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Informist, Wednesday, Jan. 15, 2025

By Shreya Shetty

MUMBAI – Prices of chana fell in some key spot markets across the country due to the availability of cheaper imports from Australia, traders said. Prices of tur were steady and are likely to remain so until the arrival of better quality pulse in the next few weeks, they said.

CHANA prices in Indore, Madhya Pradesh, were down by INR 100-120 from Monday to INR 6,500-INR 6,600 per 100 kg, Kailash Kakani, a local trader said. The market was closed on Tuesday on account of Makar Sankranti. 

"Demand for domestic chana is extremely low due to the availability of cheaper Australian imports," Kakani said. Chana from Australia is priced at INR 6,050 per 100 kg, he said. "As long as there are cheaper imports, demand for chana will be sluggish," he said.

Prices of chana in Solapur in Maharashtra were steady at INR 6,300-INR 6,400 per 100 kg, according to the India Pulses and Grains Association.

TUR prices in Akola, Maharashtra, were steady at INR 7,700-INR 7,725 per 100 kg, said a local trader Ashok Gupta. Arrivals were steady at 3,000 bags (1 bag = 50 kg). "There is some demand from mills, keeping prices from falling," he said. Demand has not risen substantially as the new arrivals of the kharif crop from Maharashtra still have a higher moisture content, he said. 

Many mills and stockists are holding back from purchases until the arrival of tur with low moisture content in a few weeks, Gupta said. Until then, prices are expected to remain steady, he said. A high moisture content in tur lowers its quality. Demand from the northern part of the country is also expected to increase by February, he said.

Similarly, prices of tur in Solapur, Maharashtra, were steady at INR 7,500-INR 7,750 per 100 kg, according to the association. The market received arrivals of 35–40 trucks, or 35,000-40,000 kg.

URAD prices in Chandausi, Uttar Pradesh, were steady at INR 7,550-INR 7,600 per 100 kg, according to the association, with arrivals of 100 bags (1 bag = 50 kg). Prices of urad in Kota, Rajasthan, were also steady at INR 6,000-INR 7,000 per 100 kg, with arrivals of 1,000 bags (1 bag = 50 kg).

The National Agricultural Cooperative Marketing Federation of India has commenced urad purchases only in Rajasthan. As of Monday, NAFED has procured 31.25 tonnes of the 149,240 tonnes approved by the government, according to the data. The government has sanctioned a total of 939,720 tonnes of urad for procurement, which will be bought at the minimum support price of INR 7,400 per 100 kg from all states. NAFED has not started urad procurement in Karnataka, Telangana, Maharashtra, Tamil Nadu, Gujarat, Uttar Pradesh, Andhra Pradesh, and Haryana so far.  End

Edited by Deepshikha Bhardwaj

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