Wait...
  1. Home >
  2. Export Import News >
  3. Economy News >
  4. Tur dal turns expensive as India, global demand rises >
  5. Tur dal turns expensive as India, global demand rises

Online Export Import Data Search

Complete Training Video : Click Here

Tur dal turns expensive as India, global demand rises.


Date: 16-05-2019
Subject: Tur dal turns expensive as India, global demand rises
Pune: Domestic as well as the international prices of tur have started moving upward as demand grew in India amid declining availability and concerns over monsoon rainfall. 

Myanmar will harvest its tur crop in June and has started quoting higher prices as the demand and prices of tur have been moving upward in India. The Indian government has allowed import of 1.75 lakh tonnes of tur from Mozambique and will issue licences to dal millers for import of an additional 2 lakh tonnes of tur. 

Wholesale prices of whole tur have crossed the minimum support level set by government after a gap of 2.5 years. Presently, price of whole tur is ruling at about Rs 58/kg in Latur in Maharashtra, while the ex-mill price of tur dal (made by splitting whole tur) are ruling at about Rs 85/kg. Retail tur dal prices have already crossed the Rs 100/kg benchmark. Earlier, tur dal prices had briefly touched Rs 100/ kg in 2009, while they had ruled above Rs 200/kg in retail for a few months in 2015. 

Myanmar and a few African countries are the only producers of tur apart from India. The availability of tur from African countries has declined as India had put import restrictions. “Lower sowing in the last kharif season, restrictions on imports and concerns over the next season’s monsoon have driven prices of most pulses upward by Rs 7/kg to Rs 8/kg during the last month,” said Nitin Kalantry, a Latur-based dal miller. Flow of imports and sale of stocks held by the government’s procurement agencies will help the price of pulses to remain range bound. Suresh Agrawal, president, All India Dal Millers Association said, “We expect imported pulses to come to India in two months. If imports are delayed, then there could be some impact on domestic prices of pulses.” The course of next monsoon will prove to be decisive factor influencing prices of pulses. The Meteorological Department has forecast delay of 5 days in onset of monsoon over Kerala. Private forecaster Skymet has forecast delayed below normal rainfall in Marathwada and Vidarbha, key areas growing kharif pulses in India.  

Source: economictimes.indiatimes.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 16-05-2019
Notification No.37/2019 - Customs (N.T.)
Exchange Rates Notification No.37/2019-Custom(NT) dated 16.05.2019

Date: 15-05-2019
Notification No. 36/2019-CUSTOMS (N.T.)
Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver- Reg

Date: 15-05-2019
Trade Notice No. 14/2015-2020
Three months time window for applying for MEIS for shipping bills with HS Codes which were harmonized and notified under MEIS Appendix 3B, Table 2 after a delay

Date: 15-05-2019
Policy Circular No. 23/2015-20
Non-requirement of submission of Hard copy of application at RAs for issue of Advance Authorisation (AA) & EPCG Authorisation

Date: 15-05-2019
ECA Circular No. 24
Administrative Review of Adjudication Orders passed by subordinate officers - regarding.

Date: 14-05-2019
TRADE NOTICE NO. 13/2019-20
Imports of Maize (feed grade) under the TRQ Scheme for 2019-20.

Date: 14-05-2019
Notification No. 15/2019-Customs
Seeks to further amend notification No. 50/2017-customs dated 30th June 2017 to postpone the implementation of increased customs duty on specified imports originating in USA from 16th May, 2019 to 16th June, 2019.

Date: 13-05-2019
TRADE NOTICE NO. 12/2019-20
Discontinuing submission of physical copy of RCMCs with effect from 1.7.2019 while filling application for incentives/entitlements under FTP

Date: 13-05-2019
Notification No. 20/2019-Customs (N.T./CAA/DRI)
Appointment of CAA by Pr. DGRI-reg.

Date: 13-05-2019
Notification No. 21/2019-Customs (N.T./CAA/DRI)
Appointment of CAA by Pr. DGRI-reg.



Exim Guru Copyright © 1999-2019 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o Infodrive India
E-2, 3rd Floor, Kalkaji Main Road
New Delhi - 110019, India
Phone : 011 - 40703001