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Informist, Friday, Mar. 7, 2025

By Shreya Shetty

MUMBAI – Prices of all pulses were unchanged in key spot markets across the country, traders said. Prices of chana are likely to fall in the short term owing to rising arrivals of the rabi crop, though prices could find some support in April once stockists begin their purchases, they said. Prices of tur are expected to be range-bound for the rest of the month due to a seasonal drop in demand, they said.

CHANA prices in Indore, Madhya Pradesh, were steady at INR 5,700-INR 5,900 per 100 kg, said Raja Jain, a local trader. There is some demand for the new rabi arrivals, keeping prices steady, he said. However, prices are likely to fall in the short term as arrivals of the new crop in the state will only increase, he said. 

Prices could find some support in April once stockists begin their bulk purchases in the state, Jain said. "Stockists are waiting for prices to fall further," he said. Prices could also be supported in the short term as the market expects the government to impose tariffs on the imports of yellow peas soon, 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 of chana in Bikaner, Rajasthan, were steady at INR 5,550-INR 5,600 per 100 kg, according to the India Pulses and Grains Association. Arrivals were steady at 100 bags (1 bag = 50 kg).

TUR prices in Akola, Maharashtra, were steady at INR 7,500-INR 7,525 per 100 kg, said Ashok Gupta, a local trader. Arrivals rose by 2,000 bags to 4,500 bags (1 bag = 50 kg). Prices are steady in the lower range due to low demand, he said. "Usually, the market enters a standstill period in March as arrivals of the kharif crop slow down and demand from mills and stockists drop as they have already bought everything needed for the processing pipeline," he said.

Prices are likely to remain steady in the same range for the rest of the month, Gupta said. Though arrivals of imports from Myanmar are seen rising as the country's farmers complete their harvest, prices of domestic tur could remain unaffected in the medium term. "Prices of domestic tur are cheaper, so a rise in imports is unlikely to influence domestic prices negatively," he said. 

Prices of tur in Kalaburagi, Karnataka, fell by INR 102 from Thursday to INR 6,200-INR 7,750 per 100 kg, according to the association. Arrivals rose by 1,279 bags to 4,170 bags (1 bag = 50 kg).

MASUR prices in Indore were steady at INR 6,100-INR 6,125 per 100 kg, Jain said. Prices are steady despite a rise in arrivals of the rabi crop as the market is resisting a fall below INR 6,000 per 100 kg, he said. In the short term, prices could remain steady, but by April, prices could give in to the arrival pressure and fall, he said.

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

Edited by Rajeev Pai

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