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Informist, Wednesday, Nov. 6, 2024

By Shreya Shetty

MUMBAI – Prices of tur were up across key spot markets in the country due to demand from millers, traders said. Prices of chana were also up due to demand for chana seeds for rabi sowing, while prices of moong were steady, they said.

TUR prices in Akola, Maharashtra, were up by INR 50 from Tuesday to INR 10,750-INR 10,800 per 100 kg, Ankit Kedia, a local trader, said. Arrivals were up by 50 bags to 300 bags (1 bag = 50 kg). Prices of tur are seen on an upward trend due to demand by millers, he said. Millers do not have enough stock for daily processing, he said. Prices could rise further in the week, he said.

Prices of tur in Kalaburagi, Karnataka, were steady at INR 10,500-11,404 per 100 kg, according to the India Pulses and Grains Association. Arrivals were steady at 500 bags (1 bag = 50 kg). 

The government has pegged kharif tur production for 2024-25 (Jul-Jun) at 3.50 million tonnes against 3.40 million tonnes a year ago, according to the first estimates of kharif crops released by the Ministry of Agriculture and Farmers Welfare. Tur production in Karnataka is pegged to be the highest in the country at 1.25 million tonnes, as compared to 1.02 million tonnes produced a year ago, followed by Maharashtra at 1.19 million tonnes against 893,000 tonnes last year, the data showed. The government has set a target of 4.5 million tonnes for tur output for 2024-25.

CHANA prices in Akola were up by INR 50 from Tuesday to INR 7,175-INR 7,200 per 100 kg, Kedia said. Arrivals were steady at 300 bags (1 bag = 50 kg). Prices were up due to demand for chana seeds for sowing in the ongoing rabi season, he said. However, the rise in prices is marginal and prices may stabilise by the end of the week, he said. Prices of chana are not seen rising more due to the availability of cheaper Australian chana, he said.

Similarly, prices of chana in Indore, Madhya Pradesh, were up by INR 50 from Tuesday to INR 7,175-INR 7,200 per 100 kg, according to the association.

MOONG prices in Kalaburagi were steady at INR 6,500-INR 7,500 per 100 kg, according to the association. Arrivals were steady at 2,000 bags (1 bag = 50 kg). Prices of moong in Lalitpur in Uttar Pradesh were steady at INR 6,500-INR 7,500 per 100 kg, according to the association. Arrivals were steady at 200 bags (1 bag = 50 kg).

The government has estimated 1.38 million tonnes of moong output for the 2024-25 kharif production, as compared to 1.15 million tonnes produced in the kharif season last year, according to the first estimates of kharif crops. Karnataka is expected to produce 153,000 tonnes of moong, the highest in the country, as against 89,000 tonnes produced last year. Output from Maharashtra is pegged at 116,000 tonnes, up from 73,000 tonnes produced a year ago. The country's target for moong output is set at 4.25 million tonnes for 2024-25.  End

Edited by Tanima Banerjee

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