Mumbai Oct pulses imports up 241% YoY on fears govt may impose duty.

Inbound shipments of pulses at Mumbai’s Nhava Sheva port increased over threefold on year in October as traders fear the government may soon impose more restrictions on imports. As much as 485,646 tn pulses arrived at the port in October, 241% more than 142,488 tn in the year ago period. On a month-on-month basis, the rise in imports is almost fourfold. The government early this month imposed 50% customs duty on yellow peas. Traders expect similar action may be taken for chana and masur too.