Prices of Urad Rise Due to Crop Damage and Increasing Demand Worldwide

Urad (black matpe) prices have surged due to crop damage in Tamil Nadu and Andhra Pradesh, declining acreage, and adverse weather conditions. A 25% drop in kharif output and increased export prices from Myanmar have tightened supplies in the domestic market. Karnataka and other regions have reported poor quality and reduced yields, exacerbating the situation….

Read More

Prices of aluminium fall as output and supply pressures increase

Aluminium prices dropped by -0.53% at ₹243.35 due to rising output in China and Asia’s tightening supply. In November, Chinese aluminium production increased by 3.6% YoY, reaching 3.71 million metric tons. However, high alumina costs and environmental control measures are affecting smelters. China’s aluminium exports reached nearly 5.5 million tons in the first ten months…

Read More