Urad prices have moved sharply higher, with the pulse emerging as one of the strongest gainers in the market. The rise has been driven by tighter availability, firmer rates in origin markets and a recovery in demand, according to the market trend indicated in the report.
The price increase is estimated at about 20%, reflecting growing concern over near-term supplies. Traders are also watching wholesale mandi trends closely as urad, or black matpe, continues to lead the upward movement among pulses.
Another factor supporting prices is uncertainty around the monsoon. Concerns over deficient rainfall have raised fears that kharif sowing could be affected, which in turn may limit future arrivals and keep sentiment firm in the pulse market.
With supply remaining constrained and weather risks still in focus, urad is likely to stay sensitive to changes in sowing conditions and demand patterns. The broader pulses market is also expected to track these developments as participants assess availability in the months ahead.
