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Informist, Tuesday, Mar. 25, 2025

By Shreya Shetty

MUMBAI – Prices of all pulses in most key sport markets across the country were steady due to low trading activity, traders said. With the financial year drawing to a close, most market participants were busy maintaining their accounts, they said. Prices of all pulses are expected to remain steady this week, they said.

CHANA prices in Indore, Madhya Pradesh, were steady at INR 5,625-INR 5,650 per 100 kg, said Kailash Kakani, a local trader. Prices were unchanged due to low trading activity in the market, he said. The number of active market participants has dropped as many of them are busy with book-keeping and paying off dues as the financial year draws to an end, he said.

Prices could remain unchanged for the rest of the week as arrivals of the rabi crop have also temporarily slowed down in the market, keeping prices steady, Kakani said.

The government is considering 11% import duty on chana – 5% basic customs duty, 5% agriculture infrastructure and development cess, and 1% social welfare cess, Informist reported on Tuesday, quoting a government official. This proposal, recommended by the Ministry of Consumer Affairs, will be finalised at an inter-ministerial committee meeting on Wednesday.

Prices of chana in Delhi fell by INR 50 from Monday to INR 5,550 per 100 kg due to a drop in demand amid low trading activity and higher arrivals of the rabi crop, traders said.

TUR prices in Akola, Maharashtra, were steady at INR 7,550-INR 7,575 per 100 kg, said Ankit Kedia, a local trader. Most of the market was shut on Tuesday, keeping prices unchanged, he said. "The spot market will remain mostly shut till Apr. 1 as everyone gets busy maintaining their accounts due to the financial year-end," he said. As such, the market did not receive arrivals either, keeping prices flat, he said.

While prices could remain unchanged this week, there could be some support from the government's procurement activities, Kedia said. As of Thursday, the National Agricultural Cooperative Marketing Federation procured 127,649.31 tonnes of tur for the 2024 kharif season under the price support scheme. In Maharashtra, NAFED has purchased 9,484.54 tonnes of tur so far.

Prices of tur in Kalaburagi, Karnataka, fell by INR 100 from Monday to INR 6,107-INR 7,663 per 100 kg, according to the India Pulses and Grains Association. Arrivals fell by 1,527 bags to 4,003 bags (1 bag = 50 kg).

MASUR prices in Ashok Nagar, Madhya Pradesh, were steady at INR 6,00-INR 6,150 per 100 kg, said Gaurav Kochar, a local trader. Prices were steady due to lack of trading activity in the market, he said. Kochar expects prices to fall in the short term due to an expected rise in arrivals of the rabi crop, he said. 

Prices of the moti variety of masur in Bareilly, Uttar Pradesh, were steady at INR 6,450 per 100 kg. Prices of the choti variety in Bareilly were also steady at INR 6,450 per 100 kg, according to the association.  End

Edited by Avishek Dutta

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