The price of tur dal is expected to fall by 28 percent by January 2025.

31-Jul-2024 12:55 PM

New Delhi. Union Consumer Affairs Department Secretary Nidhi Khare has said that the average retail price of tur dal will fall by about 28 percent from the current Rs 167 per kg to around Rs 120 per kg by January 2025.

Similarly, the prices of urad dal and moong dal are also likely to fall. On July 29, 2024, the average retail price of urad dal was recorded at Rs 128 per kg and moong dal at Rs 117 per kg.

The arrival of new goods of tur will start from December and its effect will be visible on the retail market price from January.

The effect of El Nino weather cycle has ended and La Nina is about to arrive. As a result, the sowing of pulses has increased with the help of good rains in the current Kharif season and its average yield rate and total production are expected to increase.

Considering the area under pulses in Karnataka, Maharashtra, Madhya Pradesh, Uttar Pradesh, Rajasthan and some other states including Gujarat, there is hope of a good increase in production this time, which will increase its supply and availability in the domestic sector.

At present, there is a total stock of 19.74 lakh tonnes of pulses in the central pool, out of which 10.21 lakh tonnes were purchased under the Price Stabilization Fund (PSF).

The price of whole tur has come down by 4 percent from Rs 12,200 per quintal in mid-June to Rs 11,700 per quintal now, the price of urad has come down from Rs 9200 per quintal to Rs 9025 per quintal and the price of moong has slipped from Rs 8400 per quintal to Rs 8200 per quintal.

Similarly, the price of gram has come down from Rs 7200 per quintal to Rs 7050 per quintal, while the price of lentil has remained stable at the previous level.

The production area of ​​Tuvar has jumped to 38.53 lakh hectares which is 34 percent more than last year's sowing area of ​​28.73 lakh hectares.