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Burma Urad Settles Weak In Mumbai On Dim Buying Interest

17 Feb 2020 6:18 pm
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MUMBAI (Commoditiescontrol) – Burma Urad eased marginally during closing session, at Mumbai pulses market, on Monday, due to lack of buying support amid liquidity crunch. Sellers were active in the market at existing rates.

Moreover, demand and sale counter in Urad dal and Urad gota variety reported negligible participation at higher rates.

Market is observing caution in ready trade at prevailing rates, tracking weak prices in forward deals in Chennai, new domestic arrivals in Andhra Pradesh and upcoming fresh supply from overseas at Chennai.

Meanwhile, Jaipur High Court has further postponed hearing on pulses import restriction till March 6, 2020. The hearing is regarding non-issuance of Customs clearance to containers of urad imported against the stay order.

Jaipur High Court has given an option to the importers/DGFT to take their case to the Supreme Court.

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



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


       
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