Weekly Review - Urad

28-Sep-2024 10:01 PM

Urad prices fall due to weak buying

Chennai. Urad prices declined this week due to increased availability of Urad in the producing markets and weak demand. Pressure was seen on Urad prices due to increased selling at higher prices and slow buying by stockists and millers. Chennai Urad witnessed a decline of Rs 50/100 per quintal this week due to increased selling by importers and weak buying and the price remained at Rs 8275 for FAQ and Rs 9050 per quintal at the weekend. Similarly, Mumbai Urad also declined by Rs 100 per quintal this week and remained at Rs 8500 per quintal at the weekend.

Burma

Due to sluggish export demand, Burma Urad FAQ declined by $ 5 and SQ by $ 5 per tonne during the current week and the price remained at $ 990 per FAQ and $ 1085 per SQ at the weekend.

Delhi

Due to the impact of port decline and weak buying by dal millers, Delhi Urad FAQ declined by Rs 200 and SQ by Rs 100 per quintal during the current week and the price remained at Rs 8600/8625 per FAQ and Rs 9400 per quintal at the weekend.

Madhya Pradesh

Due to increased availability of new goods and sluggish buying by pulses millers, prices of Madhya Pradesh urad witnessed a decline of Rs. 200/300 per quintal during the current week and with this decline the prices at the weekend remained at Ashoknagar Rs. 5000/7500, Jabalpur Rs. 6000/8200, Kareli Rs. 5400/8152, Damoh Rs. 5000/7600 and Indore Rs. 7500/8000 per quintal.

Maharashtra

Due to increased selling and weak buying, Maharashtra urad prices registered a decline of Rs. 100/200 per quintal this week and with this decline, the prices at the weekend remained at Akola Rs. 8850, Latur Rs. 5000/8400, Solapur Rs. 6500/8200, Dudhni Rs. 5500/8400, Akkalkot Rs. 6000/8200 and Ahmednagar Rs. 6000/7500 per quintal.

Others

Due to the impact of all-round decline and weak buying, Andhra Pradesh's Krishna District urad witnessed a decline of Rs. 50 and Vijayawada urad witnessed a decline of Rs. 50 per quintal this week and the prices at the weekend remained at Krishna District Rs. 9100 and Vijayawada Rs. 9000 per quintal.

Urad Dal

Due to improvement in demand, prices of Urad Dal have improved by Rs. 100 per quintal during the current week and with this improvement, the prices at the weekend have become Delhi Rs. 10750/11600, Bhatapara Rs. 10900, Jalgaon Rs. 11700, Meerut Rs. 10000/10400 and Indore Rs. 10500/12000 per quintal.