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Informist, Tuesday, Jul 16, 2024

By Romeo M. Raj

MUMBAI - Prices of chana were stable across most markets in the country today as low demand for the commodity at higher rates was offset by concerns over limited stocks with the government, the India Pulses and Grains Association said. Prices of moong were also steady, while those of tur fell across most major markets, the association said.

Prices of major pulses, including chana, tur, and urad, declined by about 4% in June from a month ago in major wholesale markets across the country, though retail prices are yet to cool down, Consumer Affairs Secretary Nidhi Khare said today.

Prices of CHANA in Khamgaon, Maharashtra, were stable at 6,200-6,450 rupees per 100 kg, the association said. Arrivals were up at 400 bags (1 bag = 100 kg) from 300 bags the previous day, it said. Prices at Hinganghat, also in Maharashtra, were steady at 5,300-6,510 rupees per 100 kg, and arrivals were stable at 1,400 bags (1 bag = 50 kg), the association said.

Chana prices in Indore, Madhya Pradesh, were steady at 6,950-7,000 rupees per 100 kg, local trader Kailash Kakani said. Prices of chana at Kalaburagi in Karnataka were stable at 7,000 rupees per 100 kg, local trader Veerkumar Kadkol said.

Prices of TUR fell due to the bumper kharif acreage this season and low demand, the association said. The acreage under pulses increased 26% on year to 6.23 mln ha as of Monday. Within pulses, acreage under tur surged 191% to 2.81 mln ha from 966,000 ha a year ago, data from the agriculture ministry showed.

The tripling of tur acreage is mainly due to the early onset of the monsoon in top tur-producing states such as Karnataka. Tur prices in the key wholesale market of Amravati in Maharashtra were down 100 rupees at 11,000-11,500 rupees per 100 kg, as arrivals were higher at 800 bags (1 bag = 100 kg) from 700 bags.

Prices at Khamgaon fell 200 rupees to 10,000-11,000 rupees per 100 kg, though arrivals were steady at 300 bags (1 bag = 100 kg), the association said. Prices of tur in Kalaburagi, Karnataka, were down 100 rupees at 11,800 rupees per 100 kg, local trader Veerkumar Kadkol said.

Prices of MOONG in the key wholesale market of Lalitpur in Uttar Pradesh were stable at 7,400-7,800 rupees per 100 kg, and arrivals were stable at 700 bags (1 bag = 50 kg), the association said. Moong prices at Pipariya in Madhya Pradesh were stable at 7,000-8,200 rupees per 100 kg, although arrivals were higher at 6,000 bags (1 bag = 100 kg) from 4,000 bags, it said. Prices of moong in Kalaburagi were stable at 7,900 rupees per 100 kg, Kadkol said. End

Edited by Deepshikha Bhardwaj

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