Weekly Review-Lentil
15-Mar-2025 08:08 PM
Lentil prices fall due to increasing pressure of arrivals
Key Developments
Price Decline Due to Increasing Arrivals
- A steady rise in new lentil arrivals in Madhya Pradesh and Uttar Pradesh has led to downward pressure on prices.
- Favorable weather has ensured a good crop yield, further increasing availability.
- Weak demand from lentil dal millers has kept purchasing activity limited.
Stock and Importer Selling Pressure
- As of March 10, 2025, Indian ports held 1,86,434 tonnes of red lentil stock.
- Higher port availability and increasing domestic supply have led importers to sell aggressively, further pressuring prices.
Imported Lentil Prices Decline
- Importer selling pressure and weak demand have caused a price decline of ₹100–₹175 per quintal this week.
- Weekend imported lentil prices:
- Mundra: ₹5,950 per quintal
- Hazira: ₹6,050–₹6,100 per quintal
- Container Canada: ₹6,200 per quintal
- Australia: ₹6,200–₹6,250 per quintal
- Kolkata Market:
- Canada: ₹6,050 per quintal (₹50–₹75 decline)
- Australia: ₹6,125 per quintal (₹50–₹75 decline)
Domestic Lentil Prices Decline Across Key Markets
Delhi Market:
- ₹50–₹100 per quintal drop due to stockist selling pressure and weak demand from dal millers.
- Weekend prices:
- Small Quota: ₹6,225 per quintal
- Bundi: ₹6,550 per quintal
- Uttar Pradesh: ₹6,600 per quintal
- Desi Badi: ₹6,325 per quintal
Madhya Pradesh Market:
- ₹100–₹200 per quintal drop due to increased new crop availability and weak buying.
- Weekend prices:
- Ashoknagar: ₹5,600–₹5,800 per quintal
- Bina: ₹5,600–₹6,000 per quintal
- Sagar: ₹5,400–₹5,900 per quintal
- Damoh: ₹5,500–₹6,200 per quintal
- Indore: ₹6,050–₹6,075 per quintal
- Kareli: ₹5,300–₹6,150 per quintal
- Katni: ₹6,275–₹6,300 per quintal
Uttar Pradesh Market:
- ₹100–₹250 per quintal drop due to selling pressure and weak demand.
- Weekend prices:
- Bareilly Chhoti: ₹6,300 per quintal
- Moti: ₹7,000–₹7,050 per quintal
- Kanpur: ₹6,425–₹6,450 per quintal
- Lalitpur Moti: ₹6,350 per quintal
- Lalitpur Chhoti: ₹5,600–₹5,700 per quintal
- Orai: ₹5,000–₹5,750 per quintal
Stable Lentil Prices in Bihar and Raipur
- No price change due to normal demand.
- Bihar Market:
- Barh, Khusrupur, Mokama: ₹6,600 per quintal
- Mokama: ₹6,500 per quintal
- Raipur Market:
- ₹6,300 per quintal
Masoor Dal Prices Remain Stable
- No price fluctuations due to sluggish demand.
- Weekend prices:
- Indore: ₹7,400–₹7,600 per quintal
- Barh: ₹7,600–₹7,900 per quintal
- Khusrupur: ₹7,500–₹7,800 per quintal
Market Outlook
- Prices are likely to decline further due to rising supply and weak demand.
- Importer selling pressure and high stock levels at ports will keep prices under pressure.
- Stabilization will depend on export opportunities, government procurement, and domestic demand recovery.