Weekly Review - Urad

18-Jan-2025 09:16 PM

One-sided fall in prices of Urad continues due to lack of customers


Weekly Review - Urad

Chennai: The prices of Urad continue to fall due to a lack of demand and increased availability of imported Urad at the ports. Dal millers have limited their purchases, exerting pressure on prices. This week, prices in Chennai decreased by Rs. 350-375 per quintal. At the end of the week, the prices were Rs. 7275 per quintal for FAQ and Rs. 7850 per quintal for higher grades.

Kolkata: In Kolkata, the prices of Urad also fell by Rs. 300 per quintal, with the final price of Urad at Rs. 7650 per quintal.

Burma: Burma Urad saw a decline due to a drop in export demand. FAQ prices fell by $60 per tonne, and SQ prices dropped by $65 per tonne. At the end of the week, FAQ prices were at $785 per tonne and SQ at $885 per tonne.

Delhi: In Delhi, Urad prices also declined by Rs. 400-450 per quintal due to falling port prices and slow buying from dal millers. By the end of the week, FAQ prices stood at Rs. 7700 per quintal and SQ at Rs. 8250 per quintal.

Madhya Pradesh: The Urad market in Madhya Pradesh saw little movement due to sluggish buying and selling. Prices remained stable across various cities:

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

Maharashtra: Maharashtra witnessed fluctuating prices, with rises and falls of Rs. 50-100 per quintal. Prices at the end of the week were:

  • Akola: Rs. 7850
  • Latur: Rs. 5000/7800
  • Solapur: Rs. 6100/8300
  • Ahmednagar: Rs. 5000/7000

Other Markets: In Krishna District and Vijayawada, the prices of Urad Dal declined by Rs. 100-200 per quintal due to weak demand, ending at Rs. 7800 in Krishna District and Rs. 7700/7800 in Vijayawada.

Urad Dal: The prices of Urad Dal also saw a drop due to weak customer demand. The price fell by Rs. 100-200 per quintal, ending the week at:

  • Delhi: Rs. 10300/11500
  • Bhatapara: Rs. 10400/10500
  • Jalgaon: Rs. 10500
  • Meerut: Rs. 8800/9200
  • Indore: Rs. 9800/12000

The Urad market is facing downward pressure due to sluggish demand, which is likely to continue unless there is a significant change in consumption patterns or export dynamics.

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