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Informist, Tuesday, Jun. 3, 2025

By Shreya Shetty

MUMBAI – Prices of tur fell, while prices of chana and urad were mixed in key spot markets across the country, traders said. Prices of tur fell due to the continuing imports of cheaper tur, they said. Prices of chana fell in some markets and were steady in the lower range in others as market sentiment was dampened by the extension of duty-free imports of yellow peas, they said. Prices of urad were also steady in some markets and down in others amid steady imports from Myanmar and Brazil, they said.

CHANA prices in Akola, Maharashtra, were steady at INR 5,700-INR 5,750 per 100 kg, said Ankit Kedia, a local trader. Arrivals rose 500 bags to 3,000 bags (1 bag = 50 kg). Prices are steady in the lower range after falling INR 150-INR 200 per 100 kg following the extension of duty-free imports of yellow peas, he said. The government's decision came as a shock to the market, as it was expecting at least 10% duty on yellow pea imports, he said.

After lifting the 50% duty on yellow pea imports in December 2023, the Centre had given a reimposition deadline of March 2024. However, that deadline has since been extended multiple times, with the latest extension coming Friday. In the financial year 2024-25 (Apr-Mar), the country imported 2.16 million tonnes of yellow peas, up 85%. Imports of yellow peas are the highest among all pulses.

Prices could rise in the short term as millers make purchases for their processing pipeline at the beginning of the month, Kedia said. However, the rise in demand is unlikely to be substantial enough for an upward trend in prices, given that market sentiment is already negative due to the yellow pea decision, he said.

Prices of chana in Indore, Madhya Pradesh, fell INR 25 from Monday to INR 5,850-INR 5,900 per 100 kg, traders said.

TUR prices in Akola were steady at INR 6,850 per 100 kg, said Kedia. Arrivals rose 500 bags to 3,000 bags (1 bag = 50 kg). Prices are weighed down by the continuing imports of cheaper pigeon peas from Myanmar, he said. "Many importers have also made forward deals for future deliveries of tur from African nations at INR 5,300-INR 5,500 per 100 kg, which is much cheaper than domestic tur," he said.

Prices of tur in Kalaburagi, Karnataka, fell INR 40 to INR 6,000-INR 6,868 per 100 kg, according to the India Pulses and Grains Association. Arrivals fell 1,538 bags to 4,033 bags (1 bag = 50 kg).

URAD prices in Chandausi, Uttar Pradesh, were steady at INR 7,150-INR 7,200 per 100 kg, traders said. Prices of urad in Jaipur, Rajasthan, fell by INR 100 from the previous day to INR 6,700-INR 7,500 per 100 kg, they said. 

Urad prices are expected to remain weak because of steady imports from Myanmar and Brazil, the association said in its weekly report Monday. Arrivals of the domestic summer crop are also seen weighing on prices, the association said.  End

Edited by Rajeev Pai

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