India pigeon pea imports from top supplier Mozambique are delayed, lifting prices

Published 2023년 11월 8일

Tridge summary

Approximately 150,000 metric tons of pigeon peas destined for India are currently stuck at ports in Mozambique due to delays in export permission from customs. The delay has caused the price of pigeon peas in India to increase by nearly 10% in two months, exacerbating food inflation before upcoming elections. Some exporters have managed to obtain export permits, allowing them to ship 50,000 tons of pigeon pea to India, but the situation remains unresolved, leading to concerns of India's food security being compromised.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

At least 150,000 metric tons of pigeon peas bound for India are held up at ports in Mozambique awaiting export permission from customs despite multiple requests from sellers over the past few weeks, five industry officials said on Wednesday. The delay in shipments has pushed up prices of the protein-rich staple, known in India as arhar or tur, used to make daal curry in the peak-consumption festive season. “Stocks are currently held in port-based warehouses and sellers are incurring huge storage and re-fumigation costs,” said Suhas Chougule, managing director at MozGrain Lda, a local subsidiary of Ma’aden Saudi Arabia, based at Beira, Mozambique. “Despite having all the necessary export documents per law, our 200 containers are stuck. The customs office in Mozambique is not granting permission nor are they giving any reason.” The delay has lifted wholesale prices in India by nearly 10% in two months as stocks diminish during the lean supply season, adding to food inflation ahead ...

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.