Buying interest in gram remains limited at higher prices; Delhi sees fluctuations of ₹25–50

Gram prices in the domestic market witnessed limited fluctuations today as buying by pulse mills remained subdued at the elevated price levels. At Delhi's Lawrence Road market, prices saw variations of ₹25–50 per quintal, with 'Madhya Pradesh-origin' gram trading at ₹7,550–7,600 per quintal and 'Rajasthan-origin' gram at ₹7,625–7,650 per quintal. However, selling activity remains sluggish despite the price movements.

Demand for *chana dal* (split gram) and *besan* (gram flour) is expected to remain strong over the next one-and-a-half to two months due to the festive season. Meanwhile, most pulse mills in the domestic market are left with limited carry-over stocks of gram.

Arrivals of domestic gram in producing markets are also falling short of expected levels, creating supply-side pressure. Additionally, stocks of imported gram at ports are limited, and imports from Tanzania are currently low.

At the same time, the landed cost of imported gram remains high, limiting the scope for increasing the supply of cheaper imported stock in the domestic market. Overall, the gram market is finding support from factors such as limited selling, low availability, high import costs, and anticipated festive demand.