Chennai. The urad market witnessed a bullish trend this week. According to trade analysts, prices were supported by a slowdown in selling at lower prices and increased buying by pulse millers. Arrivals of urad in producing markets have begun to weaken, which has prompted more active stockists and millers, leading to a rise in market prices. Experts believe that if arrivals decline further or buying becomes more active, urad prices could see further strengthening in the near future. Chennai urad prices increased by Rs. 75/100 per quintal this week due to weakening importer selling and improved demand, taking the FAQ price to Rs. 6800 and SQ urad to Rs. 7400 per quintal. Similarly, Mumbai urad prices saw a rise of Rs. 75 per quintal this week, taking the price to Rs. 6800 per quintal at the weekend.

Due to easing of exporter selling and improved export demand, Burma urad FAQ and SQ prices also saw a rise of $20 per tonne during the current week, taking the price to $745 per tonne for FAQ and $820 per tonne for SQ.

Supported by a rise in port prices and increased buying by dal millers, urad prices in Delhi saw a rise of Rs. 100 per quintal this week, taking the price to Rs. 7075/7100 for FAQ and Rs. 7775/7800 per quintal for SQ at the weekend.

Due to sluggish buying and selling, Madhya Pradesh urad prices remained unchanged during the current week, and at the weekend prices remained at Rs. 5000/7000 in Jabalpur, Rs. 5050/6330 in Kareli, Rs. 4000/5800 in Ganjbasoda, and Rs. 6500/7000 in Indore.

Due to weak demand from stockists and dal millers, Maharashtra urad prices declined by Rs. 100 per quintal this week, and at the weekend prices remained at Rs. 7100 in Akola, Rs. 4000/6200 in Latur, Rs. 6400/6800 in Jalgaon, Rs. 3000/6700 in Barshi, Rs. 4000/7200 in Solapur, and Rs. 4000/6000 per quintal in Ahmednagar.

Due to increased buying, urad dal prices in Krishna District and Vijayawada increased by ₹150 per quintal this week, closing the week at ₹7,300 per quintal in Krishna District and ₹7,300 per quintal in Vijayawada. Similarly, Kota urad dal prices also increased by ₹75 per quintal this week, closing the week at ₹4,500/₹6,725 per quintal.

Due to weak demand, urad dal prices declined by ₹100/₹200 per quintal this week, closing the week at ₹8,850/₹10,600 in Delhi, ₹8,700/₹9,100 in Bhatapara, ₹9,250 in Jalgaon, ₹7,300/₹8,300 in Meerut, and ₹9,000/₹12,000 per quintal in Indore.