Login ID:
Partner Login
Contact Us : 7066511911

Marriage Demand Lifts Urad, Moong in Indore

28 Nov 2020 6:37 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

Indore (Commoditiescontrol) : With the commencement of marriage season, demand in urad and moong has risen sharply in Indore mandis, leading to steep rise in its prices in the past few days.

In the past three days, urad in Indore mandis has gained Rs 300 a quintal with demand outstripping availability. On Friday, urad (bold) in Indore mandis rose to Rs 7300-Rs 7800 a quintal, while urad (medium) was quoted at Rs 5800-Rs 6300 a quintal.

In Neemuch mandi, urad (bold) ruled at Rs 6430-Rs 6950, while urad (medium) was quoted at Rs 4000-Rs 5752 a quintal.

Weak availability and improved physical demand in best quality moong also lifted moong in Indore mandis in the past two days by Rs 200 with moong (bold) here today rose to Rs 7500-Rs 7800, while moong (average) was quoted at Rs 5500-Rs 6500 a quintal.

Chana also gained Rs 59 at Rs 5059 a quinta in Indore mandis amidst improved buying support at lower rate.

Weak demand on the other hand dragged masur by Rs 25 at Rs 5175- Rs 5200 a quintal. In Neemuch mandi masur (bold) ruled at Rs 5000-Rs 5225, while masur (medium) ruled at Rs 4300-Rs 4810 a quintal.

Tur (Maharashtra) ruled stable at Rs 6200 a quintal on subdued demand, while tur (Nimari) was quoted at Rs 5000-Rs 5700 a quintal. Given availalibity of imported tur and arrival of new crop in Maharashtra and Karnataka mandis, future of tur appears bearish in Indore.

(By Commoditiescontrol Bureau; +91-22-40015513)

  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 Rated

   Post comment
Comment :

Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy.
Name :  
Email :  

Top | Post Comment  

Latest Market Commentary
Mustard Seed, Oil Fell Down As New Arrival Begins, Tota...
Mustard seed, oil steady today after consistent price r...
U.S. Soybean Export Sales Over Doubled to 18,17,700 MT ...
India Rabi Oilseeds Sowing Up by 5.34% As On Jan 22 At...
Soy Complex Soybean Oil (CBT) Signs of a Positive R...
Top 5 News
NAFED Approved 8623 MT Tur (K-2019) In Karnataka At Rs ...
India Barley Sowing Progress As On January 21
India Maize Sowing Progress As On January 21
India Jowar Sowing Progress As On January 21
India Wheat Sowing Progress As On January 21
Top 5 Special Reports
Weekly: Cotton#2 Posts Fourth Straight Weekly Rise amid...
Weekly: NY Sugar Slips Sub-16 Cents as Fund-Buying Fren...
USD/INR (Jan 21) Weak Price Trend / Next Target at 7...
USD/INR (Jan 21) Weak Price Trend / Next Target at 7...
USD/INR (Jan 21) Weak Price Trend / Next Target at 7...
Copyright © CC Commodity Info Services LLP. All rights reserved.