More Stories

Informist, Tuesday, Feb. 25, 2025

By Shreya Shetty

MUMBAI – Prices of chana and tur were mixed across key spot markets in the country, while prices of moong were steady, traders said. Prices of chana were steady in some markets, but fell in others due to pressure from rising arrivals, they said. Similarly, prices of tur were steady in some and fell in others, they said.

CHANA prices were steady in Indore in Madhya Pradesh at INR 5,800-INR 6,000 per 100 kg, while they declined in Akola in Maharashtra. Though there is some demand, prices are weighed down by arrivals of the new rabi crop,  Kailash Kakani, a trader in Indore, said. Arrivals of the rabi crop have increased across spot markets in Madhya Pradesh, and the quality of chana is good as well, he said. Prices are seen falling by INR 100-INR 200 per 100 kg by the end of the week, Kakani said. 

Though chana production is seen falling in the 2024-25 rabi season, the overall situation is not "too bad", analysts said. Experts see chana output at 9.5 million tonnes to 10.4 million tonnes, down from 11.04 million tonnes last year. The government's target for the chana crop in 2024-25 is 13.65 million tonnes.

Prices of chana in Akola were down INR 50 at INR 5,600-INR 5,625 per 100 kg, according to the India Pulses and Grains Association. Arrivals fell by 5,000 bags to 15,000 bags (1 bag = 50 kg).

TUR prices were also mixed. Prices were steady in Solapur in Maharashtra at INR 6,500-INR 7,500 per 100 kg but declined by INR 51 from Monday to INR 6,200-INR 7,800 per 100 kg in Kalaburagi in Karnataka.

Prices are steady in the lower range in Solapur after falling previously due to low demand from millers, Mukesh Sanklecha, a local trader said. Prices are expected to remain steady amid overall low demand and some purchases by stockists, he said.

While raw tur is available in large quantities with farmers, they are unwilling to sell at lower rates in the open market after seeing higher rates last year, the association said in its weekly report on Monday. The government is also not procuring aggressively, it said. "It's a wait-and-watch situation overall," it said.

Tur arrivals in Kalburgi fell by 1,376 bags to 3,249 bags (1 bag = 50 kg), according to the association.

MOONG prices in Solapur were steady at INR 7,200-INR 8,400 per 100 kg, Sanklecha said. While demand for the pulse is low, supply is also down, thus keeping prices steady, he said. "There are no expectations of a rise in demand for moong anytime soon, so prices could remain steady in the medium term," he said. Sowing of the summer moong crop has already begun in some states, he said.

Prices of moong in Lalitpur in Uttar Pradesh were steady at INR 6,500-INR 7,200 per 100 kg, according to the association.  End

Edited by Saji George Titus

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.