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Informist, Monday, May 18, 2026

 

MUMBAI – Prices of chana and tur are expected to remain range-bound in the near term amid a slowdown in arrivals and limited demand from millers and traders, the India Pulses and Grains Association said in its weekly report on Monday. Urad prices are also likely to stay range-bound amid steady arrivals, limited demand, and low imports, it said. 

 

Chana prices are likely to remain range-bound in the near term amid moderate demand and declining arrivals, the association said. Demand for chana remains low amid a seasonal slowdown in consumption and weak demand from hotels, restaurants, and caterers due to gas shortages, it said. However, with prices staying below the minimum support price of INR 5,875 per 100 kg, buying interest from millers and traders is expected to rise slightly, it said. 

 

Prices are likely to be supported at the lower levels as arrivals of chana have declined amid the government's ongoing procurement and decreasing stocks of the rabi crop, the association said. Lower imports of chana and yellow peas, limited carry-over stocks of domestic chana, and robust government procurement are also likely to keep prices from falling, it said. Demand for the legume is expected to rise in June with the onset of monsoon, which is likely to support prices. 

 

Prices of chana rose in the week ended Saturday due to a slowdown in arrivals and a rise in the pace of the government's procurement, the association said. Demand for chana dal, or processed chana, and besan, or chana flour, in the ongoing wedding season also supported prices. Prices in Indore, Madhya Pradesh, rose by INR 150 per 100 kg from the previous week to INR 5,850-INR 5,900 per 100 kg.

 

Prices of tur are expected to be range-bound in the near term, fluctuating by INR 100–INR 200 per 100 kg, the association said. Demand remains largely need-based amid weaker demand for tur dal, or processed dal during summer. Consumption demand is also likely to decrease due to 'Purushottam Maas', which is a 30-day auspicious Hindu period during which fasting is observed, it said. 

 

Lower arrivals of the crop are likely to prevent a fall in prices, the association said. Arrivals are also expected to decline further later in the season, which may support market sentiment, it said. The hike in the minimum support price of tur to INR 8,450 per 100 kg from INR 8,000 per 100 kg may also support sentiment.

 

In the medium term, the movement in tur prices is likely to depend on the progress of kharif sowing, rainfall during the monsoon, and recovery in seasonal demand, the association said. Though the southwest monsoon is expected to arrive early, the development of El Nino in the second half of the season is expected to pose a risk to the kharif crop in later stages, it said.

 

Prices of tur rose in the week ended Saturday as supply tightened, the association said. "The issue is not stock shortage but limited tradable supply, as most stocks are held by farmers, stockists at higher prices, and government agencies, while mills and traders maintain low inventories after months of need-based buying," it said. Prices of tur in Akola, Maharashtra, rose by INR 200 per 100 kg from last week to INR 8,225-INR 8,250 per 100 kg.

 

Urad prices are likely to remain range-bound in the short term amid some demand and steady arrivals of the legume, the association said. Demand for urad is limited to need-based buys from millers and traders amid a seasonal slowdown in consumption and lower purchases by hotels, restaurants, and caterers amid gas shortages, it said. Arrivals of the summer urad crop have begun in key producing regions such as Madhya Pradesh and Gujarat, and they are likely to rise further due to higher sowing this year and good crop conditions, it said.

 

However, prices are unlikely to fall due to a slowdown in imports, the association said. Import parity of urad is negative, with landed costs of the shipments higher than domestic prices, it said. In the medium term, prices of urad are likely to depend on the pace of summer crop arrivals, the progress in kharif sowing, the onset and progression of monsoon, and recovery in seasonal demand.

 

Urad prices rose in the week ended Saturday tracking a rise in prices of imports, the association said. Prices were also supported by improved  market sentiment as the government hiked the minimum support price of urad to INR 8,200 per 100 kg from INR 7,800 per 100 kg, it said. Prices of urad in Guntur, Andhra Pradesh, rose by INR 125 per 100 kg from the previous week to INR 8,200 per 100 kg.  End

 

Reported by Shreya Shetty

Edited by Vandana Hingorani

 

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