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Informist, Wednesday, Mar. 18, 2026

 

By Shreya Shetty

 

MUMBAI – Prices of pulses fell in key spot markets across the country due to subdued demand, traders said. With the financial year drawing to a close, many market participants have stopped purchases to file and maintain their accounts for the year, they said. Prices of chana fell despite lower arrivals amid steady government procurement, while tur prices were weighed down further by ample availability, they said.

 

CHANA prices in Indore, Madhya Pradesh, fell by INR 100 from Tuesday to INR 5,550-INR 5,600 per 100 kg, said Gaurav Kochar, a local trader. Prices were weighed down by subdued demand even as arrivals of the new rabi crop remain low, he said. Many millers and traders have stopped purchases as they are busy with book-keeping and paying off dues as the financial year draws to an end, he said. Prices are likely to remain bound in the lower range till the end of March, he said.

 

Arrivals of the new rabi crop are significantly lower than last year as many farmers are choosing to sell their stocks to the government, said Ankit Kedia, a local trader. "The arrivals of the new rabi crop this year is only 50% of what it was in the same period last year because market rates are lower than the minimum support price," he said. The government is purchasing the legume at the minimum support price of INR 5,875 per 100 kg.

 

Prices of chana in Delhi fell by INR 25 from the previous day to INR 5,600-INR 5,626 per 100 kg, traders said.

 

TUR prices in Akola, Maharashtra, fell by INR 50 from Tuesday to INR 7,850-INR 7,900 per 100 kg, Kedia said. Prices fell due to a slowdown in demand amid ample supply of the legume, he said. While the government has begun procuring the legume, many farmers still prefer to sell their crop in spot markets, he said. "Prices of tur in spot markets are nearly the same as the minimum support price or slightly lower, but farmers won't mind losing INR 100-INR 200 per 100 kg if it means to get immediate payment," he said.

 

Farmers in the spot markets are usually paid for their stock in cash, while the government's payments usually take a few days to a week to be processed through banks, Kedia said. "Only the low-quality tur is being sold to the government currently," he said. The government is procuring the legume at the minimum support price of INR 8,000 per 100 kg.

 

Though many market participants have stopped purchases with the financial year drawing to a close, prices are unlikely to fall further as they are already in the bottom range, Kedia said. A rise in demand is expected in April, which is likely to support prices, he said.

 

Prices of tur in Katni, Madhya Pradesh, fell by INR 50 from the previous day to INR 8,050-INR 8,150 per 100 kg, according to the India Pulses and Grains Association.

 

URAD prices in Chandausi, Uttar Pradesh, fell by INR 100 from Tuesday to INR 8,100 per 100 kg, traders said. Prices of urad in Jaipur, Rajasthan, were also steady at INR 7,800-INR 8,800 per 100 kg, they said. Prices fell in some markets amid muted demand due to the absence of many market participants, they said. However, a steep fall in prices is unlikely as arrivals of new rabi urad in Andhra Pradesh are lower than expected, with reports of lower yield in some areas, the association said in its weekly report on Monday.  End

 

Edited by Avishek Dutta

 

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