Urad: not much downtrend - 19 May, 2016

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Urad in Delhi market witnessed a loss of Rs 100 which pegged SQ at Rs 12700 and FAQ at Rs 12200 as seeing the report that about 30 containers in cota applied vessels and 8 containers in itol modern vessels landed at Navsewa port. At present, there is no more stock of urad in the pipe line which a downtrend will not come from the suddenly rally, but the market may soften little. So, the stock should be sold at the current price and not need of fear.

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