Tur dal prices rise more than 10% despite open import policy in India

Published 2024년 4월 11일

Tridge summary

In Pune, the price of tur dal has surged by over 10% in less than a month, attributed to supply shortages and hoarding by exporting countries and local importers. The Indian Pulses and Grains Association (IPGA) highlights the role of procurement activities in Gujarat and a domestic production shortfall, especially in Maharashtra and Karnataka, as key factors driving the price increase. With prices in the Latur market jumping from ₹102-104/kg to ₹115-117/kg and retail prices soaring to ₹160-200/kg, the pulses processing industry is advocating for a change in import policy to allow direct imports by processors. The situation is expected to worsen, with prices predicted to climb further until the end of April.

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Original content

Pune: The prices of tur dal have increased by more than 10% in less than a month despite the open import policy. The pulses processing industry has claimed that it is facing supply shortages of raw tur for converting into tur dal.Though the government suspects hoarding by importers, trade body Indian Pulses and Grains Association (IPGA) has pointed towards hoarding by exporting countries and procurement of tur dal by Gujarat as the reasons for the recent surge in tur dal prices.In the Latur market, tur prices have increased from ₹102-104/kg to ₹115-117kg within a month, up by about 12%. Retail consumers are paying ₹160-200 for a kilogram of tur dal.The processing industry says shortage of raw material (the whole unprocessed tur beans, which are split into dal at a mill) and high prices of imported tur have led to the recent surge in prices."The domestic production of tur is less this year, especially in Maharashtra and Karnataka. The import policy should allow the processors of ...

Source: Economic times