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Informist, Monday, Mar. 3, 2025

By Shreya Shetty

MUMBAI – Prices of chana and tur fell, while those of moong were steady in key spot markets across the country Monday, traders said. Prices of chana fell on rising arrivals of the new rabi crop, they said. Prices of tur fell on muted demand, while prices of moong are expected to remain steady in the short term, they said.

CHANA prices in Indore, Madhya Pradesh, fell by INR 50 from Friday to INR 5,750-INR 5,800 per 100 kg, said Kailash Kakani, a local trader. Rising arrivals of the rabi crop in the state are keeping prices under pressure, he said. Arrivals of new chana in Maharashtra have been plentiful and of good quality, and the same is expected of arrivals in Madhya Pradesh, Kakani said. Prices could fall further by INR 100-INR 200 per 100 kg this week, he said.

Prices of chana could be supported if the government imposes an import duty on yellow peas, traders said. The deadline for duty-free imports of yellow peas expired Friday, and the government is yet to announce its decision on the same. Due to the lack of clarity, prices of chana have remained unaffected, they said. The government had removed the 50% import duty on yellow peas in December 2023. Yellow peas are a cheaper alternative to chana.

Prices of chana in Akola, Maharashtra, fell by INR 50 from Friday to INR 5,625-INR 5,650 per 100 kg, according to the India Pulses and Grains Association. Arrivals fell by 5,000 bags to 12,000 bags (1 bag = 50 kg).

TUR prices in Solapur, Maharashtra, fell by INR 50 from Friday to INR 6,500-INR 7,450 per 100 kg, said Mukesh Sanklecha, a local trader. Low demand from mills is weighing on prices, he said. Demand from stockists also fell as they are done stocking up on the legume for now, he said.

Prices could fall further as the summer season sets in, as some of the market will shift to dealing in mangoes, Sanklecha said. However, a steep fall in prices is unlikely as farmers will resist selling at prices much lower than the minimum support price of INR 7,550 per 100 kg, he said.

Prices of tur in Kalaburagi in Karnataka fell by INR 212 from Friday to INR 6,111-INR 8,023 per 100 kg, according to the association. Arrivals rose by 682 bags to 5,307 bags (1 bag = 50 kg).

MOONG prices in Solapur were steady at INR 7,200-INR 8,400 per 100 kg, Sanklecha said. While arrivals are low, so is the demand for moong, keeping prices steady, he said. Despite muted market activity, prices of moong are likely to remain steady in the short term. Sowing of the summer moong crop has already begun in various states, and as the season progresses, demand for the legume will increase, he said.

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

Edited by Rajeev Pai

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