Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek
  • Home
  • Nation
  • Politics
  • Economy
  • Sports
  • Entertainment
  • International
  • Technology
  • Auto News
Reading: India’s duty-free imports boost Brazil’s black matpe output in 2021.
Share
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeekBreaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek
Search
  • Home
  • Nation
  • Politics
  • Economy
  • Sports
  • Entertainment
  • International
  • Technology
  • Auto News
© 2024 All Rights Reserved | Powered by India News Week
Brazil’s black matpe output hinges on India’s duty-free imports this year
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek > Economy > India’s duty-free imports boost Brazil’s black matpe output in 2021.
Economy

India’s duty-free imports boost Brazil’s black matpe output in 2021.

February 7, 2025 3 Min Read
Share
SHARE

Brazilian growers may decide to skip sowing black matpe (urad) crop in February-March if the Indian government does not extend duty-free import of the pulse crop within the next few weeks, experts revealed at a webinar on the crop.

Julio Mariucci from Coperaguas Cooperativa Agroindustrial, Brazil’s largest exporter of pulses, explained that Brazil typically grows two crops, one in February-March and the other in September-November. If the Indian government does not make a decision within the next 20 days, the window for the February-March crop will close. With pressure to grow crops like corn (maize) due to demands from China and Mexico, many farmers may opt out of planting black matpe.

Brazil could potentially produce around one lakh tonnes of black matpe if the duty-free imports are extended, but that number could drop to only 30,000-40,000 tonnes without an extension. The current permission for duty-free imports of black matpe is set to end on March 31, 2025, and there is a general consensus in the trade that it will be extended.

The decline in black matpe prices to ₹77-78 per kg from ₹101 in June-July has been attributed to increased supplies from Myanmar and Brazil, as well as significant imports of other pulses like yellow peas, chickpeas, and pigeon peas. Thailand, which has seen an improvement in the quality of its black matpe this year, could potentially benefit if Brazilian growers decide to shift to other crops.

Despite an increase in black matpe exports from Myanmar and projections of a large crop from the country, the consumption of black matpe in India has remained stagnant. The current situation in the black matpe market suggests that prices will likely remain stable or face slight pressure until the next kharif crop.

Overall, the uncertainty surrounding duty-free imports in India is impacting decisions for black matpe cultivation in Brazil and other countries. Myanmar, with its strong export focus, may see stability in prices while India grapples with shifting production dynamics in the pulse market.

TAGGED:Economy NewsNews
Share This Article
Twitter Copy Link
Previous Article Nippon AMC to launch Active Momentum Fund Nippon AMC’s New Active Momentum Fund Launches Soon
Next Article Watch: Indians in boots, raincoats in Panama jungle show 'donkey' route to US Indians Brave Panama Jungle on ‘Donkey’ Route to US in Rain Gear
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest News

Parliamentary Panel highlights significant delays in installation of telemetry systems in critical flood-prone areas

Parliamentary Panel Warns of Delays in Flood-Prone Area Telemetry Systems Deployment

September 23, 2025
Overnight rain in Kolkata kills at least 7

Tragic Overnight Rainfall in Kolkata Claims Seven Lives

September 23, 2025
'Gen Z doesn't accept entitlement': Manish Tewari on youth-led protests in South Asia; BJP links it to 'ultimate nepo kid' Rahul Gandhi

Manish Tewari Discusses Gen Z Protests; BJP Connects to Rahul Gandhi’s Legacy

September 23, 2025
Basmati’s status in danger as seed players flout GI norms in absence of appropriate law

Basmati Under Threat: Seed Producers Bypass GI Regulations Amid Legal Gaps

September 23, 2025
This actor’s journey from a TV ad to a Rs 175 crore blockbuster will surprise you

From TV Commercials to Rs 175 Crore Blockbuster: An Actor’s Remarkable Rise

September 23, 2025
Tata Investment Corporation’s stock split drives 6.78% rally 

Tata Investment Corporation Shares Surge 6.78% After Exciting Stock Split

September 23, 2025

You Might Also Like

Temasek Holdings and TPG-backed Dr Agarwal Health Care to raise funds through IPO approved by SEBI
Economy

SEBI Approves IPO for Temasek Holdings and TPG-backed Dr Agarwal Health Care

2 Min Read
Suyog Telematics to acquire Lotus Tele Infra ltd for ₹13.5 cr
Economy

Suyog Telematics to Acquire Lotus Tele Infra Ltd in ₹13.5 Cr Deal

2 Min Read
Shares tumble on weak global cues, virus outbreak
Economy

Markets plummet as global uncertainties rise with coronavirus outbreak.

2 Min Read
Federal Bank launches digital platform FedOne for corporate banking 
Economy

Federal Bank’s FedOne: Corporate Banking Goes Digital

2 Min Read
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek

Welcome to IndiaNewsWeek, your reliable source for all the essential news and insights from across the nation. Our mission is to provide timely and accurate news that reflects the diverse perspectives and voices within India.

  • Home
  • Nation News
  • Economy News
  • Politics News
  • Sports News
  • Technology
  • Entertainment
  • International
  • Auto News
  • Bookmarks
  • About us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Service
  • Home
  • Nation
  • Politics
  • Economy
  • Sports
  • Entertainment
  • International
  • Technology
  • Auto News
  • About us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Service

© 2024 All Rights Reserved | Powered by India News Week

Welcome Back!

Sign in to your account

Lost your password?