Arhar, urad spurt on stockists buying

Prices of arhar and urad climbed Rs 500 per quintal at the wholesale pulses market today on persistent buying by stockists, triggered by tight supplies from producing regions against rising demand.
Marketmen said increased buying by stockists and retailers to meet strong demand against paucity of stocks, mainly led to persistent rise in arhar and urad prices.
Meanwhile, government will import another 2,000 tonnes of pulses as part of its efforts to bring down prices.
This will be in addition to 5,000 tonnes lying at the ports and another 2,000 tonnes of pulses that are in transit.
" A series of measures, including imports of pulses announced by the government, failed to curb spiralling pulses prices", said a trader at the wholesale market adding that there was a wide gap in demand and supply in the market.

In the national capital, arhar and its dal dara variety remained in demand and gained another Rs 500 each to Rs 12,000-12,400 and Rs 13,600-13,800 per quintal, respectively.
Urad and its dal chilka local also rose by Rs 500 each to Rs 9800-10,900 and Rs 10,900-11,100 per quintal respectively.
Urad dal best quality and dhoya followed suit and enquired higher by a similar margin to Rs 11,000-11,600 and Rs 11,400-11,600 per quintal, respectively.