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CommodityWireIndia Pulses: Tur dn on low demand, chana falls on cheaper Australian imports
India Pulses

Tur dn on low demand, chana falls on cheaper Australian imports

This story was originally published at 17:36 IST on 5 February 2025
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Informist, Wednesday, Feb. 5, 2025

 

By Shreya Shetty

 

MUMBAI – Prices of tur and chana fell in key spot markets across the country, while those of moong were steady, traders said. Prices of tur fell due to low demand and continuous arrivals of the kharif crop in the market, they said. Prices of chana were down due to the availability of cheaper imports from Australia, they said.

 

TUR prices in Solapur, Maharashtra, fell by INR 50 from Tuesday to INR 6,500-INR 7,250 per 100 kg, Mukesh Sanklecha, a local trader said. The market received 20–25 trucks of tur, he said. "There is low demand in the market, and with continuous arrivals of the kharif crop from both Karnataka and Maharashtra, prices are weighed down," he said.

 

However, prices are not seen falling any further, remaining range-bound, Sanklecha said. As prices have already fallen below the minimum support price of INR 7,550 per 100 kg, the market will resist lower prices, he said. "Stockists are expected to begin their bulk purchases soon, as they have been waiting for prices to fall below the INR 7,000 per 100 kg mark," he said.

 

Prices of tur in Kalaburagi, Karnataka, fell by INR 94 from Tuesday to INR 6,006-INR 8,017 per 100 kg, according to the India Pulses and Grains Association. Arrivals rose by 1,006 bags to 3,822 bags (1 bag = 50 kg).

 

CHANA prices in Kota, Rajasthan, fell by INR 75 from Tuesday to INR 6,125-INR 6,175 per 100 kg, a local trader said. "Prices of domestic chana are governed by the availability of imports from Australia," he said. Demand for domestic chana is low as Australian imports are cheaper, and of good quality, he said.

 

Chana imports from Australia were the highest among all countries at 120,341.9 tonnes during the Apr-Nov period, according to data from the Ministry of Commerce and Industry. 

 

Prices of chana in Indore, Madhya Pradesh, were steady at INR 6,150-INR 6,200 per 100 kg, according to the association. 

 

The Akola market in Maharashtra received 700 bags (1 bag = 50 kg) of the new rabi arrivals, priced between INR 5,800 and INR 6,365 per 100 kg, according to the India Pulses and Grains Association. The Kalaburagi market in Karnataka received 275 bags of the new chana, priced between INR 5,785 per 100 kg and INR 6,036 per 100 kg, according to the association.

 

MOONG prices in Solapur were steady at INR 7,200-INR 8,400 per 100 kg, Sanklecha said. Though demand for moong is muted, supply of the pulse has also fallen, he said. With demand on a par with the supply, prices are stable, he said.

 

Prices of moong in Lalitpur, Uttar Pradesh, were steady at INR 6,000-INR 7,000 per 100 kg, according to the association.  End

 

Edited by Deepshikha Bhardwaj

 

 

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