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Informist, Thursday, May 7, 2026

 

By Pallavi Singhal

 

NEW DELHI – Prices of chana and masur were largely steady across key markets on Thursday despite sluggish demand, as lower arrivals and ongoing government procurement supported sentiment, traders said. Tur prices were mixed, with rates steady in Solapur amid balanced demand and supply, while prices in Katni rose due to limited arrivals, they said.

 

CHANA prices in Indore, Madhya Pradesh, were steady at INR 5,650-INR 5,700 per 100 kg, said Dinesh Mangal, a local trader. Though demand for chana is sluggish, prices held steady due to a decline in arrivals, he said. Most farmers are selling their crop to the government, which is procuring it at the minimum support price of INR 5,875 per 100 kg, higher than the prevailing market prices. "Government procurement is going on, so arrivals have declined considerably -- thats the only reason prices are range-bound, otherwise demand is minimal," he said.

 

The market had expected prices to rise once arrivals slowed down, especially since traders, millers, and stockists were expected to make their monthly purchases, Mangal said. "But then demand never rose. All buyers are currently making do with the stocks they already have. So this means demand is not likely to rise significantly for the rest of the month," he said. As such, prices are likely to be range-bound in the near term, he said.

 

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

Prices of new TUR in Solapur, Maharashtra, were steady at INR 7,400-INR 7,600 per 100 kg, and prices of old tur were also unchanged at INR 6,700-INR 7,250 per 100 kg, said Rahul Srinivas, a local trader. Around eight to nine trucks carrying 20,000-25,000 kg of the new tur crop and one to two trucks with old tur arrived in the market, he said.

 

Prices are unchanged as low demand is in line with low supply, he said. The seasonal slowdown in consumption of pulses such as tur during summer is weighing on prices, he said. Prices are expected to remain largely steady for the rest of the month, as the market does not expect any major rise in demand till at least June, he said.

Prices of tur in Katni, Madhya Pradesh, rose by INR 50 per 100 kg from the previous day to INR 8,000-INR 8,100 per 100 kg, according to the India Pulses amd Grains Association. 

MASUR prices in Indore were steady at INR 6,050-INR 6,100 per 100 kg, Mangal said. Prices are supported by the government's ongoing procurement of the legume, he said. The bulk of the rabi crop is being purchased by the government as it is looking to build a "large" buffer stock, he said. "The government's purchase are the only reason prices are supported, otherwise, just like chana, there is little demand for masur even though arrivals have decreased considerably, " he said.

Prices of the moti variety of masur in Lalitpur, Uttar Pradesh, were steady at INR 5,800-INR 6,150 per 100 kg, according to the association.  End

 

(With inputs from Shreya Shetty)

 

Edited by Avishek Dutta

 

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