More Stories

Informist, Monday, Dec. 29, 2025

 

MUMBAI – Prices of chana are likely to remain range-bound to weak in the near term, while those of tur and urad are seen range-bound, the India Pulses and Grains Association said in a weekly report on Monday. Weak market sentiment and comfortable supplies of chana continued to weigh on prices, it said. The pace of rise in arrivals of the new tur crop is being matched by the rise in demand from millers and traders, it said. Urad prices are seen range-bound amid ongoing imports and steady demand, it said.

 

Chana prices are expected to remain range-bound to weak in the near term due to comfortable supplies and weak market sentiment, the association said. While demand may improve slightly ahead of festivals such as Makar Sankranti and Pongal, steady imports of chana from Australia and higher rabi chana acreage are expected to prevent any rise in prices, it said. Unless there is a sustained rise in consumption, or any weather-related issues during the crop development stage, prices are likely to remain under pressure. 

 

Any short-term rise in prices is likely to attract selling interest from traders and stockists, which will cap the gains, the association said.

 

Chana prices rose in the week ended Saturday due to fresh demand from millers ahead of festivals in January, the association said. Arrivals of the domestic crop remained limited and farmers resisted selling at lower rates, it said. Prices of chana in Indore, Madhya Pradesh, rose by INR 100 from the previous week to INR 5,750-INR 5,800 per 100 kg.

 

Prices of tur are likely to remain range-bound in the short term amid a steady increase in arrivals of the new kharif crop and the ongoing demand from millers, the association said. Although arrivals of the new crop are rising, the pressure is limited due to low production in the key producing states of Karnataka and Telangana, owing to weather-related losses. Though the crop in Marathwada in Maharashtra was also damaged, the crop in the Vidarbha region is expected to be plentiful and of good quality, it said.

 

The government's procurement plans are expected to support prices, the association said. Farmers could prefer selling the bulk of their crop to the government if spot market prices fall significantly below the minimum support price, it said. The pace and effectiveness of the procurement will be a key factor in determining the price movement in the medium term.

 

Prices of tur rose in the week ended Saturday due to firm demand from millers and traders. Good-quality, low-moisture tur saw better demand and higher prices, while average-quality arrivals were sold at discounts, the association said. Prices of tur in Akola, Maharashtra, rose by INR 150 from last week to INR 7,125-INR 7,150 per 100 kg.

 

Urad prices are expected to remain range-bound in the near term, with limited fluctuations, depending on the movement of cost and freight rates of imports and the rupee against the US dollar, the association said. Firm cost and freight rates and slower imports due to the Christmas and New Year holidays could offer short-term support during the next few days, it said. 

 

Currently, domestic demand for urad dal, or processed urad, is slightly below normal, the association said. However, demand is expected to improve ahead of festivals in January, it said. However, the rise in prices is likely to be capped due to the ongoing imports from Myanmar. WMyanmar holds sizeable old stocks, while arrivals of the new crop in India are expected to begin by mid-February.

 

Urad prices rose in the week ended Saturday, driven by a rise in need-based purchases by millers and a fall in domestic arrivals from key producing regions, the association said. The on-year decline in rabi urad sowing so far also supported prices, it said. Prices of urad in Chandausi, Uttar Pradesh, rose by INR 300 from the previous week to INR 7,000-INR 7,050 per 100 kg.  End

 

Reported by Shreya Shetty

Edited by Avishek Dutta

 

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.