India, Dec. 6 -- Urad cash market lends support due to non-clearance of imported stock at ports like Kolkata, Mumbai and Chennai. Stockiest too restricted selling. Demand is normal. Prices may move further up if Nafed delays release of urad from central pool stock. Nafed has around 2lakh MT stock and may restrict uptrend by releasing it. Kharif crop size is lower by 30 to35%.However,rabi sowing is on right track. Quota of import might be increased if prices continue to move up.
Published by HT Digital Content Services with permission from AgriWatch....