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Masur Prices Sustain Uptrend on Reduced Arrivals and Crop Damage

5 Mar 2024 5:31 pm
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New Delhi, March 5 (Commoditiescontrol): Masur prices continue to climb as a result of decreased new crop arrivals. The states of Madhya Pradesh and Uttar Pradesh, major Masur-producing regions, are witnessing crop damage, contributing to the expectation of limited arrivals and bolstering prices.

The severe crop damage inflicted by hail and rainfall during the harvest season is projected to keep arrivals at a minimum. This aligns with the broader market anticipation of diminished supply. The ongoing and steady demand, coupled with the foreseen reduced arrivals, is anticipated to exert further upward pressure on Masur prices.

Spot Masur Prices In Key Indian Markets:




(By Commoditiescontrol Bureau; +91-9820130172)

       
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