New Delhi, March 04 (Commodities Control): Masur prices have continued their upward trajectory in several markets, primarily influenced by adverse weather conditions in Madhya Pradesh and Uttar Pradesh—two major Masur-growing states in India. The persistent poor weather in these significant cultivation regions is anticipated to result in delays in domestic Masur arrivals, consequently supporting and driving up domestic Masur prices.
Poor weather conditions, including hail in the Masur-growing regions of Madhya Pradesh, are causing disruptions to the harvest and raising concerns about potential crop damage. These weather anomalies are expected to contribute to delays in Masur arrivals, impacting the overall supply.
The delayed harvest, coupled with weather-related challenges, is likely to keep Masur arrivals low. This scenario could persist until the weather stabilizes and allows for a more regular harvesting process.
Ongoing and consistent demand for Masur, both domestically and internationally, is playing a significant role in sustaining the upward trend in Masur prices. The combination of constrained supply and robust demand is supporting the bullish market sentiment.
Spot Masur Prices In Key Indian Markets:
(By Commoditiescontrol Bureau; +91-9820130172)
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