Login ID:
Password:
Partner Login
Contact Us : 7066511911

Burma Urad Price Continues Up move in Chennai

12 Aug 2020 3:25 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

MUMBAI (Commoditiescontrol) – Burma Urad extended rise Rs 25-50/100Kg at Chennai on Wednesday due to better mill buying for immediate crushing requirement against limited ready stock.

Similarly, in private trade at Delhi, Burma Urad FAQ/SQ varieties new also traded higher by Rs 50 at Rs 6,350/100Kg and Rs 7,000, respectively.

Arrivals of New Urad seen at Ahmednagar and Dudhani markets.

However, thin offtake was witnessed in processed Urad.

Trading activity was reported thin today,as major markets closed, on account of Krishna Janmashtami.

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

The allocated total quantity is not expected to arrive till 31st August, 2020 against the annual quota license. Around one lakh or below quantity only expected to arrived.

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

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.

Spot 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
Urea Imports Up 22% in 2019-20 at 91.23 lakh T
IMD Sees Heavy Showers Over East, Central India; Monsoo...
more
Top 5 News
Pandemic Cuts Global Sugar Consumption by 2.5 Mn T – S&...
Experts all for Contract Farming, Intercropping to Ac...
Chana-Chana Dal Extend Gains in Selective Spot Markets
Domestic Tur Mixed in Selective Mkts; Imported Variety ...
New, Old Moong Traded Mixed In Major Mkts
Top 5 Special Reports
India’s kharif sowing rose 50 lakh ha. But climate cruc...
USD/INR (Sep ‘20) – Needs a Breakout Above Resistance a...
Yellow Mozaic Damages Moong in Rajasthan; Prices Head N...
USD/INR (Sep ‘20) – Needs a Breakout Above Resistance a...
USD/INR (Sep ‘20) – Needs a Breakout Above Resistance a...
Copyright © CC Commodity Info Services LLP. All rights reserved.