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Informist, Monday, Aug. 4, 2025

MUMBAI – Prices of chana are likely to rise in the near term on low stocks with mills and retailers, the India Pulses and Grains Association said in its weekly report Monday. Prices of tur may weaken slightly on low demand for processed tur or tur dal while prices of urad are expected to stay firm in short term on low imports, the association said.

Chana prices are expected to rise due to low stocks of yellow pea and imported chana, and insufficient stocks with millers and retailers to meet strong festival demand, the association said. However, a steep rise in prices is unlikely as farmers and stockists still hold sufficient stocks, the association said. Imports of yellow peas from Russia and Canada may also rise in the medium term, limiting gains.

Chana prices rose in the week ended Saturday on firm festival demand for chana dal or processed chana and besan or gram flour, though the higher prices led to cautious buying and some profit booking by stockists later in the week, the association said. In the week ended Saturday, prices of chana in Indore, Madhya Pradesh, rose by INR 50 from the previous week to INR 6,450-INR 6,500 per 100 kilograms, according to the association.

Prices of tur are expected to fall slightly due to low demand for the domestic legume, the association said. With cheaper African imports expected in September, stockists are likely to offload their stocks in fear of a further fall in prices, it said. The market sentiment is cautious amid good stocks held by farmers, stockists, and the government.

Prices of domestic tur were mixed in the week ended Saturday due to varied demand at different spot markets though they remained in the lower range, the association said. In the week ended Saturday, tur prices in Akola, Maharashtra, rose by INR 50 from the previous week to INR 6,925–INR 6,950 per 100 kg. On the other hand, prices in Delhi fell by INR 50 to INR 6,950 per 100 kg.

Urad prices are likely to stay firm in the short term as supply of imports will be tight throughout August, the association said. The market does not expect any shipments from Myanmar for some time, as July shipments are expected to land only after Aug. 20, it said. Traders will continue to monitor the weather, festival demand, crop damage reports due to heavy rainfall, and shipment updates from Myanmar and Brazil for market direction, it said. 

Prices of urad rose last week due to crop damage fears from heavy rainfall in key growing regions, firm Myanmar prices, limited imports, and low stocks with millers, the association said. In the week ended Saturday, prices of urad in Chandausi, Uttar Pradesh, rose by INR 200 from the previous week to INR 7,250-INR 7,300 per 10 kg.  End

Reported by Shreya Shetty

Edited by Subhojit Sarkar

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