India arhar prices fall sharply, traders call for easing export restrictions.

Substantial stocks available with the government agencies, traders and farmers, because of a record output last year, has pulled down prices of tur or arhar sharply in the last couple of months.As a result, there has been growing demand for allowing export of pulses which may boost prices. The government must step in to stop further fall in prices of arhar. Nafed which is holding on to around a MT of arhar, has been negotiating with states to clear the stocks so that space would be created for new crop. Karnataka government has agreed to lift one lakh tonne of arhar while army, para-millitary forces have requirement of another lakh tonne.