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Informist, Thursday, Apr. 24, 2025

By Shreya Shetty

MUMBAI – Prices of chana and masur were steady and those of tur fell in key spot markets across the country on Thursday, traders said. While prices of tur fell due to a seasonal drop in demand, prices of chana were steady due to some demand from millers and stockists, they said. Prices of masur are likely to stay steady in the short term due to lack of any new cues, they added.

CHANA prices in Indore, Madhya Pradesh, were steady at INR 6,050-INR 6,100 per 100 kg, owing to some need-based demand from millers, said Raja Jain, a local trader. "Demand from a handful of stockists is also supporting prices," Jain said, adding that prices of the legume are likely to remain range-bound in the near term.

The government's procurement is progressing at a snail's pace, he said. "There are some farmers selling to the government, yes, but not many of them are willing to do so as they are getting better prices in the spot market". So far, the government has procured around 24,000 tonnes of chana, less than 1% of the total sanctioned quantity of 2.79 million tonnes for the rabi marketing season 2025-26 (Apr-Mar), a senior government official told Informist. The government is buying chana at the minimum support price of INR 5,650 per 100 kg.

Prices of chana in Bikaner, Rajasthan, were also steady at INR 5,300-INR 5,500 per 100 kg, traders said. Arrivals rose by 1,000 bags to 5,000 bags (1 bag = 50 kg).

TUR prices in Akola, Maharashtra, fell by INR 40 from Wednesday to INR 7,400-INR 7,410 per 100 kg, said Ashok Gupta, a local trader. Arrivals were steady at 3,000 bags (1 bag = 50 kg). Demand for tur is seasonally sluggish due to low sales of processed tur, or tur dal, he said. Consumption of tur usually drops during summer as pulses are said to cause "heat" in the body.

Prices are likely to remain steady in the short term, or at least till the southwest monsoon begins, Gupta said. Stockists and millers are expected to stock up on the legume before the sowing of the kharif crop begins for the next crop year (Jul-Jun) during the monsoon, Gupta said. 

Prices of tur in Katni, Madhya Pradesh, were steady at INR 7,500-INR 7,600 per 100 kg, according to the India Pulses and Grains Association.

MASUR prices in Indore were steady at INR 6,100-INR 6,150 per 100 kg, Jain said. Prices are expected to stay steady in the short term as Jain does not see any specific spike in demand and supply. The government is procuring most of the rabi crop in the state as their prices are more attractive to farmers, he said. The government is purchasing the legume at the minimum support price of INR 6,700 per 100 kg, which is higher than the current rates in spot markets.

Prices of the moti variety of masur in Bareilly, Uttar Pradesh, were steady at INR 6,500 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 Nishant Maher

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