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Informist, Friday, Sep 27, 2024

By Shreya Shetty

MUMBAI – Prices of pulses were mixed in key spot markets in the country today, with rates of chana rising and moong declining, traders said. Prices of tur and masur were, however, steady, they said.

CHANA prices in Indore in Madhya Pradesh were up by 25–50 rupees from Thursday at 7,700-7,800 rupees per 100 kg, Raja Jain, a local trader said. "Prices are slightly up today as festival season demand is slowly picking up," Jain said. Prices are expected to go up by another 100–200 rupees in the coming week on firm festival demand, he said. Arrivals are also decreasing, which could support prices next week, he said.

Prices of chana in Akola in Maharashtra were up by 100 rupees to 7,825-7,850 rupees per 100 kg, according to the Indian Pulses and Grains Association. Arrivals were steady at 150 bags (1 bag = 50 kg).

TUR prices in Solapur in Maharashtra were steady at 10,500-10,900 rupees per 100 kg, Rahul Srinivas, a local trader said. Arrivals were steady at five to six trucks, Srinivas said. "Prices may rise if the heavy rainfall continues, as excess moisture can damage tur arrivals from Karnataka," he said. The Solapur market majorly receives its arrivals from Karnataka, he added. 

However, prices of tur in the benchmark market of Kalaburagi in Karnataka were up by 175 rupees from Thursday to 10,500-11,429 rupees per 100 kg, according to the association. Arrivals were up by 727 bags to 1,011 bags (1 bag = 50 kg). 

MOONG prices in Akola were down by 100–200 rupees from Thursday at 7,600 rupees per 100 kg, Anuj Goel, a local trader said. "Prices were down as arrivals from Rajasthan have started coming in," Goel said. However, prices of pulses from Rajasthan are in the band of 6,000-7,000 rupees per 100 kg as it is of a lower quality, he said. The crop from Rajasthan has a higher moisture content due to heavy rainfall in the state, which has discoloured it.

"The supply from Karnataka will stop soon, while those from Maharashtra will wrap up in the next 10–15 days," Goel said. Meanwhile, if arrivals from Rajasthan are still of poor quality, then there could be a dearth of good quality moong, and prices could rise, he added.

Prices of moong in Kalaburagi were steady at 7,000-8,000 rupees per 100 kg, the association said. Arrivals were down by 500 bags to 4,000 bags (1 bag = 50 kg).

MASUR prices in Indore were steady at 6,000 rupees per 100 kg, Jain said. "Prices will be steady in the long run as demand is likely to be on par with supply," he said. Prices could move by 50 rupees in either direction in the short term, he said. 

Prices of moti variety of masur were steady in the key wholesale market of Lalitpur at 5,600-5,800 rupees per 100 kg. Prices of the choti variety were also steady at 6,100-6,400 rupees per 100 kg, according to the association.  End

Edited by Saji George Titus

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