Urad defies El Niño threat: prices seen stable as supply to hold up
Amid El Niño concerns, urad is emerging as an outlier this kharif season. Higher domestic sowing and adequate imports from its top markets are expected to keep supplies adequate, helping contain food inflation and preventing sharp price increases for urad-made staples such as idlis and dal makhani.
Despite concerns that El Niño could lead to food inflation by reducing the harvest of kharif crops, including urad, India's supply situation appears stable. The government remains confident that there will be ample supplies of the key pulse, as urad sowing is higher than last year and imports from Myanmar and Brazil are adequate. This stability in prices is expected to help keep the cost of idli, dosa, dal makhani, and papad from rising significantly this year.
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