Urad prices down in Akola on muted domestic demand.

Prices of urad down 50 rupees in Akola owing to muted demand from domestic dal millers and stockists coupled with a rise in arrivals. Arrivals in Akola 300 tn vs 200 tn. Area under urad crop for 2017-18 kharif season is over 39,000 ha as of June 7, up 8.3% on year, which is also creating bearishness in the market.