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Burma Urad Widens Losses At Close In Mumbai

25 May 2019 3:00 pm
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MUMBAI (Commoditiescontrol) – Burma urad widened losses during closing session at Mumbai pulses market on Saturday amid dull trade at existing rates, weak cues from Chennai and liquidity crunch.

Buyers opted for wait and watch, awaiting upcoming government policy after election results.

Moreover, demand in processed urad remained dull during summer period from consumption centers.

Urad FAQ variety new declined further by Rs 25 to Rs 4,900-4,925/100Kg.

However, delay in further imports, limited stock of imported Urad in Mumbai with the progress of the monsoon will support the prices at lower rates.

(By Commoditiescontrol Bureau: +91-22-40015513)


       
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