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Informist, Friday, Apr. 25, 2025

By Shreya Shetty

MUMBAI – Prices of all pulses were unchanged in key spot markets across India on Friday, traders said. Prices of tur and chana remained steady because of limited demand from millers, they said. According to traders, demand for both chana and tur is seasonally sluggish due to low consumption during summer. Urad prices could come under pressure in short term on weak demand, the traders added.

CHANA prices in Akola, Maharashtra, held steady at INR 6,025-INR 6,050 per 100 kilogram, said Ankit Kedia, a local trader. Arrivals fell by 500 bags from the previous day to 2,500 bags (1 bag = 50 kg). Limited demand from millers kept prices steady, he said, adding demand from stockists has dried up as they have filled up their inventories.

Chana prices could remain rangebound at lower levels for at least one more month, Kedia said. Demand for the legume is seasonally low as consumption of pulses declines during summer. According to Kedia, prices could also be weighed down by steady arrivals of the rabi crop.

The government has, so far, procured only 24,000 tonnes of chana, less than 1% of the total sanctioned amount of 2.8 million tonnes for the rabi marketing season 2025-26 (Apr-Mar), a senior government official told Informist on Thursday. This shortfall is attributed to high chana prices, which have consistently been above the minimum support price of INR 5,650 per 100 kg, discouraging farmers from selling to procurement agencies at the minimum support prices, the official said. Chana procurement for the season started mid-March and is likely to go on till mid-June. However, this will largely depend on the arrivals of the crop.

Prices of chana in Indore, Madhya Pradesh, remained steady at INR 6,050-INR 6,100 per 100 kg, traders said.

TUR prices in Akola were steady at INR 7,425-INR 7,450 per 100 kg, said Kedia. Arrivals fell by 800 bags from Thursday to 2,200 bags (1 bag = 50kg). While there was some demand from millers, it was not substantial enough to raise prices, he said. Demand for tur is tepid owing to summer, which also brings in the season of mangoes, he said. With lower consumption of pulses during summer, many tur traders have shifted to dealing in mangoes temporarily, which is much more profitable during the season, Kedia added.

So far, the government has procured 392,000 tonnes of tur in the kharif marketing season 2024-25 (Oct-Sept) at the minimum support price. This is a little over 30% of the total tur procurement target of 1.3 million tonnes set by the government. The legume is being purchased at the minimum support price of INR 7,550 per 100 kg.

Prices of tur at Kalaburagi in Karnataka held steady at INR 6,029-INR 7,119 per 100 kg, the India Pulses and Grains Association said.

URAD prices in Chandausi, Uttar Pradesh, remained steady at INR 7,300 per 100 kg, traders said. Similarly, prices of urad in Guntur, Andhra Pradesh, were steady at INR 7,200-INR 7,225 per 100 kg, they said.

Prices of urad could come under pressure in the short term due to weak demand, the association said in its weekly report on Monday. Traders are likely to remain cautious due to steady supply from Myanmar and ongoing rabi crop arrivals in Andhra Pradesh, the association noted.  End

Edited by Subhojit Sarkar

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