Near-term Outlook
High arrivals of kharif crop to keep tur prices under pressure - pulses body
This story was originally published at 13:51 IST on 13 January 2025
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MUMBAI – Prices of tur are likely to remain under pressure in the near term as arrivals of the kharif crop may increase, especially in Vidarbha, Maharashtra, the India Pulses and Grains Association said in its weekly report on Monday, citing market experts.
Demand is expected to remain low as quality issues in the new crop from Maharashtra and Karnataka, which have a higher moisture content, continue to keep buyers away.
However, the moisture levels in the pulse are expected to improve by the middle term, as arrivals from Vidarbha and other major tur producing states increase, the association said. The rise in arrivals of better quality tur is likely to boost mill purchases and government procurement, stabilising prices, the association said.
The registration of farmers for the procurement of tur has begun in Karnataka, with buying set to begin soon, the association said. The government has sanctioned the procurement of 306,150 tonnes of tur from Karnataka, according to a release by the National Agricultural Cooperative Marketing Federation of India on Dec. 16.
Prices of tur continued to fall in the week ended Saturday due to weak demand from mills and rising arrivals. The demand for tur remained sluggish as its quality in Karnataka did not meet the standard for phatka dal, a popular variety of the pulse, keeping prices low.
Similarly, prices of imported tur from Myanmar remained low in the week ended Saturday, tracking the prices of domestic tur, and due to lower cost and freight prices, the association said. The arrival of the new crop in the country is also expected to lower prices further.
Moreover, prices of tur dal, or processed tur, also fell last week due to weak sales of the dal amid availability of cheaper vegetables.
In the week ended Saturday, tur prices in Kalaburagi, Karnataka, fell by INR 642 to INR 6,400-INR 8,211 per 100 kg, according to the association. In Akola, Maharashtra, prices fell by INR 300 to INR 7,825-INR 7,850 per 100 kg. End
Reported by Shreya Shetty
Edited by Tanima Banerjee
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