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Informist, Thursday, Mar. 6, 2025

By Shreya Shetty

MUMBAI – Prices of chana rose, while prices of tur and masur were steady in key spot markets across the country, traders said. Prices of chana were supported by hope that a duty would be levied on yellow pea imports, they said. Prices of tur are likely to fall in the medium term as market players shift their resources to dealing in mangoes in view of the early onset of summer, they said. Prices of masur are seen falling next month on rising arrivals of the rabi crop, they said.

CHANA prices in Vidisha, Madhya Pradesh, rose by INR 50 from Wednesday to INR 5,200-INR 5,800 per 100 kg, said Dinesh Mangal, a local trader. Demand for the new rabi crop has increased slightly on hope of the governent imposing tariffs on yellow pea imports soon, he said. "Some market players are convinced tarrifs will be imposed on yellow pea imports soon, though there is no clarity from the government about the same yet," he said.

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 are also supported by a rise in demand due to Ramadan, Mangal said. However, a steep rise in prices is unlikely as pressure from rising arrivals of the rabi crop persists, he said. 

On the other hand, prices of chana in Akola, Maharashtra, fell by INR 50 from Wednesday to INR 5,675-INR 5,700 per 100 kg, according to the India Pulses and Grains Association. Arrivals fell by 2,000 bags to 8,000 bags ( 1 bag = 50 kg).

TUR prices in Solapur, Maharashtra, were steady at INR 6,500-INR 7,400 per 100 kg, said Rahul Srinivas, a local trader. Prices are expected to remain steady in the lower range in the short term as demand from mills and stockists is not seen rising anytime soon, he said. 

In the medium term, prices of tur could fall due to an earlier-than-expected start of the mango season, Srinivas said. With the earlier onset of summer this year, arrivals of mangoes have already begun in some key markets, and the season is also expected to run longer than usual, he said. This has prompted some traders and buyers to shift to dealing in mangoes from tur, he said.

Prices of tur in Katni, Madhya Pradesh, were steady at INR 6,800-INR 7,300 per 100 kg, according to the association.

MASUR prices in Vidisha were steady at INR 5,500-INR 6,100 per 100 kg, Mangal said. Prices are steady amid some festival demand ahead of Holi on Mar. 14, he said. There is also some demand due to Ramadan, he said. 

Prices are expected to fall by April, when arrivals of the new rabi masur are likely to begin in full swing, Mangal said. "The quality of the new crop is good, so it could deter a steep fall in prices," he said.

Prices of the moti variety of masur in Lalitpur, Uttar Pradesh, rose by INR 25 to INR 5,600-INR 5,825 per 100 kg, while prices of the choti variety were steady at INR 5,900-INR 6,200 per 100 kg, according to the association.  End

Edited by Avishek Dutta

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