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Informist, Monday, Mar. 16, 2026

 

MUMBAI – Chana prices are expected to be supported at current levels in the near term due to need-based buying from processors, traders, and stockists, as prices are considered attractive, the India Pulses and Grains Association said in its weekly report Monday. Prices of urad are expected to be firm in the near term while prices of tur are likely to be in a narrow range as trading activity remains limited ahead of the end of 2025-26 (Apr-Mar), the association said.

 

Farmers may prefer selling chana to government agencies since market prices are below the minimum support price, which is expected to limit arrivals in mandis and support prices. Government procurement expectations and ongoing farmer registrations are also supporting sentiment, it said. However, any sharp rise in chana prices may be capped due to the availability of Australian chana stocks at ports and the steady arrival of the new domestic harvest in the market.

 

Tur prices are expected to trade in a narrow range in the short term, according to the association. Weak demand is being balanced by limited mandi arrivals as farmers are holding back stocks at lower prices. Millers are buying cautiously, mostly for immediate requirements, as retail demand for tur remains weak. "The market is in a wait-and-watch mode, with price direction depending on government procurement and demand improvement," the association said.

 

Burma lemon variety is currently being quoted almost on a par with desi tur varieties, which is unusual compared to normal price trends, it said. This is mainly due to limited import arrivals, speculative buying interest, and the impact of a depreciating rupee, which has increased the landed cost of imported tur. Moreover, firm global prices and higher freight and insurance costs, partly linked to the ongoing conflict in West Asia, are also raising import costs and supporting domestic market prices.

 

Urad prices are expected to be firm in the near term, with the New Burma Urad SQ variety seen in the range of INR 8,650-INR 8,850 per 100 kg. If prices move above INR 8,850, the market could turn more bullish, the association said. Many vessels are being rescheduled and not getting berthing on time, which may affect supply and support ready market demand if cargo arrivals are delayed.

 

"Slow imports, a weaker rupee, firm global prices, and higher freight and insurance costs linked to the Middle East (West Asia) crisis are also increasing import costs and supporting prices," it said. Arrivals of new Andhra black polish urad are lower than expected, with reports of lower yields in some areas.  End

 

Reported by Ashutosh Pati

Edited by Deepshikha Bhardwaj

 

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