Urad (black matpe) prices have surged due to crop damage in Tamil Nadu and Andhra Pradesh, declining acreage, and adverse weather conditions. A 25% drop in kharif output and increased export prices from Myanmar have tightened supplies in the domestic market.
Karnataka and other regions have reported poor quality and reduced yields, exacerbating the situation. Global markets, including Brazil and Russia, are stepping in to fulfill the shortfall, but the supply remains limited until the next kharif harvest in October 2025.
Myanmar has raised export prices to India and Pakistan, with superior quality black matpe fetching $1,085-1,105 per tonne. Imports from Brazil and Russia are set to meet demand gaps.
The domestic demand remains high, with India needing approximately 2.5 lakh tonnes of urad monthly. The country’s requirement until the kharif harvest next October is expected to exceed 25 lakh tonnes, while supplies are estimated to be around 16 lakh tonnes.