NR NR - BHUBANESHWAR 78 78 72 8 CUTTACK 73 76 76-4 SAMBALPUR 78 77 75 4 ROURKELA 80 78 NR - KOLKATA 100 95 82 22 SILIGURI 74 74 76-3 NORTH-EAST ZONE

ITANAGAR NR NR NR - GUWAHATI 77 76 74 4 SHILLONG NR 79 NR - AIZWAL 75 75 NR - DIMAPUR NR 80 NR - AGARTALA 67 68 73-8 SOUTH ZONE PORT BLAIR NR NR NR - HYDERABAD 84 84 74 14 VIJAYWADA 82 78 76 8 VISAKHAPATNAM 80 80 NR - BENGALURU 74 74 71 4 DHARWAD 82 82 71 15 T.PURAM 82 77 NR - ERNAKULAM 80 76 74 8 KOZHIKODE 72 68 73-1 PUDUCHERRY 90 90 84 7 CHENNAI 88 NR 78 13 DINDIGUL 78 77 79-1 THIRUCHIRAPALLI 86 80 76 13 Maximum Price 100 95 87 15 Minimum Price 59 60 60-2 Modal Price 80 79 73.33 9 Moong Dal Wholesale Prices (In Rs./Qtl) Centre 30-Dec-13 30-Nov-13 31-Dec-12 % Change w.r.t previous year NORTH ZONE CHANDIGARH 7900 7900 6800 16 DELHI 6900 6800 7100-3