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Informist, Monday, Mar. 17, 2025

By Shreya Shetty

MUMBAI – Prices of chana and tur fell Monday, while those of moong were steady in key spot markets across the country, traders said. Prices of chana fell due to high arrivals of the rabi crop, they said. Prices of tur fell due to muted demand as traders are shifting to dealing in mangoes for the season, they said. Prices of moong are expected to stay steady in the short term, they added.

CHANA prices in Indore, Madhya Pradesh, fell INR 50 from Saturday to INR 5,600-INR 5,650 per 100 kg, said Kailash Kakani, a local trader. Spot markets across the country were shut on Friday for Holi. Prices are weighed down by high arrivals of the rabi crop, he said. Prices are likely to fall further by INR 100-INR 200 per 100 kg in the short term under the pressure of arrivals, especially since the crop yield is looking good, he said.

According to the agriculture ministry's second advance estimates released Monday, chana output in the 2024-25 season is pegged at 11.5 million tonnes, down from 12.3 million tonnes calculated in the second estimate a year ago, but up from 11 million tonnes in the final estimate last year.

Market participants are divided on the government's likely decision on duty-free imports of chana after Mar. 31. Some believe the government will extend the duty-free imports, while others are not quite sure.

Prices of chana in Delhi fell by INR 75 from Saturday to INR 5,350-INR 5,375 per 100 kg, according to the India Pulses and Grains Association. The minimum support price of chana is INR 5,650 per 100 kg.

TUR prices in Solapur, Maharashtra, fell by INR 50 from Saturday to INR 6,500-INR 7,150 per 100 kg, said Mukesh Sanklecha, a local trader. Arrivals were steady at 20-25 trucks (1 truck = 20,000-25,000 kg), he said. Prices are dropping due to muted demand for the legume, he said. 

With some market participants shifting to dealing in mangoes from tur, business in the latter has dropped, Sanklecha said. "The mango output this season is good and more profitable, so many traders have begun buying mangoes, moving away from tur," he said.

Prices of tur in Kalaburagi, Karnataka, were steady at INR 6,200-INR 7,679 per 100 kg, according to the association. Arrivals were steady at 3,157 bags (1 bag = 100 kg). The minimum support price of tur is INR 7,550 per 100 kg.

MOONG prices in Solapur were steady at INR 7,200-INR 8,400 per 100 kg, Sanklecha said. Despite muted market activity, prices of moong are likely to remain steady in the short term. Sowing of the summer moong crop has already begun in various states, and markets will begin recieving some arrivals of the same in one more month, he said.

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 Tanima Banerjee

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