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Informist, Tuesday, Aug 6, 2024

By Anjali Lavania

MUMBAI – Prices of chana rose in key spot markets across the country today, according to the India Pulses and Grains Association. Prices of tur and moong were stable in major markets, it said. 

CHANA prices in Amravati, Maharashtra, were up 100 rupees at 6,700-6,800 rupees per 100 kg. Arrivals of the commodity were unchanged at 800 bags (1 bag = 100 kg), the association said. However, chana prices at Akola in Maharashtra were steady at 7,125-7,150 rupees per 100 kg. The arrivals were down by 100 bags to 800 bags (1 bag = 100 kg), the association said.

Prices of chana in Indore, Madhya Pradesh, were up 50 rupees at 7,350-7,450 rupees per 100 kg, local trader Kailash Kakani said. Similarly, prices at Kalaburagi in Karnataka were up by 100 rupees at 6,600-7,100 per 100 kg, with arrivals at 300 bags, local trader Veerkumar Kadkol said.

"Millers are buying continuously ahead of the upcoming festival and seasonal demand," Pradeep Sahu, another Indore-based trader, said. Fewer arrivals in mandis and expensive imports could further support prices of the commodity in the long run, he said.

TUR prices in the key wholesale market of Kalaburagi were steady at 10,251-11,413 rupees per 100 kg. Arrivals were down by 949 bags to 1,117 bags (1 bag = 50 kg). In Indore, too, tur prices were steady at 11,300-11,500 rupees per 100 kg, Kakani said. "Millers are buying at a slower pace due to sluggish demand," Kakani said. Increased tur acreage and shipments from Mozambique are affecting prices negatively, the association 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 up by 500 bags at 8,500 bags (1 bag = 100 kg), it said. Prices in Kalaburagi were steady at 7,700-7,750 rupees per 100 kg, Kadkol said. Increased acreage of moong this kharif season could push prices down, he said. India's kharif moong acreage so far is 3.2 mln ha, up over 14% from a year ago.  End

Edited by Rajeev Pai

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