MUMBAI (Commoditiescontrol) – Burma Urad remained weak by Rs 25/100Kg at Mumbai pulses market on Saturday, as millers were less interested to purchase amid liquidity crunch and slow offtake in processed Urad.
Buying from Wholesaler/retailers in Urad dal witnessed slack as they were getting resale Urad dal at lower rates.
Buyers were also sidelined as Customs is yet to issue clearance to containers of urad which was imported against the stay order. This matter is already in Jaipur High court and next hearing will take place on 16th December.
As per trade sources despite crop failure in Urad, there is currently sufficient supply of domestic and imported Urad and this can be seen from the fact that Urad has corrected sharply from recent highs.
Arrivals of new Urad witnessed at Rayalseema, Kurnool and Krishna district in Andhra Pradesh.
Spot Raw Black Matpe ( Urad ) Prices In Key Indian Markets:
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(By Commoditiescontrol Bureau: +91-22-40015513)
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