Pulses import Jul at Chennai port up 6-fold on month on high urad buys

Import of pulses at Chennai port rose over sixfold on month in July to 41,856 tn because of higher buys of urad. Imports of urad increased substantially to 32,184 tn in July from 3,888 tn in June and 27,120 tn in the corresponding period last year. Imports of some pulses have seen a revival over the past two months with the start of the new financial year. The government had last year imposed quantitative restrictions annually on tur, urad and moong to curb cheaper imports into the country. Total imports of tur into the country were restricted to 200,000 tn and that of urad and moong were limited to 150,000 tn each.