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Informist, Tuesday, Mar. 4, 2025

By Shreya Shetty

MUMBAI – Prices of chana and tur fell, while prices of moong were steady in key spot markets across the country, traders said. Prices of chana fell owing to high arrivals of the rabi crop, but could find some support in the near term as stockists begin their purchases, they said. Prices of tur fell on low demand from mills as well as stockists, they said.

CHANA prices in Akola, Maharashtra, fell by INR 50 from Monday to INR 5,600-INR 5,625 per 100 kg, said Ankit Kedia, a local trader. Arrivals of the rabi crop rose by 1,000 bags to 13,000 bags (1 bag = 100 kg). Demand from mills is muted as they already have stocks of Australian chana, he said. Prices are also under pressure from rising arrivals of the rabi crop, he said. 

However, stockists are expected to begin purchases soon, as prices have fallen considerably, dipping below the minumum support price of INR 5,650 per 100 kg, Kedia said.

The market is awaiting the government's announcement on the imposition of import duty on yellow peas, Kedia said. The deadline for duty-free imports of yellow peas expired Friday. "If the government brings back duties on yellow pea imports, prices of chana could be supported in the short term," he said.

Prices of chana in Indore, Madhya Pradesh, were steady at INR 5,750-INR 5,800 per 100 kg, according to the India Pulses and Grains Association.

TUR prices in Akola fell by INR 50 from Monday to INR 7,525-INR 7,550 per 100 kg, Kedia said. Arrivals rose by 500 bags to 4,000 bags (1 bag = 50 kg). Prices have been stuck in a range for the past few days, and are likely to continue being so, he said. While demand from stockists has fallen, mills are also buying less, he said. 

"Mills are not buying much as the daily demand for tur has dropped," Kedia said. Demand for tur dal, or processed tur, is expected to be muted due to Ramadan and earlier-than-expected onset of summer, the association said. Typically, during summer, the consumption of pulses drops as they increase body heat.  

Prices of tur in Kalaburagi, Karnataka, fell by INR 70 from Monday to INR 6,100-INR 7,952 per 100 kg, according to the association. Arrivals rose by 2,769 bags to 8,076 bags (1 bag = 50 kg).

MOONG prices in Solapur, Maharashtra, were steady at INR 7,200-INR 8,400 per 100 kg, said Mukesh Sanklecha, a local trader. While arrivals are low, so is the demand for moong, keeping prices steady, he said. 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.

As of Thursday, the acreage under moong in the summer crop season jumped to 317,500 hectares from 99,700 hectares sown a year ago, according to data from the agriculture ministry.

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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