Weekly Outlook
Tur prices seen up short term on strong demand from millers - pulses body
This story was originally published at 13:07 IST on 10 February 2025
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MUMBAI - Tur prices are expected to rise in the short term due to strong demand from millers who have exhausted their pipeline stocks, according to the India Pulses and Grains Association's weekly market outlook. "Millers are buying for crushing and need raw materials to fulfil dal commitments due to forward contracts," the association said.
Government procurement in Karnataka is also expected to support prices, the trade association said. In addition, lower arrivals of high quality tur and reduced stocks of Burma tur are contributing to price increases. A weaker rupee is also making tur imports more expensive. The association also highlighted that high-quality tur imported from Africa is running low.
Prices are expected to fall once millers meet their requirements, according to the association. During the week ended Saturday, desi tur prices rose in major producing centres as millers bought for crushing. Arrivals slowed across all mandis, as farmers are unwilling to sell at lower prices and are busy with chana harvesting, the association said .
Prices of Burma-origin lemon variety of tur have increased due to a limited supply of new stock and low stock of older ones. This week mills have also bought good quality Africa-origin tur due to dwindling stocks and limited sales, the association noted.
Prices of tur in Akola, Maharashtra, rose INR 200 per 100 kg from the previous week to INR 7,525-INR 7,550, the India Pulses and Grains Association said. End
Reported by Taniva Singha Roy
Edited by Subhojit Sarkar
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