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CommodityWireIndia Pulses: All down; chana, tur prices fall on muted buying by millers
India Pulses

All down; chana, tur prices fall on muted buying by millers

This story was originally published at 20:56 IST on 11 March 2025
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Informist, Tuesday, Mar. 11, 2025

 

By Anjali Lavania

 

MUMBAI – Prices of pulses fell in key spot markets across the country Tuesday, traders said. Prices of chana fell due to sluggish demand, higher arrivals of the rabi crop, and reduced buying by millers, they said. 

 

CHANA prices at Indore in Madhya Pradesh fell by INR 50 to INR 5,650-INR 5,750 per 100 kg, said local trader Kailash Kakani. In Akola, Maharashtra, chana prices were down by INR 100 to INR 5,650 per 100 kg due to fall in purchases by millers, said Ankit Kedia, a local trader. Traders and millers have cut down on purchases as workers have gone on leave for Holi, he said.

 

"Vessel named 'M.V. LILA SYDNEY' carrying 26,829.960 tonnes of desi chickpea from Australia is expected to arrive at Kandla port on Tuesday," according to the India Pulses and Grains Association. This may put pressure on prices. However, lower chana output in 2024-25 could act as a support. According to the agriculture ministry's second advance estimate released Monday, chana output in 2024-25 is pegged at 11.5 million tonnes, down from 12.3 million tonnes a year ago. 

 

TUR prices at Akola in Maharashtra fell by INR 100 to INR 7,400 per 100 kg, said Kedia. Tur prices are falling due to reduced buying by millers and stockists as they have already stocked up enough, he added. The agriculture ministry's second advance estimate has pegged tur production in 2024-25 at 3.5 million tonnes, unchanged from the first estimate.

 

MASUR prices in Indore fell by INR 100 to INR 6,000-INR 6,050 per 100 kg, according to the association. The second advance estimate has pegged masur production in 2024-25 at 1.8 million tonnes, up from 1.6 million tonnes during last year.  

 

URAD prices in Jaipur, Rajasthan, were down by INR 100 to INR 7,800-INR 8,300 per 100 kg, according to the association. Rise in rabi arrivals in Andhra Pradesh and Tamil Nadu may push prices further down, the association said in its weekly report. 

 

However, seasonal demand for urad to make papad, low domestic arrivals, and depreciation of the rupee against the dollar can support urad prices in the near-term, the association said.

 

The government has extended duty-free imports of urad by another year till Mar. 31, 2026, the Directorate General of Foreign Trade said in a notification on Monday. Earlier, the government had allowed duty-free import of the commodity till Mar. 31, 2025. India imported 528,050.55 tonnes of urad in Apr-Nov, up 31.6% on year, according to data from the Ministry of Commerce and Industry.  End

 

Edited by Ashish Shirke

 

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