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Informist, Monday, Mar. 23, 2026

 

MUMBAI – Prices of chana and urad are expected to remain range-bound this week as most market participants are expected to stay away during the end of the financial year, the India Pulses and Grains Association said in its weekly report on Monday. Prices of tur could be weighed down by ample supply amid weak demand, the association said.

 

Chana prices are expected to be range-bound this week as trading activity is expected to be muted ahead of the financial year-end as many market participants are busy with bookkeeping. Though the government has approved the procurement of 2.5 million tonnes of chana at the minimum support price of INR 5,875 per 100 kg, large-scale buying has not begun yet, keeping immediate price support limited. Prices in most spot markets are ruling below the minimum support price, which is likely to prompt farmers to sell their crops to the government. This could reduce arrivals in the markets and support prices, it said.

 

In the near term, prices of chana will depend on the pace of arrivals from Madhya Pradesh and the increase in arrivals from Rajasthan from late March, and on the pace and scale of government procurement, the association said.

 

Chana prices in the week ended Saturday showed mixed trends in different key spot markets, the association said. In some markets, prices fell amid a rise in arrivals, while they rose slightly in others amid some need-based demand. Prices in Indore, Madhya Pradesh, rose by INR 25 from last week to INR 5,550-INR 5,625 per 100 kg. Prices in Jaipur, Rajasthan, fell by INR 75 from last week to INR 5,425 per 100 kg.

 

Prices of tur are expected to remain under pressure this week due to ample supply and sluggish demand, the association said. Demand has reduced amid a rise in prices and market participants staying away for the financial year-end, it said. Prices are also expected to be weighed down by weak demand for tur dal, or processed tur. 

 

Prices of tur fell in the week ended Saturday as traders remained cautious amid low demand for tur dal, the association said. Demand from stockists also remained weak as most of them already hold large inventories, it said. Overall activity was also low as most markets remained shut for several festivals such as Id-ul-Fitr and Gudi Padwa, it said. Prices in Akola, Maharashtra, fell by INR 25 from the previous week to INR 8,050-INR 8,075 per 100 kg.

 

Urad prices are expected to be range-bound in the near term with lower trading activity owing to the financial year-end, the association said. Purchases from traders and millers are likely to stay muted due to low demand for urad dal, or processed urad, keeping prices from rising. While supply via imports remains sufficient, domestic rabi crop arrivals have been lower-than-expected, which is likely to keep prices from falling, it said.

 

The sowing of the summer urad crop is progressing well, with good acreage reported in the key sowing regions such as the Jabalpur-Patna belt of Madhya Pradesh and the Saurashtra region of Gujarat, the association said. In the medium term, the movement in prices is likely to depend on the fluctuation in cost and freight rates of imports and the pace of shipments, it said. Myanmar still holds large urad stocks, while the new urad crop in Brazil is pegged around 300,000–350,000 tonnes, it said.

 

Urad prices showed mixed trends in different markets in the week ended Saturday, the association said. Prices rose in some markets amid need-based demand and arrivals of low-quality urad, while it fell in others due to a rise in arrivals. Prices in Chandausi, Uttar Pradesh, rose by INR 200 from last week to INR 8,300 per 100 kg, while in Guntur, Andhra Pradesh, it fell by INR 100 from last week to INR 8,350-INR 8,375 per 100 kg.  End

 

Reported by Shreya Shetty

Edited by Deepshikha Bhardwaj

 

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