Chennai: A bearish trend persisted in the Urad market throughout the week. Prices faced pressure due to sluggish buying and increased arrivals of summer-crop Urad in producing markets. The market failed to receive the expected support, as buying by dal mills and traders remained limited to immediate requirements. While arrivals of the new summer Urad crop are steadily rising, domestic demand remains constrained. With demand lagging behind the increased supply, Urad prices remained under pressure in most markets. Buyers are currently adopting a cautious approach, purchasing only as needed, which is preventing any bullish momentum from building in the market. Adequate availability of imported Urad and increased selling by importers have also exerted additional pressure on the market. Due to weak demand, Urad prices in the Chennai market dropped by ₹50 to ₹75 per quintal this week. By the weekend, prices stood at ₹7,800 per quintal for FAQ Urad and ₹8,475 per quintal for SQ Urad. A soft trend was observed in the Mumbai market as well; Urad prices there fell by ₹50 per quintal during the week, settling at ₹7,800 per quintal by the weekend. Market experts believe the Urad market may remain under pressure for now due to rising arrivals and weak demand. However, prices could regain support in the future if the pressure from arrivals eases and demand for the pulse improves. Current market sentiment remains bearish.

Due to increased selling by exporters and sluggish export demand, prices for Burma Urad fell by $5 per tonne for both FAQ and SQ varieties during the week. Consequently, by the weekend, the price stood at $820 per tonne for FAQ and $900 per tonne for SQ.

Urad prices in Delhi fell by ₹75–100 per quintal this week due to the impact of a decline in port rates and sluggish demand. By the weekend, prices stood at ₹8,125 per quintal for FAQ quality and ₹8,800 per quintal for SQ quality.

Urad prices in Madhya Pradesh saw a decline of ₹100–125 per quintal during the week due to increased selling pressure and subdued buying. By the weekend, prices settled at ₹5,000–8,000 per quintal in Jabalpur, ₹4,400–7,450 in Kareli, ₹7,400–7,900 in Damoh, and ₹6,500–8,500 in Indore.

Urad prices in Maharashtra remained unchanged this week as both buying and selling activities stayed sluggish. Weekend prices held steady at ₹8,250 per quintal 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 in Ahmednagar.

Due to continued sluggish demand, Urad prices in Krishna District and Vijayawada softened by ₹50 per quintal this week; by the weekend, prices stood at ₹8,275 per quintal in Krishna District and ₹8,250 per quintal in Vijayawada. Meanwhile, Urad prices in Rajasthan also remained unchanged, with weekend rates at ₹7,400–8,400 per quintal in Jaipur and ₹5,500–7,500 per quintal in Kota.

Due to limited demand, prices of Urad dal saw fluctuations of ₹100–200 per quintal this week; by the weekend, rates 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.