Weekly Review - Urad

22-Mar-2025 08:34 PM

Urad prices fall due to tepid demand


Urad Prices Decline Amid Weak Demand

  • Spot market prices fell due to selling pressure and sluggish demand from millers.

  • Key Declines:

    • Chennai Urad: -₹50 to -₹150 per quintal (FAQ ₹7,225, SQ ₹7,900)

    • Kolkata Urad: -₹50 per quintal (₹7,400)

International Market (Burma)

  • Increased selling by exporters and weak demand led to price declines:

    • FAQ Urad: -$5 per tonne (Now: $800)

    • SQ Urad: -$10 per tonne (Now: $875)

Domestic Market Trends

Delhi

  • Prices fell ₹25-50 per quintal due to weak buying by millers.

    • FAQ: ₹7,600-7,625

    • SQ: ₹8,350

Madhya Pradesh

  • Prices fell ₹50-100 per quintal due to weak demand.

    • Ashoknagar: ₹5,500-6,500

    • Jabalpur: ₹5,000-6,700

    • Damoh: ₹4,900-6,250

    • Tikamgarh: ₹5,000-6,700

    • Indore: ₹7,000-7,700

Maharashtra

  • Prices fell ₹100-200 per quintal due to sluggish dal miller demand.

    • Akola: ₹7,750

    • Latur: ₹5,000-7,000

    • Solapur: ₹6,100-8,300

    • Barshi: ₹6,300-7,300

    • Ahmednagar: ₹5,000-7,100

Others

  • Overall weak demand led to price declines:

    • Krishna District: ₹7,500-7,700 (-₹100)

    • Vijayawada: ₹7,450-7,650 (-₹100)

Urad Dal Prices Decline

  • Weak demand resulted in ₹100-200 per quintal drop:

    • Delhi: ₹9,550-10,900

    • Bhatapara: ₹9,900

    • Jalgaon: ₹10,200

    • Meerut: ₹8,500-9,100

    • Indore: ₹9,400-13,100

Market Outlook

  • Weak demand and selling pressure continue to weigh on prices.

  • Short-term fluctuations expected but no major recovery likely unless demand improves.

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