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Informist, Wednesday, May 13, 2026

 

By Shreya Shetty

 

MUMBAI – Prices of chana and tur rose Wednesday, while those of urad remained unchanged in key spot markets of the country, traders said. Chana prices rose amid higher need-based demand and low arrivals, they said. The higher demand for tur was due to the market expecting imports to get costlier amid a falling rupee and rising shipping charges, they said. Urad prices are steady amid the absence of new cues, they said.

 

CHANA prices in Indore, Madhya Pradesh, rose by INR 25 per 100 kg from Tuesday to INR 5,725-INR 5,775 per 100 kg, said Gaurav Kochar, a local trader. Prices have risen amid a slowdown in arrivals and a slight rise in need-based demand, said Ankit Kedia, a local trader from Akola, Maharashtra. Most of the rabi chana crop is being sold to the government, as it is procuring the legume at the minimum support price of INR 5,875 per 100 kg, which is higher than the prices currently ruling in markets, he said. "Most of the good-quality chana crop is being sold to NAFED (National Agricultural Cooperative Marketing Federation of India Ltd.), so the market is receiving mostly average-to-poor quality crop, which is also supporting prices," he said.

 

The government's procurement of chana across the country is likely to meet its target of more than 2 million tonnes, Kedia said. However, in the medium term, the availability of ample stocks with the government is likely to cap any steep rise in prices, he said. "There will be supply everywhere, and the government will be able to prevent sharp rises by offloading their stocks," he said.

 

Prices of chana in Delhi rose INR 25 per 100 kg from the previous day to INR 5,550-INR 5,600 per 100 kg, traders said.

 

TUR prices in Akola rose INR 50 per 100 kg from Tuesday to INR 8,025-INR 8,050 per 100 kg, Kedia said. Prices have risen due to a rise in demand amid a slowdown in arrivals, he said. "The market believes the rupee will fall further to INR 100, because it has already been falling steeply for some time now. On top of that, shipping charges have climbed steeply due to the West Asia war, so everyone thinks imports (of tur) will become really expensive in the medium term," he said.

 

On Wednesday, the rupee ended at a record closing low of INR 95.7050 a dollar. India imports part of its tur supply from Myanmar and many African countries. With fears of a fall in import supply, some millers and traders are currently stocking up on the legume, which is supporting prices, Kedia said. "The Prime Minister's recent speech has also spooked the market, as many are taking it as a sign that imports will definitely become more expensive," he said. Prime Minister Narendra Modi Sunday urged people to cut down on the use of petrol and diesel as India finds itself in an increasingly tough spot amid the ongoing energy crisis stemming from the war in West Asia.

 

Prices of tur in Katni, Madhya Pradesh, rose INR 50 per 100 kg from the previous day to INR 8,150-INR 8,250 per 100 kg, according to the India Pulses and Grains Association. 

 

URAD prices in Chandausi, Uttar Pradesh, were unchanged at INR 8,275-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 were steady amid a lack of fresh cues, they said.

 

Demand for the legume remains weak amid a seasonal slowdown in consumption during the summer, the association said in its weekly report on Monday. May deliveries of the legume from Myanmar are expected to rise, keeping supply comfortable, the association said. Myanmar and Brazil have sufficient stocks of urad, while kharif sowing will commence next month, keeping overall availability comfortable in the coming months, it said. In the medium term, the movement in prices will largely depend on the performance of the upcoming kharif sowing, it said.  End

 

Edited by Tanima Banerjee

 

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