Login ID:
Password:
Partner Login
Contact Us : 7066511911

Domestic/Imported Variety Urad Drops At Major markets

10 Dec 2019 9:17 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

Mumbai (Commodities control) – Domestic Urad traded weak at major markets on Tuesday as per quality due to slow millers buying support against ongoing arrivals.

Similarly, Burma Urad also slipped at Mumbai, Chennai and Delhi pulses market, as millers were less interested in purchasing at prevailing rates amid liquidity crunch and slower offtake in processed Urad.

This happens in the backdrop of non-issuance of clearance, by Customs Department, to the Urad containers stuck at various ports.

Market players were on the sidelines and will keep a close watch on the hearing of stay order of the Jaipur high court on December 16.

However, buying from millers, speculators and stockiest is likely to be seen at lower rates as they foresee supply shortage of Urad. The domestic arrivals are unlikely to gather pace due to kharif crop failure.

Arrivals of new Urad witnessed at Rayalseema and Kurnool district in Andhra Pradesh. Commodity was traded for Guntur delivery at Rs 8,200-8,400/100Kg.

Spot New Raw Black Matpe ( Urad) Prices In Key Indian Markets:



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


       
  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 Rated
0.0

   Post comment
Comment :

Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy.
Name :  
Email :  
   

Top | Post Comment  

Latest Market Commentary
MARKET SNAPSHOT JANUARY 24
MARKET SNAPSHOT JANUARY 23
Market Snapshot (Globex)
Market Snapshot (Globex)
China Says Coronavirus Cases Rise To 440, With Nine Dea...
more
Top 5 News
Urad Recovers During Closing Session In Mumbai, Tur Up ...
Matar Trades Weak In Kolkata, Flat In Mumbai
Cotton Rules Mixed In Central, South India On Selective...
India's 2019-20 Daily Cotton Arrivals Up 43.8% Y/Y At 2...
Lentil Prices Dip In Mumbai/KolKata, Steady In Delhi
Top 5 Special Reports
Canada's 2020-21 Pea Production May Rise Rise Marginall...
USD/INR (Jan. 20) Testing Short-term Resistance near...
USD/INR (Jan. 20) Testing a Resistance Zone Near 71....
Urad Spot(Chennai INR): Bullish Breakout from a Base/ P...
Urad Spot(Burma USD): Appears Poised for More Strength/...
Copyright © CC Commodity Info Services LLP. All rights reserved.