Grains Report
Pulses body sees chana prices down on high imports, arrivals of rabi crop
This story was originally published at 12:27 IST on 3 March 2025
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MUMBAI – Prices of chana are expected to remain under pressure in the near term due to a large supply of imported stocks, the availability of yellow peas, and increasing arrivals of the new rabi crop, the India Pulses and Grains Association said in its weekly report on Monday.
However, the drop in prices could attract private traders and stockists, given that the government has not announced an extenstion of the duty-free import policy on yellow peas, which expired on Friday. Yellow peas are used as a cheaper alternative to chana.
A rise in demand ahead of Holi, which will be celebrated on Mar. 14, could also support prices. Procurement by the government could also impact prices in the coming weeks, the association said.
On the other hand, the demand for processed chana, or chana dal, will be low due to Ramadan, which will end on Mar. 28, and the earlier than expected onset of hot weather, the association said.
In the week ended Saturday, prices of chana stayed low due to subdued demand, the association said. Prices were also weighed down by rising arrivals of the rabi crop in Maharashtra, with better yields than last year, along with new arrivals in Madhya Pradesh. Cheaper chana imports and large stocks of yellow peas also put pressure on chana prices.
In Akola, Maharashtra, prices of chana in the week ended Saturday fell by INR 75 per 100 kg from the previous week to INR 5,700-INR 5,725 per 100 kg, according to the association. Prices in Delhi fell by INR 75 per 100 kg to INR 5,950-INR 5,975 per 100 kg. End
Reported by Shreya Shetty
Edited by Avishek Dutta
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