Kitchen Staples: The prices of kitchen essentials like pulses, wheat and sugar have been rising continuously in May as domestic production lagged due to the deficit monsoon of 2023. Limited availability of chana, urad and tur in the international markets has kept imports sluggish and expensive, while sugar and wheat prices have been ruling firm as the buffer stock has shrunk beyond comfort level.
The prices of kitchen essentials like pulses, wheat and sugar have been rising continuously in May as domestic production lagged due to the deficit monsoon of 2023. Limited availability of chana, urad and tur in the international markets has kept imports sluggish and expensive, while sugar and wheat prices have been ruling firm as the buffer stock has shrunk beyond comfort level.
In Pune, tur dal prices rose by over 10% in less than a month despite an open import policy. The industry cites raw material shortages and hoarding as reasons for the hike.
In Pune, tur dal prices rose by over 10% in less than a month despite an open import policy. The industry cites raw material shortages and hoarding as reasons for the hike.
Wholesale prices of tur dal have increased 5% despite new crops and imports from Myanmar as reduced acreage impacts supply. Retail prices declined due to price control measures, but this led to a fall in unprocessed tur beans prices. Farmers refrained from selling, reducing tur availability. Prices are now recovering. Tur prices have surged due to rising purchases by dal millers.