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Informist, Tuesday, Oct. 14, 2025

 

By Shreya Shetty

 

MUMBAI – Prices of chana fell Tuesday, while prices of tur and urad were steady in key spot markets across the country, traders said. Prices of chana fell due to a drop in festival demand as millers have already stocked up on the legume ahead of Diwali, he said. Prices of tur were steady amid some demand for the legume, while prices of urad were unchanged due to lack of fresh cues, they said.

 

CHANA prices in Akola, Maharashtra, fell by INR 50 from Monday to INR 5,800-INR 5,825 per 100 kg, said Ankit Kedia, a local trader, attributing the fall to a decline in festival demand. "Millers and traders have already stocked up on chana needed for Diwali," he said, adding that the festival rush in demand has wrapped up. Prices are likely to be range-bound with a downward bias this week, as only need-based purchases could be made, he said.

 

The market is likely to shut for Diwali from Saturday, but some traders and millers may shut shop earlier to prepare for the festivities, Kedia said. As such, the market is unlikely to see many buyers, which is expected to keep demand low, he said. Post Diwali, prices could be weighed down by the upcoming shipments of cheaper chana from Australia, he added.

 

Prices of chana in Delhi fell by INR 50 from the previous day to INR 5,800-INR 5,825 per 100 kg, traders said.

 

TUR prices in Akola were steady at INR 6,950-INR 7,000 per 100 kg, Kedia said. Though there is some demand for tur, it is not enough to raise prices, he said. Prices are likely to remain steady this week as millers keep making purchases for the festival season, he said. "There is retail demand for tur dal, so millers may keep purchasing tur steadily," he said.

 

After Diwali, the movement in prices is likely to depend on how much tur the government will offload and at what rate, Kedia said. "NAFED (National Agricultural Cooperative Marketing Federation) was supposed to start selling tur here in Maharashtra, but now it will do so only after Diwali," he said. 

 

Prices of tur in Katni, Madhya Pradesh, were steady at INR 7,150-INR 7,250 per 100 kg, according to the India Pulses and Grains Association.

 

URAD prices in Chandausi, Uttar Pradesh, were steady at INR 7,000-INR 7,100 per 100 kg, traders said. Prices of urad in Guntur, Andhra Pradesh, were also steady at INR 7,375-INR 7,400 per 100 kg. Prices were steady due to lack of fresh cues, traders said.

 

Urad prices are expected to weaken slightly in the near term due to slow off-take from millers, steady imports from Myanmar and Brazil, and comfortable stock levels, the association said. A steep fall is unlikely as domestic supplies may tighten in the medium term due to below-normal acreage in the kharif season, lower yields, and reports of crop damage in key growing regions such as Maharashtra, Madhya Pradesh, Uttar Pradesh, and Rajasthan, it said.  End

 

Edited by Tanima Banerjee

 

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