Urad: unlikely to increase much - 09 June, 2016

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About 58 containers of urad landed at Navsewa port from Myanmar. In UP, desi urad held strong at Rs 11500 / 11600 due to thin arrivals. While urad brought by farmer is being quoted at Rs 9800 which was at Rs 9500 in the last few days.
This is why urad in Delhi registered a high of Rs 400 which pegged SQ at Rs 11600 / 11700 and FAQ at Rs 11100. Seeing weak sale of dal, it is not expected to jump over Rs 200. So, the stock should sell at the current price.

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