• Govt introduces quota system for import of pulses to check domestic prices.

    Govt introduces quota system for import of pulses to check domestic prices New Delhi, May 14 (KNN) To ensure that the domestic prices of pulses do not fall below the minimum support price, the government has tightened norms for the import of pulses. A quota system has been introduced by the government for millers and refiners for the import of tur, moong and urad, according to a notification by the Directorate General of Foreign Trade (DGFT). Read more


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  • Rising demand lifts chana futures by 1.50 pc.

    Rising demand lifts chana futures by 1.50 pc. Chana prices rose 1.50 per cent to Rs 3,585 per quintal in futures trade today as participants created fresh positions, driven by rising demand from dal mills at the spot market. Besides, tight stocks positions following drop in arrivals from producing regions fuelled the uptrend. Read more


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  • Government tightens norms for import of pulses

    Government tightens norms for import of pulses NEW DELHI: The government has tightened norms for the import of pulses to ensure that its domestic prices don’t fall below the minimum support price. The prices of most pulses have been below the minimum support price levels, leading to farmer unrest in the main pulses-growing areas. The government has also introduced a quota system only for millers and refiners for the import of tur, moong and urad, according to a notification by the Directorate General of Foreign Trade (DGFT). Read more


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  • Commerce ministry invites bids for pulses imports

    Commerce ministry invites bids for pulses imports The commerce ministry today invited applications from millers and refiners of pulses for import of certain amount of pigeon pea, urad and moong dal for the current fiscal. "Application process for import of 2 lakh tonnes of pigeon peas/toor dal and 1.5 lakh tonnes for urad and 1.5 lakh tonnes for moong is laid down," the directorate general of foreign trade (DGFT) said in a trade notice. Read more


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  • Masur gains on stronger cues

    Masur gains on stronger cues Masur prices at Indore mandis ruled firm amid declining arrival with masur (bold) being quoted at ₹3,450 a quintal, while masur (Madhya Pradesh) ruled at ₹3,200. Besides weak arrival, declining stock of imported masur also added to the uptrend. Masur dal ruled stable with masur dal (medium) at ₹4,600-4,700, while masur dal (bold) ruled at ₹4,800-4,900 a quintal respectively. Read more


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  • Chana futures up by 0.96% on rising demand

    Chana futures up by 0.96% on rising demand Chana prices rose 0.96 per cent to Rs 3,568 per quintal in futures trade today as participants created fresh positions, driven by rising demand from dal mills in the spot market. Besides, tight stocks positions following drop in arrivals from producing regions,too, fuelled the uptrend. Read more


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  • Bumper crop reports drag chana

    Downtrend in chana and other pulse seeds continued on weak demand and bumper crop reports with chana (kanta) in Indore mandis being quoted at ₹3,475-3,500 a quintal, while chana (desi) ruled at ₹3,400. However, compared to last week chana is ruling at ₹100 a quintal higher. Chana dal (average) was at ₹4,500-4,600, chana dal (medium) at ₹4,700-4,800, while chana dal (bold) ruled at ₹4,900-5,000 a quintal. Sluggish trend also continued in dollar chana on weak domestic and export demand with its prices at ₹4,800-5,400 a quintal. Read more


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  • Rising demand lifts chana futures 1.69%

    Chana prices rose 1.69 per cent to Rs 3,539 per quintal in futures trade today as participants created fresh positions, driven by rising demand from dal mills in the spot market. Besides, tight stock positions following drop in arrivals from producing regions fuelled the uptrend. At the National Commodity and Derivatives Exchange, chana for this month is ruling at Rs 59 a quintal higher, or 1.69 per cent at Rs 3,539 per quintal with an open interest of 71,810 lots. Likewise, the commodity for delivery in June gained Rs 59, or 1.68 per cent, to Rs 3,553 per quintal in 60,760 lots. Read More


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  • Pulses rule steady in tight movements

    Steady conditions prevailed at the wholesale pulses market today with prices moving in a narrow range in the absence of worthwhile activity. Traders said absence of worthwhile activity against ample stocks position on increased arrivals from producing regions, mainly kept pulses prices flat. Following are today's pulses' rates (in Rs per quintal): Urad Rs 3,650-4,950, Urad Chilka (local) Rs 4,300-4,400,Urad best Rs 4,400-4,900, Dhoya Rs 4,800-5,000, Moong Rs 5,000-5,500, Dal Moong Chilka local Rs 5,600-5,800, Moong Dhoya local Rs 6,200-6,700 and best quality Rs 6,700-6,900. Masoor small Rs 3,450-3,650, bold Rs 3,600-3,700, Dal Masoor local Rs 3,700-4,100, best quality Rs 3,800-4,200, Malka local Rs 3,950-4,150, best Rs 4,050-4,350, Moth Rs 3,600-4,000, Arhar Rs 4,000 Dal Arhar Dara Rs 5,500-7,400. Read More


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  • India’s curbs on import of pulses: US, Australia, EU raise concerns at WTO

    Members of the World Trade Organization (WTO) including the US, Canada, Australia, European Union and Japan have raised concern over India’s quantitative restrictions on import of pulses. India capped imports of green gram (moong) and black matpe (urad) at 300,000 tonnes and that of pigeon peas (arhar) at 200,000 tonnes in August in the wake of domestic harvest and concerns over the slump in prices of traditional pulses. The issue came up in a 20 April meeting of the committee on import licensing at the WTO with countries alleging that quantitative restrictions by India on import of pulses distort global prices and put the future of farmers across many countries in peril. India has been the largest producer, as well as traditionally the largest importer of pulses to ensure steady supply of the protein-rich diet to its citizens. Read More


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