Weekly Review - Urad

06-Jan-2025 07:37 PM

Urad prices continue to fall due to increased selling pressure and lack of customer support


Weekly Review - Urad Prices

Chennai
Urad prices in Chennai have experienced a consistent decline, falling by Rs. 275 to 325 per quintal due to increased availability of imported Urad and sluggish demand. This lack of demand from dal millers has kept their purchasing limited, adding pressure on prices. By the weekend, the prices stood at:

  • FAQ: Rs. 7625 per quintal
  • SQ: Rs. 8350 per quintal

Kolkata
Kolkata's Urad prices also saw a dip, with a reduction of Rs. 100 per quintal. The final prices for the week were:

  • Rs. 8000 per quintal

Burma
In Burma, prices declined by 45 dollars per ton due to increased export selling and sluggish export demand. The final prices were:

  • FAQ: $855 per ton
  • SQ: $955 per ton

Delhi
The prices in Delhi dropped by Rs. 200 to 250 per quintal, influenced by a port decline and weak buying by dal millers. By the weekend, the prices in Delhi were:

  • FAQ: Rs. 8100 per quintal
  • SQ: Rs. 8850 per quintal

Madhya Pradesh
Prices in Madhya Pradesh remained mostly stable, with no significant changes in demand or supply. The prices at various locations remained as follows:

  • Ashoknagar: Rs. 5500/7300
  • Jabalpur: Rs. 5000/7800
  • Damoh: Rs. 5400/7700
  • Indore: Rs. 7500/8200 per quintal

Maharashtra
In Maharashtra, Urad prices saw a fluctuation, with a rise and fall of Rs. 50 to 100 per quintal, influenced by sluggish demand from dal millers. The weekend prices were:

  • Akola: Rs. 8100
  • Latur: Rs. 5000/8000
  • Solapur: Rs. 6100/8300
  • Dudhni: Rs. 7000/8200
  • Ahmednagar: Rs. 5500/7500 per quintal

Others (Krishna District and Vijayawada)
The prices in Krishna District and Vijayawada fell by Rs. 150 per quintal due to the overall market downturn. The weekend prices were:

  • Krishna District: Rs. 8000/8100
  • Vijayawada: Rs. 8100/8200 per quintal

Urad Dal
Due to weak customer demand, Urad Dal prices declined by Rs. 100 to 200 per quintal across various locations:

  • Delhi: Rs. 10500/11650 per quintal
  • Bhatapara: Rs. 10400/10500 per quintal
  • Jalgaon: Rs. 10900 per quintal
  • Meerut: Rs. 9100/9500 per quintal
  • Indore: Rs. 9800/12000 per quintal

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