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Informist, Friday, Oct. 17, 2025

 

By Shreya Shetty

 

MUMBAI – Prices of pulses were steady across the country Friday as many market participants have shut shop ahead of Diwali, which will be celebrated from Saturday to Thursday, traders said. Prices of chana are likely to weaken slightly due to imports from Australia while prices of tur could remain range-bound as the market awaits arrivals of the new kharif crop, they said. Ongoing imports are likely to weigh on urad prices, though the government's procurement could limit the fall.

 

CHANA prices in Indore, Madhya Pradesh, were steady at INR 5,700-INR 5,750 per 100 kg, said Dinesh Mangal, a local trader. Prices are unchanged due to low activity in the market, he said.

 

Prices are expected to be weighed down by imports from Australia, which are cheaper than the domestic variety, Mangal said. However, a steep fall in prices is unlikely as market participants will be closely monitoring the progress of sowing of the new chana crop during the rabi season, he said. Prices are likely to remain range-bound with a downward bias till the market has a clear picture about the progress of sowing, he said.

 

Prices of chana in Delhi were steady at INR 5,800-INR 5,825 per 100 kg, traders said.

 

TUR prices in Akola, Maharashtra, were steady at INR 7,175-INR 7,200 per 100 kg, said Ashok Gupta, a local trader. Prices of tur were steady due to subdued activity in the market, he said. "There are not many people today, so whatever small arrivals are coming are being sold," he said. The market saw very few buyers and sellers today as many have already wrapped up their activities ahead of Diwali, he said.

 

Post Diwali, prices are likely to remain range-bound, Gupta said. Prices are in the bottom range as they have already taken a hit due to the availability of cheaper imports from African countries in the past month, he said. Price movement in the medium term will depend on the quantity and quality of arrivals of the new kharif tur crop, he said.

 

Prices of tur in Katni, Madhya Pradesh, were steady at INR 7,050-INR 7,100 per 100 kg, according to the India Pulses and Grains Association.

 

URAD prices in Chandausi, Uttar Pradesh, were steady at INR 7,050-INR 7,100 per 100 kg, traders said. Prices of urad in Guntur, Andhra Pradesh, were also steady at INR 7,400 per 100 kg. Prices were steady due to lack of fresh cues, traders said.

 

Prices are likely to fall in the near term due to steady imports from Myanmar and Brazil, the association said. However, a steep fall is unlikely as the state governments of Gujarat and Uttar Pradesh are expected to begin procuring the legume at the minimum support price of INR 7,800 per 100 kg, which could support prices, it said.  End

 

Edited by Nishant Maher

 

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