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Informist, Monday, May 18, 2026

By Shreya Shetty

MUMBAI – Prices of chana showed mixed trends, while those of tur fell and of urad were unchanged in key spot markets across the country, traders said. Prices of chana fell in some markets after a steep rise last week, they said. Tur prices fell due to a rise in arrivals, while urad prices were steady amid a lack of fresh cues, they said.

CHANA prices in Akola, Maharashtra, fell INR 25 per 100 kg from last week to INR 6,050-INR 6075 per 100 kg, said Ankit Kedia, a local trader. Prices fell amid a slight price correction after prices rose by INR 100-INR 200 per 100 kg in the second half of last week, he said. Prices are unlikely to keep falling as demand for the legume is likely to increase in the near term amid fears of lower imports, he said. "Prices of imports from Australia and Canada are getting too expensive because of the rise in prices of crude oil, which is impacting both the rupee and shipping costs," he said. The rupee fell to a record low of 96.3325 a dollar Monday as Brent crude oil prices continued to rise amid uncertainty over the ceasefire agreement between the US and Iran. 

Prices are expected to rise in the near term as traders and stockists are likely to stock up on the domestic variety of the legume, while consumption demand for chana dal, or processed chana, is expected to increase in a few weeks as temperatures come down, he said. 

Prices of chana in Indore, Madhya Pradesh, were unchanged at INR 5,850-INR 5,950 per 100 kg, traders said.

TUR prices in Akola fell by INR 100 per 100 kg from last week to INR 8,125-INR 8150 per 100 kg, Kedia said. Prices fell due to a rise in arrivals of the legume, he said. "Prices had continuously risen for most of last week, so with prices near or above the minimum support price of INR 8,000 per 100 kg, farmers have begun offloading the stocks they were holding back when prices were lower," he said.

However, prices are expected to rise in the near term as demand is likely to increase, Kedia said. Demand from millers and traders looking to stock up on the legume ahead of an anticipated rise in consumption from June is likely to support prices, he said. The hike in prices of the legume last week is also supporting market sentiment, he said. On Wednesday, the government increased the minimum support price of tur to INR 8,450 per 100 kg from INR 8,000 per 100 kg.

Prices of tur in Katni, Madhya Pradesh, fell by INR 100 per 100 kg from the previous week to INR 8,250-INR 8,350 per 100 kg, according to the India Pulses and Grains 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 were steady amid a lack of fresh cues, they said.

Urad prices are likely to remain range-bound in the short term amid some demand and steady arrivals of the legume, the association said in its weekly report on Monday. Demand for urad is limited to need-based buying 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.  End

Edited by Akul Nishant Akhoury

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