No possibility of a sharp increase in the price of pulses for the next few months

07-Nov-2024 12:33 PM

Mumbai. Experts and analysts of the industry-trade sector believe that the domestic market price of pulses has remained soft or stable for the last few months and it seems difficult to see a strong jump in it for the next few months. There is adequate supply of pulses in the domestic sector.

There is already import of tur from East African countries and urad is also being imported from Myanmar along with tur. The new stock of pulse crops in Myanmar is going to start from January 2025.

Although the Central Government has estimated the total production of pulses to decrease by 20 thousand tonnes, expressing the possibility of a huge decline of about 4 lakh tonnes in the production of urad in the current Kharif marketing season as compared to last year, but critics believe that the estimate of increase in the production of Arhar (Tuvar) is very narrow.

Anyway, there was a good increase of 7.4 percent or 9.30 lakh hectares in the total sowing area of ​​​​pulses crops during the Kharif period. Compared to last year, the area sown under Tuvar during Kharif season this year increased by about 14.13 percent to 46.50 lakh hectares,

but the government has estimated its production to be only 35.02 lakh tons, which is only 85 thousand tons more than the estimated production of 34.17 lakh tons of last season.

Some experts believe that the actual production of Tuvar may be more than the government estimate. Generally,

Tuvar crop is being reported to be in good condition in top producing states like Karnataka and Maharashtra, but the President of Karnataka Pradesh Red Gram Growers

Association has said that the condition of the crop in the state looks average and there is very little possibility of increase in its yield rate because the flowering process was interrupted. The plants have also become horizontal.