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Spotlight: Domestic urad prices seen up on low sowing, strong demand

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Spotlight

Domestic urad prices seen up on low sowing, strong demand

This story was originally published at 18:51 IST on September 6, 2024  Back
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The outlook for urad prices in the domestic market is bullish as a decline in crop acreage along with active buying by millers and stockists ahead of the festival season is seen supporting the prices, market participants said. "Urad prices, which were on a downtrend for the last two months are now stable and sudden ups and downs are seen. This may be due to festive demand," Rahul Chauhan, director of IGrain India Pvt Ltd said.

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