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Informist, Thursday, Aug 8, 2024

By Pallavi Singhal

MUMBAI - Prices of chana and tur fell in key spot markets across the country, while price trends were mixed in moong. Prices of moong were stable in some markets but fell in markets where the new crop started arriving, according to the India Pulses and Grains Association.

CHANA prices fell 50 rupees per 100 kg in Indore to 7,200-7,250 rupees, local trader Pradeep Sahu said. Prices at Annagiri in Karnataka were also down by 50 rupees per 100 kg at 7,200-7,300 per 100 kg, according to data shared by the association. Most other markets saw chana prices falling by 10-20 rupees per 100 kg. Prices of the pulse were at 6,600-7,000 rupees in Amravati in Maharashtra. The arrivals in Amaravati fell by 10 bags (1 bag = 100 kg) to 500 bags, the association said. "The demand for chana has fallen today with fewer buyers showing up. Prices slid in tandem," Sahu said. 

TUR prices in the wholesale market of Gulbarga in Karnataka were down by 100 rupees at 10,151-11,566 rupees per 100 kg. Arrivals were down by 1,305 bags (1 bag = 50 kg) to 1,324 bags. In Indore, tur prices remained steady at 10,000-11,500 rupees per 100 kg, Kailash Kakani, a local trader said. "The pace of buying has slowed down as demand for the pulse falls during the monsoon," Kakani said. Tur prices have continued to slide in the past month due to increased imports, the government imposing stock holding limits and rising prospects of a good kharif output.

Prices of MOONG in the key wholesale market of Lalitpur in Uttar Pradesh were steady at 7,200-7,750 rupees per 100 kg. Arrivals in the market were steady at 300 bags (1 bag = 50 kg), the association said. Moong prices at Pipariya in Madhya Pradesh were also steady at 7,000-8,100 rupees per 100 kg, with arrivals steady at 7,000 bags (1 bag = 100 kg), it said. However, prices in Indore fell by 200 rupees per 100 kg to 7,600-8,050 rupees per 100 kg, Kakani said. "Demand for (old) moong has fallen since new moong has entered the market," he said. The new crop was sold between 7,000-8,000 rupees in Indore today.

Increased acreage of pulses this kharif season could push prices further down for all pulses, Kakani said. According to the agriculture ministry, kharif pulses acreage in the country was at 11.06 mln ha as of Aug 2, up 11.0% from a year ago. End

Edited by Saji George Titus

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