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Informist, Wednesday, Oct. 14, 2026

 

By Khushi Singh

 

MUMBAI – Prices of chana and tur fell in key spot markets Wednesday, while those of urad and masur remained steady, traders said. Prices corrected after a sharp rise in recent sessions. However, limited mandi arrivals, weather-related production risks, rupee depreciation and higher import costs continue to support the broader market.

 

The government plans to release its record 4.5 million tonnes of pulses buffer stock in a calibrated manner after rabi sowing is completed to curb price increases and provide relief to consumers, Ankit Kapoor, director and co-founder of Commodity Samachar, said. The move could create temporary selling pressure, particularly in chana and other pulses, limiting near-term gains, he said.

 

CHANA prices in Indore, Madhya Pradesh, fell by INR 50 to INR 7,550–7,600 per 100 kg, Kailash Kakani, a local trader, said. Prices corrected after rising sharply in recent sessions, while demand weakened after buyers stocked up ahead of Diwali, he said. Government tenders have also weighed on prices. The Bhopal unit of the National Agricultural Cooperative Marketing Federation of India Ltd. had invited bids for the sale of chana, moong, masur and urad in two separate e-auctions scheduled for Wednesday. The federation did not specify the quantities on offer.

 

Prices have also faced pressure amid rumours of an import duty cut. However, the India Pulses and Grains Association has advised market participants not to believe such reports unless an official announcement is made.

 

TUR prices in Solapur fell by INR 200 to INR 10,700–10,725 per 100 kg after hitting a three-year-high Monday, Rahul Srinivas, a local trader, said. Prices had surged by INR 500 Monday, prompting some corrections, he said. Demand is expected to improve slightly after Dussehra, but buying interest remains weak for now. Prices may correct further in the near term but are unlikely to fall sharply unless the government intervenes, he said.

 

Chana and tur prices have seen a minor correction as demand has slowed, Mukesh Sanklecha, a local trader, said.

 

URAD prices in Chandausi, Uttar Pradesh, remained steady at INR 9,500 per 100 kg, while those in Jaipur, Rajasthan, were unchanged at INR 8,200–9,200 per 100 kg, according to the India Pulses and Grains Association. Urad prices are expected to remain firm in the near term amid limited stocks, low port inventories and higher import costs, the association said.  End

 

Edited by Deepshikha Bhardwaj

 

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