Pulse Stock Situation at Ports and Its Impact
09-Sep-2025 01:18 PM
Pulse Stock Situation at Ports and Its Impact
★ According to the above graph, stocks of peas, lentils, and desi chickpeas at the three major ports—Mundra, Hazira, and Kandla—are continuously declining.
★ The reason for the decline is lower imports over the past three months.
★ Imports of desi chickpeas, peas, and lentils will begin after October, which will help increase stock levels at the ports.
★ I-Grain India believes that imports may decline further in August, September, and October.
★ Compared to April 2024, international prices of all pulses fell sharply by August 2025.
★ In April 2024, the average CNF price of peas was $530, which dropped by $180 to $350/ton to August.
★ Lentil prices also fell during this period from $760 to $560/ton, while chickpeas declined from $925/ton to $550/ton.
★ Tur (pigeon pea) prices also dropped significantly—from $1,440 in July 2024 by about $740, reaching $700 in August.
★ Urad FAQ fell from $1,280 to $780, while SQ declined in the same proportion.
★ Considering the current weather conditions, production in the ongoing Kharif season may remain below 3 million tons for tur, 1 million tons for urad, and 1.5 million tons for moong.
★ Exporters, too, are worried about losses at low prices, which is clearly affecting imports.
★ According to I-Grain India, lower imports of desi chickpeas, peas, and lentils could lead to further price recovery.
★ Tur imports from Africa have already begun, reducing the chances of any immediate price rise in tur, though the actual situation will depend on rainfall.
★ On the other hand, urad prices may increase further due to lower imports and weather conditions.