MUMBAI (Commoditiescontrol) – Burma Urad slipped by Rs 75-100/100Kg in Chennai and Delhi market on Wednesday, due to dull millers' trade at prevailing rates despite less imported stock.
On other hand, Burma Urad FAQ variety moved higher by Rs 50/100Kg on selected mills buying support.
Moreover, demand and sale counter in processed Urad was thin from wholesale and retail counters.
Similarly, new domestic variety Urad declined by Rs 100-150/100Kg, as per quality, at Latur and Guntur market amid thin mills' buying.
In Burma, Urad FAQ-SQ varieties ruled weak due to slack trade activity from local and overseas. India buyers interested to purchase at lower rates.
Meanwhile, charges of containers are higher due to shortage.
As per Burma based local trader, shipment around 15,000-20,000 MT of Urad likely to load for India (Chennai) through indirect vessel. One direct vessel expected around 31st January. Approximately 6000 MT expected to load in direct vessel.
Meanwhile, regular arrivals of Urad reported at Kurnool, Ongole Prakasam and Nellore districts of Andhra Pradesh.
Krishnur district arrivals of new Urad will begin from February end 2021.
Spot Raw Black Matpe ( Urad ) Prices In Key Indian Markets:
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(By Commoditiescontrol Bureau; +91-22-40015513)
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