The domestic tur (tuvar) market in India is showing signs of improvement after a period of decline in production. According to analysts, the production of tur, which had dropped from 43.20 lakh tonnes in the 2020 Kharif season to just 33.10 lakh tonnes in 2022, is stabilizing.

The 2023 season saw a slight improvement to 34.20 lakh tonnes, and the 2024 Kharif season is expected to see production rise further to over 35 lakh tonnes.

The key factors contributing to this positive outlook include an increase in the sowing area for tur and favorable weather conditions, which may improve crop yields.

Additionally, early harvesting of tur in Karnataka has already begun, and by early 2024, major producing states like Maharashtra are expected to contribute significantly to supply, improving domestic availability.

The government has set the minimum support price (MSP) for tur at Rs 7550 per quintal for the 2024-25 season, which is expected to stabilize prices.

However, imports from countries like Myanmar and various African nations will continue, potentially putting downward pressure on prices in the coming months.

Overall, while the domestic production of tur is on the rise and conditions are improving, imports will still play a crucial role in meeting demand, potentially leading to a slight softening of prices.

Despite the high current prices, there is a possibility of price stabilization or even a decline in the near future due to the combination of increased domestic production and steady imports.