More Stories

Informist, Friday, Jan. 24, 2025

By Shreya Shetty

MUMBAI – Prices of tur were steady in key spot markets across India on Friday, but are seen falling due to high arrivals of the kharif crop, traders said. Prices of chana declined due to low demand for the domestic crop on the availability of cheaper imports from Australia. Prices of masur were steady, they said.

Prices of TUR in Akola, Maharashtra, were steady at INR 7,600-INR 7,650 per 100 kg, Ankit Kedia, a local trader said. Arrivals were steady at 7,000 bags (1 bag = 50 kg). "The downtrend in prices has paused temporarily due to some need-based buying by millers," he said, while adding prices are under pressure because of high arrivals of the kharif crop, he said.

Prices may fall for the next 15–20 days, according to Kedia. "The state (Maharashtra) government has issued notices for procurement, but they will only start purchases after 15–20 days as they are waiting for better quality tur arrivals," Kedia said. Currently, the tur coming into the market is high in moisture content, he said. The acceptable levels of moisture in the pulse are between 10% and 12%, he said.

Prices of tur at Kalaburagi in Karnataka were steady at INR 6,111-INR 8,155 per 100 kg, according to the India Pulses and Grains Association. Arrivals in the market fell by 1,294 bags to 3,727 bags (1 bag = 50 kg).

CHANA prices in Ashok Nagar, Madhya Pradesh, were down by INR 50-INR 100 from Thursday to INR 5,900-INR 6,100 per 100 kg, local trader Guarav Kochar said. Demand for domestic chana is muted due to the availability of cheaper imports from Australia, he said. 

Australia exported 349,904 tonnes of chana last November, up from 32,698 tonnes exported in the same month in 2023, according to data from the Australia Bureau of Statistics. The jump in numbers is due to a much larger chana crop in Australia, prompted by demand from India, the association said. 

Prices of chana in Maharashtra's Solapur were steady at INR 6,100-INR 6,200 per 100 kg, according to the association.

In the Kalaburagi market, arrivals of the new rabi crop have started, the association said. The market received 61 bags (1 bag = 50 kg) of the new chana, priced at INR 5,800-INR 5,900 per 100 kg, the association said.

MASUR prices in Vidisha, Madhya Pradesh, were steady at INR 5,500-INR 6,100 per 100 kg, with arrivals of 100 bags (1 bag = 50 kg), Dinesh Mangal, a local trader said. Prices are expected to fall once arrivals of the new rabi crop begin, he said. As of Monday, masur acreage in the ongoing rabi season was down nearly 2% at 1.74 million hectares, 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 5,400-INR 5,850 per 100 kg. Prices of the choti variety were also steady at INR 5,800-INR 6,150 per 100 kg, the association said.  End

Edited by Subhojit Sarkar

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.