Chana dips in select mkts, tur steady, moong flat

Chana seen rising on demand, tur range-bound, moong steady amid low activity conditions

Prices of key pulses showed mixed trends across major spot markets, reflecting weak demand, supply-side constraints, and seasonal factors, according to traders and industry bodies. 

Chana prices declined in some markets due to sluggish demand, while tur remained largely steady despite easing consumption, supported by tight supplies. Moong prices were unchanged amid thin trading activity. 

In Indore, Madhya Pradesh, chana prices held steady at ₹5,650–₹5,750 per 100 kg, with limited buying interest weighing on sentiment. Government procurement at the minimum support price (MSP) of ₹5,875 per 100 kg continued to provide support, although procurement in the state lagged Maharashtra.  In Delhi, chana prices fell to ₹5,550–₹5,585 per 100 kg due to muted demand. Procurement trends remain a key driver. 

In Maharashtra, strong procurement has reduced open market arrivals as farmers sell to central agencies at MSP, which is above prevailing prices. This tightening of supply, combined with need-based buying from millers and traders, is expected to support prices. According to the India Pulses and Grains Association, chana prices are likely to firm up in the near term due to improving demand and slowing arrivals. Demand from traders, millers, and stockists is expected to pick up at current price levels, which remain below MSP. The association noted that ongoing arrivals are being absorbed by buyers, while government procurement is supporting prices at lower levels. 

 Tur prices in Solapur were steady at ₹7,400–₹7,900 per 100 kg for the new crop, while the old crop traded at ₹6,700–₹7,350 per 100 kg. Prices remained range-bound as weak demand was offset by lower arrivals, with farmers holding back stocks in anticipation of higher prices. 

 However, tur prices in Katni declined by ₹100 to ₹8,100–₹8,200 per 100 kg, indicating regional variations. The association expects tur and urad prices to remain range-bound amid comfortable supplies. Meanwhile, moong prices in Jaipur were steady at ₹6,700–₹7,000 per 100 kg due to low activity.      

—Informist