More Stories

Informist, Monday, Jun. 29, 2026

MUMBAI – Prices of chana and urad are likely to be range-bound in the near term, while those of tur could be steady to weak, the India Pulses and Grains Association said in its weekly report on Monday. Chana prices could be range-bound amid a cautious market outlook, and prices of urad could also be range-bound amid limited demand from millers and traders, the association said. Tur prices could be steady to weak due to low demand and the availability of stocks with the government, it said.

Chana prices are expected to be range-bound in the near term amid a cautious outlook, the association said. The government has been offloading stocks of chana, keeping prices from rising further amid lower arrivals and subdued demand, it said. However, with the government continuously selling stocks, traders say it may limit the Centre's ability to intervene in the market once demand rises in the medium term, limiting a downside in prices, it said. 

In the medium term, demand is expected to improve gradually due to the festival season, which will begin from August, the association said. Prospects of lower chana production in Australia, the top exporter of chana, along with high import costs are also likely to support prices, it said. 

Chana prices remained largely unchanged in the week ended Saturday amid low demand and the government's sale of its stocks, the association said. Mill demand remained weak due to low consumption of chana dal, or processed chana, and besan, or chana flour. Prices of chana in Indore, Madhya Pradesh, were unchanged at INR 6,025-INR 6,050 per 100 kg. 

Prices of tur are likely to be steady to weak in the short term as demand and supply remain low, the association said. Arrivals of the crop have declined and imports from Myanmar have also taken a hit due to poor import parity. Uncertainty about favourable weather conditions for kharif tur sowing is also likely to limit a downtrend in prices, it said. However, weak demand for tur dal, or processed tur, and the availability of the government's stocks could prevent a rise in prices, it said. 

The market will monitor the progress of the monsoon, as it has delayed sowing of tur across the country. Sowing could now continue till late July or early August, the association said. Good rainfall during this period could improve acreage and yield, while below-normal showers in key rain-fed regions such as Vidarbha, Marathwada, north Karnataka, and Telangana may impact the crop. 

Prices of tur fell in the week ended Saturday due to weak demand and the government's sales of its stocks, the association said. Prices of tur in Akola, Maharashtra, fell by INR 25 per 100 kg from last week to INR 8,000-INR 8,025 per 100 kg.

Urad prices are expected to be range-bound in the near term, as millers and traders are purchasing only according to their needs due to low demand for urad dal, or processed urad, the association said. The market is monitoring the kharif urad sowing progress for further cues, it said. As of Jun. 19, urad sowing was down 37% on year, but acreage is expected to improve in Madhya Pradesh, Gujarat, and Maharashtra, it said. Farmers in some parts of the country may prefer to sow moong and urad over soybean and tur this year.

The development and strengthening of El Nino conditions in the next few months cast uncertainty around the outlook for urad production this year, the association said. Many states are likely to begin prioritising water resources for civic use over irrigation and farm use if rainfall remains weak across the country, which could impact production, it said. The government holds around 4.3 million tonnes of urad stocks in its buffer, which is likely to mitigate any steep rise in prices if production is affected this year, it said.

Urad prices remained unchanged amid need-based purchases by millers and traders, the association said. Prices of urad in Chandausi, Uttar Pradesh, were steady at INR 8,350-INR 8,400 per 100 kg.  End

Reported by Shreya Shetty

Edited by Avishek Dutta

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.

Informist Media Tel +91 (22) 6985-4000

Send comments to feedback@informistmedia.com

© Informist Media Pvt. Ltd. 2026. All rights reserved.