Chana prices to depend on flow of arrivals in key states, says pulses body
This story was originally published at 14:38 IST on 7 April 2025
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MUMBAI – The trend in chana prices in the short term will depend on the flow of arrivals in the key producing states of Rajasthan, Gujarat, and Madhya Pradesh, the India Pulses and Grains Association said in its weekly report on Monday. Arrivals are expected to peak soon, with harvest of the crop coming to an end in various parts of the country.
Prices could be supported as farmers are more keen on selling at higher rates in spot markets, the association said. The progression in the government's procurement and purchases by stockists will be crucial in determining the price trend.
On the other hand, millers are likely to be buy less at higher prices, particularly due to weak demand for chana dal, or processed chana, and besan during the summer, the association said. A rise in prices could be limited due to the availability of ample stocks, with around 440,000 tonnes of imported chana and 785,000 tonnes of imported yellow peas lying at ports.
Prices of chana were up in the week ended Saturday due to rise in demand from traders and stockists and lower-than-expected arrivals after the market reopened following a five-day closure for the financial year-end. Expectations of a rise in the government's procurement also raised market sentiment.
In Madhya Pradesh, higher soybean levels prompted stockists to sell off their inventories of the oilseed and stock up chana instead, which was priced below the minimum support price of INR 5,650 per 100 kg.
In the week ended Saturday, prices of chana in Indore, Madhya Pradesh, rose by INR 250 per 100 kg from the previous week to INR 6,150-INR 6,200 per 100 kg, according to the association. Prices of chana in Akola, Maharashtra, rose by INR 350 per 100 kg to INR 6,225-INR 6,250 per 100 kg. End
Reported by Shreya Shetty
Edited by Ashish Shirke
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