The government may increase the pulses import quota for processors, said millers and traders. Lower supplies of tur in the domestic market and the global market have led to its prices firming up to Rs 100 a kg in the retail market. Prices of other pulses like urad dal and yellow peas were also bullish, they said.
The trade said the government may allow additional import of a few lakh tonnes of tur alone, apart from the existing quota of two lakh tonnes it has issued.
After a hiatus of more than two years, tur prices are being bullish. We are also expecting uneven spread of monsoon in areas where the pulses are grown. Looking at this situation, the government may release additional import quota for tur and other pulses,” said Bimal Kothari, vicepresident, Indian Pulses and Grains Association.
The additional quota can be over 7-8 lakh tonne for tur only, said a trader in Delhi. For other pulses, he said the government and state agencies have stock and may offload it when required