Weekly Review - Urad

15-Mar-2025 09:11 PM

Urad prices fall due to lack of consumer support


Key Highlights (March 8–14, 2025)

  1. Urad Prices Decline Amid Weak Consumer Demand

    • Increased selling pressure at higher prices and low demand for Urad Dal Gota limited purchases by dal millers.
    • Importers and exporters increased selling, further pressuring prices.
  2. State-Wise & Market-Wise Price Movements

    • Chennai: ↓ ₹25–₹50 per quintal

      • FAQ: ₹7300 per quintal
      • SQ: ₹8050 per quintal
    • Kolkata: ↓ ₹50 per quintal

      • FAQ: ₹7450 per quintal
    • Burma (Export Market):

      • FAQ: ↓ $5 per tonne to $805
      • SQ: ↓ $10 per tonne to $885
    • Delhi: ↓ ₹50–₹125 per quintal

      • FAQ: ₹7650 per quintal
      • SQ: ₹8375 per quintal
    • Madhya Pradesh: ↓ ₹50–₹100 per quintal

      • Ashoknagar: ₹5500/6500
      • Jabalpur: ₹5000/6700
      • Damoh: ₹4900/6250
      • Tikamgarh: ₹5000/6700
      • Indore: ₹7000/7700
    • Maharashtra: ↓ ₹100–₹200 per quintal

      • Akola: ₹7750
      • Latur: ₹5000/7000
      • Solapur: ₹6100/8300
      • Ahmednagar: ₹5000/7100
    • Other Markets (Krishna District & Vijayawada): ↓ ₹150–₹200 per quintal

      • Krishna District: ₹7600/7800
      • Vijayawada: ₹7550/7750
  3. Urad Dal Prices Also Declined

    • Due to the impact of weak demand and declining raw urad prices
    • Decline of ₹100–₹200 per quintal observed
      • Delhi: ₹9600/11000
      • Bhatapara: ₹10,000
      • Jalgaon: ₹10,250
      • Meerut: ₹8600/9100
      • Indore: ₹9400/13,100

Market Outlook

  • Short-Term: Prices may remain under pressure due to continued weak demand from millers.
  • Mid-Term: If consumer demand and export interest improve, a price recovery could occur.
  • Urad Dal: May continue to decline unless demand strengthens.