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Subcontinent Supports Pulses
VANCOUVER - May 26/07 - SNS -- The Indian subcontinent continues to feed international pulse markets with positive news, with India extending the time frame for duty-free pulse imports by another year and Pakistan banning exports of gram for an indefinite period of time.
The Indian decision was announced at week's end, with the government statement saying, "As part of measures taken by the Government to check rise in prices of essential commodities, zero duty on import of pulses has been further extended up to 31st March 2009."
It added, "Retail prices of most of the essential commodities at four main metropolitan centers have remained stable over the week ending 22nd May except some marginal variations in the prices of some commodities.
"At Delhi, prices of mustard oil and potato declined; price of loose tea increased; and prices of wheat, atta, rice, sugar, gram, onion, vanaspati, tur dal, packed salt and groundnut oil remained steady."
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