URAD MARKET IN INDIA

Urad Market in India

The production of urad in India hovers around 1.3 to 1.5 million tons annually. It is approximately 10% of the total pulses produced in India. Madhya Pradesh leads the production figures of this crop in India. Urad’s consumption pattern is quite dispersed as it is used in most of the regions in India. Though the per capita consumption of urad has declined over the years, consumption level of this crop is too high to be fulfilled by the country’s domestic production. That is why it has to rely upon imports from other countries. The countries that export urad to India are

• Myanmar
• Thailand
• Singapore
• Australia

Around 90% of the imports are contributed by the imports from Myanmar and the rest of the countries fill up the remaining gap in the country’s demand & supply. India imports around 35000 tons of black gram and the trend in these imports has been increasing constantly.

Influencing Factors

• Weather conditions in the country
• Hoarding and Black-marketing
• Crop situation in other countries especially Myanmar
• Prices of the other competitive pulses

Major trading centre

In India, urad or black gram is traded at the following trading centers

• Mumbai (Maharashtra)
• Jalgaon (Maharashtra)
• Latur (Maharashtra)
• Akola (Maharashtra)
• Nanded (Maharashtra)
• Dhulia (Maharashtra)
• Indore (Madhya Pradesh)
• Bhopal (Madhya Pradesh)
• Vidisha (Madhya Pradesh)
• Sagar (Madhya Pradesh)
• Jhansi (Madhya Pradesh)
• Delhi
• Chennai
• Kanpur (Utar Pradesh)
• Hapur (Uttar Pradesh)
• Hatras (Uttar Pradesh)
• Ganjdhundwada (Uttar Pradesh)
• Aligarh (Uttar Pradesh)
• Hydrabad (Andhra Pradesh)
• Vijaywada (Andhra Pradesh)
• Gulbarga (Karnataka)
• Sirsa (Haryana)
• Jalandhar (Punjab)
• Ludhiana (Punjab)
• Sangrur (Punjab)
• Madosa (Gujarat)
• Himmatnagar (Gujarat)
• Talod (Gujarat)
• Rajkot (Gujarat)
• Junagarh (Gujarat)

Urad is also traded at the various commodity exchanges in India namely 

National Commodity & Derivatives Exchange ltd

Multi Commodity Exchange of India ltd 

National Multi Commodity Exchange of India ltd.