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Burma,Domestic Variety Urad Flat in Major Mkts

8 Aug 2020 5:25 pm
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MUMBAI (Commoditiescontrol) – Burma Urad prices were unchanged in major markets, on Saturday, due to thin mills' trade, due to slow offtake in processed Urad.

At Barsi market of Maharashtra, new Urad traded flat at Rs 4,500-5,400/100Kg, as per quality, with arrivals of 100 bags (Each bag of 50 Kg). The arrived Urad has moisture content of 3-4%, a local trader said. 2% was reported to be dagi quality.

DGFT had requested Chennai customs not to give import clearance to 56 firms against the restricted import authorisation for import of urad, due to their false declaration.

However, the allocated quantity is not expected to arrive till 31st August, 2020 against the annual quota license.

Millers who received import quota licenses are surrendering their licence to DGFT.

Fresh supplies around 300-400 containers are expected soon at Chennai port against Urad Import Annual Quota of 4 lakh MT.

Supreme Court has completed hearing On Pulses Import Restriction. As per sources, Judgement is reserved. Court has not fixed the date for judgement. Parties had filed brief written submission on 27th July, not exceeding five pages.

Kharif sowing is higher and new crops will likely arrive from September end in domestic markets.

Meanwhile, Government reduced 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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