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Informist, Wednesday, May 20, 2026

 

By Shreya Shetty

 

MUMBAI – Prices of tur rose, while chana prices were mixed in key spot markets across the country on Wednesday, traders said. Tur prices, along with chana in some markets, rose due to lower domestic arrivals and fears of a decline in imports amid the rupee's fall, they said. Urad prices were steady due to a lack of new cues, they said.

 

 

CHANA prices in Indore, Madhya Pradesh, rose by INR 100 per 100 kilograms to INR 6,100-INR 6,150 per 100 kg, said Gaurav Kochar, a local trader. Prices rose for the second consecutive day due to lower arrivals. Arrivals have declined as farmers' stocks of the rabi crop have decreased considerably, he said. Most farmers sold the bulk of their crop to the government as spot market prices remained below the minimum support price of INR 5,875 per 100 kg for most of April and the first half of May, he said. 

 

Prices have also risen amid concerns about a decline in imports amid a weak rupee, Kohcar said. "The market expects the rupee to fall further to INR 100 per $1, so imports are likely to get more expensive. At some point, it will get too expensive for importers to purchase shipments from countries such as Australia and Canada," he said. Prices could rise further by INR 100 per 100 kg in the near term if the rupee remains weak or falls further, he said.

 

Prices of chana in Delhi were steady at INR 5,950-INR 6,000 per 100 kg, traders said.

 

TUR prices at Akola in Maharashtra rose by INR 100 per 100 kg to INR 8,350-INR 8,400 per 100 kg, said Ankit Kedia, a local trader. Prices rose due to a fall in supply, as arrivals of the kharif crop have declined, he said. Prices are likely to rise further in the near term as the market expects imports of tur to decline, Kedia said. "Importers are already finding it difficult to buy as much tur as they usually do because of rising costs," he said. Shipping costs have increased due to elevated crude oil prices amid the ongoing conflict in West Asia. Additionally, the rupee has been hitting record lows over the past few days, with the currency touching an all-time low of INR 96.96 per $1 on Wednesday.

 

Importers who can still afford to purchase tur from sources such as Myanmar will continue importing it out of fear of dwindling supplies in the medium term, Kedia said. Some importers fear that the upcoming El Nio is also likely to affect crops in Myanmar and countries in Africa, which could result in lower production in these countries, he said. 

Prices of tur at Katni in Madhya Pradesh rose by INR 100 per 100 kg to INR 8,450-INR 8,550 per 100 kg, according to the India Pulses and Grains Association. 

 

URAD prices at Chandausi in Uttar Pradesh were steady 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 due to the absence of fresh cues, they said.

 

Demand for urad is limited to need-based purchases by millers and traders amid a seasonal slowdown in consumption and reduced purchases by restaurants and caterers due to a gas shortage, the association said in its weekly report on Monday. However, prices are unlikely to fall due to a slowdown in imports, the association said. Landed costs of imported urad are higher than domestic prices, it said. In the medium term, urad prices are likely to depend on the pace of summer-crop arrivals, the progress of kharif sowing, the onset and progression of the monsoon, and the recovery in seasonal demand.

 

Edited by Saji George Titus

 

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