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Informist, Tuesday, Sep 3, 2024

By Shreya Shetty and Anjali Lavania

MUMBAI – Prices of major pulses were steady in key markets in the country, traders said. Prices of chana could rise in the next few days due to strong demand during the festival season, they said.

CHANA prices were steady in Indore in Madhya Pradesh at 7,900 rupees per 100 kg, Raja Jain, a local trader said. Demand for chana, which has been sluggish for five to six days, could pick up in the next two to three days due to festival demand, Jain said. Prices are likely to increase due to lower supply and limited selling by stockists, the India Pulses and Grains Association said. 

TUR prices were steady in Solapur in Maharashtra at 11,450 rupees per 100 kg, Rahul Srinivas, a local trader said. "Heavy rain in Maharashtra and Karnataka could affect the prices of tur in coming weeks," he said. The India Meteorological Department has issued a red alert in central Maharashtra and an orange alert in northern interior Karnataka for today. Heavy rainfall could lead to damage to tur crops in both states. Tur prices in Kalaburagi in Karnataka were steady at 10,000-11,519 rupees per 100 kg, according to the association. 

MOONG prices in Indore were steady at 8,400-8,500 rupees, Anuj Goel, a local trader said. Similarly, moong prices were steady in Kalaburagi at 7,000-7,300 rupees per 100 kg, the association said. The high moisture content in the new crop is lowering its quality, Goel said. "Prices of moong in Kalaburagi market could fall soon if rainfall continues, as crops might get discoloured, which could further lower their quality," he said. Moong prices in Vidisha in Madhya Pradesh were steady at 7,020-7,850 rupees per 100 kg, Vinod Jain, a local trader said. Arrivals were steady at 600 bags (1 bag = 100 kg), he said.

URAD prices were steady in Jalgaon in Maharashtra at 8,400 rupees per 100 kg, Prem Kogta, a local mill owner, said. "New crop will arrive in most states of India by the end of September," Kogta said.

MASUR prices in Indore were steady at 6,000 rupees per 100 kg, Jain said. Demand for imported masur is higher due to its cheaper prices, which is affecting the prices of domestic masur, he said. Masur prices in Delhi were steady at 6,475 rupees per 100 kg, he said. End 

Edited by Saji George Titus

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