Potential for further rise in Tur market; supported by weak production and limited stocks

Tur prices in the domestic market continue to trend upwards, driven by strong demand from pulse mills and limited availability. Market experts anticipate that demand for Tur dal will remain robust as the peak consumption season begins. Meanwhile, the market is finding support from the limited remaining stocks of domestic

Tur in producing markets. There are concerns that the Tur crop in key producing states like Maharashtra and Karnataka could be impacted by below-normal rainfall during the current Kharif season; adverse weather conditions suggest a likely decline in production.

Furthermore, the anticipated delay in the arrival of the new crop could keep market availability restricted in the near term. Concerns regarding production have intensified, with market experts estimating a potential drop of 25–30 percent in Tur yields this season.

However, the actual extent of the production decline will only become clear based on the crop's future progress and post-harvest assessments. The Centre's central pool reportedly holds a stock of approximately 10 lakh tonnes of Tur, which is expected to play a crucial role in market supply.

On the other hand, production estimates for Tur in African nations are also being revised downwards; a drop in production there could limit availability in the international market, potentially impacting the supply and import costs of Tur in India.

Overall, the combination of anticipated weak production, limited residual stocks in producing markets, potential delays in new crop arrivals, and strong demand from pulse mills is providing support to the Tur market. Consequently, the likelihood of a continued upward trend in prices remains high.