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Informist, Monday, Apr. 7, 2025

By Shreya Shetty

MUMBAI – Prices of chana fell while those of tur and moong were steady in key spot markets across India, traders said. Prices of chana declined due to low demand from millers, who were discouraged by a jump in prices last week. Chana prices rose last week due to strong demand from stockists. On other hand, prices of tur and moong were stable amid steady demand and supply, the traders said.

CHANA prices in Indore, Madhya Pradesh, fell by INR 100 from Friday to INR 6,075-INR 6,100 per 100 kg, said Kailash Kakani, a local trader. "Prices rose too much last week due to strong demand from millers, discouraging millers from purchasing at higher rates," he said. On Thursday, prices of chana had jumped by INR 150-INR 300 per 100 kg across major trading hubs.

The fall in prices could be limited as mills are bound to resume buying to keep their inventories full, Kakani said. However, he does not see a rise in prices beyond INR 100 per kg because of a likely fall in consumption of the legume in the summer season.

Prices of chana in Delhi fell by INR 50 from Friday to INR 5,850 per 100 kg, traders said.

TUR prices in Solapur, Maharashtra, were steady at INR 6,500-INR 7,400 per 100 kg, said Mukesh Sanklecha, a local trader. The market received 40-45 trucks (1 truck = 20,000-25,000 kg) of arrivals, he said. Prices were flat due to steady supply and some need-based demand from millers, he said.

Tur prices are likely to stay steady in the short term due to lack of cues, as per Sanklecha. Prices could fall in the medium term due to a drop in tur consumption during the summer season. Pulses consumption usually falls during summer as they are deemed to cause 'heat' in the body.

Prices of tur in Kalaburagi, Karnataka, remained stable at INR 6,012-INR 7,656 per 100 kg, according to the India Pulses and Grains Association. Arrivals rose by 3,244 bags to 6,728 bags (1 bag = 50 kg).

MOONG prices in Solapur were steady at INR 7,200-INR 8,400 per 100 kg, Sanklecha said. Though arrivals of the legume have slowed down, demand was also muted, keeping prices steady, he said. Spot markets in the state are likely to begin receiving arrivals of the summer moong crop in the next 15-20 days, and prices are expected to fall under arrival pressure before picking up due to renewed demand, he said.

As of Tuesday, the area sown under moong in the ongoing summer crop season rose to 617,000 hectares from 567,000 hectares. 

Prices of moong in Lalitpur, Uttar Pradesh, were steady at INR 6,500-INR 7,200 per 100 kg, the association said.  End

Edited by Subhojit Sarkar

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