Lentil Market Dynamics: Navigating Through Price Fluctuations and Supply Constraints

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📊 Lentil Market Dynamics: Navigating Through Price Fluctuations and Supply Constraints

Last month, the lentil market experienced significant volatility, particularly in the urad segment, characterized by a sharp downturn due to weak customer demand despite limited stock availability. As traders and millers navigate through these challenging conditions, the market sees a mix of stable procurement costs and rising future prices, suggesting a cautious optimism for stabilization.


📈 Current Market Prices

Type Price ($/kg) Previous Price ($/kg) Change (%)
Red Football 2.47 2.46 +0.41%
Laird, Green 1.63 1.62 +0.62%
Eston Green 1.50 1.49 +0.67%
Small, Green (Organic) 1.47 1.49 -1.34%
Small, Green 1.33 1.36 -2.21%

📉 Market Drivers

  • Weak demand for split dal significantly impacted urad prices.
  • Speculative activities are influencing market confidence and price stability.
  • Stock depletion with no immediate domestic arrivals expected.

🌦️ Weather Forecast & Impact

Upcoming weather conditions in major lentil-producing regions like Madhya Pradesh are expected to be favorable, which might support the crop’s growth but could delay market recovery if yields are high.

Mintec Global

🔮 Price Forecast

Given the current market dynamics, prices are expected to fluctuate within a narrow range. Speculative activities and the upcoming crop reports will be crucial in setting the trend.