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Informist, Tuesday, May 13, 2025

By Shreya Shetty

MUMBAI – Prices of chana and moong remained steady while those of tur fell in key spot markets across the country, traders said. Prices of tur fell due to low demand and higher arrivals, they said. Moong prices have stabilised after falling under the pressure of summer crop arrivals, according to traders. Chana prices are likely to remain range-bound for the rest of the month as demand from millers and stockists fluctuates, traders added.

CHANA prices in Akola, Maharashtra, remained steady at INR 6,025-INR 6,050 per 100 kilogram, said Ankit Kedia, a local trader. Arrivals were steady at 4,000 bags (1 bag = 50 kg). There is limited demand for chana, not enough to raise prices, he said. Demand from millers and stockists had already risen at the end of last week, so buying is comparatively sluggish this week, he said.

"This pattern of demand rising and falling every few days will continue at least for the rest of the month," Kedia said. Chana prices are expected to fluctuate between INR 6,000 per 100 kg to INR 6,200 per 100 kg in the short term, he said. 

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

TUR prices in Akola fell by INR 50 from Monday to INR 7,375-INR 7,400 per 100 kg, Kedia said. The market received 4,000 bags of arrivals (1 bag = 50 kg), he said. Prices were weighed down by subdued demand, he said. A rise in arrivals was also weighing on prices, he said. 

At the end of last week, tur prices had risen by INR 100-INR 200 per 100 kg across markets, which prompted farmers to offload more of their crops, Kedia said. However, after the temporary spike in demand subsided, markets were left with excess supply, leading to a decline in prices this week, he said.

Demand for the legume is expected to rise by the end of May due to reports of an early onset of monsoon, Kedia said. According to the India Meteorological Department, the southwest monsoon advanced into parts of the Bay of Bengal and the Andaman and Nicobar Islands Tuesday. Conditions favour the advancement of the monsoon into more areas in the next three-four days, the weather department said.

Prices of tur at Katni in Madhya Pradesh fell by INR 200 from the previous day to INR 7,550-INR 7,600 per 100 kg, according to the India Pulses and Grains Association.

MOONG prices in Lalitpur, Uttar Pradesh, were steady at INR 6,500-INR 7,200 per 100 kg, traders said. Prices of moong in Jaipur, Rajasthan, remained steady at INR 6,900-INR 7,900 per 100 kg, according to the association. Prices have stabilised after falling by INR 300 per 100 kg last week due to a rise in arrivals, they said. Arrivals of the summer crop have begun across states such as Maharashtra, Andhra Pradesh, Karnataka, Gujarat, and Rajasthan, they said.  End

Edited by Subhojit Sarkar

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