Pulses body sees chana prices range-bound in near term amid steady demand
This story was originally published at 11:47 IST on 8 June 2026
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MUMBAI – Prices of pulses are expected to be largely range-bound in the near term, the India Pulses and Grains Association said in its weekly report on Monday. Chana prices are likely to be range-bound amid steady demand and low arrivals, while those of tur could also be range-bound due to need-based demand and ongoing arrivals, it said. Urad prices are expected to fluctuate in a narrow range amid low demand and steady summer crop arrivals, it said.
Chana prices are expected to be range-bound in the near term, the association said. Demand remains steady as mills and traders are buying cautiously as consumption of chana dal, or processed chana, and besan, or chana flour, is low, it said. However, a fall in prices is likely to be prevented due to lower arrivals and limited imports of chana and yellow peas amid negative import parity. Though farmers may offload more of the crop if prices improve, their stock is limited, it said.
Demand for chana is expected to improve with the onset of monsoon, and the festival season starting August could support consumption of chana dal and besan, the association said. Though the government's ongoing procurement continues to support prices, the operations are likely to slow down now that they are nearing the target amount, it said.
Chana prices fell in the week ended Saturday as demand slowed down in the higher range of prices, the association said. Prices had risen above the minimum support price of INR 5,875 per 100 kg, prompting farmers to offload more of their stocks, which weighed on prices. Prices of chana in Indore, Madhya Pradesh, fell by INR 125 per 100 kilograms from the previous week to INR 6,100-INR 6,125 per 100 kg.
Prices of tur are likely to be range-bound in the short term amid need-based demand and steady supply, the association said. Millers are purchasing tur only for immediate needs due to weak demand for tur dal, or processed tur, it said. Steady arrivals, comfortable domestic stocks and government inventories are likely to prevent any rise in prices. However, a fall in prices is also unlikely due to lower imports amid negative import parity, it said.
Despite concerns about below-normal rainfall during the monsoon due to the upcoming El Nino, the long sowing window is likely to keep farmers in a wait-and-watch mode, the association said. The market will continue tracking the monsoon progress and the kharif sowing and acreage for cues for further price movement, it said.
Prices of tur fell in the week ended Saturday due to a slowdown in demand amid steady arrivals in key spot markets, the association said. Prices of tur in Akola, Maharashtra, fell by INR 50 per 100 kg from last week to INR 8,025-INR 8,050 per 100 kg.
Urad prices are likely to move in a narrow range in the near term amid steady arrivals of the summer crop and low demand, the association said. Steady arrivals of the summer urad crop continue in Madhya Pradesh, Gujarat, and Uttar Pradesh, the association said. Myanmar holds large stocks of urad, while shipments from Brazil are expected to hit Indian ports from July, keeping supply comfortable, it said.
The downside in prices is expected to be prevented due to support from the government's procurement, low stocks of imports at ports, and slow imports due to negative price parity, the association said. Demand may also improve once monsoon commences in full swing.
Prospects of below-normal rainfall during monsoon could make farmers shift from other crops to urad as the latter requires less water, the association said. However, soybean--another less water-intensive crop--has better returns, so the shift of acreage to urad is likely to be lower, it said.
Urad prices fell in the week ended Saturday due to low demand for urad dal, or processed urad, and a rise in summer crop arrivals, the association said. Prices of urad in Chandausi, Uttar Pradesh, fell by INR 250 per 100 kg from the previous week to INR 8,125-INR 8,150 per 100 kg. End
Reported by Shreya Shetty
Edited by Akul Nishant Akhoury
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