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Data Date: May 1, 2025
๐ Region: North India (Delhi, Punjab, Haryana, Uttar Pradesh)
๐ Price Trends Overview
Wheat
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Current Mandi Price: ₹3,000/quintal in Delhi
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MSP: ₹2,425/quintal
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Trend: Prices are approximately 24% above MSP, reflecting strong demand despite a projected record harvest of 115.43 million tonnes for the 2024-25 season. Reuters+7ChiniMandi+7India Today+7
Basmati Rice
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Pusa 1121: ₹4,000–4,600/quintal
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Pusa 1509: ₹3,500–3,700/quintal
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CSR-30: ₹6,000–6,700/quintal
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Trend: Prices have increased compared to last year, driven by the government's reduction of the minimum export price (MEP) to $950/tonne, boosting export prospects. The Financial Express+1Rice News Today+1Reuters+3Rice News Today+3The Financial Express+3
Paddy (Non-Basmati)
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Price Range: ₹2,200–3,661/quintal across various mandis
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Trend: Prices vary by region, with Bundi Mandi in Rajasthan recording the highest rates. The Financial Express+7CMV360+7The Hindu Business Line+7
Pulses
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Retail Prices:
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Tur (Arhar): ₹160/kg
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Urad: ₹120/kg
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Chana: ₹90/kg
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Trend: Retail prices remain high despite a 5–20% decline in mandi prices over the past two months, attributed to lower output and robust demand. Rice News Today+4The Financial Express+4The Financial Express+4
Mustard
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MSP: ₹5,950/quintal
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Average Mandi Price: ₹5,281/quintal
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Trend: Prices are approximately 7% below MSP, with farmers in Rajasthan receiving around ₹5,131/quintal. CMV360+6The Hindu Business Line+6India Today+6
Vegetables
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Onions & Tomatoes: Up to ₹70/kg
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Green Vegetables: Around ₹100/kg
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Trend: Prices have surged due to heavy rainfall disrupting supply chains in key producing states. Reuters+6Business & Finance News+6Reuters+6
๐ก Consumer Tips
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Wheat: Consider purchasing in bulk now, as prices are above MSP but may stabilize with the incoming record harvest.
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Basmati Rice: Expect continued high prices due to increased export demand; buy as needed.
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Pulses: Monitor retail prices for potential decreases aligning with falling mandi rates.
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Mustard Oil: Prices may remain stable or decrease; consider stocking up.
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Vegetables: Opt for seasonal and locally available produce to mitigate high prices.ReutersRice News Today+5The Financial Express+5The Financial Express+5
๐ Summary
This week, North India's staple food prices show mixed trends. Wheat and basmati rice prices are elevated due to strong demand and export dynamics. Pulses remain costly at retail despite lower mandi prices, while mustard prices are below MSP. Vegetable prices have spiked owing to weather-related supply disruptions. Consumers are advised to plan purchases accordingly, considering potential price adjustments in the coming weeks.
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