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Informist, Tuesday, Mar. 24, 2026

 

By Shreya Shetty

 

MUMBAI – Prices of pulses were unchanged in key spot markets across the country, traders said. Prices are likely to remain steady this week amid low market activity, with most market participants busy with bookkeeping ahead of the financial year-end, 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 as demand and supply are both low and in balance, he said. Arrivals of the new rabi crop have declined in the market as many farmers are choosing to sell their stocks to the government, he said. "Chana procurement is very strong in Maharashtra because the price at which the government is purchasing the crop is higher than the spot market prices right now," he said. The government is purchasing the chana at the minimum support price of INR 5,875 per 100 kg.

 

Prices are likely to remain range-bound in the near term, as market activity is expected to decline as the financial year draws to a close. Most market participants will be busy maintaining their accounts in the next few days, he said. With Ram Navami on Thursday and Mahavir Jayanti on Tuesday, most markets are likely to be shut, he said.

 

Prices of chana in Delhi were steady at INR 5,525-INR 5,575 per 100 kg, traders said.

 

TUR prices in Akola were steady at INR 7,925-INR 7,950 per 100 kg, Kedia said. Prices are steady amid low market activity, he said. Arrivals of the new kharif crop are still ongoing, and are likely to continue steadily for the next few weeks, he said. "Earlier, everyone thought production in Maharashtra would be impacted due to below-normal temperatures in January, but nothing like that has happened," he said. 

 

Though procurement of tur has begun in Maharashtra, most farmers are preferring to sell their crop in the market, as the prevailing spot market rates are only slightly lower or on par with the minimum support price of INR 8,000 per 100 kg, he said. "Farmers are okay letting go of INR 100-INR 200 per 100 kg if it means they get immediate cash payment in the market over having to wait for days for the government to process the payment via banks," 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 8,275-INR 8,300 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 were unchanged due to a lack of fresh cues, they said.

 

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 in its weekly report on Monday. Purchases from traders and millers are likely to remain muted due to low demand for urad dal (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.  End

 

Edited by Saji George Titus

 

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