India Pulses Import Bill Falls 35% YoY

India's FY2025-26 pulses import bill dropped 35% to $3.57 bn due to lower global prices and reduced volumes.
Import volumes fell to about 5.6‑5.7 mt from 7.3 mt a year earlier, with chana and yellow peas down nearly 50% YoY.
Average pulse prices slipped ~10%, e.g., yellow peas $320‑330/t (vs $380‑400), pigeon pea $700‑850/t (vs $1,000‑1,100), chana $470‑520/t.
Government kept duty‑free imports for tur and urad till Mar 2027, while a 30% duty on yellow peas stayed; higher domestic stocks curbed demand.