Tur prices seen steady in near term on low demand from millers - pulses body
This story was originally published at 13:10 IST on 15 April 2025
Register to read our real-time news.Informist, Tuesday, Apr. 15, 2025
MUMBAI - Prices of tur are expected to stay steady in the short term due to weak demand from millers, the India Pulses and Grains Association said in its weekly report on Monday. Millers have reduced their purchases as demand for processed tur, or tur dal, is low due to the availability of cheaper alternatives such as yellow peas.
Demand is also sluggish due to an overall fall in consumption during the summer season. People usually consume less pulses during the summer season as they cause 'heat' in the body. Imports of tur from Myanmar are likely to increase after Wednesday, once the water festival wraps up in the country, putting pressure on domestic prices.
In the medium term, prices of tur will depend on demand and the pace of the government's procurement, which has yet to pick up, the association said. The government aims to buy 500,000 tonnes tur from farmers in the 2024-25 kharif marketing season at the minimum support price to boost the depleted buffer, a media report said on Tuesday. As of Apr. 8, the government procured 308,559 tonnes tur, of which the National Agricultural Cooperative Marketing Federation Ltd. procured 202,895 tonnes and the National Cooperative Consumers' Federation of India Ltd. purchased 105,664 tonnes.
Prices of tur remained low in the week ended Saturday due to weak demand from stockists and millers. Stockists are avoiding purchases even at lower prices, dampening the market sentiment, the association said.
In the week ended Saturday, prices of tur in Akola, Maharashtra, fell by INR 100 per 100 kg from last week to INR 7,500-INR 7,525. Prices of tur in Kalaburagi, Karnataka, fell by INR 143 per 100 kg from the previous week, to INR 6,100-INR 7,516 per 100 kg. End
Reported by Shreya Shetty
Edited by Vandana Hingorani
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd by NSE Data & Analytics Ltd, a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt Ltd.
Informist Media Tel +91 (22) 6985-4000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2025. All rights reserved.
To read more please subscribe
Share this Story:
