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Informist, Tuesday, Oct. 28, 2025

 

By Shreya Shetty

 

MUMBAI – Prices of chana and tur were mixed while those of urad remained steady in key spot markets across the country Tuesday, traders said. Chana prices were stable in some markets but declined in others due to weak demand and pressure from upcoming Australian chana imports, they said. Tur prices rose in certain markets on higher demand from millers while urad held steady in the absence of fresh market cues, traders added.

 

CHANA prices in Akola, Maharashtra, fell by INR 25 from Monday to INR 5,850-INR 5,875 per 100 kilograms, said Ankit Kedia, a local trader. Prices slipped due to a fall in demand as most festivals for the season are over, he said. Prices are also under pressure due to the upcoming shipments of Australian imports, he said. The Nov-Dec shipments of chana from Australia are priced at INR 4,900-INR 5,550 per 100 kg, which is much cheaper than the domestic variety.

 

Prices are expected to decline further in the near term under the pressure of Australian imports, Kedia said. The market is closely monitoring the harvest of the legume in Australia, where unfavourable weather has impacted the standing crop in key producing regions. Recent severe thunderstorms, hail, and strong winds reported in Queensland, Australia, could affect crop quality and output, traders said. 

 

Prices of chana in Delhi held steady at INR 5,900-INR 5,925 per 100 kg, traders said.

 

TUR prices in Akola rose by INR 50 from Monday to INR 7,350-INR 7,400 per 100 kg, Kedia said. Prices were supported by a slight rise in demand from millers, he said. Though steady demand is likely to continue, prices are unlikely to see a steep climb, Kedia said. "Prices rose by nearly INR 1,000 per 100 kg across India in the weeks leading up to Diwali, so another big climb is unlikely," he said.

 

In the medium term, the movement in prices is likely to depend on the amount of crop loss reported in Maharashtra and Karnataka, the top tur-producing states of the country. Karnataka is likely to report the official data on crop loss in a few weeks, he said.

 

Prices of tur in Katni, Madhya Pradesh, remained steady at INR 7,600-INR 7,700 per 100 kg, according to the India Pulses and Grains Association.

 

URAD prices in Chandausi, Uttar Pradesh, were steady at INR 7,050 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.

 

Prices of urad are expected to remain range-bound in the near term, the association said in its weekly report Monday. An upward movement in prices is unlikely as purchases by millers are still low, the report said. However, prices are also unlikely to fall as the carryover stock of domestic urad is very limited and kharif sowing in key regions was also below normal. Additionally, crop damage has been reported in parts of Maharashtra and Bundelkhand, which may reduce overall production, it said.  End

 

Edited by Subhojit Sarkar

 

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