Chennai: A bearish sentiment prevailed in the Urad market throughout the current week. Prices came under pressure due to weakening buying interest and increased arrivals of the summer Urad crop in key producing markets. The market failed to receive the expected support, as purchases by dal mills and traders remained strictly need-based. Arrivals of the new summer crop are steadily rising, while demand in the domestic market remains limited. With supply outpacing demand, Urad prices remained under pressure across most markets. Market experts note that buyers are currently adopting a cautious stance, purchasing only to meet immediate requirements. Consequently, a bullish momentum has failed to materialize in the market. However, Urad prices could find renewed support once the pressure from fresh arrivals subsides and demand begins to improve. Increased selling by importers, coupled with sluggish demand, led to a decline of ₹50–75 per quintal in Chennai Urad prices this week. By the weekend, prices settled at ₹7,850 per quintal for FAQ-grade Urad and ₹8,600 per quintal for SQ-grade Urad. Similarly, Mumbai Urad prices also witnessed a decline of ₹100 per quintal this week, closing the weekend at ₹7,850 per quintal.

Due to increased selling pressure and sluggish buying activity, a decline of ₹100–125 per quintal was observed in Madhya Pradesh Urad prices during the current week. Following this downturn, prices at the week's end settled at ₹5,000–8,000 in Jabalpur, ₹4,400–7,450 in Kareli, ₹7,400–7,900 in Damoh, and ₹6,500–8,500 per quintal in Indore.

As both buying and selling activities remained subdued, no fluctuation was observed in Maharashtra Urad prices this week. Consequently, prices remained stable at the week's end, standing at ₹8,250 in Akola, ₹4,000–7,200 in Latur, ₹7,300–8,300 in Jalgaon, ₹5,000–7,500 in Barshi, and ₹4,500–7,500 per quintal in Ahmednagar.

Driven by increased buying activity, a rise of ₹50 per quintal was recorded in Urad prices in the Krishna District and Vijayawada this week. Following this upward trend, prices at the week's end reached ₹8,350 per quintal in the Krishna District and ₹8,300 per quintal in Vijayawada. Similarly, an increase of ₹100 per quintal was also observed in Rajasthan Urad prices this week, bringing the prices at the week's end to ₹7,400–8,400 per quintal in Jaipur and ₹5,500–7,500 per quintal in Kota.

Due to continued limited demand, fluctuations ranging from ₹100 to ₹200 per quintal were recorded in Urad Dal prices this week. By the end of the week, prices stood at ₹9,750–₹11,200 per quintal in Delhi, ₹9,600–₹10,600 in Bhatapara, ₹8,900–₹11,100 in Jalgaon, ₹8,900–₹9,800 in Meerut, and ₹9,800–₹13,500 in Indore.