Indian Lentil Prices Climb As Costlier Imports

Indian lentil prices are showing signs of further strengthening, driven by tightening supplies and higher global import costs. With no major arrivals expected soon and most domestic inventories already consumed, the market tone has turned clearly bullish.

Recent import deals from Canada and Australia have become more expensive, now costing USD 15–20 per tonne more than earlier, making it harder for traders to maintain margins.

Harvesting is complete in key producing states like Madhya Pradesh, Rajasthan, Bihar, and Uttar Pradesh. However, nearly 50% of imported lentils have already been used, and yields in some parts of Uttar Pradesh dropped due to hot winds during the ripening phase.

Regional Supply Snapshot

Imported Lentil Pricing (as of March 2025)

Imported lentils arriving at Mundra Port for Feb–March are now priced higher, and with a 10% import duty recently applied, the landed cost is pushing even higher. Most of the remaining imported stock is held by large players, who are reluctant to release it into the market quickly.

Supply-Demand Mismatch

India produced around 1,6 million tonnes of lentils in the previous season, while annual consumption is estimated at 2,8 million tonnes. With a gap of over 1 million tonnes, and most of Canada’s harvest already sold, pressure on prices is expected to continue.

Market Recommendation

Given the current cost pressure and thinning supplies, traders are advised to continue buying at current price levels. A further increase in lentil prices appears likely in the coming weeks as availability remains tight and demand stays firm.