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Informist, Thursday, Aug 1, 2024

By Anjali Lavania 

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

CHANA prices in Amravati, Maharashtra, rose 100 rupees to 6,500-6,700 rupees per 100 kg. Arrivals of the pulse in the market were unchanged at 500 bags (1 bag = 100 kg), the association said. Similarly, chana prices at Akola in Maharashtra rose 25 rupees to 7,125-7,150 rupees per 100 kg. The arrivals were up by 100 bags to 700 bags (1 bag = 100 kg), the association said.

Prices in Indore, Madhya Pradesh, were up by 50 rupees to 7,250-7,350 rupees per 100 kg, Kailash Kakani, a local trader, said. Prices of chana at Kalaburagi in Karnataka rose 50 rupees to 7,250 rupees per 100 kg, Veerkumar Kadkol, a local trader, said. "Chana prices will not decline in the long run now due to upcoming seasonal growth," Pradeep Sahu, another Indore-based trader said. Moreover, lower stocks available with stockists are cushioning the prices, he said. 

TUR prices in the key wholesale market of Kalaburagi were up 200 rupees at 10,500-11,700 rupees per 100 kg. Arrivals were down 1,241 bags to 1,243 bags (1 bag = 50 kg). Similarly, in Indore, tur prices were up 100 rupees at 11,300-11,400 rupees per 100 kg, Sahu said. 

Prices of MOONG in the key wholesale market of Lalitpur in Uttar Pradesh were steady at 7,200-7,650 rupees per 100 kg. Arrivals were unchanged at 400 bags (1 bag = 50 kg), the association said. Moong prices at Pipariya in Madhya Pradesh were steady at 7,000-7,950 rupees per 100 kg, with arrivals down by 2,000 bags at 4,000 bags (1 bag = 100 kg), it said. Prices in Kalaburagi were steady at 7,700-7,750 rupees per 100 kg, Kadkol said. "Due to large supplies and subdued buying by various mills across the country, moong prices could decline in the long run," Kadkol said. Moreover, increased acreage of moong this kharif season could push down prices further, he said. India's kharif moong acreage is at 2.5 mln ha so far, up 10.3% from a year ago.

A timely monsoon will help farm output increase about 5% this financial year, according to media reports. This will help cool down prices of commodities, especially pulses, which have surged over the past several months.  End

Edited by Tanima Banerjee

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