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Informist, Tuesday, May 27, 2025

By Shreya Shetty

MUMBAI – Prices of chana fell, while those of urad were steady and those of tur were mixed in key spot markets across the country, traders said. Prices of chana were lower on sluggish demand, they said. Prices of tur fell in some markets owing to a rise in arrivals and imports, while rates were steady in other markets, they said. Prices of urad are likely to rise in the short term because of low availability with stockists and millers.

CHANA prices in Akola, Maharashtra, fell INR 25 from Monday to INR 5,900-INR 5,925 per 100 kg, said Ankit Kedia, a local trader. Arrivals fell by 500 bags to 1,700 bags (1 bag = 50 kg). Prices dropped despite a drop in arrivals, because of sluggish demand. "The amount of arrivals doesn't matter when demand is so low," Kedia added.

However, prices could rise temporarily by INR 100 per 100 kg if the government levies a duty on yellow pea imports, Kedia said. The government is considering a nominal duty of 10% on yellow pea imports, though no final decision has been taken yet, a senior government official had told Informist Friday. As of now, there is no import duty on the commodity till May 31. A notification on the matter is likely this week. Yellow pea is used as a cheaper alternative to chana.

Prices of chana in Bikaner, Rajasthan, fell INR 60 from the previous day to INR 5,600 per 100 kg, traders said.

TUR prices in Akola fell INR 50 from the previous day to INR 7,125-INR 7,150 per 100 kg. Arrivals rose by 200 bags to 2,200 bags (1 bag = 50 kg). Prices are down on account of low demand, according to Kedia. He said prices are also being weighed down by higher imports of the legume at cheaper rates. Imports of tur from Myanmar have risen, with prices of the shipments down nearly 50% on year at INR 6,400 per 100 kg due a bumper crop there, he said.

Arrivals of the domestic crop have also increased, pushing prices down, Kedia said. Farmers are offloading their produce for fear of a further fall in prices, and due to the risk of holding on to the crop during the monsoon, he said. Exposure to long periods of rainfall could increase moisture content in the legume, lowering its value.

Prices of tur in Katni, Madhya Pradesh, were steady at INR 7,200-INR 7,300 per 100 kg, according to the India Pulses and Grains Association.

URAD prices in Chandausi, Uttar Pradesh, were steady at INR 7,175-INR 7,200 per 100 kg, traders said. Prices of urad in Jaipur, Rajasthan, were also steady at INR 7,000-INR 7,700 per 100 kg, they said.

Urad prices are expected to be supported in the near term by factors such as rising demand in the monsoon and low availability of stocks with millers and traders, the association said in its weekly market outlook report Monday. The southwest monsoon set in over Kerala Saturday and advanced into parts of Maharashtra and Karnataka as of Monday, according to the India Meteorological Department.  End

Edited by Nishant Maher

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