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Burma Urad Gains At Major Mkts

4 Jun 2020 6:01 pm
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MUMBAI (Commoditiescontrol) – Burma Urad traded higher at Chennai, Delhi, Mumbai and Kolkata on Thursday due to fresh trade activity at lower rates.

Prices also got support after Supreme Court Hearing on the pulses import case to take place on 17th June.

However, Mills were interested in purchasing at lower rates for immediate crushing requirements only.

Regular overseas supplies at Chennai port and Rabi/Summer crop arrivals will keep check on prices.

Similarly, polished rabi Urad traded firm by Rs 100/100Kg at Guntur market of AndhraPradesh on local and surrounding millers/traders buying activity.

Demand and sale counters in Urad dal reported thin participation amid cash crunch. But, demand is expected to rise from wholesalers/retailers counter soon, as pipeline is empty.

Moreover, Government reduces the deadline for Urad Import Annual Quota Of 4 lakh MT by 6 months to 31st August, 2020.

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

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

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