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Informist, Monday, Jun. 1, 2026

MUMBAI – Prices of chana are expected to rise in the near term, those of tur could be range-bound and urad are likely to be range-bound to weak, the India Pulses and Grains Association said in its weekly report on Monday. Chana prices could rise due to a slowdown in both domestic and import supply ahead of the rise in demand during the monsoon and festival seasons, the association said. Tur prices could be range-bound amid steady arrivals and need-based demand, while those of urad could be range-bound to weak due to comfortable supply and subdued demand, it said.

Chana prices are expected to remain firm in the near term due to a slowdown in supply and expectations of a rise in demand, the association said. Arrivals are likely to decline further as most of the tradable stocks have already been purchased by millers and traders when prices were in the lower range and a large part of the rabi crop has also been procured by the government. Fresh imports of chana are limited due to the negative import parity. Demand is expected to improve gradually with the onset of monsoon and the festival season from July-end to August, which could also support prices.

However, a sharp rise in prices is likely to be prevented as some farmers still hold stocks of chana, the association said. Farmers could begin offloading their stocks if market prices remain near or above the minimum support price of INR 5,875 per 100 kg, the association said. A sharp rise in prices could also be limited as the government's procurement has slowed down, with procurement levels reaching close to the target, it said. 

Chana prices rose in the week ended Saturday, supported by the government's procurement, steady mill demand, and a slowdown in arrivals, the association said. Prices rose by INR 100 per 100 kilograms from last week to INR 6,200-INR 6,250 per 100 kg.

Prices of tur are likely to be range-bound in the near term amid steady arrivals and need-based demand, the association said. Though lower imports due to negative import parity may limit a downside in prices, demand remains limited to need-based purchases, it said. Arrivals of the domestic crop remain steady in key markets such as Solapur and Akola in Maharashtra, preventing prices from moving higher. Weak demand for tur dal, or processed tur, continues to pevent a rise in prices, it said.

The market will continue monitoring El Nino-related weather updates ahead of the kharif tur, the association said. Concerns about below-normal rainfall during the southwest monsoon will be the key factor in determining the price movements in tur in the medium term, it said.

Prices of tur fell in the week ended Saturday due to lower demand as prices remained near or above the minimum support price of INR 8,000 per 100 kg, discouraging buyers, the association said. Steady arrivals also weighed on prices, it said. Prices of tur in Akola fell by INR 75 per 100 kg from the previous week to INR 8,075-INR 8,100 per 100 kg.

Urad prices are likely to be range-bound to weak in the short term due to a rise in supply amid subdued demand, the association said. Arrivals of the summer crop are expected to peak in Madhya Pradesh and Gujarat, while urad imports from Brazil will begin from July, which is likely to keep supply comfortable, it said. Demand for urad dal, or processed urad, remains low.

However, a steep fall in prices is unlikely as demand for urad is expected to rise once the monsoon sets in and temperatures decrease, the association said. Concerns about deficient rainfall due to the upcoming El Nino could encourage farmers to shift from other crops to urad as the latter requires less water than crops such as soybean and cotton, it said. The government's procurement of the summer crop is also likely to support prices in the medium term, it said.

Urad prices fell in the week ended Saturday as demand from millers remained muted, while new shipment of urad from Myanmar arrived at the Chennai port, the association said. Arrivals of the new summer crop began in full swing, which also kept prices low, it said. Prices of urad in Chandausi, Uttar Pradesh, fell by INR 50 per 100 kg from last week to INR 8,375-INR 8,400 per 100 kg.  End

Reported by Shreya Shetty

Edited by Akul Nishant Akhoury

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