India: Prices of tur, chana, and urad dals likely to soften from July on good monsoon, higher imports

Published 2024년 6월 14일

Tridge summary

Union Consumers Affairs Secretary Nidhi Khare announced that the prices of tur, chana, and urad dals are expected to decrease starting July due to anticipated good monsoon rains and increased imports. The government also plans to increase imports of these pulses to increase domestic supply. Additionally, the demand for potatoes has increased due to increased heatwave affecting the harvest of green vegetables. The government has started procurement of onions for buffer stocks and is also working on extending the shelf life of onions through cold storage and irradiation process.

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Original content

New Delhi, Jun 14 (PTI) Prices of tur, chana and urad dals are likely to soften from next month helped by expectations of a good monsoon and increased imports, Union Consumers Affairs Secretary Nidhi Khare said on Friday, stressing there is no need for panic. Imports of these three pulses will also increase from next month, she said adding this would help augment domestic supply. On June 13, the average retail price of chana dal was Rs 87.74 per kg, tur (arhar) Rs 160.75 per kg, urad Rs 126.67 per kg, moong Rs 118.9 per kg and masoor Rs 94.34 per kg. The consumer affairs department collects retail prices from 550 major consuming centres. “From July onwards, prices of tur, urad and chana are likely to soften,” Khare said. The secretary noted that weather office has forecast normal monsoon rains. “We are expecting good monsoon, more than average rainfall. We expect area under pulses to improve significantly. Farmers will put more area under crops considering high market prices. ...

Source: Theprint