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Informist, Monday, Apr. 6, 2026

 

MUMBAI – Prices of chana are likely to rise in the near term, tur could be range-bound with a negative bias, and of urad, too, could be range-bound, the India Pulses and Grains Association said in its weekly report on Monday. Chana prices could be supported by a rise in demand amid a slowdown in supply, the association said. Tur prices could remain under pressure due to comfortable supply, with support from need-based purchases at lower levels. Urad prices are expected to be range-bound due to limited demand, it said.

 

Chana prices are expected to rise in the near term due to an increase in demand from millers, traders, and stockists, as current market prices are ruling below the minimum support price of INR 5,875 per 100 kg, the association said. Prices could also be supported by lower supply, with negligible carry-over stocks of chana and lower imports of yellow peas compared to last year, it said. Yellow peas are used as a cheaper alternative to chana. 

 

Prices could also be supported due to lower arrivals of the new rabi crop as most farmers are selling their crops to the government. The government's stock of pulses is currently around 2.2 million tonnes, which is below the buffer norm of 3.5 million tonnes — leaving scope for more procurement during the ongoing season.

 

Chana prices fell in the week ended Saturday, the association said. Trade activity remained low due to market closures for the financial year-end and festivals. Prices in Indore, Madhya Pradesh, fell by INR 25 from last week to INR 5,600-INR 5,675 per 100 kg.

 

Prices of tur are expected to be range-bound with a slight negative bias in the short term due to comfortable supply, with ample stocks with farmers, stockists, and traders, the association said. Prices could be supported at the lower levels due to some need-based demand in the first half of April, it said. However, demand could slow down during the second half of April and May due to seasonal weakness. 

 

Prices are currently trading around the minimum support level of INR 8,000 per 100 kg, which is acting as a support, the association said. A fall below the minimum support price could lead to higher procurement by the government, limiting a steep downside. A rise above the minimum support price could attract more selling from farmers and stockists, keeping prices mostly range-bound, it said.

 

Prices of tur fell in the week ended Saturday due to lower purchases by millers and traders amid sluggish demand for tur dal, or processed tur, the association said. Trading activity was also low as most markets remained shut for the financial year-end and festivals, it said.

 

Urad prices are expected to be range-bound in the near term amid need-based demand from millers and traders, the association said. Demand may slow down further from mid-April to May due to seasonal weakness, it said. Demand for domestic urad remains muted despite being offered at a discount against imports from Myanmar and Brazil due to weak consumption of urad dal, or processed urad.

 

Arrivals of the new summer crop from Madhya Pradesh are expected to begin from early June, which is expected to add to supplies, the association said. Imports from Myanmar are ongoing, and the sowing of urad in Brazil is progressing well, and shipments are expected to reach India by Jul-Aug, it said. In the medium term, prices are likely to depend on the supply of urad from Myanmar and the cost and freight rates of imports, it said.

 

Urad prices fell in the week ended Saturday due to limited demand amid steady domestic and import supply, the association said. Prices in Guntur, Andhra Pradesh, fell by INR 50 from the previous week to INR 8,150 per 100 kg.  End

 

Reported by Shreya Shetty

Edited by Deepshikha Bhardwaj

 

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