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Informist, Friday, Jun. 6, 2025

By Shreya Shetty

MUMBAI – Prices of chana and masur were steady Friday while those of tur rose in key spot markets across the country, traders said. Tur prices rose due to some demand from millers, they said. Prices of masur remained stable at lower levels after the government wrapped up its procurement, according to traders.

CHANA prices in Indore, Madhya Pradesh, held steady at INR 5,800-INR 5,850 per 100 kg, said local trader Raja Jain. Prices remained steady in the lower range after the government extended the duty-free imports of yellow peas, he said. Though prices corrected slightly in reaction to the decision, they are nowhere near their previous levels, he said.

On May 30, the government extended tariff-free imports of yellow peas till Mar. 31, 2026. Yellow peas are a cheaper alternative to chana. In 2024-25 (Apr-Mar), the country imported 2.16 million tonnes of yellow peas, up 85% from the previous year. Imports of yellow peas are the highest among all pulses.

Prices are likely to remain range-bound in the short term, Jain said. Though millers are likely to make purchases for their processing pipeline, it would not be substantial enough to raise prices, he said. Prices are expected to rise only by mid-July, when demand for upcoming festivals picks up, he said.

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

TUR prices in Akola, Maharashtra, rose by INR 50 from Thursday to INR 6,950-INR 7,000 per 100 kg, traders said. Arrivals were steady at 2,000 bags (1 bag = 50 kg), they said. Prices have risen due to some demand from millers as they stock up on the legume for the rest of the month, they said. However, the rise in prices is likely to be temporary, as traders do not see a further rise in demand in the near term, they said.

Prices of tur in Kalaburagi, Karnataka, rose by INR 16 from the previous day to INR 6,000-INR 6,916 per 100 kg, according to the India Pulses and Grains Association. Arrivals rose by 1,163 bags to 5,007 bags (1 bag = 50 kg).

MASUR prices in Indore were steady at INR 6,250-INR 6,300 per 100 kg, Jain said. Prices are steady in the lower range after the government wrapped up procurement in major masur-producing states, he said. Previously, prices were supported by the government's procurement at the minimum support price of INR 6,700 per 100 kg, which is significantly higher than the rates prevailing in most spot markets across the country, he said.

According to the association, prices of the moti variety of masur in Lalitpur, Uttar Pradesh, were steady at INR 5,700-INR 6,100 per 100 kg and prices of the choti variety were also stable at INR 6,200-INR 6,500 per 100 kg.  End

Edited by Subhojit Sarkar

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