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Informist, Monday, Apr. 28, 2025

By Shreya Shetty

MUMBAI – Prices of all pulses were unchanged in most key spot markets across the country Monday, traders said. Prices of chana were steady, with limited demand supporting prices, they said. Tur prices were steady in some markets while they fell in some due to muted demand, they said. Prices of masur were steady, with demand as well as supply being low, they said.

CHANA prices in Indore, Madhya Pradesh, are steady at INR 6,000 per 100 kg, said Dinesh Mangal, a local trader. With prices slightly lower than last week, demand from some stockists is supporting prices, he said. However, the demand is not substantial enough to boost prices, he said. 

Demand for chana is expected to stay muted for at least another month, keeping prices range-bound, Mangal said. "By the end of May, the market expects millers and stockists to start purchasing again, ahead of the monsoon," he said. Meanwhile, the government's procurement is progressing slowly, he said. With the spot market rates higher than that of the minimum support price of INR 5,650 per 100 kg being offered by the government, farmers are not keen on selling to the Centre, he said.

Similarly, prices of chana in Delhi were steady at INR 5,750-INR 5,775 per 100 kg, traders said.

TUR prices in Solapur, Maharashtra, were steady at INR 6,500-INR 7,100 per 100 kg, said Rahul Srinivas, a local trader. Some 18 to 20 trucks, with each truck carrying 20,000-25,000 kg, came to the market, he said. Though demand for tur is low, prices are not falling in the Solapur market as they are already in the bottom-out range, he said. "Farmers are also holding back their produce, unwilling to sell for lower rates, keeping prices from a further decline," he said.

Prices are likely to remain steady till mid-May, Srinivas said. After May 15, demand from millers and stockists will increase as they look to fill up their inventories before monsoon begins, he said.

Prices of tur in Kalaburagi, Karnataka, fell by INR 262 from Friday to INR 5,701-INR 6,909 per 100 kg, according to the India Pulses and Grains Association. Arrivals rose by 2,118 bags to 6,083 bags (1 bag = 50 kg). The minimum support price of tur is INR 7,550 per 100 kg.

MASUR prices in Indore were steady at INR 6,100-INR 6,150 per 100 kg, said Mangal. While demand for masur is low, it is on par with the arrivals, keeping prices steady. The spot market is getting less arrivals as most of the rabi crop is being sold to the government. The government is offering the minimum support price of INR 6,700 per 100 kg for the legume, which is much more attractive to farmers than the market rates, he said. 

As of Apr. 20, the National Agricultural Cooperative Marketing Federation has procured 51,155.4 tonnes of masur under the price support scheme, according to data from the federation. NAFED has purchased 49,795.3 tonnes of masur from Madhya Pradesh and 1,360.2 tonnes from Uttar Pradesh so far.

Prices of the moti variety of masur in Bareilly, Uttar Pradesh, were steady at INR 6,475-INR 6,500 per 100 kg, the association said. Prices of the choti variety of masur in Bareilly were steady at INR 6,900 per 100 kg.  End

Edited by Vandana Hingorani

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