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Informist, Tuesday, Feb. 24, 2026

 

By Shreya Shetty

 

MUMBAI – Prices of pulses were steady in key spot markets across the country Tuesday, traders said. Chana prices were unchanged amid weak sentiment as the market braces for arrivals of the new crop soon, they said. Prices of tur were steady amid low demand and a decline in new crop arrivals, and are likely to be range-bound in the near term. Urad prices were steady due to a lack of fresh cues, they said.

 

CHANA prices in Akola, Maharashtra, were steady at INR 5,500-INR 5,525 per 100 kg, said Ankit Kedia, a local trader. Prices are unchanged amid a weak market sentiment, he said. "The market is bracing for arrivals of the new chana crop to begin in full swing and prices to fall," he said. Both the quality and quantity of the new chana crop are better than last year's crop, he said. Currently, there is little-to-no demand for the older stocks of chana, he said. Buyers are waiting for new arrivals to begin, looking forward to fresh and cheaper stock, he said.

 

Prices could fall to INR 5,000 per 100 kg once arrivals of chana pick momentum in the next few weeks, Kedia said. A further decline in prices is unlikely as the government is expected to begin procuring the legume at the minimum support price of INR 5,875 per 100 kg, he said. "Once prices fall that low, the government will be pushed to begin procurement as quickly as possible, which could support prices at the lower levels," he said.

 

Prices of chana in Delhi were steady at INR 5,675-INR 5,700 per 100 kg, traders said.

 

TUR prices in Akola were steady at INR 8,125-INR 8,150 per 100 kg, Kedia said. Tur is trading in a narrow range, fluctuating by INR 50-INR 100 per 100 kg every few days, he said. Prices are range-bound due to low demand from millers and a decline in arrivals of the new kharif crop, he said. Arrivals of the new crop from Karnataka have declined, he said. "Stocks of the new crop with farmers in Karnataka are slowly depleting, but some of them are purposely not bringing their stocks to the market as the prices are too low currently," he said.

 

Demand for tur is expected to rise after mid-March, as several millers will need to stock up their processing pipelines by then, Kedia said. Prices could rise by INR 400-INR 500 per 100 kg by the end of March, he said.

 

Prices of tur in Katni, Madhya Pradesh, were steady at INR 8,100-INR 8,200 per 100 kg, according to the India Pulses and Grains Association.

 

URAD prices in Chandausi, Uttar Pradesh, were steady at INR 7,600 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 in the absence of new cues, they said. 

 

Urad prices are likely to be weak in the short term due to low demand and comfortable supply, the association said in its weekly report on Monday. Shipments of the new urad crop from Myanmar are expected to increase in the next few weeks, it said. Fresh arrivals from Andhra Pradesh have begun and are likely to increase gradually, particularly from the first week of March, it said.  End

 

Edited by Vandana Hingorani

 

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