Chana prices are expected to decline due to favorable weather conditions and increased sowing in key states like Rajasthan, Maharashtra, and Madhya Pradesh. Peak arrivals are expected from mid-March to early April, adding pressure on prices.
India imported a record 6.7 million tonnes of pulses in 2024, with yellow peas accounting for nearly 2.9 million tonnes, mostly below Minimum Support Price (MSP) rates. The government has decided not to extend duty-free yellow pea imports beyond February 28 to protect domestic farmers.
Nafed and NCCF have pre-registered 2.1 million farmers for assured procurement of pulses. The government is taking proactive steps to boost domestic pulse production, with 2.1 million farmers registered before the sowing season to ensure procurement at stable prices.
Tanzania, a key exporter of tur dal to India, is seeking trade relaxations for green gram imports and an extension of the existing duty-free agreement. The landed cost of imported yellow peas remains significantly lower, trading at ₹32/kg.
