More Stories

Informist, Monday, Aug. 11, 2025

 

MUMBAI – Prices of chana are likely to rise in the near term due to festival demand, the India Pulses and Grains Association said in its weekly report on Monday. Tur prices could rise in the short term due to a drop in domestic arrivals while prices of urad are seen rising due to tight supplies, the association said.

 

Chana prices are expected to rise in the short term due to pre-festival buying and tight availability of premium quality stock, the association said. The demand for chana dal and besan for the upcoming festivals is likely to persist and strengthen further in September, providing an upward momentum to prices. However, the availability of stocks with stockists and farmers is likely to limit gains, it said. Imports of yellow peas expected to begin in the medium term are also likely to prevent a steep rise in prices, it said.

 

Prices of chana in the week ended Saturday were mixed in key spot markets across the country, the association said. Festival demand, which had picked up earlier due to initial stocking needs, eased in some markets last week, reducing overall trade activities. In the week ended Saturday, prices of chana in Indore, Madhya Pradesh, fell by INR 50 from the previous week to INR 6,425-INR 6,450 per 100 kilograms, according to the association. Prices of chana in Akola, Maharashtra, rose by INR 25 from last week to INR 6,450-INR 6,475 per 100 kg.

 

Prices of tur are expected to rise slightly in the near term due to fall in domestic arrivals, the association said. Additionally, market sentiment could receive a further boost due to the Tamil Nadu Civil Supplies Corp.'s tender to procure 60,000 tonnes of tur or Canadian lentils for Oct–Dec delivery, which may boost short-term buying interest.

 

Prices of tur are currently trading at the bottom, holding above an average of INR 6,200-INR 6,250 per 100 kg, and are unlikely to fall further, it said. With a slowdown in domestic arrivals, the market may rely on tur origination from Myanmar till October, it said. Fresh imports from African countries are likely to hit the country from October, it said.

 

Tur prices showed a mixed trend 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 Solapur, Maharashtra, rose by INR 50 from the previous week to INR 6,400–INR 6,800 per 100 kg. On the other hand, prices in Delhi fell by INR 100 to INR 6,800-INR 6,850 per 100 kg.

 

Urad prices are expected to rise in the short term due to adverse weather impacting the kharif crop and tight supply, the association said. Heavy rainfall in Madhya Pradesh and Uttar Pradesh has damaged sown crops, while other urad-growing regions are facing dry spells. Sowing has already dropped on-year, with 1.86 million hectares covered as of Aug. 1, down 3% on year, data from the agriculture ministry showed.

 

Prices of urad fell last week due to profit booking at higher levels and the arrival of fresh container shipments from Myanmar, the association said. In the week ended Saturday, prices of urad in Lalitpur, Uttar Pradesh, fell by INR 350 from the previous week to INR 6,500-INR 7,150 per 10 kg.  End

 

Reported by Shreya Shetty

Edited by Ashish Shirke

 

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.