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Informist, Tuesday, Aug. 5, 2025

 

By Shreya Shetty

 

MUMBAI – Prices of chana fell while prices of tur and urad were steady in key spot markets across the country, traders said. Prices of chana fell because of a temporary drop in festival demand, they said. Prices of tur are steady as farmers are refusing to sell their produce at lower rates, they said. Prices of urad are likely to rise in the near term as imports have slowed down, they said.

 

CHANA prices in Akola, Maharashtra, fell INR 25 from Monday to INR 6,350-INR 6,375 per 100 kg, said local trader Ankit Kedia. Arrivals were steady at 1,000 bags (1 bag = 50 kg), he said. Prices have fallen as festival demand for the legume has softened temporarily, he said. "For now, demand for chana dal and besan (chana flour) has fallen with Raksha Bandhan right around the corner," he said.

 

Festival demand is likely to pick up again next week, with many other major Hindu festivals coming up, such as Janmashtami and Ganesh Chaturthi, followed by Navratri and Dussehra, Kedia said. With a rise in festival demand, prices could rise a further INR 100-INR 150 in the near term, he said.

 

Prices of chana in Indore, Madhya Pradesh, fell INR 50 from the previous day to INR 6,350-INR 6,400 per 100 kg, traders said.

 

TUR prices in Akola were steady at INR 6,900-INR 6,925 per 100 kg, Kedia said. Arrivals rose 1,500 bags to 4,000 bags (1 bag = 50 kg), he said. "Arrivals of tur have risen as farmers are offloading their crop to make money to support their sowing activities in the ongoing kharif season," he said. However, prices have not fallen as farmers are refusing to sell stocks at lower rates, he said.

 

Even with subdued demand for tur, prices are unlikely to fall further, Kedia said. "Farmers will begin holding back stocks if prices fall further, creating an artificial scarcity," he said.

 

Prices of tur in Katni, Madhya Pradesh, were steady at INR 6,850-INR 6,950 per 100 kg, according to the India Pulses and Grains Association.

 

URAD prices in Chandausi, Uttar Pradesh, were steady at INR 7,300-INR 7,350 per 100 kg, according to the association. Prices of urad in Jaipur, Rajasthan, were also steady at INR 6,700-INR 7,500 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 in its weekly report Monday. 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.  End

 

Edited by Nishant Maher

 

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