More Stories

Informist, Friday, Jul. 4, 2025

By Shreya Shetty

MUMBAI – Prices of chana rose and prices of urad were steady, while those of tur were mixed in key spot markets across the country, traders said. Prices of chana rose owing to a rise in demand from millers, they said. Prices of tur were steady in some markets, while they fell in others on availability of cheaper imports, they added. Prices of urad were steady amid a lack of cues.

CHANA prices in Indore, Madhya Pradesh, rose INR 50 from Thursday to INR 6,050-INR 6,100 per 100 kg, said Dinesh Mangal, a local trader. Prices rose as millers made purchases to fill up their processing pipeline for the rest of the month, he said. Prices could rise further by mid-July due to seasonal demand during the monsoon, he said.

Prices of chana usually rise further during this time of the year, but the availability of yellow peas, a cheaper alternative, is capping a steeper rise, Mangal said. "Yellow pea is eating into the demand for chana this year," he said. In the financial year 2024-25 (Apr-Mar), the country imported 2.16 million tonnes of yellow peas, up 85% from the previous year. Imports of yellow peas stand the highest among all pulses.

Prices of chana in Delhi also rose INR 10 from the previous day to INR 5,835 per 100 kg, traders said.

TUR prices in Akola, Maharashtra, fell INR 50 from Thursday to INR 6,900-INR 6,925 per 100 kg, said Ashok Gupta, a local trader. Arrivals fell by 500 bags to 2,000 bags (1 bag = 50 kg). Prices of the legume fell due to sluggish demand, he said. Buyers prefer imported tur over the domestic commodity as the former is cheaper, he said. Prices are likely to remain range-bound, fluctuating by INR 50-INR 100 per 100 kg in the short term, he said.

Prices of tur in Katni, Madhya Pradesh, were steady at INR 7,000-INR 7,100 per 100 kg, according to the India Pulses and Grains Association.

URAD prices in Chandausi, Uttar Pradesh, were steady at INR 7,075-INR 7,100 per 100 kg, according to the association. Prices of urad in Guntur, Andhra Pradesh, were also steady at INR 7,000 per 100 kg.

Prices are likely to depend on imports of the legume, the association said. Imports from Myanmar are underway, and a few shipments of urad from Brazil may arrive by mid-August. The new kharif crop in India will not hit the markets until after October, the association said. If demand picks up in the medium term, there might be a temporary shortage in supply, which could support prices, it said.  End

Edited by Nishant Maher

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd by NSE Data & Analytics Ltd, a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt Ltd.

Informist Media Tel +91 (22) 6985-4000

Send comments to feedback@informistmedia.com

© Informist Media Pvt. Ltd. 2025. All rights reserved.