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Informist, Wednesday, Mar. 5, 2025

By Shreya Shetty

MUMBAI – Prices of chana and masur rose in key spot markets across the country due to rise in demand during Ramadan, but the rise could be limited due to an expected increase in rabi arrivals of both crops, traders said. Prices of tur fell as demand from both mills and stockists remained muted, they said.

CHANA prices in Ashok Nagar, Madhya Pradesh, rose by INR 100 from Tuesday to INR 5,500-INR 5,600 per 100 kg, said Gaurav Kochar, a local trader. Prices are supported by a rise in demand due to Ramadan, he said. Mills need stocks for processing as Ramadan will continue for the rest of the month, he said.

Prices could also be supported by purchases by stockists in the near term. "The cheaper prices of chana could encourage stockists to start their bulk buying in certain states such as Maharashtra," Kochar said. However, prices could be weighed down by rising arrivals of the rabi crop, traders said.

The market is waiting for the government's announcement on imposition of import duty on yellow peas. The deadline for duty-free imports of yellow peas expired Friday. 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 Bikaner, Rajasthan, rose by INR 50 from Tuesday to INR 5,450 per 100 kg, traders said. The minimum support price of chana is INR 5,650 per 100 kg.

TUR prices in Solapur, Maharashtra, fell by INR 50 from Tuesday to INR 6,500-INR 7,400 per 100 kg, said Mukesh Sanklecha, a local trader. Low demand from mills is weighing on prices, he said. Demand from stockists has also fallen as they are done stocking up on the legume for now, he said.

Prices could remain low as some traders will soon shift to dealing in mangoes, Sanklecha said. Demand for tur dal, or processed tur, is also expected to be muted in the near term due the earlier-than-expected onset of summer. Typically, during summer, consumption of pulses drops as they increase body heat.

Prices of tur in Kalaburagi, Karnataka, fell by INR 129 from Tuesday to INR 6,111-INR 7,823 per 100 kg, according to the India Pulses and Grains Association. Arrivals fell by 3,270 bags to 4,606 bags (1 bag = 50 kg).

MASUR prices in Delhi rose by INR 50 from Tuesday to INR 6,375 per 100 kg, Kochar said. Similar to chana, prices of masur are supported by rise in demand due to Ramadan, he said. Prices could fall in the near term due to rise in arrivals of the rabi crop, he said.

Prices of the moti variety of masur rose by INR 100 from Tuesday in Lalitpur, Uttar Pradesh, to INR 5,600-INR 5,800 per 100 kg. On the other hand, prices of the choti variety fell by INR 100 from Tuesday to INR 5,900-INR 6,200 per 100 kg, the association said.  End

Edited by Ashish Shirke

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