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Indias Tur Imports Show Steady Growth; Africa Remains Dominant Supplier

19 Nov 2024 1:08 pm
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MUMBAI, 19 Nov (Commoditiescontrol): India's tur (pigeon pea) imports have shown a significant upward trend in recent months, particularly during September and October, coinciding with the festival season. Price played a crucial role in driving this influx, with African nations emerging as dominant suppliers. Recent import data reveals a sharp rise in monthly arrivals from Africa between August and October 2024, underscoring the region's growing importance in India's tur trade.



In August, African countries exported 85,099 MT of tur to India, which increased to 200,320 MT in September and further to 232,789 MT in October. Mozambique led the pack with a cumulative export of 220,100 MT, followed by Tanzania (179,022 MT) and Kenya (45,066 MT). Other contributors included Malawi (39,050 MT), Sudan (32,758 MT), and Nigeria (1,692 MT).

African tur supplies are expected to slow in the coming months, with the region's export capacity nearing its limit. Africa typically supplies around 7 lakh MT of tur annually, out of which more than 5 lakh MT has already reached Indian shores. The remaining 2 lakh MT is estimated to sustain supplies for approximately two months.

Myanmar, another key supplier, exported 57,450 MT during this period, with monthly arrivals peaking in September at 31,425 MT. However, its share remains considerably smaller than Africa's, which collectively accounted for 518,208 MT—or approximately 90% of India's total tur imports of 575,658 MT.

The price differential has been a key factor influencing imports. Over the past few months, tur prices in domestic markets have softened due to increased supply, trading in the ₹7,000–₹8,000 per quintal range in key markets. The government's proactive market stabilization strategy has also helped navigate price pressures effectively.

Looking ahead, the market is expected to face additional downward pressure as fresh Canadian and Australian tur supplies enter the market, coupled with a strong domestic Kharif harvest. Despite these pressures, the depreciating rupee against the U.S. dollar may cushion price declines in the domestic market.

(By Commoditiescontrol Bureau; +91 98201 30172)


       
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