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Informist, Friday, Apr. 4, 2025

By Shreya Shetty

MUMBAI – Prices of chana and tur fell on Friday while prices of masur remained steady in key spot markets across India, traders said. Prices of chana fell slightly after a jump in the previous day, but are seen rising in the short term due to demand from stockists, they said. Tur prices fell due to a decline in demand, usually seen at the beginning of the summer season, they said.

CHANA prices in Indore, Madhya Pradesh, fell by INR 50 to INR 6,050-INR 6,100 per 100 kg, said Raja Jain, a local trader. On Thursday, prices had risen by INR 150-INR 200 per 100 kg due to renewed demand from traders, millers, and stockists, he said. 

However, Jain expects prices to rise again because of strong demand from stockists as their inventories are currently empty. "Stockists are expected to continue purchasing chana for the next 15 days at least," he said. Though prices are above the minimum support price of INR 5,650 per 100 kg, they are still on the lower side, making the legume attractive to buyers.

Prices of chana in Delhi fell by INR 25 from Thursday to INR 5,825 per 100 kg, traders said.

TUR prices in Solapur, Maharashtra, fell by INR 50 to INR 6,500-INR 7,450 per 100 kg, said Rahul Srinivas, a local trader. The market received 40-45 trucks (1 truck = 20,000-25,000 kg) of arrivals, he said. Prices were weighed down by a fall in demand, which is usually seen during the early days of the summer season, he said. 

Demand for the legume also fell as many tur traders shifted to dealing in mangoes, said Srinivas, adding that the mango harvest was good this year, and more profitable than tur during the current season. However, demand for tur is expected to rise after mid-May, when the mango season starts wrapping up, he added.

Prices of tur in Kalaburagi, Karnataka, fell by INR 200 from Thursday to INR 6,029-INR 7,619 per 100 kg, according to the India Pulses and Grains Association. Arrivals rose by 1,275 bags to 5,613 bags (1 bag = 50 kg).

MASUR prices in Indore were steady at INR 6,100-INR 6,150 per 100 kg, Jain said. Prices remained unchanged due to lack of fresh cues, he said. Jain expects prices to fluctuate by INR 500 per 100 kg in the next couple of months. "No particular change in demand and supply is foreseen in the medium term," he said. 

Prices could find some support from the government's procurement, but it will not be substantial enough for an upward trend in prices, traders said. The government has approved the procurement of 940,548 tonnes of masur for the season, which is yet to begin. The National Agricultural Cooperative Marketing Federation will purchase masur from Chhattisgarh, Madhya Pradesh, Haryana, and Uttar Pradesh at the minimum support price of INR 6,700 per 100 kg.

Prices of the moti variety of masur in Bareilly, Uttar Pradesh, remained steady at INR 6,550-INR 6,575 per 100 kg, the association said. Prices of the choti variety of masur in Bareilly were also steady at INR 6,900-INR 6,950 per 100 kg.  End

Edited by Subhojit Sarkar

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