Prices of kabuli gram and arhar rose by Rs 100 per quintal at the wholesale market on revival of buying by stockists amid pick-up in demand from retailers. Fresh buying by stockists backed by uptick in demand from retailers against restricted supplies from producing belts mainly led to the rise in kabuli gram and arhar prices.
Prices of moth and arhar rose by up to Rs 150 per quintal at the wholesale pulses market on revival of buying by stockists following uptick in demand from retailers. Fresh stockists buying on the back of pick up in demand from retailers, mainly led to the rise in moth and arhar prices.
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.