More Stories

Informist, Monday, Jan. 6, 2025

By Shreya Shetty

MUMBAI – Prices of tur fell in key spot markets across the country due to ample arrivals of the new kharif tur, and low demand due to a high moisture content, traders said. Prices of chana fell due to a low seasonal demand, while prices of moong were steady, they said.

Prices of new TUR at Solapur in Maharashtra were down by INR 150 at INR 7,500-INR 8,000 per 100 kg, said Mukesh Sanklecha, a local trader. The market received 90–100 trucks of the new tur, or 90,000-100,000 kg, he said. Prices are being weighed down by ample arrivals of the new kharif tur and low demand due to a high moisture content in the pulse, he said.

Demand from millers and stockists was low due to high moisture content in the new arrivals, which reduces the quality of the pulse, Sanklecha said. The first arrivals of the new tur in Maharashtra did not dry out properly due to cloudy weather in early December, he said. However, demand is likely to increase by next week as the market will begin receiving dried-out, higher quality tur, he said.

Prices of new tur at Kalaburagi in Karnataka were steady at INR 6,111-INR 8,801 per 100 kg, according to the India Pulses and Association. Arrivals of new tur rose by 668 bags to 5,001 bags (1 bag = 100 kg).

CHANA prices in Solapur were down by INR 25-INR 50 from Friday to INR 6,500-INR 6,650 per 100 kg, Sanklecha said. Due to a seasonal fall in demand, prices have been pushed down, he said. "Though demand is not seen rising any time soon, prices will not fall below the INR 6,000 per 100 kg level," he said. The market will resist lower prices as it does not want to incur further losses, he said.

Similarly, prices of chana at Indore in Madhya Pradesh fell by INR 50 from Friday to INR 6,600-INR 6,650 per 100 kg, according to the association.

MOONG prices in Lalitpur in Uttar Pradesh were steady at INR 6,500-INR 7,500 per 100 kg, according to the association. Prices of moong at Kalaburagi were also steady at INR 7,000-INR 8,000 per 100 kg.

The National Agricultural Cooperative Marketing Federation of India has procured 151,119.64 tonnes moong as of Wednesday, which is 45.2% of the total Centre-sanctioned quantity of 334,416 tonnes under the price support scheme, according to data provided by the federation.

NAFED has procured 123,279.91 tonnes moong from Rajasthan, 26,752.65 tonnes from Karnataka, 990.44 tonnes from Telangana, 51.50 tonnes from Maharashtra, and 45.15 tonnes from Tamil Nadu. Procurement of moong is yet to begin in Gujarat, Uttar Pradesh, Andhra Pradesh, and Haryana. Moong from all states will be procured at the minimum support price of INR 8,682 per 100 kg, according to the federation.  End

Edited by Akul Nishant Akhoury

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd by NSE Data & Analytics Ltd, a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt Ltd.

Informist Media Tel +91 (22) 6985-4000

Send comments to feedback@informistmedia.com

© Informist Media Pvt. Ltd. 2025. All rights reserved.