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Informist, Thursday, Apr. 30, 2026

 

By Shreya Shetty

 

MUMBAI – Prices of pulses were steady in key spot markets across the country Thursday, traders said. Prices of chana and masur were unchanged, supported by limited demand and the government's ongoing procurement, they said. Tur prices were steady as sluggish demand for the legume matched its low supply, they said. Prices of all three pulses are expected to remain largely range-bound amid tepid demand and the government's purchases, they said.

 

CHANA prices in Indore, Madhya Pradesh, were steady at INR 5,675-INR 5,727 per 100 kg, said Dinesh Mangal, a local trader. While there is some demand for the legume, it is not substantial enough to lift prices, even as arrivals have declined, he said. Arrivals have dropped because many farmers are selling their crop to the government, as the latter is purchasing the legume at the minimum support price of INR 5,875 per 100 kg, which is higher than the prices currently ruling in spot markets, he said. Though chana procurement was off to a slow start in Madhya Pradesh, it has picked up pace after the government relaxed norms for the quality of the legume for procurement, as some of the crop was impacted by unseasonal rainfall in March and April, he said. 

 

"We had expected that prices could rise by INR 100-INR 150 per 100 kg once more farmers begin selling their crop to the government and arrivals declined, but that never happened," Mangal said, adding, "This sends a signal to the market that demand is not strong currently, and is unlikely to rise anytime soon." While demand is likely to remain tepid, the government's ongoing procurement is expected to limit the fall in prices, he said. "Prices could remain largely range-bound in the near term as the government will continue purchasing chana, and is likely to reach its target this year," he said. The target for chana procurement in Madhya Pradesh is set at 580,000 tonnes.

 

Prices of chana in Delhi were steady at INR 5,550-INR 5,550 per 100 kg, traders said.

 

TUR prices in Solapur, Maharashtra, were steady at INR 7,400-INR 7,800 per 100 kg, while those of the old crop were also unchanged at INR 6,700-INR 7,250 per 100 kg, said Rahul Srinivas, a local trader. Around six to seven trucks carrying 20,000–25,000 kg of the new crop and one to two trucks with old tur arrived in the market, he said.

 

Prices are unchanged as demand and supply of the legume are both low and equally matched, he said. Demand is tepid due to a seasonal slowdown in consumption during summer, while arrivals are low as many farmers are not bringing their crop to the market, he said. Some farmers are refusing to offload their stock at the prevailing market prices, which are lower than the minimum support price of INR 8,000 per 100 kg, while others are preferring to sell their crop to the government, he said. 

 

Overall market activity in the market is also tepid, keeping prices unchanged, Srinivas said. Temperatures in the interior parts of Maharashtra have remained above 40 degrees Celsius, forcing many market participants to remain indoors, he said. "The markets have become like empty football grounds lately, only some buyers are coming out to make some need-based purchases, and even fewer farmers are braving a long journey to the market to sell their crop," he said.

 

Prices of tur in Katni, Madhya Pradesh, were unchanged at INR 7,950-INR 8,050 per 100 kg, according to the India Pulses and Grains Association.

 

MASUR prices in Indore were steady at INR 6,050-INR 6,100 per 100 kg, Mangal said. Prices were steady amid some demand from stockists and traders, he said. "Stockists and traders who need to make purchases won't buy anything at all if prices rise higher, so many sellers are forced to keep prices lower," he added. Prices are also supported by the government's robust procurement of the legume, the trader said. The government is purchasing most of the rabi crop, keeping prices from falling, he said. The government is purchasing masur at the minimum support price of INR 7,000 per 100 kg, which is higher than the prevailing market price, he said.

 

Prices of moti variety of masur in Lalitpur, Uttar Pradesh, remained steady at INR 5,800-INR 6,200 per 100 kg, according to the association.  End

 

Edited by Tanima Banerjee

 

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