Weekly Review - Urad (Black Gram)

Chennai. Urad prices have remained on a downward trend throughout the current week, driven by weak demand from pulse mills in the domestic market and a decline in prices in Burma. The drop in international market prices has negatively affected sentiment in the domestic market. Meanwhile, continued selling by stockists and limited buying by pulse millers have intensified pressure on the market. Due to sluggish offtake, pulse mills are currently purchasing raw material only to meet their immediate requirements. As there has been no expected improvement in the demand for pulses, millers are refraining from large-scale procurement. Consequently, buying support in the market remains weak, limiting the scope for any price recovery. In the Saharanpur region of Uttar Pradesh, the pressure from the arrival of new-season Urad has begun to mount. An increase in the arrival of the new crop is expected to boost supply in the local market. Should this arrival pressure intensify without a corresponding improvement in demand from pulse millers, prices could face further downward pressure. Due to increased selling by importers and persistent weak demand, Urad prices in Chennai fell by Rs 100–200 per quintal this week, with FAQ (Fair Average Quality) Urad settling at Rs 9,300 per quintal and SQ (Special Quality) Urad at Rs 9,800 per quintal.

Driven by increased selling by exporters and weakening export demand, prices for Burmese Urad declined by $10 per tonne for FAQ and $20 per tonne for SQ during the current week. By the end of the week, the price for FAQ Urad stood at $920 per tonne, while SQ Urad was priced at $990 per tonne.

Due to a decline in port arrivals and sluggish demand, Urad (black gram) prices in Delhi fell by Rs 150 per quintal this week. By the end of the week, prices stood at Rs 9,750 per quintal for FAQ (Fair Average Quality) and Rs 10,050 per quintal for SQ (Special Quality).

Driven by consistent availability in producing-region markets and weak demand, Urad prices in Madhya Pradesh saw a decline of Rs 100–200 per quintal this week. By the weekend, prices were as follows: Jabalpur Rs 5,000–9,200, Kareli Rs 5,561–7,825, Damoh Rs 6,000–8,000, Ashoknagar Rs 4,000–6,500, Ganjbasoda Rs 4,500–7,500, and Indore Rs 6,500–9,000 per quintal.

Weak buying interest led to a decline of Rs 200–300 per quintal in Urad prices across Maharashtra this week. By the weekend, prices stood at Rs 9,800 in Akola, Rs 8,000–10,300 in Latur, Rs 7,800–9,600 in Jalgaon, Rs 8,500–9,000 in Barshi, and Rs 7,500–9,500 per quintal in Ahmednagar.

Reflecting a broader downward trend and persistent weak buying, Urad prices in the Krishna District and Vijayawada fell by Rs 100–200 per quintal this week. By the weekend, prices were Rs 9,600 per quintal in the Krishna District and Rs 9,800 per quintal in Vijayawada. Similarly, prices of *urad* (black gram) in Rajasthan saw a decline of ₹200–300 per quintal this week; by the end of the week, prices stood at ₹7,900–8,900 per quintal in Jaipur and ₹6,000–8,000 per quintal in Kota.

Due to the decline in *urad* prices and sluggish demand, the prices of *urad dal* also recorded a drop of ₹100–200 per quintal this week. By the end of the week, prices were ₹11,400–12,350 per quintal in Delhi, ₹11,200–12,500 in Bhatapara, ₹12,900 in Jalgaon, ₹10,100–11,100 in Meerut, and ₹11,600–12,600 in Vijayawada.