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Informist, Wednesday, Apr. 2, 2025

By Shreya Shetty

MUMBAI – Prices of chana rose, while prices of tur and urad fell in key spot markets across the country. Prices of chana rose due to low arrivals and need-based demand from mills, traders said. Prices of tur fell due to muted demand, while prices of urad fell due to availability of ample imports and domestic crop, they said.

CHANA prices in Indore, Madhya Pradesh, rose by INR 50 from Tuesday to INR 5,950-INR 6,000 per 100 kg, said Kailash Kakani, a local trader. Though the market resumed activities after being shut from Friday to Tuesday due to the financial year-end, arrivals are yet to begin in full swing, he said.

Prices also rose due to need-based demand from millers as they stock up on the legume after the closure, Kakani said. However, a further rise in prices could be limited as arrivals of the rabi crop will resume soon, with a good harvest across the country, especially in Gujarat and Rajasthan, he said. 

Though the government announced the imposition of tariffs on chana imports on Thursday, there has been no major impact on prices in the domestic market yet, mainly due to the availability of ample stocks of imported chana and yellow peas, experts and traders said. The 10% tariff is also deemed too low to have a significant impact, they said.

Prices of chana in Delhi also rose by INR 25 from Tuesday to INR 5,700 per 100 kg, traders said.

TUR prices in Solapur, Maharashtra, fell by INR 50 from Tuesday to INR 6,500-INR 7,500 per 100 kg, said Mukesh Sanklecha, a local trader. The market recieved 30-35 trucks (1 truck = 20,000-25,000 kg) of arrivals, he said. Prices are down due to a temporary dip in demand, as mills and stockists have already stocked up on the legume, he said. 

In the short term, prices of tur could be supported by the government's procurement activities, traders said. The government has procured 246,000 tonnes of tur from Andhra Pradesh, Gujarat, Karnataka, Maharashtra, and Telangana as of Mar. 25, according to a release by the Ministry of Agriculture & Farmers' Welfare on Thursday. 

On other hand, prices tur in Kalaburagi, Karnataka, rose by INR 200 from Tuesday to INR 6,000-INR 7,900 per 100 kg, according to the India Pules and Grains Association. Arrivals rose by 875 bags to 6,991 bags (1 bag = 50 kg).

URAD prices in Chandausi, Uttar Pradesh, fell by INR 50 from Tuesday to INR 7,450 per 100 kg, according to the association. Prices of urad in Guntur, Andhra Pradesh, also fell by INR 50 from Tuesday to INR 7,600 per 100 kg, traders said. 

Prices of urad are either likely to remain stable or fall in the near term due to the steady supply of imports, the association said in its weekly report on Monday. The government extended duty-free imports of urad by another year till Mar. 31, 2026, the Directorate General of Foreign Trade said in a notification on Mar. 10. 

The ongoing arrivals of the rabi crop in spot markets in south India and a robust progress in summer sowing will aid in keeping prices in check, the association said. As of Friday, the acreage under urad during the ongoing summer crop season was 205,000 hectares, up 20.6% on year, according to data from the agriculyure ministry.  End

Edited by Akul Nishant Akhoury

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