India likely to import 50,000-75,000 tonnes of black grams

15
Merchants are seen evaluating beans and pulses in the Mandalay market.

India is possible to import 50,000-75,000 tonnes of black gram (urad in India) and they will purchase black gram from Myanmar to keep them in reserve, according to a report cited by the Agri World Mumbai.
India’s government has 110,000 tonnes of green gram (Moong), 20,000 tonnes of black gram (urad), 9,000 tonnes of pigeon peas (tur) and 7,000 tonnes of red lentils (Masoor) as buffer stock.
India has a growing demand for pulses and the prices of pulses in India remain on an upward trend.
Myanmar Trade Promotion Organization (Aya Trade Centre) notified the traders of the policy changes in India to control price fluctuation and prevent inflated pulses prices.
Myanmar’s black gram prices stood over K1.7 million per tonne owing to the robust demand by India and low inventory in the market.
On 1 June, the black gram was worth K1,456,500 per tonne, whereas the price surged to K1.7 million per tonne on 30 June, reflecting an increase of K240,000 per tonne.
India is facing a crop yield drop under drought conditions and declining sowing acres this monsoon season. Their growers are increasingly cultivating cotton and soybean. The sowing acres of rice and various pulses dropped. The areas of urad fell from 194,000 hectares to 93,000 hectares in 2022. Moreover, Pakistan, which is also a pulses supplier to India, has also black gram yield drop this year.
India, the main buyer of Myanmar’s black grams, has a high consumption of black grams. Furthermore, it reexports them to the external market after processing the grams. The annual consumption of black grams in India is estimated at 2.7-2.8 million tonnes.
India extended relaxations of conditions regarding clearance consignment for black gram and pigeon peas until 31 March 2023.
Myanmar conveyed US$346.881 million worth of over 459,219 tonnes of various beans and pulses to foreign trade partners between 1 April and 24 June 2022 in the current financial year 2022-2023. The country shipped $273.897 million worth of over 349,530 tonnes of pulses and beans to foreign markets through the sea route, and over 109,688.76 tonnes worth $72.984 million were sent to the neighbouring countries through the land border.
Myanmar exported $1.57 billion worth of over two million tonnes of various pulses to foreign trade partners last financial year 2020-2021. The country shipped $966.4 million-value in 1.24 million tonnes of pulses and beans to foreign markets through the sea route, and $604.3 million-value in 786,920 tonnes were sent to the neighbouring countries through the land border.
Myanmar yearly produces approximately 400,000 tonnes of black gram and about 50,000 tonnes of pigeon peas. Myanmar is the top producer of the black gram which is primarily demanded by India, while pigeon peas, green grams and chickpeas are cultivated in Australia and African countries besides Myanmar. — NN/GNLM

Share this post
Hot News
Hot News
Bagan has more than 20 must-see art destinations besides famous pagodas: says MORAC director
Rising transportation cost, increase in cattle price, being close to Thingyan lead to rise in beef price
Myanmar Letwei fighter Thant Zin to miss tonight’s One Championship event due to health emergency
Machine-made brick trade good despite slight decline in price
Bamboo growers on the rise as bamboo products rebound in local and foreign markets
Appointment of Head of Service Organization
59th Gems Emporium to feature pearls, gemstones, and jade sets
Lacquerware Technology College prepares multifaceted welcome for foreign visitors
Chairman of SSMNC receives Chinese Ambassador to Myanmar and party
Myanmar-Russian armed forces exchange honorary medals for further cementing strategic partnership relations, military and civilian technological cooperation