News Capsule: Urad – Firm Price Trend

03-Jan-2026 03:39 PM

News Capsule: Urad – Firm Price Trend
MSP Kharif 2025: ₹7,800 per quintal
★ Domestic and imported urad markets witnessed a stable to firm price trend from the end of December to early January. Most major varieties recorded gains on a daily and monthly basis, while prices in a few markets remained close to earlier levels.
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Domestic Market Situation
★ Latur: Prices increased from ₹6,400 to ₹6,500 over the past week, registering a rise of ₹100. Compared to November, prices are up by ₹300, while they remained stable compared to September.
★ Akola: With a weekly gain of ₹150, prices reached ₹7,400. December versus November shows an increase of ₹150, while prices are largely unchanged compared to September.
★ Mumbai FAQ: Prices rose by ₹100 to ₹7,250. This reflects a gain of ₹300 over November and ₹250 over September.
★ Chennai FAQ: Prices stood at ₹7,250, up by ₹100 on the day. Prices are higher by ₹375 compared to November and also by ₹375 compared to September.
★ Chennai SQ: Prices strengthened by ₹100 to reach ₹7,950. This marks a rise of ₹450 over November and ₹225 over September.
★ Lalitpur: Recorded the highest daily increase of ₹200, with prices at ₹7,100. Prices are up by ₹500 compared to both November and September.
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Monthly Trend
★ The December 2025 average remained ₹100–200 per quintal higher than November 2025. In most markets, December prices were stronger compared to September–October levels.
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Imported Urad (Myanmar)
★ Myanmar FAQ (C&F): Prices increased from $775 to $790 per tonne.
★ Myanmar SQ (C&F): Prices moved up from $855 to $865 per tonne.
★ Both segments recorded a rise of around $10–15 per tonne in December compared to November and September.
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Reasons for the Rise and Outlook
★ Urad prices are hovering around and below the MSP of ₹7,800 per quintal, and the start of government procurement is providing support to the market.
★ Firmness in imported prices has kept import parity high in the domestic market, impacting prices despite higher import volumes.
★ Lower production has prevented heavy arrival pressure in mandis.
★ In Myanmar, priority is being given to moong instead of urad; moong production, which had been increasing every year, is expected to remain almost at last year’s level this season.
★ To control prices, strong domestic production is essential.
★ With lower production, rising import demand has encouraged exporters to quote higher prices.
★ Going forward, the market is expected to remain firm.