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Informist, Friday, Mar. 28, 2025

By J. Navya Sruthi

MUMBAI – Chana prices increased in key Indian markets following the government's announcement on import duties for chana shipments, traders said. Tur prices also saw a slight rise on Friday, driven by steady demand. However, masur prices remained unchanged from the previous day, according to traders.

CHANA prices in Indore, Madhya Pradesh, were up by INR 100 at INR 5,750 per 100 kg as the government has imposed a 10% import duty on the pulse, local trader Kailash Kakani said. However, in the short term, Kakani anticipates that prices will remain steady due to the pressure from rabi arrivals. 

The government on Thursday reimposed 10% import duty on chana, with effect from Apr. 1. Earlier, the government had allowed duty-free import of chana and some other pulses to increase their availability and bring down their prices in the domestic market. In May last year, the government had extended the exemption to Mar. 31. 

Prices of chana were steady in Maharashtra's Akola from the previous day at INR 5,900 per 100 kg due to lack of new cues, Ankit Kedia, a local trader said. In the long term, he expects prices to reach the INR 7,000 per 100 kg level. However, he said prices are likely to be steady in the short term. There were no arrivals in the market on Friday. 

Prices of chana in Delhi remained steady from the previous day at INR 5,675-INR 5,700 per 100 kg, according to the India Pulses and Grains Association.

TUR prices in Akola rose by INR 25-INR 50 to INR 7,700-INR 7,750 per 100 kg, said Kedia. There were no arrivals as most of the markets were shut, he said. Prices rose due to firm demand, Kedia said, adding that prices are likely to increase by INR 200-INR 300 per 100 kg in April.

Prices of tur in Kalaburagi, Karnataka, were at INR 6,253 per 100 kg, up from INR 6,100 per 100 kg due to firm demand, the association said. Arrivals rose to 2,746 bags from 2,568 bags (1 bag = 50 kg) on the previous day.

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

Traders noted that farmers prefer selling masur to the government rather than to stockists and traders, as the pulse's price is currently below the minimum support price of INR 6,700 per 100 kg. They also anticipate that most of the masur crop in Uttar Pradesh will be sold to the government due to the higher prices being offered by the government.

The Centre has sanctioned procurement of 940,548 tonnes of masur during the 2024-25 rabi season under the price support scheme. The federation will purchase masur in Chhattisgarh, Madhya Pradesh, Haryana, and Uttar Pradesh at the minimum support price.  End

Edited by Subhojit Sarkar

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