Prices of pulses soar amid supply crunch and adverse weather
New Delhi, Oct. 13 -- Pigeon pea (arhar) prices are moving towards their 2023-24 highs, when retail prices crossed Rs.200 per kg, as adverse weather, lower supplies and rising import costs push up prices, according to a report by the India Pulses and Grains Association (IPGA). This rise in prices is also being witnessed in other pulses such as black gram and chickpeas as domestic production is expected to fall and a falling rupee is seen pushing up import costs.
Wholesale pigeon pea prices rose sharply in the last week. Prices in the key market of Akola, Maharashtra were Rs.108-108.25 per kg. In Gulbarga region of Karnataka, they reached Rs.103-113 per kg. Prices in these markets rose by Rs.17-19 per kg over the past month in some cases,...
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