[ad_1]
Tur Price: These days the prices of Tur Price have started increasing again in the Indian market. There was some softening in the price in the month of April. But due to the increase in the price in this month, the Government of India has started preparing to reduce its price. The Government of India is in talks with Myanmar for the purpose of importing Arhar. Tur and urad account for 70 per cent of India’s pulses import sector. Myanmar is a producer of both these pulses. Both these pulses are imported in large quantities from here.
In such a situation, domestic production is hoarding these pulses in Myanmar. Meanwhile, the government is in talks with Myanmar to bring down the price of pulses. A senior official said that due to shortage of pulses in the domestic market, prices have shot up. This rally may continue till the start of the new season in October.
prices may come down
related news
The department of consumer affairs has written to the Ministry of External Affairs to import from Myanmar. India has an agreement to import 250,000 tonnes of urad and 100,000 tonnes of pigeon pea through private traders. At the same time, the Indian embassy is also in talks with the local government businessmen. An official said that if pulses are imported from Myanmar, the prices in the Indian market may come down. Let us tell you that on May 13, the prices of pulses increased to Rs 8,729-9,142 per quintal in Kalaburagi, the main wholesale market of Karnataka. While on April 21 its price was Rs 8,165-8,512 per quintal. The ex-mill wholesale prices of tur in Maharashtra’s Akola were up 5.7 per cent at Rs 9,000 per quintal.
Coffee lovers got a shock, cheap coffee also became expensive
Hoarding on the rise in Myanmar
To earn more profit, importers are hoarding Urad in Myanmar. An official said that there is no shortage of urad in Myanmar. Despite this, traders are not taking urad in the market. Around 555,000 tonnes of pulses have been hoarded in Myanmar. The pace of urad imports has been reduced by 20 per cent year-on-year to 340,000 tonnes between January and April this year. For some time now, there is a decrease in the stock in the Indian market.
[ad_2]
<