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Informist, Monday, Sept. 30, 2024

By Shreya Shetty

MUMBAI – Prices of pulses were mixed in the key spot markets of the country today, traders said. Prices of chana and moong were steady, while prices of tur were down due to low demand, they said.

CHANA prices in Indore in Madhya Pradesh were steady at INR 7,725-7,750 per 100 kg, local trader Kailesh Kakani said. "Prices are steady as demand is on par with supply," Kakani said. Demand for chana will remain steady in the week ahead, but will pick up in mid-October due to Diwali, he said.  

Prices of chana in Akola in Maharashtra were also steady at INR 7,800-7,825 per 100 kg, according to the Indian Pulses and Grains Association. Arrivals were up by 50 bags to 200 bags (1 bag = 50kg).

Chana prices are likely to rise this week due to limited availability of stocks, along with a rise in demand for chana seeds in anticipation of better returns from crops, the association said in its weekly outlook.

TUR prices in Kalaburagi in Karnataka were down by INR 100 from Friday at INR 10,800-11,000 per 100 kg, Veerkumar Kadkol, a local trader said. Arrivals were up by 264 bags to 1,275 bags (1 bag = 50 kg). Demand for domestic tur will continue to be low during the week due to lower buying activity in the domestic markets in anticipation of a fall in prices, he said. Currently, there is an active demand for cheaper imports from Africa, the trader said.

Tur prices are usually low during the current period, Kadkol said, adding that the new crop arrivals starting in November would further pull down prices. 

Prices of tur in Akola were steady at INR 10,750-10,800 per 100 kg, according to the association. Arrivals were down by 100 bags to 700 bags (1 bag = 50 kg).

MOONG prices in Kalaburagi were steady at INR 4,500-8,000 per 100 kg, Kadkol said. Arrivals were steady at 3,500 bags (1 bag = 50 kg). "Prices varied depending on the quality of moong, with the lower grade moong selling for INR 4,500 per 100 kg," he said. Most moong arrivals from Maharashtra are damaged by 40-50% as they have high moisture content due to heavy rainfall, which discoloured the pulse, he said. The damaged crop will be used as cattle-feed as it is not fit for human consumption, he said.

Dal-quality moong was priced in the range of INR 7,200-7,500 per 100 kg, while the polished, superior quality was priced at INR 8,000 per 100 kg, he said. Moong prices could fall in the long run as arrivals from Rajasthan have begun, and arrivals from Madhya Pradesh will start soon, he said. 

Prices of moong in Lalitpur in Uttar Pradesh were steady at INR 7,000-7,800 per 100 kg, according to the association. Arrivals were steady at 200 bags (1 bag = 50 kg). End

Edited by Saji George Titus

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