Pulses ride up and down
Import curbs and festival season demand will support prices amidst excess supply
Within a gap of just 18 months, the prices of major pulses categories have witnessed their peak and trough. The latest WPI inflation data of July’17 shows a fall of 32.56 per cent (YoY) in the overall prices of pulses. Currently, majority of the pulses, especially tur, moong and urad, still trade below their minimum support prices despite imposition of import curbs.Excess supplyThe significant hik...
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