Urad prices down in Akola on muted domestic demand

Prices of urad down in Akola, owing to muted demand from domestic dal millers and stockists coupled with a rise in arrivals. Area under urad crop across the country 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. In Akola, fair average quality of urad sold down 50 rupees. Arrivals of urad 300 tn vs 200 tn.