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Informist, Tuesday, Feb. 17, 2026

 

By Shreya Shetty

 

MUMBAI – Prices of chana and urad were steady on Tuesday while prices of tur rose in key spot markets, traders said. Tur prices rose due to a dip in new crop arrivals as farmers refused to offload stocks amid the prevailing lower price range, they said. Prices of chana were unchanged as demand for the legume was on par with its supply, while urad prices were steady due to lack of cues, they said.

 

CHANA prices in Akola, Maharashtra, were steady at INR 5,550-INR 5,575 per 100 kg, said Ankit Kedia, a local trader. Prices are steady as demand for the legume is on par with its supply, he said. Though arrivals of the new rabi chana crop from Maharashtra have begun, they are not substantial enough to weigh on prices, he said. Currently, the market is receiving 2,000–3,000 bags (1 bag = 50 kg) of chana daily, he said. After 15 days, new arrivals are expected to increase to 10,000–12,000 bags per day, which is likely to put pressure on prices, he said.

 

The quality of the new chana arrivals is good due to optimal sowing conditions and favourable weather, Kedia said. Millers are purchasing the new arrivals to meet their processing needs, keeping prices steady, he said. Once new crop arrivals begin in full swing, prices will fall, but a steep decline is unlikely as the market will resist rates which are much below the minimum support price of INR 5,875 per 100 kg, he said.

 

Prices of chana in Delhi were steady at INR 5,700-INR 5,725 per 100 kg, traders said.

 

Prices of new TUR in Akola rose by INR 50 from Monday to INR 8,125-INR 8,150 per 100 kg, Kedia said. Prices rose due to a decline in arrivals of the new kharif crop, he said. "Arrivals have been low since Monday because farmers are holding their stocks," he said. After surging to INR 9,000 per 100 kg at the end of January, prices have been in a downtrend all February, he said. With prices now too close to the minimum support price of INR 8,000 per 100 kg, some farmers are refusing to bring their crop to the market unless prices rise again, he said.

 

Prices are likely to remain range-bound in the near term, Kedia said. Arrivals of the new kharif crop are expected to continue throughout March, but the refusal of farmers to sell at lower rates and steady demand from millers and traders is likely to keep prices from falling sharply, he said.

 

Prices of tur in Katni, Madhya Pradesh, rose by INR 100 from the previous day to INR 8,200-INR 8,300 per 100 kg, according to the India Pulses and Grains Association.

 

URAD prices in Chandausi, Uttar Pradesh, were steady at INR 7,600-INR 7,650 per 100 kg, traders said. Prices of urad in Jaipur, Rajasthan, were steady at INR 7,700-INR 8,700 per 100 kg. Prices were steady due to lack of fresh cues, they said.

 

Urad prices are expected to fall in the short term due to low demand and ample supply, the association said in its weekly report on Monday. Millers continue to purchase the legume only for immediate needs. Slow consumption at current price levels is limiting buying interest and keeping market sentiment weak, the association said.  End

 

Edited by Ashish Shirke

 

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