Login ID:
Password:
Partner Login
Contact Us : 7066511911

Domestic/Imported Urad Flat At Major Markets

17 Jan 2020 7:23 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

Mumbai (Commodities control) – Domestic Urad prices were quiet for second straight day at major markets on Friday, as per quality, due to weak buying despite decreasing arrivals.

Similarly, Burma Urad was flat at Mumbai, Delhi and Kolkata pulses market as buyers were cautious at prevailing rates. Even in processed Urad trade activity was quiet.

On other hand, Chennai pulses market remained closed due to Pongal.

Meanwhile, Jaipur high court has postponed hearing on pulses import restriction till January 20, 2020 for Customs clearance issue to containers of urad which was imported against the stay order.

Buyers have been cautious eversince the government raised import quota of urad to 4 lakh tonnes, from 1.5 lakh tonnes, for the fiscal year 2019-20.

As per trade source, prices of Urad are likely to get support due to lower output, declining arrivals. Also the supply of Urad from Burma, under quota, is unlikely to touch Indian port before March end.

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
Cotton Complex Cotton No. 2 (COT) Tightening-up Sho...
Cotton No. 1 (ZCE) Weak Price Trend / May Retest Supp...
Cotton Softens Further In North India On Sluggish Deman...
India's 2019-20 Daily Cotton Arrivals Up 25.2% Y/Y At 1...
Cotton Continues To Rule Weak In Central, South India O...
more
Top 5 News
Tocom/ Shangahi Rubber Price (PM) - 17 February 2020
Bangkok/kualampur Rubber Rates 17 February 2020
Vietnam: F.O.B SVR Physical Prices: 17 February 2020
Burma Tur Opens Higher In Mumbai Amid Improved Buying
Long/Short Quantity Position In NCDEX Chana On 14th Feb...
Top 5 Special Reports
USD/INR (Feb. 20) Neutral Stance: Prices Consolidati...
USDCNY-CHINESE/USDIDR-INDONESIAN RUPIAH
USDMYR
USDARS-ARGETINE PESO/USDBRL-BRAZILIAN REAL
CRB INDEX/US DOLLAR INDEX CONTINUOUS
Copyright © CC Commodity Info Services LLP. All rights reserved.