Toor price to stabilise early next year

The wholesale price of a kilo of toor dal, currently trading at Rs. 145 to Rs. 150, will stabilise only by early next year after the new crop in harvested in mid-December, Ramesh Chandra Lahoti, president of the Bangalore Wholesale Food Grains and Pulses Merchants’ Association, said on Wednesday.

“There is no better alternative to toor dal. But consumers who cannot afford toor dal may switch over to Bengal gram or moong dal till the price stabilises. The only good news is that the crop yield may be better in north India,” he said.