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Informist, Wednesday, May 21, 2025

By Shreya Shetty

MUMBAI – Prices of tur fell, masur were steady, and chana mixed in key spot markets across the country, traders said. Prices of chana fell in some markets but were steady in others due to muted demand, they said. Prices of tur also fell due to sluggish demand, they said. Prices of masur have temporarily stabilised after rising due to a drop in arrivals, they said.

CHANA prices in Indore, Madhya Pradesh, fell by INR 25 from Tuesday to INR 6,050-INR 6,100 per 100 kg, said Dinesh Mangal, a local trader. Millers are less active in the market, pushing prices down, he said. Prices have been range-bound for a few weeks now, dependent solely on the demand from millers due to lack of any new cues, he said.

Prices could rise by INR 200-INR 300 per 100 kg if the government reimposes import duty on yellow peas, Mangal said. Analysts and experts believe the government might extend the duty-free imports of yellow peas beyond May 31 by another two months. However, even if the date is extended, imports are likely to remain subdued as already around 1 million tonnes of the yellow peas have been imported and are just lying at various ports, they said. Prices of chana in Delhi were steady at INR 5,825-INR 5,850 per 100 kg, traders said.

TUR prices in Solapur, Maharashtra, fell by INR 50 from the previous day to INR 6,500-INR 7,050 per 100 kg, said Rahul Srinivas, a local trader. About 24–25 trucks, with 20,000-25,000 kg each of tur, arrived in the market on Wednesday, he said. Prices are down because of sluggish demand, he said. Prices should rise by the end of the month as stockists and millers are likely to stock up before the southwest monsoon begins, he said.

However, prices could fall again in the medium term if the southwest monsoon is above normal, which raises the prospects of a good kharif crop, Srinivas said. This, he said, would lead to rise in supply and weigh on prices, he said.

Prices of tur in Kalaburagi, Karnataka, fell by INR 20 from the previous day to INR 6,802-INR 7,122 per 100 kg, according to the India Pulses and Grains Association. Arrivals rose by 198 bags to 5,194 bags (1 bag = 50 kg).

MASUR prices in Vidisha, Madhya Pradesh, were steady at INR 5,900-INR 6,600 per 100 kg, Mangal said. Prices have temporarily stabilised in the higher range, and are likely to rise further due to a drop in arrivals of the rabi crop, he said. Arrivals are down as most farmers are selling their produce to the government, he said. The government is procuring the legume at the minimum support price of INR 6,700 per 100 kg, which is higher than the rates in most spot markets.

Prices of the moti variety of masur in Lalitpur, Uttar Pradesh, were steady at INR 6,000-INR 6,300 per 100 kg, the association said. Prices of the choti variety in Lalitpur also held steady at INR 6,400-INR 6,700 per 100 kg.  End

Edited by Ashish Shirke

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