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Arhar Dal Prices Rise to Rs 17,500 per Quintal


By Robin Kumar AttriUpdated On: 30-May-24 11:50 AM
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ByRobin Kumar AttriRobin Kumar Attri |Updated On: 30-May-24 11:50 AM
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Arhar dal prices rise to Rs 17,500 per quintal, bringing significant profits for farmers amid strong market demand and limited supply.
Arhar Dal Prices Rise to Rs 17,500 per Quintal
Arhar Dal Prices Rise to Rs 17,500 per Quintal

Key Highlights

  • Arhar dal prices reach Rs 17,500 per quintal.
  • Prices exceed government MSP of Rs 7,000 per quintal.
  • Significant profit opportunity for farmers and traders.
  • High prices are reported in major markets like Mumbai and Shimoga.
  • Potential for future price fluctuations; current rates are favorable.
  • Farmers are advised to stay informed about market trends.

Farmers growing Arhar (Tuar) dal are experiencing a significant boost in their income as the prices of Arhar dal have jumped sharply. In several markets across the country, the price has soared to an impressive Rs 17,500 per quintal. This increase brings a wave of happiness to farmers and traders, especially those who have held onto their stocks, as this price is more than double the government's Minimum Support Price (MSP) of Rs 7,000 per quintal.

Also Read: Mustard and Gram Prices Rise Above MSP

High Prices Across Major Markets

According to the Union Agriculture and Farmers Welfare Ministry's Agmarknet portal, Arhar dal has been fetching high prices in various major markets:

  • Mumbai, Maharashtra: Rs 17,500 per quintal
  • Shimoga, Karnataka: Rs 16,200 per quintal
  • Ramakrishnapur (Howrah), West Bengal: Rs 15,700 per quintal
  • Garbeta (Medinipur), West Bengal: Rs 15,500 per quintal

These prices are significantly above the MSP, reflecting strong demand and limited supply in the market.

Detailed Price List in Major Markets

Maharashtra

The prices of Arhar dal in Maharashtra markets are as follows:

  • Hinganghat, Wardha: Rs 12,905 per quintal
  • Solapur Dudhani: Rs 12,800 per quintal
  • Buldhana Chikli: Rs 12,701 per quintal
  • Akola: Rs 12,660 per quintal
  • Amravati: Rs 12,491 per quintal
  • Dharashiv: Rs 12,451 per quintal
  • Vani, Yavatmal: Rs 12,325 per quintal
  • Ner Parsopant, Yavatmal: Rs 12,270 per quintal
  • Rajura, Chandrapur: Rs 11,700 per quintal
  • Gangakhed, Parbhani: Rs 11,500 per quintal

Gujarat

The prices of Arhar dal in Gujarat markets are as follows:

  • Rajkot: Rs 12,250 per quintal
  • Dhoraji, Rajkot: Rs 11,455 per quintal
  • Jasdan, Rajkot: Rs 11,350 per quintal
  • Jamnagar: Rs 11,350 per quintal
  • Gogamba, Panchmahal: Rs 11,000 per quintal
  • Bagsara, Amreli: Rs 10,525 per quintal
  • Dahod: Rs 10,300 per quintal
  • Kadi, Mehsana: Rs 10,705 per quintal
  • Jambusar (Kavi), Bharuch: Rs 10,000 per quintal

Karnataka

The prices of Arhar dal in Karnataka markets are as follows:

  • Yadgir: Rs 12,762 per quintal
  • Kalaburgi: Rs 12,700 per quintal
  • Bidar Kalyan: Rs 12,742 per quintal
  • Chincholi: Rs 12,100 per quintal
  • Raichur: Rs 12,400 per quintal

Madhya Pradesh

The prices of Arhar dal in Madhya Pradesh markets are as follows:

  • Gadarwara, Narsinghpur: Rs 12,500 per quintal
  • Bareilly, Raisen: Rs 12,905 per quintal
  • Khandwa: Rs 11,900 per quintal
  • Gairatganj, Raisen: Rs 11,500 per quintal
  • Satna: Rs 10,800 per quintal
  • Damoh: Rs 11,210 per quintal
  • Jabalpur: Rs 10,700 per quintal
  • Patan, Jabalpur: Rs 11,900 per quintal

Uttar Pradesh

The prices of Arhar dal in Uttar Pradesh markets are as follows:

  • Kanpur Grain Market: Rs 11,550 per quintal
  • Pukhrayan: Rs 10,070 per quintal
  • Saharpur: Rs 9,830 per quintal
  • Aligarh: Rs 9,650 per quintal
  • Ghaziabad: Rs 9,550 per quintal

Other Markets

The prices of Arhar dal in other markets are as follows:

  • Lalsot, Dausa (Rajasthan): Rs 8,500 per quintal
  • Asansol (West Bengal): Rs 9,765 per quintal

Future Market Trends

Market experts suggest that the current high prices might be the best possible rates for Arhar (Tuar) dal for the foreseeable future. There is a possibility of price fluctuations, so farmers and traders holding onto their crops might find this an ideal time to sell. Daily price changes are common, and it is wise to check the latest rates from local markets before making a sale.

Advice for Farmers

Farmers should stay informed about market trends to maximize their profits and make well-informed selling decisions. The current prices are favorable, but due to the potential for future fluctuations, it is essential to keep a close watch on market conditions and act accordingly.

Also Read: Boost Your Paddy Yield: 50% Subsidy on Improved Seeds

CMV360 Says

The rise in Arhar dal prices has brought a welcome change for farmers, providing them with an opportunity to earn significant profits. With prices soaring in various markets, this is a crucial time for farmers to capitalize on the favorable market conditions.

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