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Informist, Friday, Jan. 3, 2025

By Shreya Shetty

MUMBAI – Prices of all pulses were in key spot markets across the country were steady on Friday, traders said. Prices of tur were steady due to a slight rise in need-based buying from millers amid high arrivals of the new kharif crop, they said. Prices of chana are seen steady till arrivals of the new rabi crop, they said.

Prices of the new TUR in Akola in Maharashtra were steady at INR 8,200-INR 8,400 per 100 kg, Ankit Kedia, a local trader said. Arrivals were down by 200 bags at 600 bags (1 bag = 100 kg). Prices have stabilised after a continuous downtrend amid new arrivals of the kharif crop as need-based buying from millers has increased, he said.

However, demand is yet to see a substantial rise as millers are holding back from buying in anticipation of better quality tur, Kedia said. "The arrivals of the new tur still have a higher moisture quantity, at 16-18%, which lowers the quality of the pulse," he said. Completely dried out tur is expected to hit the markets after 15 days at least, he said. Until then, prices of tur are expected to be range-bound, he said.

Similarly, prices of tur in Kalaburagi in Karnataka were steady at INR 6,565-INR 8,902 per 100 kg, according to the India Pulses and Grains Association. Arrivals were up by 1,147 bags at 4,333 bags (1 bag = 100 kg).

CHANA prices in Akola were steady at INR 6,500-INR 6,600 per 100 kg, Kedia said. Prices of domestic chana are likely to be flat until the arrivals of the new rabi crop after a month or two, he said. "Even if there is a rise in demand, it will be temporary, and not substantial enough to raise prices, due to the availability of cheaper imports and yellow peas," he said.

Chana imports from Australia, priced at INR 6,100-INR 6,200 per 100 kg, are cheaper than domestic chana, he said. India imported 96,103 tonnes of chana from Australia in Apr-Oct, according to data from the Ministry of Commerce and Industry. Moreover, India imported 1.3 million tonnes of yellow peas in Apr-Oct, according to data from the Ministry of Commerce and Industry. Yellow peas are used as a cheaper alternative to chana.

Prices of chana in Indore in Madhya Pradesh were also stable at INR 6,650-INR 6,700 per 100 kg, according to the association.

URAD prices in Lalitpur in Uttar Pradesh were steady at INR 5,500-INR 7,400 per 100 kg, with arrivals at 1,500 bags (1 bag = 50 kg), according to the association. Prices of urad in Solapur in Maharashtra were also steady at INR 6,100-INR 8,300 per 100 kg.

Though the production of urad during the kharif season fell, and rabi sowing of the commodity is also lower on year, the country will face no issues with the supply of urad due to the availability of ample imports, said Rahul Chauhan, director of IGrain. 

"In Myanmar, the production of urad is constantly increasing. In 2025, Myanmar's urad production is estimated at 650,000 tonnes. Hence, any domestic shortage in the country will be made up by the rise in imports," Chahuan said.

In the first advance estimates of kharif crops, urad production is seen falling 25% on year to 1.2 million tonnes. In the ongoing rabi season, the acreage of urad was down 11.9% on year at 422,000 hectares as of Monday.  End

Edited by Avishek Dutta

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