More Stories

Informist, Wednesday, Jul 31, 2024

By Anjali Lavania

MUMBAI – Prices of chana and tur rose in most markets across the country, while those of moong fell in key spot markets, according to the India Pulses and Grains Association. 

CHANA prices in Khamgaon, Maharashtra, rose 100 rupees to 6,600-6,900 rupees per 100 kg. Arrivals of the pulse in the market were also up by 200 bags to 600 bags (1 bag = 100 kg), the association said. Similarly, chana prices at Amravati in Maharashtra rose 150 rupees to 6,400-6,600 rupees per 100 kg. The arrivals were unchanged at 500 bags (1 bag = 100 kg), the association said.

Prices in Indore, Madhya Pradesh, were up by 50 rupees to 7,200-7,300 rupees per 100 kg, Kailash Kakani, a local trader, said. The rise in chana prices was due to increased buying activity, driven by expectations of upcoming festival and wedding seasons, Kakani said. Prices of chana at Kalaburagi in Karnataka rose 50 rupees to 7,200 rupees per 100 kg, Veerkumar Kadkol, a local trader, said. Chana prices are expected to remain high till Diwali, Kadkol said. "Chana prices will not decline in the long run now due to upcoming seasonal growth and also fewer stocks available with the stockists," Pradeep Sahu, another Indore-based trader said. 

TUR prices in the key wholesale market of Kalaburagi were up by 100 rupees at 10,321-11,525 rupees per 100 kg. Arrivals were up by 597 bags to 2,484 bags (1 bag = 50 kg). However, the acreage under tur surged 73% to 3.3 mln ha as of Jul 19, according to agriculture ministry data. The pulse acreage was 1.3 mln ha in Karnataka and 1.1 mln ha in Maharashtra, the association said. "Observing the higher sowing, tur prices may not remain elevated for the long term," Kadkol said. 

Prices of MOONG in the key wholesale market of Lalitpur in Uttar Pradesh were down by 50 rupees at 7,200-7,650 rupees per 100 kg. Arrivals were down by 100 bags to 400 bags (1 bag = 50 kg), the association said. Moong prices at Pipariya in Madhya Pradesh were down 150 rupees at 7,000-7,950 rupees per 100 kg, with arrivals up by 2,000 bags at 6,000 bags (1 bag = 100 kg), it said. Prices in Kalaburagi were steady at 7,700-7,750 rupees per 100 kg, Kadkol said. India's kharif moong acreage is at 2.5 mln ha so far, up 10.3% from a year ago.  End

Edited by Tanima Banerjee

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd by NSE Data & Analytics Ltd, a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt Ltd.

Informist Media Tel +91 (22) 6985-4000

Send comments to feedback@informistmedia.com

© Informist Media Pvt. Ltd. 2024. All rights reserved.