Login ID:
Partner Login
Contact Us : 7066511911

Urad FAQ Trades Higher At Chennai

10 Aug 2018 2:20 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

MUMBAI (Commodities control) – Burma urad FAQ traded higher for a second straight day at Chennai market in Tamil Nadu on Friday amid better millers' buying support, expecting gain in prices ahead due to erratic rainfall even around 2500-3000 containers of pulse may arrive at Chennai port from Burma in August month.

However, millers who had got licence from the government to import will crush it only to meet their requirement and hence, imported urad is unlikely to arrive in the market.

Urad FAQ new variety traded firm by Rs 3,900/100Kg in ready delivery as per condition. While, SQ variety also traded flat at Rs 4,900-4,950/100Kg in ready delivery as per condition.

Urad SQ traded flat in forward business at Rs 4,950/100Kg for whole August and September delivery. 

Demand in processed Urad was reported thin from consumption centres.

According to market sources, prices of urad are likely to get support in the long-term amid concerns over acreage/area/quality and also on limited imports from overseas, compared to last year due to restriction imposed by the government.

Yesterday, key growing areas of Madhya Pradesh, Gujarat and Rajasthan received rainfall.

(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

   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
Chana Trades Weak At Selective Spot Markets
Market Wise Tur Arrivals: Supply Increased By 42% Agai...
Burma Urad Ends Weak In Mumbai
Burma Tur Closes Firm In Mumbai
Domestic Tur Gains At Major Markets; Imported Variety F...
Top 5 News
Rapeseed market remained range bound with lack of fresh...
India Spices Export Offer Price - 16 Jan 2019
Weak global veg oil dragged India Soya Market
Chana Trades Weak At Selective Spot Markets
Spot Mentha Edges Lower On Subdued Demand
Top 5 Special Reports
Technical: Mustard Cake-Resistance At Higher Range
Technical: Mustard Oil Kaachi Gani- Expect lower supp...
Will the TPP-11 Agreement Impact Cotton Trade?
Technical: Rbd Palmolien Kandla- Up Move Can Resume
Technical: Sun Flower Oil- Kakinada-Expect Retracement ...
Copyright © CC Commodity Info Services LLP. All rights reserved.