iGrain India - Nagpur. Due to the high prices of almost all the food products required for the kitchen, the difficulties of the common people are increasing and their budget is also becoming unbalanced.
The price of wheat and its products, pulses and sugar is already at a very high level, while now mustard oil has also increased.
The price of rice is not coming down. The peak season of wheat supply is still going on, but still its price remains at a high level.
It is understood that due to less monsoon rains in the year 2023, the production of almost all major crops was affected.
This created a huge imbalance between demand and supply and a series of rise and rise in prices started which is still continuing.
Due to limited supply of gram, urad and tuvar in the international market (exporting countries), there is difficulty in increasing its import.
As far as wheat and sugar are concerned, of course there is a ban on its commercial export, but it is also not being imported from abroad.
According to experts, big producers are trying to hold the stock of wheat and gram, due to which its supply in the markets is limited.
The production of both these crops has also been much less than the government estimate. Sowing of tur and urad for the Kharif season is about to start, while its new goods will start coming after four-five months and even then there will be no guarantee of a fall in prices because the tendency of holding stock is increasing among the producers.
The government purchase of wheat has fallen far behind the set target and its previous outstanding stock in the central pool was also very less. As a result, there is no pressure on the market price.
In many other states of the country including Maharashtra, the retail price of tur dal has been around Rs 200 per kg for the last several months, while now the retail price of chana dal has also reached close to Rs 100 per kg. The ex-mill price of chana dal recently reached Rs 93 per kg in Indore and Rs 86 per kg in Akola.