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Informist, Wednesday, Apr. 1, 2026

 

By Shreya Shetty

 

MUMBAI – Prices of pulses were unchanged in key spot markets across the country as most market participants were busy with the financial year book closing, traders said. Prices of chana are likely to remain steady in the near term, while those of tur are expected to be rangebound with a positive bias, as a slight rise in demand is likely, they said.

 

CHANA prices in Akola, Maharashtra, were steady at INR 5,650 per 100 kilograms, said Ankit Kedia, a local trader. Prices are unchanged, as demand and supply of the legume are both low and in balance, he said. Demand is muted as most millers and traders are away for the year-end book closing, he said. Prices could remain unchanged in the short term, he said.

 

Arrivals of the new kharif crop have been low since the government started procuring the pulse, Kedia said. Many farmers prefer to sell their crop to the government, which purchases it at the minimum support price of INR 5,875 per 100 kg, higher than prevailing spot market prices, he said. "While most farmers are selling their chana to the government, some of them are still bringing it to the market because they need immediate cash, or they have surplus crop to sell. Even those arrivals are not there today," he said. Many farmers are inactive in the market today due to the financial year-end, he said. "Arrivals will remain low this week because tomorrow (Thursday) it is Hanuman Jayanti, then again on Friday banks are closed for Good Friday, so farmers will stay away," 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 unchanged at INR 8,200-INR 8,225 per 100 kg, Kedia said. Prices are steady amid tepid market activity, he said. Most market participants are away for the year-end book closure, he said. Prices are expected to remain range-bound with a positive bias in the near term as a slight rise in demand is likely, he said. "Most buyers have already stocked up on the legume last week, so now there will only be demand for need-based purchases, which could rise marginally every few days," he said.

 

Unlike chana, the government's procurement of tur in Maharashtra has not picked up pace, as market rates are at or above the minimum support price of INR 8,000 per 100 kg, Kedia said. "The procurement of chana is also higher because the crop quality is better — there are higher chances of the government buying it without question. On the other hand, the tur crop has sustained weather-related damage to some extent, and it is usually sold fairly easily in spot markets compared to selling it to the government," he said. 

 

Prices of tur in Katni, Madhya Pradesh, were steady at INR 8,500-INR 8,600 per 100 kg, according to the India Pulses and Grains Association.

 

URAD prices in Chandausi, Uttar Pradesh, were steady at INR 8,475-INR 8,500 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. 

 

Urad prices are likely to stay range-bound in the near term due to cautious buying by millers and traders, the association said in its weekly report on Monday. Trading may remain low this week as most market participants stay away for the financial year-end. With temperatures rising and more heat waves predicted, demand for urad may remain sluggish. 

 

The government has extended the import duty waiver on tur and urad by another year till Mar. 31, 2027, the Directorate General of Foreign Trade said late on Tuesday. The government has retained the 30% import duty on yellow peas for another year, till Mar. 31, 2027.  End

 

Edited by Saji George Titus

 

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