Chennai: A downward trend persisted in the Urad market throughout the current week. The market remained under constant pressure due to increased selling activity and sluggish consumer demand, resulting in a softening of prices. Demand for Urad dal remained relatively weak, which, in turn, kept purchasing activity by dal millers limited. Reduced buying by millers impacted the consumption of Urad, leaving the market without any significant support. Amidst ample availability at the ports, the continued lack of demand intensified supply-side pressure, thereby maintaining constant downward pressure on prices. According to I Grain India, the pressure on Urad prices is likely to persist until there is an improvement in the demand for pulses. Driven by increased selling pressure from importers and sluggish demand, Urad prices in Chennai recorded a decline of ₹100–175 per quintal this week; following this drop, prices settled at ₹8,000 per quintal for FAQ (Fair Average Quality) grade and ₹8,575 per quintal for SQ (Superior Quality) grade. Similarly, Urad prices in Mumbai witnessed a decline of ₹150 per quintal this week, bringing the rates down to ₹8,000 per quintal by the weekend.

Due to sluggish buying and selling activity, a decline of ₹50–100 per quintal was observed in Madhya Pradesh Urad prices during the current week. Following this decline, prices at the week's end stood at ₹5,000–8,400 per quintal in Jabalpur, ₹6,900–8,100 in Kareli, ₹6,000–7,450 in Damoh, and ₹6,500–8,500 in Indore.

Due to continued weak demand from stockists and pulse millers, a decline of ₹100 per quintal was recorded in Maharashtra Urad prices this week. By the end of the week, prices settled at ₹8,550 per quintal in Akola, ₹4,000–7,100 in Latur, ₹7,000–7,900 in Jalgaon, ₹5,000–7,000 in Barshi, and ₹4,500–7,500 in Ahmednagar.

Due to persistent weak buying, a softening of ₹100–150 per quintal was recorded in Urad prices in the Krishna District and Vijayawada this week. With this decline, prices at the week's end stood at ₹8,050 per quintal in the Krishna District and ₹8,150–8,200 in Vijayawada. Similarly, a downturn of ₹200 per quintal was also observed in Kota Urad prices this week, with prices settling at ₹5,000–8,100 per quintal by the end of the week.

Reflecting the decline in Urad prices—driven by weakening demand—Urad Dal prices witnessed a drop of ₹100–200 per quintal this week. By the end of the week, prices settled at ₹9,900–11,250 per quintal in Delhi; ₹9,700–10,800 in Bhatapara; ₹11,300–11,350 in Jalgaon; ₹9,000–9,900 in Meerut; and ₹9,800–13,600 in Indore.