Urad Operator Report

#1
Trader buy all Desi URAD contracts and forget it till expiry.
Reports are coming out from Jalgav that we will se new rates of Urad in the range of 3700-4200.
Reason almost nil arrivals in Maharashtra and jalgav current spot now moving around 3900.
So any blind man will buy 900 Rs discount of black gold.

views welcome.
 
#4
Trader buy all Desi URAD contracts and forget it till expiry.
Reports are coming out from Jalgav that we will se new rates of Urad in the range of 3700-4200.
Reason almost nil arrivals in Maharashtra and jalgav current spot now moving around 3900.
So any blind man will buy 900 Rs discount of black gold.

views welcome.
Urad Sep hit 4195 today.
Oct hit 1st target of 3695 almost 3700 :D
So game is going on as par operators planned with roller coster movements. guys keep on booking profits and hold something till expiry.
 
#5
Traders are now convinced that after the crop damages in Mah,soon C&F rates of urad are moving towards 1000$. currently SQ trading around 900$ & FAQ at 850$.
1000$ means cost of import== 5000 rs/quintal.

Chana may take a break around 3300 as Australia offering at 600$ costing around 3000 rs dec-jan delevery. Thats y thers a discount in futures.
 
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