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Informist, Wednesday, May 6, 2026

 

By Shreya Shetty

 

MUMBAI – Prices of chana and urad were steady, while those of tur rose in key spot markets across the country, traders said. Tur prices rose due to a temporary slowdown in arrivals, they said. Chana prices were unchanged as demand for the legume matched its supply, while prices of urad were steady due to the absence of fresh cues, they said.

 

CHANA prices in Indore, Madhya Pradesh, were steady at INR 5,675-INR 5,725 per 100 kg, said Gaurav Kochar, a local trader. Prices are unchanged as demand was on a par with supply, he said. "There is stable demand to match the supply currently," he said. The government's ongoing procurement is also supporting prices, he said. Procurement of the legume is progressing well in Madhya Pradesh, and is likely to meet its target of 580,000 tonnes, he said. The government's total procurement of chana across India is likely to have reached 1.4 million tonnes as of Wednesday, he said.

 

Chana stocks with central nodal agencies National Cooperative Consumers' Federation of India Ltd. and National Agricultural Cooperative Marketing Federation of India Ltd. currently stand at 1.1 million tonnes, according to IGrain India, an agri-commodity research centre. Chana stocks account for the highest share of the total pulses stock with the government currently, which is 2.69 million tonnes, close to the target of 2.9 million tonnes, it said.

 

Prices of chana in Delhi were unchanged at INR 5,550-INR 5,575 per 100 kg, traders said.

 

TUR prices in Akola, Maharashtra, rose by INR 50 per 100 kg from Tuesday to INR 7,750-INR 7,800 per 100 kg, said Ankit Kedia, a local trader. Prices have risen due to a temporary slowdown in arrivals, he said. "Many farmers are away from markets as today and tomorrow are very auspicious days for weddings," he said. Prices could remain slightly elevated till Thursday, though a sharp increase is unlikely as demand is largely only need-based presently, he said.

 

A sharp rise in prices is also unlikely as volatility in the market for imported tur is weighing on the overall market sentiment, he said. "Imported tur is also not being sold, so to create some action in the market, large companies selling imports are quoting prices which are fluctuating every day— one day prices will rise by INR 50 per 100 kg and after two days they will quote it lower by INR 100 per 100 kg. This has affected the sentiment in domestic market," he said. Prices of imported tur and domestic tur influence each other significantly, he said.

 

Prices of tur in Katni, Madhya Pradesh, rose by INR 50 from the previous day to INR 7,950-INR 8,050 per 100 kg, according to the association.

 

URAD prices in Chandausi, Uttar Pradesh, were unchanged at INR 8,325-INR 8,350 per 100 kg, traders said. Prices of urad in Jaipur, Rajasthan, were also steady at INR 7,400-INR 8,400 per 100 kg, they said. Prices are steady amid a lack of fresh cues, they said.

 

Prices are likely to be under pressure in the near term due to ample availability of the legume, the association said in its weekly report on Monday. Arrivals of the domestic crop and imports from Myanmar are ongoing, the association said. Myanmar still holds large stocks, and new crop shipments from Brazil are expected to begin from July. Arrivals of the summer crop are expected to rise by mid-May, adding to supply. Kharif sowing is also two months away, and as such, supply is likely to remain steady in the near term, it said. Prices of urad are unlikely to see any major rise till the end of June, it said.  End

 

Edited by Avishek Dutta

 

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