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Burma Urad Gains in Major Mkt, Domestic Variety Firm At Selective mkt

8 Mar 2021 6:55 pm
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MUMBAI (Commoditiescontrol) – Burma Urad variety moved higher by Rs 50-150/100Kg in Chennai, Delhi and Mumbai markets on Monday, on local mills buying at lower rates.

Moreover, no overseas supplies expected soon due to strike in Burma. No local and overseas trade reported as loading-unloading activity at port has been affected due to strike. Banking transactions and port operations are likely to resume in Myanmar within one week.

However, The Indian government announced quota of 4 Lakh tonnes for import of Urad for the period upto 31st March 2022.

Trade activity in processed Urad was reported good today.

Similarly, domestic variety Urad traded higher by Rs 100-200/100Kg, as per quality, at selected markets amid mill buying.

Meanwhile, sellers in Urad were inactive at lower rates due to negligible overseas supply. However, ongoing arrivals of Urad at Krishna district, limited offtake in processed Urad during summer period and upcoming supply of summer crop from April-May in Madhya Pradesh and Gujarat are likely to keep prices under check.

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

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

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