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Informist, Wednesday, Jan. 8, 2025

By Shreya Shetty

MUMBAI – Prices of pulses were steady in key spot markets across the country, traders said. Prices of chana are seen resuming the downtrend due to a rise in arrivals, while prices of tur are seen down due to weak demand from millers and increasing arrivals, they said. 

CHANA prices in Vidisha in Madhya Pradesh were steady at INR 6,400-INR 6,500 per 100 kg, Dinesh Mangal, a local trader said. Arrivals were up by 100 bags to 500 bags (1 bag = 50 kg). Prices have temporarily stabilised, but are expected to resume their downtrend due to a rise in arrivals in the market, Mangal said.

"Stockists and farmers are offloading their inventories of chana in fear of a further fall in prices," Mangal said. However, prices would not drop below the INR 6,000 per 100 kg level, he said. "Once the arrival of the new rabi crop begins, then we could see prices dip below INR 6,000 per 100 kg in some major trading hubs," he said.

Kalaburagi in Karnataka began receiving small arrivals of the new chana rabi crop, according to the India Pulses and Grains Association. The market received 8 bags (1 bag = 100 kg) of the new chana, and was priced at INR 6,301 per 100 kg, the association said.

Prices of chana in Solapur in Maharashtra were also steady at INR 6,500-INR 6,550 per 100 kg, according to the association.

Prices of the new TUR in Kalaburagi were steady at INR 6,222-INR 8,553 per 100 kg, according to the association. Arrivals of the new tur rose by 1,628 bags to 5,869 bags (1 bag = 100 kg). Prices of the new tur in Solapur were also steady at INR 7,500-INR 8,111 per 100 kg, with the market receiving 70–75 trucks, or 70,000-75,000 kg of the new tur, according to the association.

Prices of tur could fall due to a drop in demand as mills in Tamil Nadu will be shut during Jan. 11-19 on account of Pongal, the association said in its weekly report released on Monday. After Pongal, or Makar Sankranti, arrivals from Vidarbha in Maharashtra, and from other major tur-producing states are expected to increase, weighing down on prices.

MASUR prices in Vidisha were steady at INR 5,500-INR 6,300 per 100 kg, Mangal said. Arrivals were steady at 150 bags (1 bag = 50 kg). Prices are steady as the demand for masur is on par with its supply, he said. Though prices could change by INR 50-100, it will not be substantial enough, he said.

However, once the new rabi masur arrival begins, prices could fall, Mangal said. Rabi sowing of masur was down 1.8% on year at 1.7 million hectares as of Dec. 30, according to data from the Department of Agriculture and Farmers Welfare.

Prices of the moti variety of masur were steady in the key wholesale market of Lalitpur in Uttar Pradesh at INR 5,500-INR 5,850 per 100 kg. Prices of the choti variety were also steady at INR 5,800-INR 6,200 per 100 kg, the association said. 

Prices of pulses in Akola in Maharashtra were unavailable as the market was shut due to a labour strike, Ankit Kedia, a local trader, said.  End

Edited by Saji George Titus

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