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CommodityWireIndia Pulses: Prices unch; tur seen staying above MSP despite high arrivals
India Pulses

Prices unch; tur seen staying above MSP despite high arrivals

This story was originally published at 21:36 IST on 17 January 2025
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Informist, Friday, Jan. 17, 2025

 

By Shreya Shetty

 

MUMBAI – Prices of all pulses were steady in key spot markets across the country, traders said. Prices of tur are seen staying above the minimum support price of INR 7,550 per 100 kg despite a rise in arrivals of the kharif crop, they said. Prices of chana are likely to remain steady till the arrival of the new rabi crop, they said. Prices of moong are seen rising on short supply, they said.

 

Prices of TUR in Kalaburagi in Karnataka were steady at INR 6,355-INR 8,169 per 100 kg, Veerkumar Kadkol, a local trader said. Arrivals of the new tur are widely varied on quality, with the lower quality crop being sold at the lower range of prices, he said.

 

"Tur which has a higher moisture content, is deformed, or has caught too much dirt is being sold at prices lower than the minimum support price," he said. The quality of the crop deteriorates when the pulse and its hull, or the husk of the pulse fuses, making it impossible to de-hull after harvest, he said. Such tur is unfit for human consumption and is usually sold at lower rates as animal feed, he said.

 

The better quality tur is sold at a price range higher than the minimum support price of INR 7,550 per 100 kg, he said. Though arrivals of the kharif crop from Maharashtra, Karnataka, and Andhra Pradesh is seen increasing in the next few days, prices are unlikely to fall below the minimum support price, he said.

 

Prices of tur in Akola in Maharashtra were also steady at INR 7,750-INR 7,800 per 100 kg, according to the India Pulses and Grains Association. Arrivals of the pulse halved to 150 bags (1 bag = 50 kg).

 

CHANA prices in Kota, Rajasthan, were steady at INR 5,500-INR 5,570 per 100 kg, according to a local trader. Arrivals were also steady at 500 bags (1 bag = 50 kg). "Prices have been range-bound since the last few days after being on a continuous downtrend," he said. Sluggish demand for domestic chana amid the availability of ample imports from Australia is weighing on prices, he said.

 

Prices of chana are expected to be stable till the arrival of the new rabi crop, he said. "After Feb. 15, when arrivals of the new chana crop begin, prices could drop below the minimum support price of INR 5,500 per 100 kg briefly, before bouncing back on renewed demand," he said.

 

Similarly, prices of chana in Indore in Madhya Pradesh were steady at INR 6,475-INR 6,500 per 100 kg, according to the association.

 

The Kalaburagi market began receiving few arrivals of the new rabi crop, according to the association. The market received 30 bags (1 bag = 50 kg) of the new chana, priced at INR 5,912-INR 6,215 per 100 kg, according to the association.

 

MOONG prices in Kalaburagi were steady at INR 7,000-INR 8,000 per 100 kg, Kadkol said. Prices could rise in a few weeks as arrivals of the kharif crop have decreased, but demand for moong is still substantial, he said. Prices of the pulse are expected to increase by INR 5-6 per kg, he said.

 

Prices of moong in Solapur in Maharashtra were steady at INR 7,200-INR 8,400 per 100 kg, according to the association.  End

 

Edited by Deepshikha Bhardwaj

 

 

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